FXTM vs Quotex

FXTM vs Quotex Comparison Table 2023
FXTM Review 2023	Quotex Review 2023
Review 4	Review 4.4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available binary options brokers
FXTM is a top-rated forex and CFD broker. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ markets and three account types, they cater to all levels of trader.	Quotex is an offshore broker specializing in binary options across 400+ assets. Founded in 2019, the broker is popular for its user-friendly web platform and competitive payouts up to 98%. New traders can also claim a welcome deposit bonus.
Bonus Offer
30% up to $100 via Exinity Ltd	30% Deposit Bonus
Comment by Reviewer
"FXTM is a good pick for forex traders seeking low fees, excellent market research and access to the familiar MetaTrader 4 platform."	"Quotex is ideal for traders looking for a good range of digital options with high payouts and trading signals."
Pros
Free educational materials and market insights Customer support in 30+ languages Negative balance protection Regulated by FCA & CySEC Multiple industry awards 1000+ financial assets Transparent pricing Beginner-friendly Copy trading Forex VPS	Own brand online platform with easy-to-use interface $10 minimum deposit and no withdrawal fees Global access in different languages Unlimited trading signals 30% deposit bonus Beginner-friendly Crypto payments 98% payouts
Cons
No ETFs or bonds Selection of stocks is not extensive Mediocre spreads on commission-free accounts Limited e-wallet payment options Withdrawal fees	No copy trading Leverage not offered Unregulated brokerage Only one account type
Awards
Best Trading Experience 2021 - World Finance Awards Best Online Leveraged Trading Services 2021 - Global Business Awards Best Forex Education Partner Nigeria 2021 - World Business Outlook Best Trading Experience 2020 - World Finance Awards Best ECN Broker 2020 - DayTrading.com
Instruments
Forex, CFDs, Indices, Commodities, Stocks	Digital Options, Stocks, Forex, Commodities, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$50	$10
Trading Platforms
MT4 AutoChartist	Own
Payment Methods
Bitcoin Payments Credit Card FasaPay GlobePay Google Wallet JCB Card M-Pesa Maestro Neteller PayRedeem Perfect Money QIWI Skrill UnionPay Visa WebMoney WeChat Pay Western Union WorldPay Yandex Money	ADVcash Bitcoin Payments Credit Card Doku Wallet Ethereum Payments Maestro Mastercard Perfect Money Visa Wire Transfer
Minimum Trade
0.01 Lots	$1
Regulator
CySEC, FCA, FSCA, FSC
Margin Trading
Yes	No
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
Yes	No
PAMM Account
Yes	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
Yes	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS, Android & Windows	iOS & Android
Auto Trading
FXTM Invest plus Expert Advisors (EAs) on MetaTrader	No
Copy Trading
Yes	No
Copy Trading Platform
FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios. Learn from traders with proven strategies in forex, stocks and more.
Social Trading
Yes	No
Trade Signals
Yes	Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$5	$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP PLN CZK NGN	USD EUR GBP INR MYR IDR RUB BRL THB VND UAH
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq National Stock Exchange Of India S&P 500	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 London Stock Exchange Nasdaq S&P 500
Commodities
Gold Natural Gas Oil Precious Metals Silver	Gold Oil Silver
CFD Trading
FXTM's CFD list includes forex, stocks, commodities and indices. The global entity also offers crypto CFDs. Leverage depends on jurisdiction, with rates up to 1:30 from its CySEC-regulated branch and a massive 1:2000 from its global entities.	CFD trading not offered
Leverage
1:30 (EU), 1:2000 (Global)
FTSE Spread
1.3 pts
GBPUSD Spread
0.3 (var)
Oil Spread
9 pts (var)
Stocks Spread
0.1% Var
Forex Trading
FXTM offers 60+ forex pairs plus 6 indices which track a basket of popular currencies. The brand's ECN accounts offers impressive spreads from 0 with low commissions from $0.40 to $2 per lot and commission-free spreads start from 1.5 pips.	Over 20 forex pairs are available via digital options. Payouts are decent and climb to 82% on the EUR/USD. Go up or down on popular currencies, including all the majors.
Forex App
FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.
GBPUSD Spread
0.3 (var)	N/A
EURUSD Spread
0.1 (var)	N/A
EURGBP Spread
0.2 (var)	N/A
Assets
50+	20+
Currency Indices
USD EUR GBP JPY AUD NZD
Cryptocurrency
Crypto trading not offered	Trade a handful of the top cryptos at Quotex with up/down binaries. Popular tokens including Bitcoin, Litecoin and Ethereum are available and traders can use the web-friendly platform or mobile app.
Spread
Variable	N/A
Coins
BTC ETH LTC XRP	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 short-term binary options on a decent range of financial markets with market signals to inform trading decisions. Users can bet on rising and falling prices with up/down binaries that span 5 seconds to 4 hours.
Payout
	98%
Expiry Times
	5 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

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