Legal
2025-11-18
Is Quotex Legal in Pakistan? Everything You Need to Know
Risk Warning: Binary options trading involves substantial risk. Only trade with funds you can afford to lose. Quotex is not regulated by SECP or SBP in Pakistan.
Understanding the legal status of Quotex in Pakistan is crucial before you start trading.
Is Quotex Legal in Pakistan?
Quotex operates in a regulatory gray area in Pakistan. Here is what this means:
- Not Explicitly Illegal - No law prohibits citizens from trading on foreign platforms
- Not SECP Regulated - Quotex is not licensed by Securities and Exchange Commission of Pakistan
- No Local Oversight - State Bank of Pakistan does not monitor Quotex operations
Important Disclosure
Trading on Quotex from Pakistan is done at your own risk. There is no government protection for investors using foreign, unregulated platforms.
Tax Implications
Trading profits are subject to income tax in Pakistan ranging from 0% to 35% based on income brackets.
Risks of Using Quotex in Pakistan
- No Investor Protection if platform faces financial difficulties
- Disputes cannot be taken to SECP or Pakistani courts
- Withdrawal issues reported by some users
- Regulatory landscape could change in future
How to Trade Safely
- Start with minimum $10 deposit
- Use demo account extensively first
- Never invest more than you can afford to lose
- Complete KYC verification early
- Withdraw regularly and keep records for tax purposes
Ready to Start Trading on Quotex?
Open a free account today with just $10 minimum deposit. Get access to 400+ assets and start with a $10,000 demo account to practice.
* This is an affiliate link. Trading involves risk of loss.