Comparison - Quotext VS Pocket Option

Here is the comparative table of binary options brokers Pocket Option and Quotex:

Category

Pocket Option

Quotex

Rating

4.2 - #1 among binary options brokers

4.4 - #2 among binary options brokers

Acceptance from Belarus

Yes

Yes

Year Founded

2017

2019

Platform Overview

Broker Pocket Option offers High/Low contracts for forex, stocks, indices, commodities, and cryptocurrencies. Over 100,000 active users.

Quotex - a leading binary options broker since 2019, offering over 400 assets on currencies, commodities, stocks, and crypto. Contracts range from 5 seconds to 4 hours.

Customer Reviews

4.3, based on 4 reviews

4.3, based on 8 reviews

Deposit Bonus

50%

30%

Reviewer Comment

Pocket Option - an excellent choice for beginners due to platform simplicity. Minimum deposit $50. But lags in market offerings and regulatory certificates.

Quotex - the best choice for short-term trading. High payouts up to 98%, but lacks regulation, limited educational resources, and weak support are major drawbacks.

Advantages

Easy-to-use web interface, MetaTrader with integrated analysis, wide choice of deposit methods, quick registration.

Excellent choice for short-term binary trading, easy depositing, strong technical analysis tools, accessible minimum deposit and stake, useful daily signals.

Disadvantages

Weak regulation, limited contract length, trimmed MT4 and MT5, competitive payouts up to 92%, $1000 deposit required for extended asset list.

Quotex is unregulated, average payouts lower than leading brokers, no copy trading, weak customer support, lags in educational resources and market research.

Awards

Best Binary Broker 2023 (second place) - DayTrading.com

Best Binary Broker 2022 - DayTrading.com

Trading Instruments

Binary options, forex, commodities, stocks, indices, crypto

Digital options on stocks, indices, forex, commodities, crypto

Demo Account

Yes

Yes

Minimum Deposit

$50

$10

Trading Platforms

Web, MT4, MT5

Web platform, mobile app

Deposit Methods

Various including ADVcash, Bitcoin, Ethereum, Mastercard, Visa, and others

Bitcoin, credit and debit cards, Ethereum, Perfect Money, Visa, bank transfer

Minimum Trade

$1

$1

Regulator

MISA

None

Margin Trading

Yes

No

Mobile Apps

iOS & Android

Android

Auto Trading

Yes

No

Copy Trading

Yes

No

Trading Signals

Yes

Daily trading signals

Cryptocurrency Trading

Available over 10 cryptocurrencies including Bitcoin, Ethereum

Only a few cryptocurrencies available including Bitcoin, Litecoin, and Ethereum

Payout

Up to 92%

Up to 98%

Expiry Time

From 5 seconds to 4 hours

From 5 seconds to 4 hours

This comparative table will help traders determine which of the binary options brokers Pocket Option or Quotex better suits their requirements and preferences.

Quotex Reviews

Apr. 17, 2024
Just what I was looking for
I have always wanted to find a more comfortable and convenient trading platform, and now I think I have found it.
Apr. 4, 2024
Super cool
Quotex has surpassed all my anticipations. Although I am a novice in options trading, their demo account facilitated my rapid grasp of the fundamentals, allowing me to transition to actual trading successfully. I am extremely content with the high trade profitability of up to 95%, which is truly remarkable. The round-the-clock support and dedicated personal manager deserve special acknowledgment for their convenience and utility!
Apr. 3, 2024
A little short of perfect.
Overall, I am satisfied with working with Quotex. The platform is intuitive, a lot of useful tools and good trading conditions. The only thing I don't like is the limited selection of cryptocurrencies. If they added more options for crypto, it would be perfect. Otherwise, a great broker for beginners and experienced traders.
Mar. 29, 2024
It's a godsend
Quotex has exceeded all my expectations. I am new to options trading, but thanks to their demo account, I quickly learnt the basics and started making real money. Very happy with the profitability of trades, reaching 95% - that's impressive. Special thanks for the 24/7 support and personal manager, it's really convenient and useful!
Mar. 21, 2024
Best broker
I have been using Quotex for six months now and it has been my best choice in the world of options trading! I am impressed by the simplicity of the interface and the variety of tools. I made a minimum deposit and I already have decent results. The support team is always on the phone, they help me promptly. I recommend to everyone who wants to start safely and effectively!
Feb. 25, 2024
For those looking for reliability
I recently started working with Quotex broker and have already managed to appreciate its reliability and ease of use. I was particularly impressed by the fast withdrawal of funds - sometimes in just 5 minutes, which was a pleasant surprise for me. The registration process is simple, and the design of the platform is concise and practical, without unnecessary elements. Quotex offers high payout percentages on assets, which makes trading here especially profitable. I should add that two-factor authorization for account protection is a big plus in terms of security. All in all, Quotex is a great choice for trading and I recommend it to anyone looking for a reliable and profitable broker.
February 10, 2024
Quotex was good for me.
Quotex is just what you need for a beginner. I started a year ago, I trade for fun after work without any goals for earnings, but 4 times I withdrew 10,000, there were no problems, 3 times I deposited smaller amounts, so far in the plus. I make minimal bets, maybe that's why there is no sense of risk and nervousness. As a psychological release - excellent, as earnings - I do not know, maybe someone will suit, but you need to bet more than I bet. Good luck in trading
January 22, 2024
Functionality 5+
Quotex offers convenient functionality and reliable technical support. However, the high level of minimum deposit can be an obstacle for beginners.
January 19, 2024
Started from scratch and I haven't regretted it
Excellent platform for beginner traders. Low minimum deposit and tutorials help to understand trading. The disadvantage is the lack of cooperation with regulatory authorities.
January 15, 2024
Comfort broker
At Quotex I like the user-friendly interface, ease of use and fast withdrawals. However, I note the lack of a large selection of assets for trading.

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