Quotex: withdrawal of funds from broker

The withdrawal process on the Quotex platform is as simple and user-friendly as possible. Withdrawals are made through your personal account, and it is important to remember that the method you used to deposit must also be used for withdrawals. For example, if you made a deposit via Visa, the same method will be used for withdrawal. This article describes in detail the stages of withdrawal, conditions for different payment methods, as well as nuances related to verification.

Basic steps to withdraw funds from Quotex:

Step 1: Open the Withdrawal Menu
Go to your personal account and go to the “Withdrawal” section . This is the first step to start the process of withdrawing money from your account.

Step 2: Select a payment method
Select the method you used to fund your account, as this is the method you will need to use for withdrawal. For example, if you funded your account via credit card, the withdrawal will also be via that card. If you need to change the method, it is recommended that you contact Quotex Support for instructions.

Step 3: Enter payment details
Depending on the selected withdrawal method, you need to enter the details for transferring funds. For example, when withdrawing via Bitcoin, you will need to specify the address of the cryptocurrency wallet where the funds will be sent.

Step 4: Enter the confirmation code
Quotex uses two-factor authentication to ensure security. You will receive a code to your email which you need to enter in the appropriate field to confirm the transaction.

Step 5: Confirm Withdrawal Request
Once you have entered all the details , click the “Confirm” button to submit your withdrawal request. Your request will now be processed.

Step 6: Check Withdrawal Status
Once the request has been submitted, you can track the withdrawal status through your personal account. The following statuses are possible:

• Failed – the output is not executed, an error has occurred;
• In Process – the output request is being processed;
• Success – the output process has been completed successfully.

Processing time and withdrawal fees

The processing time for withdrawal requests may vary depending on the method you use. On average, the process takes anywhere from a few hours to 3 business days. Here are the approximate timelines and fees for the different methods:

It is important to note that Quotex does not charge additional withdrawal fees, however certain payment systems may charge a fee for their services. This is worth taking into account when planning a withdrawal.

Minimum withdrawal amount on Quotex

The minimum withdrawal amount depends on the selected method. For most payment systems the minimum amount is $10, but for cryptocurrencies this threshold can be higher – $50. At the same time, the maximum withdrawal amount is not limited, which allows traders with large deposits to freely manage their funds.

Verification for large conclusions

In case of large withdrawals, Quotex may require additional user verification. This is standard practice to prevent fraud and ensure transaction security. The verification process involves providing copies of documents that prove your identity and residence. It is important that all account information matches the information in the uploaded documents.

Supported currencies for withdrawal

Given the wide geography of users, Quotex supports withdrawals in a variety of currencies , including US dollars, euros, hryvnia, Brazilian real and others. The choice of currency depends on the payment system you use for withdrawal. You can check the details on the broker’s official website.

Advantages of withdrawing funds on the Quotex platform

The Quotex platform offers many benefits to users, including:

• Easy and convenient withdrawal process: The intuitive interface and support for various payment methods ensure easy transactions.
• No platform fees: Quotex does not charge withdrawal fees, which allows traders to maximize the amount of money in their account.
• Wide choice of withdrawal methods: You can use traditional bank transfers and cards as well as modern cryptocurrency payments.
• Fast crediting of funds: Transaction processing time depends on the method, but most requests are completed within 60 minutes.

Conclusion

The withdrawal process with Quotex is simple and transparent. It is important to use the same method for withdrawal that was used for depositing, and to make sure that all account details are up to date to prevent processing delays. With a minimum withdrawal amount of $10 and no commissions from the platform, Quotex provides a convenient and affordable environment for all traders.