🔥 Is Quotex Banned in Pakistan? — Legal Status & Withdrawal Guide (2026)

Many traders in Pakistan ask: "Is Quotex banned in Pakistan?" This article answers that question in detail. It explains the current legal status of Quotex in Pakistan, how withdrawals work, safety tips for Pakistani users, and what to watch out for in 2025.

Legal Status — Is Quotex banned in Pakistan?

Quotex is not banned in Pakistan. There is no government notice or SECP ruling that explicitly bans the Quotex platform. However, because Quotex operates under an offshore license, it is not regulated by the Securities and Exchange Commission of Pakistan (SECP). Because the platform is unregulated locally, traders should treat it as a high-risk offshore trading service.

⚠️ Is Quotex Legal in Pakistan?

Quotex is considered “semi-legal” or “gray area legal” in Pakistan.

✔️ What makes it legal?

• Pakistan does not have any official ban on Quotex.
• The website is accessible locally.
• No restrictions exist for forex or options trading via apps.

❌ What makes it unregulated?

• Pakistan does not regulate binary trading platforms.
• SECP has warned traders to be careful with offshore brokers.

So, while you can trade, you must trade at your own risk.

Why some users think Quotex is banned

• Risky nature of binary options: Binary and digital options are high risk and often misunderstood.
• SECP warnings: SECP has issued warnings about unlicensed brokers, which some users misinterpret as a ban.
• Withdrawal issues: Occasional delays or KYC problems can cause confusion and rumors.
• Scams and fake groups: Signal-selling scams and fake groups often blame the platform.

Withdrawal methods & how to withdraw from Quotex in Pakistan

Pakistani users typically use local payment rails or crypto. Common options include:

• Local e-wallets: JazzCash and Easypaisa (when supported by third-party services)
• Bank transfers: Direct bank transfer to a verified account
• Crypto withdrawals: USDT (TRC20), BTC, or ETH

Before depositing, always check the withdrawal guide and complete KYC to prevent delays.

Is Quotex safe to use in Pakistan?

Accessibility and platform security (SSL, account controls) mean the site itself is accessible and technically safe to use. But "safe" trading depends on your behaviour: use small deposits, verify your account early, avoid risky OTC plays, and never hand your account to third-party signal sellers.

Practical safety tips for Pakistani traders

1. Start small: deposit a minimal amount first (e.g., $10–$20).
2. Verify KYC immediately: upload CNIC, bank statement, or address proof.
3. Withdraw profits regularly — do not leave large balances on the platform.
4. Use strong passwords and enable 2FA if available.
5. Ignore unsolicited "managers" or signal groups on Telegram/WhatsApp.

Conclusion — Final verdict

Is Quotex banned in Pakistan? No — there is no ban as of December 8, 2025. However, the platform remains offshore and unregulated by SECP, so you trade at your own risk. Follow the safety tips above and consult our FAQ page for more details.