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.