Quotex in Mexico: How to Deposit Money with Bank Cards and Other Methods
Mexicans can now trade binary options using the Quotex broker. In this article, discover how to deposit money on Quotex in Mexico with bank cards and other payment methods.
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Saqib Iqbal
- 5 min read
Quotex binary options broker allows Mexicans to trade multiple classes of assets. These classes include minerals such as silver and gold, currency pairs such as EUR/USD and CAD/JPY, cryptocurrencies such as Ethereum and Bitcoin, and indexes.
This is achieved through various trading platforms provided by the broker. Quotex offers Mexicans various deposit options, including the use of bank cards. These methods are discussed below.
What Payment Methods Are Available with Quotex in Mexico?
Quotex in Mexico offers various payment methods, including bank cards, cryptocurrencies, and e-payments.
BANK CARD DEPOSITS
Bank card deposits on Quotex Mexico can be done through Visa MasterCard and Mastercard with no fees. This deposit method is available to all Mexicans.
Overview of Bank Card Deposit Requirements
Before depositing to your Quotex account in Mexico, you must have completed your profile and provided identity documents. Quotex requires all Mexican bank cardholders to have their card details while depositing. These details include the card PIN.
A Step-by-Step Guide to Making a Bank Card Deposit
If you follow these steps, depositing on Quotex in Mexico through bank cards is simple.
Access Quotex through your preferred platform. Here we will show screenshots from the web platform.
- Click on the green “Deposit” button at the top right corner of the page.
- On the open tab, choose a deposit method. The bank card option is on the left side.
- Input the amount you wish to deposit on the allocated space. For bank cards, the minimum deposit amount is $50
- Deposit bonuses are offered but on an optional basis. They go up to 40 percent. If desired, select a bonus of your choice.
- Complete your deposit by clicking on the blue “Deposit” button at the bottom left of the open tab.
- Confirm your payment. You will receive a confirmation for a successful deposit.
How Much Can I Deposit with Bank Cards?
Bank card deposits have a minimum deposit amount of $50. The maximum amount varies depending on the bank card. Visa Mastercard has a maximum of $10,000, while the Mastercard has a maximum of $1,080
Fees and Limitations Associated with Bank Card Deposits
There are no fees charged by Quotex in Mexico for bank card deposits. The charges that Mexicans might incur are from the institutions that facilitate these transactions, but not from Quotex.
OTHER PAYMENT METHODS AVAILABLE WITH QUOTEX IN MEXICO
Mexicans are offered the capability of using various deposit methods depending on their preferences, including wire transfers, e-wallets (PayPal, Neteller), cryptocurrencies (Bitcoin), and prepaid cards (Visa).
This is highly advantageous as it widens the scope of the deposit option, allowing for flexibility and preference.
Wire Transfer Payments
Wire transfer payments, offered as a deposit option by Quotex in Mexico, allow users to transfer funds directly from their bank account to Quotex’s designated bank account.
The duration of a bank transfer can range from three to forty-five days, depending on the specific bank utilized by the client and the corresponding bank involved.
E-Wallets (PayPal, Neteller, etc.)
E-wallets allow users to store, send, and receive funds electronically. Users can fund their e-wallets using various methods such as bank transfers, cryptocurrency deposits, and other e-currencies.
Quotex allows Mexicans to use these e-wallets to deposit funds into their accounts. One e-wallet that’s accepted by Quotex in Mexico is Perfect Money.
Cryptocurrencies (Bitcoin, etc.)
Cryptocurrencies are digital or virtual currencies that use cryptography for security and operate on decentralized networks called blockchains. They are designed to be secure, transparent, and resistant to fraud and counterfeiting.
Quotex in Mexico allows for using this digital currency as a deposit option. The broker accepts several cryptocurrencies, including Bitcoin and Binance Pay.
Prepaid Cards (Visa, etc.)
Prepaid cards, or stored-value cards, are payment cards loaded with a specific amount of money in advance. Mexicans can use such cards to deposit money into their Quotex accounts.
“+” SYMBOLS PAYMENTS
Users in Mexico can also enjoy secure transactions via pay-by-phone options.
Pay-by-Phone Options
Pay-by-phone options refer to various methods and technologies that enable traders to make payments using their smartphones or mobile devices. These options leverage mobile applications, near-field communication (NFC), and other wireless technologies to facilitate secure and convenient transactions.
Some popular pay-by-phone options that Quotex offers in Mexico are mobile wallets such as Perfect Money.
SECURITY CONSIDERATIONS WHEN MAKING A PAYMENT WITH QUOTEX IN MEXICO
Mexicans should consider the following for security reasons when making payments with Quotex in Mexico:
- Review the privacy policy: Review Quotex’s privacy policy to understand how your personal and payment information is handled. Confirm that they have measures to protect your data and do not sell or share it with third parties without your consent. Quotex’s privacy policy can be found on the company website in a PDF format.
- Check transaction details: Review the transaction details carefully before confirming payment on Quotex in Mexico. Ensure the correct amount is being charged, and verify the recipient’s information.
- Monitor account activity: Regularly monitor your bank and credit card statements for unauthorized transactions.
BOTTOM LINE
Quotex in Mexico offers numerous deposit options. This offers a lot of convenience to traders. Depositing through bank cards is straightforward, with few limitations and requirements. Still, traders should always stay vigilant while making these payments.
