Quotex Demo Account India — Free Practice Trading with ₹8,30,000 Virtual Funds

Getting started with the Quotex demo account is straightforward. Follow these steps to begin demo trading immediately:

1. Visit the Quotex website — Go to the official Quotex platform. Look for the “Demo Account” or “Try Demo” button on the homepage.
2. Register with basic details — Enter your email address and create a password. No phone number or KYC documents are required for the demo account.
3. Verify your email — Check your inbox for a confirmation link. Click it to activate your demo account.
4. Access the demo dashboard — Once logged in, you’ll see a virtual balance of $10,000 (₹8,30,000) ready for trading.
5. Start practicing — Choose from forex, cryptocurrencies, commodities, or indices. Use the charting tools and indicators to place your first demo trade.

The entire process takes less than 2 minutes. No deposit is needed, and you can start trading immediately after email verification. For a detailed walkthrough of the platform features, check our Quotex platform review.

The Quotex demo account is designed to mirror the live trading environment. Here’s what you get:

Key differences to note:

• Virtual balance: Both platforms offer the same $10,000 virtual funds, but Binomo’s minimum live deposit is lower (₹500 vs ₹800).
• Reset rules: Both allow unlimited resets — you can restore your virtual balance to $10,000 anytime, even if you lose it all.
• Time limits: There are no expiry dates. Your demo account remains active as long as you log in periodically.

The demo account gives you access to all asset classes available on Quotex, including major forex pairs (EUR/USD, GBP/USD), cryptocurrencies (Bitcoin, Ethereum), commodities (gold, silver), and indices. You can use advanced charting tools, technical indicators, and drawing tools just like in the live account.

Resetting your demo balance is simple and instant. Here’s how:

1. Open the demo account dashboard — Log into your Quotex account and switch to demo mode if you’re not already there.
2. Find the reset button — Look for a circular arrow icon or “Reset Balance” option near your virtual balance display.
3. Confirm the reset — Click the button. Your balance will immediately return to $10,000 (₹8,30,000).
4. Start fresh — All previous trade history is cleared, and you can begin new practice trades.

When should you reset?

• After losing most of your virtual balance
• To test a new strategy without past losses affecting your psychology
• When you want to simulate starting with a fresh account

The unlimited reset feature is particularly useful for Indian traders who want to experiment with different trading styles without any financial risk. However, remember that demo trading doesn’t replicate the emotional pressure of real money trading. For a realistic experience, consider transitioning to a live account with a small deposit.

Once you’re comfortable with the demo account, moving to live trading is straightforward:

1. Create a live account — In your Quotex dashboard, switch from demo to live mode. You’ll need to provide additional details like your full name and phone number.
2. Complete KYC verification — Upload a government-issued ID (Aadhaar, PAN card, or passport) and proof of address. This process typically takes 24-48 hours.
3. Make a minimum deposit — The minimum deposit for Indian users is ₹800-₹1,000 via UPI, bank transfer, or cards.
4. Start trading with real money — Once your deposit is confirmed, you can place live trades using the same platform interface you practiced on.

Important considerations for Indian traders:

• Quotex is not regulated by SEBI or RBI, so trading involves higher risk.
• Withdrawals may face delays due to banking restrictions. Many Indian users report smoother experiences with Binomo’s live account, which offers faster UPI withdrawals and a lower minimum deposit of ₹500.
• Start with a small amount (₹1,000-₹2,000) to test the live environment before committing larger funds.

Both platforms offer excellent demo accounts, but Binomo has specific advantages for Indian users:

Why Binomo’s demo is better for long-term success:

• Lower barrier to live trading — Binomo’s ₹500 minimum deposit means you can transition with less capital.
• Faster withdrawals — Indian users report Binomo processes UPI withdrawals within 24 hours, compared to Quotex’s 1-5 day delays.
• Better local support — Binomo offers dedicated support for Indian traders, including Hindi language assistance.

Key Takeaway: While Quotex’s demo account is excellent for practice, Binomo’s demo offers a smoother path to live trading with faster withdrawals and lower minimum deposits — making it the preferred choice for most Indian traders.

Even though the demo account is free, users sometimes face issues. Here are common problems and fixes:

Issue 1: Demo account not loading

• Solution: Clear your browser cache or try a different browser. The Quotex platform works best on Chrome or Firefox.

Issue 2: Balance not resetting

• Solution: Log out and log back in. If the issue persists, contact Quotex support via live chat.

Issue 3: Can’t switch between demo and live

• Solution: Ensure you have a live account created. If not, complete registration first.

Issue 4: Demo trades not executing

• Solution: Check your internet connection. Demo trades require stable internet just like live trades.

For persistent issues, Quotex offers 24/7 live chat support. However, many Indian users find Binomo’s support more responsive. Read our Quotex support review for detailed feedback.

The Quotex demo account is an excellent tool for beginners to learn quick trading without financial risk. With $10,000 in virtual funds, unlimited resets, and full platform access, it provides a realistic practice environment. However, for Indian traders planning to transition to live trading, Binomo’s demo account offers a more seamless experience with faster withdrawals, lower minimum deposits, and dedicated local support.

Start your trading journey today:

• Try the Quotex demo account for free practice
• When ready, consider opening a Binomo account for smoother live trading with UPI deposits and faster withdrawals

Open Binomo Account →