Home
/
Broker reviews
/
Binary options broker reviews
/

Quotex withdrawal time explained for indian traders

Prelims

By

Oliver Bennett

16 Feb 2026, 12:00 am

15 minutes (approx.)

Graphic showing various digital payment options used for withdrawals on Quotex
popular

When it comes to online trading, especially on platforms like Quotex, knowing how fast you can access your money is a big deal. Traders in India often ask, "How long does Quotex take to process withdrawals?" This question isn't just about curiosity; it's about planning and managing funds effectively.

This guide breaks down everything you need to know about Quotex withdrawal times. From the usual processing periods and payment methods to what can slow things down and how you can avoid common pitfalls, we've got it covered. Whether you're new to Quotex or a regular user wanting smoother transactions, this article is crafted to clear the fog around the withdrawal process.

Understanding these details helps you avoid unnecessary waiting and frustration. Plus, it equips you to handle any issues if withdrawals get stuck at some point. So, if you’re trading on Quotex and want your earnings to reach your wallet without hassle, keep reading.

Quick access to your trading profits can make a big difference in seizing new opportunities or covering urgent needs. Knowing the ins and outs of Quotex’s withdrawal times keeps you a step ahead.

Overview of Quotex Withdrawal Process

Understanding the withdrawal process on Quotex is important for anyone trading on this platform. It’s not just about getting your money out—it’s about knowing how and when you can access your funds smoothly. If you're new or even experienced, knowing the steps helps avoid unnecessary delays or issues, especially if you’re trading from India where banking and payment systems can vary widely.

The withdrawal process involves a few clear steps that ensure security and compliance while giving you control over your money. Knowing what to expect means you can plan better, whether it’s preparing the right documents or choosing the best payment method for you. This section lays out the key points of the withdrawal process, so you feel confident moving your funds when you need to.

Step-by-Step Withdrawal Procedure

Initiating a withdrawal request

The withdrawal starts when you place a request on the Quotex platform. This step is pretty straightforward—log in to your account, navigate to the withdrawal section, and enter the amount you wish to withdraw. You’ll also need to select your preferred payment method here. It’s essential to double-check the amount and payment details because mistakes can cause delays. For example, if you select your bank transfer but enter the wrong account number, your funds could be held up, waiting for correction.

Verification requirements

Before your withdrawal can be processed, Quotex verifies that you are the rightful account owner. This protects everyone's money from fraud or misuse. You’ll generally need to upload ID documents, like a passport or driver's license, plus proof of address such as a utility bill. If you trade big volumes, they might also do extra checks in line with anti-money laundering regulations. Keep in mind, having these documents ready before you request a withdrawal speeds things up.

Processing confirmation

Once your withdrawal request and all verification steps complete, you receive a processing confirmation from Quotex. This means your request is queued for payment. It’s a green light that your funds are being released, but it might still take some time depending on your selected payment method and banking hours. For example, payments via e-wallets like Skrill often clear faster than bank transfers, which could take a few days.

Supported Withdrawal Methods

Bank transfers

Bank transfers are one of the most common withdrawal methods on Quotex, especially for traders in India who prefer direct transactions to their bank accounts. This method is secure and familiar but usually slower, taking between 2-5 business days to reflect in your account. It’s important to verify the bank details and ensure your bank supports incoming international transfers, as Quotex payments often come from overseas.

E-wallets and online payment systems

Using e-wallets such as Skrill, Neteller, or Paytm (popular in India) offers faster withdrawal options. These systems typically process transactions within 24 hours, sometimes even instantly. They add convenience, especially if you use them regularly for trading deposits or payments. Just remember, sometimes fees are involved, so check their terms before picking this route.

Cryptocurrency options

Quotex also supports cryptocurrency withdrawals, typically Bitcoin or Ethereum. This method appeals to traders who prefer decentralised, fast blockchain transactions. Crypto withdrawals usually complete within a few hours if the network isn’t congested. However, crypto prices can fluctuate sharply, so while you might enjoy speedy transfers, it’s wise to pay attention to rates and wallet security.

Withdrawal methods on Quotex give you flexibility, but the key is choosing the one that fits your timeline and security comfort. Having this knowledge upfront can save a lot of headaches when you just want your funds on time!

Understanding these basics provides a strong foundation for smooth cashing out with Quotex. Coming up next, we'll dive into typical withdrawal times and how they stack up against other platforms, so you know exactly what to expect.

Typical Withdrawal Times on Quotex

Knowing the usual time it takes for withdrawals on Quotex can save you from headaches down the line. For traders working with tight budgets or specific financial plans, time is money, no joke. Understanding what to expect helps you plan your trades and finances more reliably, avoiding unnecessary stress.

Withdrawal times hinge on various factors like the payment method, verification status, and sometimes just plain old banking delays. For instance, if you're hoping to fund a bill or reinvest profits, fast withdrawal means less waiting and more doing.

Illustration depicting factors influencing withdrawal timing and tips for smooth transactions
popular

Average Processing Timeframes for Withdrawals

Different timelines based on payment methods
The withdrawal time varies significantly depending on whether you're using bank transfers, e-wallets, or cryptocurrencies. Typically, e-wallets such as Skrill or Neteller can process withdrawals within 24 to 48 hours, making them a quick option. On the flip side, bank transfers might take anywhere from 3 to 7 business days because of intermediary banks and additional checks. Cryptocurrency withdrawals, for example in Bitcoin or Ethereum, are often faster—sometimes within hours—because they bypass traditional banking systems completely.

Let's say you withdraw ₹10,000 through Paytm; expect this to appear in your wallet within a day. But if you choose a direct bank transfer to a SBI account, it might take up to a week, depending on the bank's processing speed. Knowing this can help traders pick the best method based on urgency.

Normal delays during weekends and holidays
There's nothing annoying as a pending withdrawal stuck over the weekend or a public holiday. Banks and many payment systems don’t operate during these times, causing automatic delays. So, a withdrawal request made on Friday might only begin processing on Monday, extending the waiting period.

For example, if you initiate a withdrawal on the evening of a Friday before a three-day holiday weekend in India, the funds might not reflect in your account before Tuesday or Wednesday. Planning withdrawals ahead of known holidays or weekends can sidestep such delays.

How Withdrawal Times Compare to Other Platforms

Quotex versus other online trading platforms
When lined up against other platforms like IQ Option or Olymp Trade, Quotex generally holds its own in withdrawal speed. Some platforms promise instant withdrawals but often have higher fees, while Quotex offers a balanced approach with reasonable speed and lower costs.

To put things in perspective: Olymp Trade’s bank transfers might take up to 5 business days, whereas Quotex can sometimes process requests slightly faster, especially if you opt for e-wallets. However, the difference isn’t huge enough to sway all users but can count when timing is tight.

Advantages and disadvantages
One plus for Quotex is the variety of withdrawal methods available, catering to different user preferences and urgency requirements. You get choices from bank payments to crypto-based withdrawals, offering flexibility.

On the downside, Quotex’s withdrawal times depend heavily on your chosen method and your account verification status. Without complete verification, the process may stall, leading to frustration. Additionally, unlike some competitors who offer 24/7 customer service with real-time withdrawal help, Quotex customer support can sometimes be slow to respond, prolonging wait times if issues arise.

Quick takeaway: Always get your account verification done early and pick withdrawal methods wisely considering your time needs.

By understanding these typical withdrawal times and comparing them to other platforms, you can better navigate your trading cashouts with realistic expectations and smarter choices.

Factors Influencing Withdrawal Duration

Understanding what affects withdrawal times on Quotex can save a trader a lot of headaches. The duration it takes for funds to land in your account isn't just about how fast the platform works—it hinges on a few critical factors behind the scenes. Knowing these helps traders set realistic expectations and plan accordingly.

One major player here is the whole verification and compliance process. Quotex, like any responsible broker, puts your security and regulatory compliance at the forefront. That makes sense because when large amounts of money change hands, precautions are necessary to prevent fraud or misuse.

Another big factor is the payment method chosen and how quickly banks or payment providers can process the funds. Even if Quotex does its part quickly, your bank's internal process can add extra time. To get the most out of withdrawals, traders need to keep these aspects in mind.

Verification and Compliance Checks

Identity verification process

Before the money can be sent your way, Quotex needs to confirm you've got a legitimate account. This involves submitting documents like your government-issued ID and proof of address. Think of it as the broker double-checking your credentials to avoid impersonation or fraudulent activity.

This step can impact withdrawal time significantly. For example, if you submit unclear scan copies or mismatched information, it leads to delays or outright rejections. To keep things smooth, have your documents ready in advance and follow the platform’s precise instructions for upload.

Anti-money laundering (AML) procedures

Quotex also adheres to strict AML policies. These rules require monitoring withdrawals to identify suspicious activity—like unusually large sums or transactions flagged as high-risk. When an AML check triggers, the withdrawal approval might take longer as additional reviews are conducted.

For practical purposes, it’s best to avoid sudden large withdrawals that don't match your trading history if you want to dodge extra scrutiny. Regular, smaller withdrawals tend to sail through faster, as they fit expected behavior.

Keeping your account clean and ensuring all requested compliance documents are rapidly provided can drastically reduce verification-related delays.

Payment Method and Bank Processing Times

Impact of chosen withdrawal method

Quotex supports several withdrawal methods, including bank transfers, e-wallets like Skrill and Neteller, and cryptocurrencies such as Bitcoin. Each of these has its own rhythm when it comes to money arriving in your pocket.

For instance, e-wallet withdrawals typically clear faster—often within a day or two—because these systems operate digitally and bypass traditional banking delays. Conversely, a bank transfer can take several business days, depending on the banks involved.

Cryptocurrency withdrawals are usually fast, but they come with their own quirks, like network congestion and transaction fees, that might affect timing. Picking the right method based on your urgency and cost is key.

Bank processing speed factors

Even after Quotex processes your withdrawal, the ball moves to your bank. Factors like bank holidays, weekends, and the specific bank's policies matter here. For example, some Indian banks might hold funds for extra verification during high-volume periods, slowing down the final step.

Moreover, inter-bank transfer times vary. NEFT transfers can take a few hours or up to a day, while IMPS is often immediate but limited in amount. If your withdrawal goes through a slower method unknowingly, it can stretch the wait.

To minimize surprise wait times, contact your bank to understand their processing timelines or consider faster alternatives that Quotex offers.

Being aware of these factors—the checks Quotex must run and the payment channels in play—helps you navigate withdrawals without pulling your hair out. Preparation and choosing withdrawal options wisely go a long way toward getting your funds swiftly when trading on Quotex.

Common Withdrawal Challenges and How to Avoid Them

Handling withdrawals smoothly on Quotex can sometimes feel like navigating a maze, especially when unexpected challenges pop up. These challenges, if not addressed promptly, may cause frustration and delay access to your funds. Understanding the common hurdles can save you time, and more importantly, prevent avoidable financial headaches.

For example, traders in India often face hurdles like documentation glitches or account verification issues, which directly impact withdrawal speed. Getting familiar with these common roadblocks and knowing how to dodge them can make the whole withdrawal process much less stressful and more predictable.

Withdrawal Request Rejections

Reasons behind rejected requests

Withdrawal request refusals on Quotex usually boil down to a few key reasons. One common cause is mismatch in account details — if your withdrawal request doesn't match the registered banking info or e-wallet account, Quotex will throw up a red flag. Another frequent issue is failing to complete the mandatory identity verification steps before requesting a withdrawal. Without proper KYC (Know Your Customer) verification, withdrawals are typically on hold.

Sometimes, withdrawal attempts can be rejected due to suspicion of unusual trading activity or concerns about anti-money laundering (AML) compliance. Quotex’s system flags these cases to stay on the safe side, which can lead to a temporary freeze on your funds until everything checks out.

Preventive measures

The best way to steer clear of withdrawal rejection is to cross-check your account info regularly and keep it up to date. Before submitting a withdrawal request, confirm that your identity verification is fully done and all necessary documents are on file. This not only speeds up approval but also avoids those nasty surprises.

Also, keep an eye on your trading behavior to avoid red flags. If you find a request rejected, don’t panic. Reach out to Quotex support with all verification documents handy to get things sorted quickly.

Delays Due to Incomplete Documentation

Documents needed for smooth withdrawals

To keep money flowing without hiccups, Quotex requires clear proof of identity and address. Commonly accepted documents include government-issued IDs like Aadhaar card or PAN card, along with utility bills or bank statements as proof of address. In some cases, especially for large amounts, additional bank statements or tax documents might be requested.

Incomplete or blurry copies often result in delays, as the platform needs unambiguous documentation to meet regulation standards. Traders ignoring these requirements end up stuck waiting, which can be frustrating when funds are urgently needed.

Tips for timely submission

Preparing and submitting your documents before making a withdrawal can save plenty of time. Here are quick tips:

  • Use a clear scanner or a smartphone camera to capture your documents.

  • Check that all information is visible and matches your registered profile.

  • Keep your documents updated, especially proof of address, which usually needs renewal every year.

  • Submit documents during working hours to avoid delays from weekend or holiday processing.

Remember, submitting accurate and complete documents upfront is like showing your ID at the gate; it just makes everything smoother and faster.

By familiarizing yourself with these challenges and taking the right precautions, withdrawing money from Quotex can be a straightforward process without unnecessary wait times or refusals.

Tips for Faster Withdrawal on Quotex

Getting your money out quickly is what every trader wants after a successful run, and Quotex makes this easier if you know a few tricks. This section zooms in on practical steps that can shave days off your withdrawal process, focusing on why staying ahead with verification and wisely picking your withdrawal method really pays off.

Ensuring Account Verification Is Complete

Preparing documents beforehand

Before you even think about hitting that withdraw button, make sure your account verification is buttoned up. Common documents like a government-issued ID, proof of address (think utility bill or bank statement), and a selfie for identity confirmation need to be ready to go. Having these documents at your fingertips can save you days in processing time since Quotex can't process your withdrawal until they're completely satisfied with your identity verification.

Imagine this like packing your bags before a trip – if you wait until the airport to gather your stuff, you’re gonna miss your flight! When you prepare in advance, your withdrawal requests cruise through faster because the compliance checks are already out of the way.

Checking verification status

Don't just submit your documents and forget about them; keep an eye on your verification status regularly. Quotex platform provides a status indicator on your dashboard, so you can quickly see if your documents are approved, pending, or need re-submission. This handy check can save you from surprise delays.

If you spot that your verification is stuck pending for more than a couple days, reaching out to their support team can wipe out minor hiccups early. Staying proactive means you’re less likely to see your withdrawal stuck for unexplained reasons.

Choosing the Best Withdrawal Method

Comparing withdrawal options in India

For Indian traders, Quotex offers several withdrawal routes, including bank transfers, popular e-wallets such as Skrill and Neteller, and cryptocurrencies like Bitcoin. Each method comes with its own pros and cons. Bank transfers, while secure, often take longer due to Indian banking regulations and processing times, typically 3 to 5 business days.

E-wallets, on the other hand, tend to be much snappier — sometimes clearing within 24 hours — because they bypass many of the traditional banking hold-ups. Cryptocurrencies can process almost instantly if you’re familiar with crypto wallets and transfers, but beware of the volatility and technical know-how required.

By comparing these options, you can pick the one that fits your need for speed vs. comfort level with technology.

Selecting quick and reliable methods

To speed things up, consider e-wallets like Skrill or Neteller if you already use them. These platforms are trusted in India for their speed and ease. For example, many Indian traders find withdrawing through Paytm-linked wallets or UPI-based methods appealing, but Quotex's current integrations may limit these options. Always check the latest payment options available in your region.

For those comfortable with crypto, withdrawing via Bitcoin or Ethereum could turn around your funds in minutes. Just remember, the exchange rates can shift quickly, so you might want to convert to INR quickly once you've received your withdrawal.

Keeping your withdrawal method aligned with your urgency and comfort is a simple trick that saves headaches. Don't just stick to one way because it’s familiar; tweak it based on your current needs.

In short, faster withdrawals start with your preparation and smart choices. Have your verification sorted and pick the withdrawal channel that matches your speed expectations and comfort zone. This is how you can get your hands on your trading profits without unnecessary delays on Quotex.

How to Track Your Withdrawal Status

Keeping tabs on your withdrawal status is a lifesaver when dealing with online trading platforms like Quotex. If you’ve ever felt stuck wondering whether your money is on its way or still in limbo, tracking your withdrawal can clear up the mystery and give you peace of mind. It also helps you spot any hiccups early, so you don't end up chasing your funds around.

Using Quotex Platform Features

Accessing withdrawal history

One of the easiest ways to monitor your withdrawal is by diving into the withdrawal history section on Quotex. This feature shows all your past withdrawal attempts — successful, pending, or failed — with clear timestamps and status updates. Imagine you’ve requested a payout on Monday; by checking withdrawal history, you’ll see if it’s still "Processing" or already "Completed." It’s straightforward to find and acts like a receipt book, giving you a paper trail that’s useful for your records and any follow-ups.

Notifications and alerts

Quotex isn’t just about looking things up — it also keeps you in the loop with notifications and alerts. Once you initiate a withdrawal, you might get email updates or in-app alerts telling you when your request is received, approved, or if there’s a snag. For instance, if there’s a delay due to verification, you’ll get a heads-up without having to keep refreshing the page all day. These alerts save you from unnecessary worry and cut down on back-and-forth with support.

Getting Support from Customer Service

Contact options

Sometimes the system can’t give you all the answers. Quotex provides several ways to reach their customer service team — usually through live chat, email, or even phone support depending on your location. Live chat tends to be quickest for quick checks, while email is solid for more detailed queries. Having multiple contact options means you’re not stuck if one method isn’t working or is slow.

Useful tips for quick responses

When you do contact customer service, being clear and prepared helps speed things up. Always have your account details, withdrawal reference number, and any identification documents at hand. Clearly explain your issue without rambling — something like, "My withdrawal request from April 10th shows as pending, but it’s been over 48 hours. Could you help confirm the status?" This kind of concise info helps the support team quickly locate your case and give you a solid answer.

Tracking your withdrawal status isn’t just about curiosity — it’s a practical way to manage your funds smartly and avoid surprises. By using Quotex’s built-in tools and knowing how to reach support efficiently, you keep control and make sure your hard-earned money gets where it’s supposed to, on time.