Degiro vs Quotex

DEGIRO vs Quotex Comparison Table 2023
DEGIRO	Quotex
Review 2.8	Review 4.4
Traders from US not accepted	Traders from US not accepted See available binary options brokers
DEGIRO is a Netherlands-headquartered broker with millions of users and authorization from leading regulators, including the BaFin and FCA. Clients can access global exchanges anytime, anywhere, and on any device. DEGIRO offers stock trading with exceptionally low fees and a huge range of markets. DEGIRO are not CFD brokers and do not offer CFDs.	Quotex is a binary options broker founded in 2019 and based offshore in St. Vincent and Grenadines. Over 400 digital options are available covering currencies, commodities, stocks and crypto. Binary contracts span 5 seconds to 4 hours with high payouts of 95%+ depending on market conditions.
Investing involves risk of loss
Bonus Offer
	30% Deposit Bonus
Comment by Reviewer
"Degiro is perfect for low-cost stock trading on US, UK and European markets with a straightforward platform and app. Casual investors will appreciate that there are no inactivity fees while long-term traders will rate the wide selection of ETFs."	"Quotex is best for making short-term bets on popular markets. The payouts up to 98% are above average and the platform is easy to use. That said, the lack of regulatory oversight, education and weak support are drawbacks."
Pros
Low minimum deposit Multiple account currencies Commission-free stock trading Access 50 exchanges in 30 countries Beginner-friendly platform and app Regulated by BaFin and FCA No inactivity fee 90+ global awards 2+ million users	Quotex is excellent for short-term binary trading with turbo contracts from 5 seconds Account funding is straightforward thanks to the wide range of payment methods and zero fees The platform delivers a superb user experience with a strong charting package The $10 starting deposit and $1 minimum stake make Quotex.io great for beginners Daily signals are useful for finding opportunities
Cons
No copy trading No demo account No MT4 integration No CFD trading Few payment methods	Quotex is unregulated, which means traders receive limited safeguards Despite advertised payouts of up to 98%, testing shows average payouts trail best-in-class broker Pocket Option There is no copy trading, which could support new traders looking to learn from experienced investors Customer support was weak during testing with no live chat and slow response times Quotex trails industry leaders when it comes to education and market research
Awards
Best Online Broker - Qualebroker 2022 (Italy) Best Broker For ETFs And Investment Funds - Qualebroker 2022 (Italy) Best Discount Broker - Broker Chooser 2022 (UK) Best Broker For Stock Trading - Broker Chooser 2022 (UK)
Instruments
Stocks, ETFs, Bonds, Futures, Options, Warrants	Digital Options on Stocks, Indices, Forex, Commodities, Cryptos
Demo Account
No	Yes
Minimum Deposit
$0	$10
Trading Platforms
Own	Web Platform Mobile App
Payment Methods
Sofort Trustly Wire Transfer	Bitcoin Payments Credit Card Debit Card Ethereum Payments Maestro Mastercard Perfect Money Visa Wire Transfer
Minimum Trade
Variable	$1
Regulator
BaFin, FCA	None
Margin Trading
Yes	No
Margin Rate
4%
STP Account
No	No
ECN Account
No	No
DMA Account
Yes	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS, Android & Windows	Android
Auto Trading
	No
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	Daily Trading Signals
VPS Hosting
No	No
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
Yes	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
No	No
Account Currencies
USD EUR GBP SEK NOK DKK CHF PLN CZK	USD EUR GBP INR JPY MYR IDR RUB BRL NGN THB VND UAH
Stock Exchanges
Australian Securities Exchange Borsa Italiana Chicago Mercantile Exchange Deutsche Boerse Euronext Hong Kong Stock Exchange London Stock Exchange Nasdaq New York Stock Exchange SIX Swiss Exchange Tokyo Commodity Exchange Toronto Stock Exchange	Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq S&P 500
Commodities
Aluminium Coffee Cannabis Copper Cotton Gasoline Gold Livestock Oil Silver	Gold Oil Silver
Forex Trading
Forex trading not offered	You can trade binaries on 20+ currency pairs including majors, minors and exotics. This is a smaller range of forex assets than leading competitors but payouts are decent, climbing to over 80% on the EUR/USD.
GBPUSD Spread
N/A	N/A
EURUSD Spread
N/A	N/A
EURGBP Spread
N/A	N/A
Assets
	20+
Cryptocurrency
Crypto trading not offered	Quotex offers binary options trading on a handful of cryptos. While the range of digital currencies is narrow, there are leading tokens, including Bitcoin, Litecoin and Ethereum. Payouts on cryptocurrencies are also above average.
Spread
	N/A
Coins
	BTC LTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Quotex offers ultra-short-term binaries on hundreds of assets with up/down contracts that expire between 5 seconds and 4 hours. The broker provides an intuitive web platform, with multiple charting styles, dozens of indicators and daily trading signals.
Payout
	98%
Expiry Times
	5 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

Review	Review
Investing involves risk of loss
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