Deposit cost calculator
Offshore platforms quote in dollars and have no rupee account, so a payment processor converts your money and keeps a spread. Enter the amount and today's rate to see the real cost by route.
| Route | Typical spread | You pay (est.) | Spread in ₹ |
|---|
Default rate: ₹95.82 per US$ on 23 Sep 2026 (mid-market). Spreads are the typical ranges we observe across Indian processors serving offshore platforms; results are rounded to the nearest ₹5. The rate shown on your own payment screen is the only one that binds you.
How it is calculated
Cost = amount in US$ × mid-market USD/INR rate × (1 + processor spread), rounded to the nearest ₹5. The mid-market rate is the one you see on any currency site, with no margin added. The spread is where the processor earns its money; it is not charged by the platform, which is why it never appears in the platform's fee schedule.
Take the rate from a currency site on the day you deposit. The full method, with sources, is on the Quotex deposit page and in our methodology.
Why USDT usually comes out cheapest
USDT on the TRC-20 network skips the card or UPI processor, so the spread is closer to 3% plus a small network fee. The trade-off is practical: you need an exchange account, and a transfer to the wrong address is not recoverable.
Frequently asked
Why does a $10 deposit cost more than $10 × the exchange rate?
Because the platform has no rupee account. A third-party processor converts your rupees to dollars and keeps a spread, typically 3% on USDT and 11–14% on UPI, IMPS, wallets and cards.
Which rate should I enter?
The mid-market rate for the day — the one shown on currency sites and search engines, with no margin. The calculator adds the processor spread for you.
Is the result exact?
No. It is an estimate from observed spread ranges. Spreads vary by processor and change without notice; the amount shown on your own payment screen is the one that counts.
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