If you’re interested in trading, then you know that finding a reliable broker is crucial. Quotex is a popular broker that’s been around since 2020. It offers its users a wide range of trading instruments and competitive trading conditions. In this article, we’ll be focusing on Quotex’s withdrawal process. We’ll be examining the steps involved, the fees, and the processing time. We’ll also be looking at user feedback to see what they have to say about Quotex’s withdrawal process.
What is Quotex?
Quotex is an online trading platform that was established in 2020, and it has gained a lot of popularity since then. It is owned and operated by Awesomo LTD, a company that is registered in Saint Vincent and the Grenadines. Quotex is a user-friendly platform that offers traders access to over 100 assets, including cryptocurrencies, stocks, commodities, and indices.
How to Withdraw Funds from Quotex
One of the most important aspects of trading is withdrawing funds. After all, you want to be sure that you can easily access your profits. Quotex offers several withdrawal options to its users. Here is a step-by-step guide on how to withdraw funds from Quotex:
Step 1: Log in to Your Quotex Account
The first step in withdrawing funds from Quotex is to log in to your account. Once you have logged in, click on the “Withdrawal” tab on the dashboard.
Step 2: Choose Your Withdrawal Method
Quotex offers several withdrawal methods, including bank transfers, credit/debit cards, and e-wallets. Choose the method that suits you best.
Step 3: Enter Your Withdrawal Amount
Enter the amount of money you want to withdraw from your Quotex account.
Step 4: Confirm Your Withdrawal Request
Double-check all the details of your withdrawal request before submitting it. Once you are satisfied that everything is correct, click on the “Confirm” button.
Step 5: Wait for Your Withdrawal to be Processed
After submitting your withdrawal request, you will receive a confirmation email from Quotex. The platform will process your withdrawal request within 24 hours, and your funds should be credited to your account within 3-5 business days.
Available Withdrawal Methods
Quotex offers its users a variety of withdrawal methods. These include:
Visa/Mastercard
If you deposited funds into your Quotex account using a Visa/Mastercard, you can also withdraw funds using this method. The processing time for Visa/Mastercard withdrawals is usually 1-3 business days.
Skrill
Skrill is an e-wallet that’s widely accepted by brokers. Quotex users can withdraw funds to their Skrill account, and the processing time is usually 1-3 business days.
Neteller
Neteller is another popular e-wallet that Quotex users can use to withdraw funds. The processing time for Neteller withdrawals is usually 1-3 business days.
Bank Transfer
Quotex users can also withdraw funds using bank transfer. This method usually takes 3-5 business days to process.
Quotex Withdrawal Fees
Quotex does not charge its users any withdrawal fees. However, it’s important to note that some payment providers may charge fees for their services. For example, if you choose to withdraw funds using bank transfer, your bank may charge you a fee for the transaction.
Quotex Withdrawal Processing Time
The processing time for Quotex withdrawals varies depending on the withdrawal method. As we mentioned earlier, Visa/Mastercard withdrawals usually take 1-3 business days to process. E-wallet withdrawals (Skrill and Neteller) also take 1-3 business days to process. Bank transfers usually take the longest, with a processing time of 3-5 business days.
User Feedback on Quotex Withdrawals
To get a better understanding of Quotex’s withdrawal process, we took a look at user feedback. We scoured online forums and social media platforms to see what users had to say about their experiences with Quotex withdrawals.
Overall, users seem to be satisfied with Quotex’s withdrawal process. They find it to be fast, efficient, and hassle-free. Some users did mention that they experienced delays with bank transfers, but this is to be expected as bank transfers usually take longer to process.
Quotex Withdrawal Limits
Quotex has minimum and maximum withdrawal limits. The minimum withdrawal amount is $10, while the maximum withdrawal amount is $10,000 per transaction.
Quotex Withdrawal Problems
While Quotex strives to make the withdrawal process as smooth as possible, there are times when you may encounter problems. Some of the common problems that traders face when withdrawing funds from Quotex include:
- Withdrawal delays
- Incorrect withdrawal details
- Account verification issues
If you encounter any of these problems, contact Quotex customer support immediately for assistance.
Conclusion
Quotex is a reliable broker that offers its users a variety of withdrawal methods. The withdrawal process is straightforward and easy to follow, and there are no withdrawal fees charged by Quotex. Processing times vary depending on the withdrawal method, but users generally find the process to be fast and efficient. User feedback on Quotex withdrawals is mostly positive, with users expressing satisfaction with the overall process.
