Quotex is one of the new binary options trading platforms that just launched in 2019. Though it’s barely 4 years old, Quotex has fast grown in popularity to become one of the best brokers in 2024. In today’s post, we look at the Quotex deposit process, Quotex minimum deposit, deposit problems, and solutions.
So, if you are new to this broker and you are not sure how to fund your account, keep reading to find out everything regarding this broker.
What is The Quotex Minimum Deposit?
Quotex Minimum deposit is the minimum amount required to start trading with real money on Quotex. Though the minimum deposit in Quotex is only $10, traders can choose to deposit more to join different Quotex statuses.
For example, if you choose to deposit $1,000 instead of $10 which is the required minimum deposit in Quotex, you will get a 2% increase in profitability for your trades.
And that’s not all, accounts funded with between $1,000 and $4,999 get access to Quotex promo codes too for increased deposit balance whenever you fund your account.
Other than funding your account with $10, or $1,000; you can also fund your account with $5,000 or more to get an even better feature in your account. One of the best features of the VIP account (activated with $5,000 deposit) is an up to a 4% increase in profitability.
Continue reading to find out more about account types in Quotex and how they can impact your trading capital.
Quotex Payment Methods
Now that we know a thing or two about Quotex and their minimum deposit, let’s take a moment to look at Quotex deposit methods.
Qyotex is one of the few brokers that has widely embraced crypto payment methods and if you just log in to the trading platform an click on deposit, you will notice that Quotex accepts payments from 20 plus crypto projects including: –
- USD Tether (TRC-20)
- USD Tether (ERC 20)
- Tron (TRX)
- Bitcoin (BTC)
- Litecoin (LTC)
- Ethereum (ETH)
- Binance Pay
- USD Tether (TRC-20/ERC 20)
- USD Tether (BEP-20)
- Binance Coin (BSC)
- USD Coin (USDC ERC-20)
- Poligon Matic
- Shiba Inu (ERC-20)
- Zcash (ZEC)
- Binance USD (BUSD BSC)
- Bitcoin Cash
You can also deposit to Quotex via bank cards. If you chose this method then you must get a bank acrd in your name as Quotex does not accept thrid party payment cards.
Meaning, that you can not use your Mother’s card to fund your account. The card that you use for payments has to be in your name.
Some of the bank cards accepted in Quotex include: –
E-payments in Quotex.
E-payment systems, also known as e-commerce payment systems are systems that facilitate the acceptance of electronic payments. One popular e-payment platform is Skrill. Another is Neteller.
Quotex however, hasn’t integrated with Skrill, Neteller, or Paypal this far. But come one, they are only a few years old in the industry and whereas they have failed to integrate Skrill, they have compensated with M-Pesa, Airtel Money, Perfect Money, and Advcash. Which are another set of popular E-payment systems.
Quotex Maximum Deposit
Whereas the minimum deposit in Quotex is only $10, a trader may want to deposit more to increase trading capital. In that case, you can deposit $5,000 maximum into your trading account per transaction.
If $5,000 is not enough, you can make multiple $5,000 deposits to fit the amount you want.
Quotex Bonus 2024
Quotex bonus is a virtual fund that can be used for trading on a live account to make real profits. As a Quotex trader, you can take advantage of the bonus anytime you make a deposit to increase your account balance.
One easy way to get a bonus in Quotex is to toggle the use bonus button during the deposit process and enter a promo code. Another way to activate a bonus in Quotex is to use a promo code unique to Quotex refers. For example, two months ago if you used our promo code – JOON, you’d get a 50% bonus on deposits above $100.
Quotex Promo Codes for 2024
- – DEPOSIT30
How to Fund Quotex And Get Bonus
The Quotex deposit process is a simple and straightforward one. Once you have registered and login to your account and click on the green deposit button at the top tight corner.
- Next, choose your preferred payment method from the list of either crypto, bank cards, or e-payments.
- Enter the amount you wish to deposit
- Toggle the use bonus button and Enter a promo code if you have one.
- If you don’t have a promo code, just choose your bonus on the screen. You can either choose to get a 20% bonus, 25% bonus, 30% bonus, or 35% bonus.
- Confirm that your deposit amount is shown on your screen and click on the Blue deposit button at the bottom to continue.
- Enter the required detail. The phone number for Mpesa, card details for bank cards or copy the crypto address to send money to.
- Complete the process.
Problems With Quotex Deposit And Solutions
The problems with Quotex deposits are just the normal problems that you would face while making payments online. Issues such as long wait times, technical difficulties, and payment decline by banks among other issues.
a). One solution is to use a different deposit method. There are a number of different options available, and each has its own benefits and drawbacks.
For example, some payment methods (Mpesa, Aitel Money, Advcash, and Perfect Money) offer more immediate deposit and withdrawal availability while others don’t. Others may be more secure or convenient for certain customers. It’s important to choose the right option for you, based on your individual needs.
b). Another solution is to contact Quotex Customer Support for Help – In case you make a deposit and your funds fail to reflect in Quotex, you should reach out Quotex customer support for help. They will get back to you with the most accurate answers for the problem you are experiencing while making a deposit in Quotex.
Ultimately, the best solution for any Quotex deposit problem is to contact your bank or e-payment platform for help. Often times they are the ones with the problem and not Quotex.
About Quotex Broker
Quotex is a binary options broker that allows customers to open trades based on fixed duration and fixed trading amount.
Funds can be deposited to Quotex via-
- Bitcoin Cash. To name but a few payment methods.
If you are interested in signing up with Quotex, be sure to read our review first to learn more about the platform and what we think of its features.
When you sign up with Quotex, you will get a demo account with $10,000 demo units which you can use to practice trading.
How to Create an Account in Quotex
Once you have created your account, you will need to provide some basic information such as your name, date of birth, and address. You can add this personal information by logging in to Quotex and clicking on your avatar on the left sidebar.
If you just want to trade for fun, then the Quotex Demo account is ideal for getting started. But, if you want to make real money trading with Quotex, then you must deposit at least $10 to get started.
You can use either of the payment methods shared above to fund your account in Quotex.
Thank you for reading our article on Quotex Minimum Deposit: Payment Methods And Conditions.
If you have any questions, go ahead and ask them in the comments below.
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