RE: Does Quotex Allow Withdrawals to Third-Party Accounts, and What Are the Restrictions?
I’ve been trading on Quotex, and I’m curious about their withdrawal policy regarding third-party accounts. Some brokers only allow withdrawals to accounts in the trader’s name, while others permit third-party transfers under certain conditions.
For those who have withdrawn funds:
🔹 Can you withdraw money to a different bank account or e-wallet not registered in your name?
🔹 Does Quotex require extra verification for third-party withdrawals?
🔹 Has anyone had a withdrawal rejected due to mismatched account details?
🔹 Are there exceptions where third-party withdrawals are allowed?
🔹 What happens if a trader accidentally requests a withdrawal to someone else’s account?
If you’ve successfully or unsuccessfully tried withdrawing to a third-party account, share your experience!
No, Quotex Does Not Allow Withdrawals to Third-Party Accounts
According to Quotex’s Payment Policy, the company only allows withdrawals to accounts registered in the trader’s name. This applies to both bank transfers and electronic payment methods.
Quotex’s Restrictions on Third-Party Withdrawals
1️⃣ Withdrawals Must Be Sent to the Same Account Used for Deposits
- Quotex requires that traders use the same payment method for deposits and withdrawals.
- If a trader attempts to withdraw funds to a different account, Quotex may reject or block the request.
2️⃣ Bank Transfers Must Be to an Account in the Trader’s Name
- Bank wire withdrawals are only processed to accounts owned by the trader.
- If a trader tries to withdraw to a friend’s or family member’s account, the request will not be processed.
3️⃣ E-Wallet Withdrawals Must Be to a Registered Account
- Quotex does not allow withdrawals to third-party e-wallets like Skrill, Neteller, or Perfect Money.
- The e-wallet account must be registered in the same name as the trading account.
4️⃣ Additional Verification May Be Required for Withdrawals
- If Quotex detects mismatched details between the trading account and the withdrawal method, they may request additional documents.
- This can lead to delays or complete rejection of the withdrawal.
What Happens If a Trader Tries to Withdraw to a Third-Party Account?
- The withdrawal will be denied, and funds may be held until the trader updates their withdrawal details.
- Quotex may ask for further verification, such as a passport and bank statement, to confirm the trader’s identity.
- If repeated third-party withdrawal attempts are made, the account may be restricted or blocked.
Final Answer: Does Quotex Allow Withdrawals to Third-Party Accounts?
❌ No, Quotex does not allow withdrawals to third-party accounts.
✅ Withdrawals must be made to the same payment method used for deposits, and the account must be in the trader’s name.
⚠️ Attempting to withdraw to a third-party account can lead to delays, additional verification, or withdrawal rejection.
Have you faced withdrawal issues due to this restriction? Share your experience!
