How to open a Quotex account from India
Sign-up takes two minutes and lands you on a $10,000 demo. The three steps that matter come after it: matching your name to your bank, finishing KYC before you deposit, and choosing how money goes in.
Registration needs only an email and a password, and you start on a free $10,000 demo. Before any deposit, set your profile name exactly as your bank shows it and complete verification — that one habit prevents most withdrawal delays Indian users report.
Before you sign up
Quotex is not authorised in India: it appears on the RBI Alert List and holds no SEBI licence. Opening an account and using the demo carries no legal exposure — no money leaves India. Depositing is a different step, with a processor spread of about 12% and tax at 30% plus cess on winnings. Decide about that later; the demo costs nothing.
Step by step
- Open the sign-up page. Use a link you trust or type the address yourself — never one sent by a stranger on Telegram or WhatsApp.
- Register with email and password. Use an email you control long-term: verification and withdrawal notices go there. Confirm you are 18 or older and accept the terms.
- Start on the demo. The account opens with $10,000 in virtual funds. Every asset and chart is the same as live, so this is where to learn the order screen.
- Fix your name now. In the profile, enter your name character for character as it appears on your bank account and ID — same order, same initials.
- Verify your email and switch on two-factor authentication. A trading account is a target; a second factor costs you ten seconds per login.
- Complete verification before your first deposit. Quotex asks for documents when you first withdraw, not when you deposit. Doing it on day one moves the wait to a moment when it does not matter.
- Only then decide on a deposit. Run the deposit cost calculator first: the same $10 costs about ₹985 via USDT and about ₹1,075 via UPI.
Start with step 1: the free demo
Email and password are all it takes. You can practise for as long as you like and decide about a live account later — or never.
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KYC checklist
| What is usually asked | Why | Tip for Indian users |
|---|---|---|
| Photo ID | Confirms the account holder | Use the document whose name matches your bank account exactly. Which Indian documents are accepted is shown in your account at verification. |
| Proof of address | Sometimes requested with the ID | A recent bank statement or utility bill in the same name avoids a second round. |
| Selfie or live check | Matches the face to the ID | Good light, no glasses, the full document visible. |
| Payment method match | Withdrawals go back the way money came in | Deposit from an account in your own name — never a friend's UPI. |
Requirements change and differ by case; the list shown in your account is the one that applies. The point is timing: whatever is asked, provide it before money is involved.
Mistakes that cost Indian users money
- A name mismatch between profile and bank — the single most common cause of a withdrawal sitting in review. Details on the withdrawal page.
- Depositing by card, then expecting a UPI withdrawal. Card "withdrawals" are refunds to the card and follow the card network's timetable.
- Buying "account management" or signals from Telegram groups. Nobody legitimate asks for your password or trades your account for you. See how to spot the scams around Quotex.
- Skipping the demo. At a 92% payout you need a win rate above 52% just to break even — the break-even calculator shows why.
- Forgetting tax. Nothing is withheld; set aside 31.2% of winnings as they land.
Moving from demo to live
The switch is a toggle in the same account — you do not register again. If you decide to deposit, start at the minimum, and test a small withdrawal early along the route you deposited by. A withdrawal that clears in the first week tells you more than any review.
Open an account — frequently asked
Is opening a Quotex account free?
Yes. Registration needs an email and a password, and the account opens with a $10,000 demo. There is no charge unless you choose to deposit real money.
Do I need KYC to open a Quotex account?
Not to open it or to use the demo. Quotex asks for verification when you first withdraw. Completing it before your first deposit avoids a wait at the moment you want your money.
Which documents does Quotex accept from India?
Usually a photo ID and sometimes proof of address, plus a selfie check. The exact list of accepted documents is shown in your account at verification; use the one whose name matches your bank account exactly.
Can I open a Quotex account on my phone?
Yes, through the mobile website or the Android app. The app is a direct APK rather than a Play Store install, so read our app download guide before installing it.
What is the minimum age?
18. The platform requires you to confirm it at registration.
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A free, open-source bot for Quotex
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Risk warning. Binary options are high-risk speculative products and the majority of retail traders lose money. A payout percentage is the return on a winning trade, not an expected return. Quotex is not authorised by SEBI and appears on the RBI Alert List; Indian residents remitting funds to unauthorised platforms may be exposed under FEMA and have no local dispute resolution. Nothing on this page is investment, legal or tax advice. Consult a SEBI-registered adviser and a chartered accountant before acting. Never trade money you cannot afford to lose entirely.