Quotex: withdrawal of funds

Withdrawal of funds

If you have already registered sent verification documents (although this is not always necessary), funded your account and finally made a profit thanks to your strategies or simple luck, then most likely you are now looking for information about withdrawing funds from the Quotex platform. Here you can find step-by-step instructions on how to do it correctly avoiding common mistakes. Before doing so, however, let’s answer one of the most frequently asked questions.

Disposal of funds: is withdrawal possible?

This is definitely the main question asked by many beginners. In order not to breed a long discussion, if you have 300 rubles, the easiest thing to do is to fund your account, make a trade and request a withdrawal. Quotex is now the market leader and a reliable broker that always fulfills its obligations to its clients. Do you want to be sure? Read reviews about withdrawing money to Quotex on various online resources. If you have already earned a certain amount, then as soon as the funds are accrued to your card or wallet the question of withdrawal will no longer be reasonable.

Every day tens of thousands of customers with real accounts successfully withdraw their funds without any problems. To join them simply authorize on the platform.

Next, you can select the “Withdrawal” section in the left menu or click on the corresponding button in the upper right corner:

Remember! Funds can be withdrawn only to the details (card, e-wallet) from which the initial deposit was made. Withdrawal of funds to third-party details is impossible.

You will then see a summary of the available funds for withdrawal, the amount and the commission. Quotex does not charge a commission for either deposits or withdrawals, but your bank or payment system may do so. Also consider possible currency conversion fees if your account is not in rubles.

In the “Withdrawal” section specify the amount, select the payment system, enter your card or wallet details and confirm the request. For security purposes Quotex utilizes two-factor payment authorization with the use of PIN code is sent to your email.

Please note! The minimum withdrawal amount on Quotex is only 300 rubles, but for some payment systems and cryptocurrencies this threshold may be higher.

Once the request is confirmed you will be notified of its successful completion. Usually the broker sends funds within 3 business days, but it can happen faster. Keep in mind that the bank may take up to 5 days to process the transaction.

To view the history of financial transactions and their statuses go to the “Transactions” section in your personal cabinet.

Without verification

The editorial staff of the site expresses their understanding of users’ fears regarding the verification request often required by brokers. However, Quotex does not insist on verification strongly, allowing withdrawals without it if the amount does not attract internal control. The mechanism of this process is unknown to us, but statistics shows that the platform does not require verification for requests for small amounts. Thus, if your income is low you can postpone verification for a while. However, it one shall keep in mind that verification request my arise any time, and the time of its appearance is unpredictable. Therefore, before making a deposit it is recommended to become familiar with our instructions and provide real data during registration.

Payment options

Withdrawal to bank card

If you plan to withdraw funds to your bank card, you may need to go through a card verification process. Don’t worry, you won’t need to provide a CVV code and some numbers can be hidden. Instructions on the Quotex card verification process can be found in a special section by clicking on the corresponding link.

Qiwi and Yandex.Money

The Qiwi payment system represents a convenient option, but its presence on the platform may be a temporary phenomenon. We do not know the reasons for this; it may be due to legislation prohibiting Russian operators to deal with transactions in favor of foreign companies. You should pay attention to the presence of Qiwi in the list of payment methods.

As for Yandex.Money (Yandex.Money), this payment system was not seen among the available deposit and withdrawal options.

Summary

The process of withdrawing funds from the Quotex platform is quite simple. However, it is worth remembering that you can only withdraw small amounts or use cryptocurrency without verification. Probably, if you use cryptocurrency exclusively, you won’t need verification at all. It is also worth considering that when withdrawing large sums bank cards may receive several payments which is a normal practice.