Quotex Bangladesh: your complete guide
Sign-up, bKash and Nagad deposits, the free demo, and the real regulatory picture — explained plainly by an independent resource, not the broker.
Trading involves a high risk of losing your capital. Only use funds you can afford to lose.
Quotex is an offshore fixed-time options platform operated by ON SPOT LLC GROUP. It accepts Bangladeshi users, supports bKash and Nagad deposits via P2P exchangers, and offers a free demo account with $10,000 virtual funds. It holds no BSEC licence and operates in a regulatory grey area. Minimum deposit is $10 (approx. 1,100 BDT).
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What Is Quotex?
Quotex (qxbroker.com) is a web and mobile trading platform focused on fixed-time options — contracts where you forecast the direction of an asset's price over a set period. It launched in 2019 and has built a significant user base across South and Southeast Asia, with Bangladesh among its largest markets.
The platform is built on the Quadcode trading system and runs on both web browsers and Android apps. An iOS app is also available in some regions. The interface loads quickly, works on low-bandwidth connections, and supports a demo account you can use without depositing any real money.
Platform facts at a glance
| Minimum deposit | $10 (approx. 1,100 BDT at current rates) |
|---|---|
| Minimum trade size | $1 |
| Demo account balance | $10,000 virtual funds (resettable, no time limit) |
| Assets available | Forex pairs, indices, commodities, stocks, crypto |
| Web platform | qxbroker.com |
| Operated by | ON SPOT LLC GROUP, St. Kitts and Nevis |
| Regulated by BSEC? | No |
Is Quotex Available in Bangladesh?
Yes. Quotex accepts registrations from Bangladesh and the platform is accessible without a VPN. Bangladeshi traders can fund accounts and request withdrawals through local mobile financial services.
That said, Quotex holds no licence from the Bangladesh Securities and Exchange Commission (BSEC) and is not overseen by Bangladesh Bank in any formal capacity. Trading on offshore unregulated platforms falls into a regulatory grey area in Bangladesh — it is not explicitly banned, but there is no local investor protection if something goes wrong. We cover this in full on our Is Quotex Safe in Bangladesh? page.
How to Get Started on Quotex
Getting an account takes a few minutes. The typical path looks like this:
Step 1 — Register. Go to qxbroker.com and create a free account with your email address. No document upload is required to start. See our full sign-up guide.
Step 2 — Try the demo account. Once logged in, you automatically get a $10,000 virtual demo account. Use it to explore the platform, test different assets, and understand how trades work — without any real money at risk. The demo balance resets on demand and has no expiry.
Step 3 — Deposit when ready. The minimum real-money deposit is $10. Bangladeshi traders typically fund accounts through bKash or Nagad via P2P exchangers, or via USDT (TRC-20). Direct bKash-to-Quotex transfers are not supported — see our deposit and withdrawal guide for the current process.
Step 4 — Trade. Select an asset, set a contract amount (minimum $1), choose a direction (up or down), and set an expiry time. If your forecast is correct at expiry, you receive a payout — the percentage displayed before you enter the trade. If your forecast is wrong, the contract amount is not returned. There are no guaranteed outcomes.
This material is for informative purposes only and does not constitute investment advice.
Try Quotex with a free demo account
Start with $10,000 in virtual funds. No deposit needed to explore the platform.
Open free demo accountTrading involves a high risk of losing your capital. Only use funds you can afford to lose.
Deposit and Withdrawal Methods for Bangladesh
Quotex does not connect directly with bKash or Nagad. Bangladeshi users deposit through P2P exchangers — platforms where you transfer BDT to an exchanger via bKash or Nagad, and the exchanger sends USD to your Quotex account. Withdrawals follow the same path in reverse.
| Method | Direction | Notes |
|---|---|---|
| bKash (via P2P exchanger) | Deposit & withdrawal | Not a direct integration; uses third-party exchanger |
| Nagad (via P2P exchanger) | Deposit & withdrawal | Same P2P process as bKash |
| USDT (TRC-20) | Deposit & withdrawal | Buy USDT on Binance P2P with bKash/Nagad, then transfer |
| Rocket (via P2P exchanger) | Deposit | Less commonly used |
Withdrawal processing from Quotex's side typically takes 1–5 business days depending on the method. Crypto and e-wallet withdrawals are usually faster. See the full payments guide for step-by-step instructions.
Quotex App for Android and iOS
The Quotex Android app is available as a direct APK download from qxbroker.com — it is not listed on the Google Play Store. For iOS, availability varies by region. The web platform at qxbroker.com works on any mobile browser and is the most reliable option if the app is unavailable in your region.
See our app download guide for instructions.
Is Quotex Safe in Bangladesh?
The short answer: Quotex processes deposits and withdrawals for Bangladeshi users, and the platform itself functions as described. However, it is an offshore, unregulated platform with no BSEC oversight and no local dispute resolution. That is a material risk, not a formality.
Read the full breakdown on our Is Quotex Safe in Bangladesh? page, which covers the regulatory status, what BSEC and Bangladesh Bank say about offshore platforms, and the practical risk factors to weigh before depositing.
Full Review
For a detailed assessment of the platform — including our methodology, a pros and cons breakdown, and how Quotex performs on deposits, withdrawals, and platform usability — see our Quotex Review Bangladesh 2026.
Frequently Asked Questions
Does Quotex accept users from Bangladesh?
Yes, Quotex accepts registrations from Bangladesh. The platform is accessible without a VPN and supports local payment methods via P2P exchangers.
What is the minimum deposit on Quotex in Bangladesh?
The minimum deposit is $10, which is approximately 1,100 BDT at current exchange rates.
Can I use bKash to deposit on Quotex?
Quotex does not support direct bKash deposits. You need to use a P2P exchanger — transfer BDT via bKash to an exchanger, who then sends USD to your Quotex account. Our bKash deposit guide walks through the steps.
Is Quotex regulated in Bangladesh?
No. Quotex is not licensed by BSEC and is not supervised by Bangladesh Bank. It is an offshore platform operating in a regulatory grey area. See Is Quotex Safe? for the full picture.
What can I do on the Quotex demo account?
The demo gives you $10,000 in virtual funds to explore the platform, test assets, and understand how fixed-time contracts work. The balance resets on demand and there is no time limit on demo use. Demo funds cannot be withdrawn.
How do I contact Quotex support?
Quotex offers live chat support through qxbroker.com and email support. Response times vary.
Last updated: . BrokerGrove — independent reviews for Bangladeshi traders. Published by BrokerGrove Editorial Team. This is an unofficial website not affiliated with Quotex.