Quotex vs Baxia Markets

Quotex vs Baxia Markets Comparison Table 2023
Quotex Review 2023 Baxia Markets Review 2023
4.4
3.3
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

Baxia Markets is an offshore CFD broker that offers trading on forex, commodities and indices with tight spreads on a straight-through processing model with ultra-low latency. Trade on MetaTrader 4 or MetaTrader 5 with leverage up to 1:500 and no restrictions to scalping or hedging strategies. Users also benefit from third-party copy trading services.

Bonus Offer
30% Deposit Bonus $30 Welcome Bonus
Comment by Reviewer
"Quotex is ideal for traders looking for a good range of digital options with high payouts and trading signals." "Low commissions, market-leading spreads and the chance to trade with no restrictions will attract serious forex traders to Baxia Markets."
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
  • Baxia New York and London data centres for deep liquidity and low latency
  • Copy trading services via ZuluTrade & Myfxbook
  • MetaTrader 4 and MetaTrader 5 integration
  • Full range of investments including cryptos
  • Straight-through processing model
  • Welcome bonus upon sign-up
  • Low starting deposit of $50
  • Instant and fee-free deposits
  • Demo account available
  • Hedging allowed
  • Forex VPS
  • FIX API
Cons
  • No copy trading
  • Leverage not offered
  • Unregulated brokerage
  • Only one account type
  • Offshore regulation with limited customer protection
  • Clients from the USA not accepted
  • No direct stock trading
  • Withdrawal fees apply
Instruments
Digital Options, Stocks, Forex, Commodities, Cryptos CFDs on Forex, Commodities, Cryptos & Indices
Demo Account
Yes Yes
Minimum Deposit
$10 $50
Trading Platforms
  • Own
  • MT4
  • MT5
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
SCB, FSA
Margin Trading
No Yes
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android MT4 & MT5 iOS & Android
Auto Trading
No Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
Baxia Markets has partnered with award-winning copy trading solutions; Zulutrade and Myfxbook. These are among the most well-regarded copy trading apps that connect aspiring traders to seasoned investors.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • INR
  • MYR
  • IDR
  • RUB
  • BRL
  • THB
  • VND
  • UAH
  • USD
  • EUR
  • GBP
  • AUD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade CFDs on 75+ instruments, including forex, energies, metals, and indices with variable leverage up to 1:500 on major pairs, 1:200 on minors and exotics and 1:100 on commodities and energies.
Leverage
1:500
FTSE Spread
From 1.0
GBPUSD Spread
From 0.0
Oil Spread
From 1.0
Stocks Spread
N/A
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 45+ major, minor and exotic pairs with deep liquidity and low latency. The ultra-tight spreads from 0.01 pips on raw accounts, competitive $7 or lower round-turn commissions and high leverage up to 1:500 will suit scalpers, who can trade without limits.
GBPUSD Spread
N/A From 0.0
EURUSD Spread
N/A From 0.0
EURGBP Spread
N/A From 0.0
Assets
20+ 56
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 crypto-fiat crosses with low spreads. Clients can speculate on short-term price fluctuations with powerful trading tools, low fees and reliable risk management features.
Spread
N/A Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BTC
  • BCH
  • 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
More Comparisons
Quotex
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