Quotex vs Amega

Quotex vs Amega Comparison Table 2023
Quotex Review 2023	Amega Review 2023
Review 4.4	Review 3
Traders from US not accepted See available binary options brokers	Traders from US not accepted See available CFD brokers
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.	Amega is an offshore STP broker offering CFD trading on forex, stocks, indices and commodities with very high leverage up to 1:1000 and a zero-commission pricing structure. Traders access markets through the MT5 platform and can test the broker's services through a demo account.
Bonus Offer
30% Deposit Bonus
Comment by Reviewer
"Quotex is ideal for traders looking for a good range of digital options with high payouts and trading signals."	"Amega is a good option for traders seeking commission-free CFDs with tight spreads on the MT5 platform. We also rate the fast execution speeds of 0.1s which will appeal to active day traders."
Pros
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	Flexible payment options include crypto and international banking options Competitive commission-free trading with spreads from 0.8 Full range of investments including cryptocurrencies Low minimum deposit for beginners at $20 Swap-free Islamic trading profiles available Free demo account
Cons
No copy trading Leverage not offered Unregulated brokerage Only one account type	The broker is not regulated by a trusted financial authority Only one platform is available with limited educational materials No MetaTrader 4 integration Copy trading not available Costly withdrawal fees
Instruments
Digital Options, Stocks, Forex, Commodities, Cryptos	CFDs, Forex, Shares, Indices, Commodities, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$10	$20
Trading Platforms
Own	MT5
Payment Methods
ADVcash Bitcoin Payments Credit Card Doku Wallet Ethereum Payments Maestro Mastercard Perfect Money Visa Wire Transfer	Bitcoin Payments Perfect Money Sticpay Wire Transfer
Minimum Trade
$1	0.01 Lots
Margin Trading
No	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	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
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
No	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Yes	MT5
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$5
Islamic Account
No	Yes
Account Currencies
USD EUR GBP INR MYR IDR RUB BRL THB VND UAH	USD
Stock Exchanges
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	Australian Securities Exchange DAX GER 40 Index FTSE UK Index S&P 500
Commodities
Gold Oil Silver	Cocoa Coffee Corn Gasoline Gold Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
CFD trading not offered	Trade CFDs on 100+ instruments from popular asset classes. Leverage up to 1:200 is available on precious metals, while stocks, indices and energies can access 1:20 max leverage and 1:10 for commodities. On the negative side, the depth of assets is limited vs other CFD brokers.
Leverage
	1:1000
FTSE Spread
	From 0.8 pips
GBPUSD Spread
	From 0.8 pips
Oil Spread
	From 0.8 pips
Stocks Spread
	From 0.8 pips
Forex Trading
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.	Trade 70+ major, minor and exotic forex pair CFDs with up to 1:1000 leverage, no commission fees and competitive spreads from 0.8 pips. FX trades can also be executed via the reliable and fast MetaTrader 5 software.
GBPUSD Spread
N/A	From 0.8 pips
EURUSD Spread
N/A	From 0.8 pips
EURGBP Spread
N/A	From 0.8 pips
Assets
20+	70+
Cryptocurrency
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.	Trade popular digital tokens against fiat currencies. Go long or short on Bitcoin and get 24/7 instant cashback when you trade in high volumes. However, traders looking for low-cap tokens should look at alternative brokers.
Spread
N/A	From 0.8 pips
Coins
BTC LTC ETH XRP	BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
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.	Binary options trading not offered
Payout
98%
Expiry Times
5 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

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