Quotex vs BinaryCent
Quotex | BinaryCent |
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4.4
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3
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Quotex has been a top binary options broker since 2019, offering over 400 binaries across currencies, commodities, stocks, and crypto. With contracts spanning 5 seconds to 4 hours, short-term traders enjoy flexibility while payouts that exceed 95%, offer high potential returns. Continuously adapting to trader demands, Quotex provides a user-friendly platform for trading binaries. |
BinaryCent is an unregulated binary options broker that offers 24/7 trading on forex, cryptos and stocks with payouts up to 95%. Despite its lack of regulation, this broker takes client security seriously and stores client funds in European banks. The broker also offers CFDs with very high leverage up to 1:500. |
Customer Reviews | |
4.5
Based on 12 Quotex customer reviews
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Bonus Offer | |
30% Deposit Bonus | 20% - 200% deposit bonus |
Comment by Reviewer | |
"Quotex is best for making short-term trades on popular markets. The payouts up to 98% are above average and enhancements to the platform have ensured it's easy to use for beginners. That said, the lack of regulatory oversight, limited education and weak support are key drawbacks." | "Traders who want a reliable binary options broker with a streamlined platform and high payouts should try out BinaryCent." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Digital Options on Stocks, Indices, Forex, Commodities, Cryptos | CFDs, Forex, Stocks, Cryptos, Options, Commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $250 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$1 | $0.01 |
Regulator | |
VFSC | |
Margin Trading | |
No | Yes |
STP Account | |
No | No |
ECN Account | |
No | No |
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 | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS & Android | iOS, Android |
App Review | |
Quotex offers a fully-featured trading app that’s packed with helpful tools, from dynamic charting to in-built signals. It follows the same user-friendly design as the desktop platform, ensuring a smooth transition whether you’re trading from a computer, tablet or mobile device. And with over 1 million downloads and at least 4/5 on the Apple App Store and Google Play Store, it’s proven popular with all types of mobile traders. |
BinaryCent, like most binary brokers, doesn’t offer its own app – just trading through mobile browsers. In this instance, the result is an average workspace with relatively crisp graphics, one-tap trading and access to copy trading from the menu at the bottom. However, charts don’t optimize well when you turn the device horizontally and the pop-up promotions were distracting during testing, detracting from the overall user experience. |
Android App Rating | |
4.1 |
3 |
iOS App Rating | |
4.2 |
3 |
Auto Trading | |
No | Centobot for binary options |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
The copy trading tool is available for all account types, including the lowest - Bronze. You can pick a trader based on their returns and ranking. The sign-up process is quick and account activation is instant. | |
Social Trading | |
No | Yes |
Trade Signals | |
Daily Trading Signals | |
VPS Hosting | |
No | No |
Tournaments | |
Yes | Yes |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | Yes |
Inactivity Fee | |
$0 | |
Islamic Account | |
No | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
CFD trading not offered | You can take positions on a range of popular trading markets including forex, stocks, energies and metals. Leverage is high at 1:500 and live spreads can be viewed in the web-accessible platform and app. |
Leverage | |
1:500 | |
FTSE Spread | |
Floating | |
GBPUSD Spread | |
Floating | |
Oil Spread | |
Floating | |
Stocks Spread | |
Floating | |
Forex Trading | |
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 reasonable, climbing to over 80% on the EUR/USD during testing. | Trade 24 forex pairs via binary options. Such a small range of currency pairs is not that unusual among binary options brokers, and BinaryCent's high payouts up to 95% compensate for the lack of range. |
GBPUSD Spread | |
N/A | Floating |
EURUSD Spread | |
N/A | Floating |
EURGBP Spread | |
N/A | Floating |
Assets | |
20+ | 25+ |
Cryptocurrency | |
Quotex only offers binary options trading on a handful of cryptos. Yet while the range of digital currencies is narrow, there are leading tokens, including Bitcoin, Litecoin and Ethereum. Payouts on cryptocurrencies are also above average based on routine tests. | BinaryCent offers trading on a decent list of cryptocurrencies, including major tokens like Bitcoin. The broker also accepts crypto deposits and withdrawals, making it straightforward to fund, trade and manage your activities in digital currencies. |
Spread | |
N/A | N/A |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
Quotex continues its streak near the top of the industry with ultra-short-term binaries on hundreds of assets. The binary broker provides a web platform that delivers a terrific user experience with a clean design, multiple charting styles, dozens of indicators and daily signals. | BinaryCent provides binary options trading on a range of markets through a slick proprietary platform. Traders can invest as little as $0.10 per trade and earn payouts up to 95%, and these are excellent terms that accommodate casual and low-capital traders while allowing profit opportunities. |
Payout | |
98% | 95% |
Expiry Times | |
5 seconds - 4 hours | 5 seconds - 30 days |
Ladder Options | |
No | No |
Boundary Options | |
No | Yes |
More Comparisons | |
Quotex vs |
BinaryCent vs |