Quotex Pakistan: What Traders Need to Know Before Signing Up
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Quotex is an offshore fixed-time trading platform used by a large number of traders in Pakistan, mainly through mobile-money routes like JazzCash and Easypaisa. It has no licence from the Securities and Exchange Commission of Pakistan (SECP), and in April 2025 the SECP named Quotex directly in a public warning about unauthorised trading platforms. This page covers how the platform works for Pakistani users, how deposits actually happen, and where the legal status stands. No sugarcoating.
At a Glance
| Platform | Quotex (qxbroker.com) |
| Operated by | ON SPOT LLC GROUP, Saint Kitts and Nevis |
| Minimum deposit | $10 (roughly 2,780 PKR at current rates) |
| Minimum trade | $1 |
| Demo account | $10,000 virtual funds, no expiry |
| Pakistan deposit methods | JazzCash (P2P), Easypaisa (P2P), USDT (TRC-20), bank card |
| SECP licensed? | No |
| SECP public warning issued? | Yes — April 2025, Quotex named directly |
| SBP position on funding routes | Restricts outward remittance for speculative trading; P2P routes sit outside formal channels |
| Our verdict | Functional platform with a working PK deposit path, but zero regulatory protection and an active SECP warning against it |
How Quotex Works for Pakistani Traders
Quotex lets traders open fixed-time contracts on currency pairs, commodities, indices, stocks, and crypto. You pick a direction and an expiry window, and the platform shows the payout percentage before you confirm. The minimum stake is $1, and a demo account with $10,000 in virtual funds is available immediately after registration, with no time limit.
The catch for Pakistani users is funding. Quotex has no direct integration with JazzCash, Easypaisa, or Pakistani banks. Every deposit route runs through a third party: a P2P exchanger who takes your PKR and credits USD to your Quotex balance, or a crypto swap where you buy USDT with JazzCash/Easypaisa funds and send it on to Quotex yourself. Full breakdown: How to Deposit in Quotex from Pakistan.
Getting Started: A Realistic Walkthrough
- Register at qxbroker.com with an email and password. No ID upload required at this stage.
- Try the demo first. $10,000 in virtual funds, resettable, no deadline. Use it to learn the interface before risking anything.
- Fund your account via a JazzCash/Easypaisa P2P exchanger or by buying USDT and depositing it directly. See the deposit guide for the full process, fees, and what to do if a transfer stalls.
- Start small. The minimum trade is $1, and there's no reason to stake more while you're still learning how fixed-time contracts behave.
Legality: The Short Version
Quotex is not banned by name in Pakistan, but it's not licensed here either. The SECP went further than a generic disclaimer: it named Quotex in an April 2025 public notice, referred the matter to the FIA and PTA, and asked Google to restrict access. That's a materially different situation from "unregulated but tolerated." Full detail, sources, and what it means for your money: Is Quotex Legal in Pakistan?
Full Platform Review
Payment methods, fees, platform usability, pros and cons, and our overall take: Quotex Review for Pakistan
Looking for the Bangladesh-focused version of this content instead? See our main Quotex hub.
Last updated: 1 July 2026. BrokerGrove — independent reviews for Pakistani traders. Published by BrokerGrove Editorial Team (Organization). This is an unofficial website not affiliated with Quotex.
Sources used on this page: - SECP — public warning on unauthorised online trading platforms, April 2025 - Business Recorder — SECP warns public against fraudulent online trading platforms - SECP official Twitter/X notice naming Quotex/Qxbroker - State Bank of Pakistan — Foreign Exchange Manual - exchangerates.org.uk — USD/PKR spot history 2026 - qxbroker.com — official platform
Want to try the fixed-time format anyway?
Start on a free demo — no deposit, no real money. Pocket Option offers the same contract format, $5 minimum — the lowest we cover — plus a free demo account.
Try the free Pocket Option demoNo fixed-time platform reviewed here is authorized in Pakistan (SECP warnings apply) and there is no local protection if something goes wrong. Only proceed if you fully understand and accept the risk.
Frequently Asked Questions
Is Quotex available in Pakistan?
Yes, technically. Pakistani residents can register and trade. There's no local licence, no direct local payment integration, and an active SECP warning naming the platform.
What's the minimum deposit for Pakistani traders?
$10, roughly 2,780 PKR at current exchange rates. The exact PKR figure moves with the USD/PKR rate at the time you transfer.
Can I deposit with JazzCash or Easypaisa?
Not directly. Quotex has no native integration with either. You go through a P2P exchanger or convert to USDT first. Details in the deposit guide.
Has any Pakistani regulator commented on Quotex specifically?
Yes. The SECP named Quotex in an April 2025 public warning about unauthorised online trading platforms, and referred the matter to the FIA and PTA. See our legal status page for the full picture.
Is there a demo account?
Yes: $10,000 in virtual funds, available right after registration, with no time limit and no deposit required.