Quotex fees explained
Quotex markets itself as low-cost, and the platform's own charges are modest — but the real cost of trading includes payment fees, conversion, bonus conditions and, above all, trading losses. Here is the honest breakdown.
The platform's own cost
Quotex does not charge a classic per-trade commission. Instead the cost is built into the payout percentage: a correct fixed-time prediction returns less than twice your stake, and that shortfall is the house edge. It feels invisible because there is no separate fee line, but it is the most important cost of all and it compounds against you over many trades.
| Platform trading cost | Built into the payout structure rather than a separate commission: a winning trade returns less than 2x the stake, which is the house edge. |
|---|---|
| Deposit fees | Generally none from Quotex itself, but your bank, e-wallet or crypto network may charge you. |
| Withdrawal fees | May apply depending on method and amount; small withdrawals can be proportionally expensive. |
| Currency conversion | If your method is in another currency, conversion can quietly reduce both deposits and payouts. |
| Inactivity | Some platforms apply an inactivity charge to dormant accounts; check the current terms before leaving a balance idle. |
Payment and withdrawal fees
The platform generally does not advertise deposit fees, but the rails you use can. Card issuers, e-wallets and crypto networks each take their own cut, and small withdrawals can be proportionally expensive if a flat fee applies. Read the costs of your chosen method before funding, as covered in the deposit guide.
Currency conversion
If your bank or wallet operates in a different currency from your trading account, conversion can shave value off both your deposit and your payout — twice. Keeping your funding method and account currency aligned where possible avoids paying this spread repeatedly.
The real cost of bonuses
A deposit bonus is not free money. Accepting a promo code usually attaches a turnover requirement, meaning you must trade a multiple of the bonus before withdrawing. That can lock your own funds and push you to overtrade. Often the cheapest choice is to decline the bonus and keep your money flexible.
Reducing what you pay
- Pick a supported method with low provider fees and keep currencies consistent.
- Withdraw in reasonable amounts instead of many small payouts.
- Read bonus terms before opting in — or skip them.
- Practise on the demo so you are not paying to learn.
No fee tip changes the core risk: most people lose money trading fixed-time options. See the risk warning.
Frequently asked questions
Not as a separate line item. The cost is embedded in the payout: a winning fixed-time trade pays out less than double your stake, and that gap is the platform's edge. Over many trades it works against you, which is one reason most retail traders lose money.
The biggest costs are easy to overlook rather than hidden: payment-provider charges, currency conversion, withdrawal fees on small amounts, and bonus turnover conditions that lock funds. The platform's own advertised fees are low, but the total cost of trading is not.
Use a supported method with low provider fees, keep your account currency consistent to avoid conversion, withdraw in sensible amounts rather than many tiny payouts, and think hard before accepting a bonus. The surest way to avoid losses is to practise on the demo and risk only what you can afford to lose.