How to Deposit in Quotex with UPI — India Guide
UPI (Unified Payments Interface) is India's real-time payment system used by over 350 million people. Quotex accepts UPI deposits via Google Pay, PhonePe, Paytm, and other UPI apps. This guide explains the complete process.
UPI Apps That Work for Quotex Deposits
You can deposit in Quotex using any UPI-enabled app linked to your Indian bank account:
- Google Pay (most popular, works with all banks)
- PhonePe (widely supported)
- Paytm (wallet + bank UPI)
- BHIM (NPCI's official UPI app)
- Your bank's official app (SBI Pay, HDFC Bank, ICICI iMobile, Axis Pay, etc.)
Minimum deposit: ₹500 (approximately $6–7 USD) or the platform's USD minimum ($10).
Step-by-Step: UPI Deposit in Quotex
- 01
Log in to Quotex
Open quotex.io or the Quotex app. Click "Deposit" in the top right corner of the screen.
- 02
Select UPI as payment method
In the payment methods list, look for "UPI", "India Local Payment", or "Net Banking". Select UPI and you'll see a UPI VPA (Virtual Payment Address) or QR code for payment.
- 03
Enter the deposit amount
Type the amount you want to deposit. The minimum is typically $10 USD (approximately ₹830–850). Quotex will show the INR equivalent for your reference.
- 04
Open your UPI app and scan/enter VPA
Open Google Pay, PhonePe, or your banking app. Choose 'Pay to UPI ID' or scan the QR code. Enter the Quotex UPI VPA exactly as shown. In the 'Note' or 'Remarks' field, enter your Quotex account email or user ID.
- 05
Authorize the payment
Enter your UPI PIN to authorize the payment. For small amounts under ₹2,000, some apps allow biometric (fingerprint) authentication. You'll receive an SMS and push notification confirming the transaction.
- 06
Check Quotex balance
Return to Quotex. Your balance should update within 1–15 minutes. For UPI payments, Quotex typically credits the deposit after receiving payment confirmation from the NPCI system.
FAQ — UPI Deposit in Quotex India
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Is Quotex legal in India and is it safe to deposit via UPI?
Quotex operates internationally and is not regulated by SEBI. Indian residents can access the platform, but it's not specifically licensed by Indian authorities. UPI itself is a safe, RBI-regulated payment system — the transaction technology is secure. Always trade with amounts you can afford to lose.
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How long does a UPI deposit take in Quotex?
UPI deposits in Quotex are typically credited within 1–15 minutes after payment confirmation. Some banks may show "pending" for a few minutes before the transaction completes. If not credited after 1 hour, contact Quotex support with your UPI transaction ID.
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What is the minimum UPI deposit for Quotex?
The minimum deposit via UPI in Quotex is $10 USD (approximately ₹830–860 depending on the current exchange rate). The exact INR amount is shown during the deposit process.
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My UPI payment was deducted but Quotex balance not updated — what to do?
First check your UPI app transaction history to confirm the payment status. If it shows "Success", save the UPI Transaction Reference Number (UTR). Contact Quotex live support chat and provide the UTR number and transaction screenshot. Resolution typically takes 1–4 hours.