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

May 27, 2024
Good platform
Not long ago came on the platform, I thought another scam (but for those who do not understand the market, trading and price behavior) but no, well enough raise, those who think that it is a scam those just do not understand how to work on it). Personally, I like the platform, and I'm not going to leave it
May 14, 2024
Not a bad affiliate program
Comparatively short withdrawal time, normal support on the site, which can explain or help. License, however, there is no, they promise and still no way, but otherwise Quotex is normal, although not particularly promoted. I recommend it also for not a bad affiliate.
May 6th, 2024
I have been cooperating with the broker for 2 years
I didn't even know that QUOTEX broker is quite young. And not so long ago on the binary options market. I have been cooperating with it for almost two years. I didn't trust it very much at first. I had been screwed by one "broker" for 200$ before. I started trading with QUOTEX for small things and tried to withdraw money a couple of times. It turned out that everything was fine. That is why I have been trading on QUOTEX platform for more than a year now with deals starting from 100$.
Apr. 30, 2024
Interesting broker
The broker is good, a lot of tools for trading.... I'm satisfied. In addition, the time frame is 5 sec. many do not know how to trade on it. but learn.
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.

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