Quotex Demo Account India — Free Practice Trading with ₹8,30,000 Virtual Funds
The Quotex demo account is one of the most attractive features for Indian traders who want to learn quick trading without risking real money. With a virtual balance of $10,000 (approximately ₹8,30,000), unlimited resets, and full platform access, it provides a risk-free environment to test strategies.
Key Takeaway: The Quotex demo account offers $10,000 in virtual funds with unlimited resets, making it ideal for beginners. However, Binomo’s demo provides faster UPI-based withdrawals when you switch to live, making it a better long-term choice for India users.
How to Access the Quotex Demo Account
- 01
Visit the Quotex website
Go to the official Quotex platform. Look for the “Demo Account” or “Try Demo” button on the homepage.
- 02
Register with basic details
Enter your email address and create a password. No phone number or KYC documents are required for the demo account.
- 03
Verify your email
Check your inbox for a confirmation link. Click it to activate your demo account.
- 04
Access the demo dashboard
Once logged in, you’ll see a virtual balance of $10,000 (₹8,30,000) ready for trading.
- 05
Start practicing
Choose from forex, cryptocurrencies, commodities, or indices. Use the charting tools and indicators to place your first demo trade.
Lower minimums on Binomo
Start with as little as $10 (~₹500).
Demo Account Features: Virtual Balance, Reset Rules, and Time Limits
The Quotex demo account is designed to mirror the live trading environment. Here’s what you get:
| Quotex Demo Account | Binomo Demo Account | |
|---|---|---|
| Virtual Balance | $10,000 (₹8,30,000) | $10,000 (₹8,30,000) |
| Reset Option | Unlimited resets, one-click | Unlimited resets, one-click |
| Time Limit | No time limit | No time limit |
| Asset Access | Full range (forex, crypto, commodities, indices) | Full range (forex, crypto, stocks, indices) |
| Platform Access | Full platform with all tools | Full platform with all tools |
| Transition to Live | Requires minimum ₹800 deposit | Requires minimum ₹500 deposit |
Demo Account Features: Virtual Balance, Reset Rules, and Time Limits — continued
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.
Open in minutes
No paperwork — email + password is enough.
How to Reset Your Quotex Demo Account Balance
- 01
Open the demo account dashboard
Log into your Quotex account and switch to demo mode if you’re not already there.
- 02
Find the reset button
Look for a circular arrow icon or “Reset Balance” option near your virtual balance display.
- 03
Confirm the reset
Click the button. Your balance will immediately return to $10,000 (₹8,30,000).
- 04
Start fresh
All previous trade history is cleared, and you can begin new practice trades.
Pick your account level
Standard, Premium, VIP — same fees, more perks.
Transitioning from Demo to Live Trading on Quotex
- 01
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.
- 02
Complete KYC verification
Upload a government-issued ID (Aadhaar, PAN card, or passport) and proof of address. This process typically takes 24-48 hours.
- 03
Make a minimum deposit
The minimum deposit for Indian users is ₹800-₹1,000 via UPI, bank transfer, or cards.
- 04
Start trading with real money
Once your deposit is confirmed, you can place live trades using the same platform interface you practiced on.
Test the platform first
Identical to live mode — same charts, same speed.
Quotex Demo vs Binomo Demo: Which is Better for Indian Traders?
Both platforms offer excellent demo accounts, but Binomo has specific advantages for Indian users:
| Quotex Demo | Binomo Demo | |
|---|---|---|
| Virtual Funds | $10,000 | $10,000 |
| Reset Options | Unlimited | Unlimited |
| Time Limit | None | None |
| Live Minimum Deposit | ₹800 | ₹500 |
| Withdrawal Speed | 1-5 business days | 24-48 hours |
| UPI Support | Yes, but slower | Faster processing |
| India-Specific Support | English only | English + Hindi support |
Quotex Demo vs Binomo Demo: Which is Better for Indian Traders? — continued
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.
See why traders switch
Lower fees, faster cashouts, local methods.
Common Issues with Quotex Demo Account and Solutions
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.
Final Verdict: Should You Use the Quotex Demo Account?
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