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Quotex
Doesn't accept traders from UK. See available binary options brokers
Not available in your countryRead Quotex review
Rating breakdown
- Regulation & trust1.52.6 lower than Exness (4.1)
- Assets & markets2.51.5 lower than Exness (4.0)
- Fees & costs4.0same as Exness (4.0)
- Platforms & tools3.50.4 lower than Exness (3.9)
- Accounts & banking3.31.1 lower than Exness (4.4)
- Education3.3same as Exness (3.3)
- Research1.52.8 lower than Exness (4.3)
- Customer support1.53.0 lower than Exness (4.5)
Exness’s score. Numbers show the difference.
Exness
Doesn't accept traders from UK. See available CFD brokers
Not available in your countryRead Exness review
Rating breakdown
- Regulation & trust4.12.6 higher than Quotex (1.5)
- Assets & markets4.01.5 higher than Quotex (2.5)
- Fees & costs4.0same as Quotex (4.0)
- Platforms & tools3.90.4 higher than Quotex (3.5)
- Accounts & banking4.41.1 higher than Quotex (3.3)
- Education3.3same as Quotex (3.3)
- Research4.32.8 higher than Quotex (1.5)
- Customer support4.53.0 higher than Quotex (1.5)
Quotex’s score. Numbers show the difference.
| Quotex | Exness | |
|---|---|---|
| Overview | Established in 2019, Quotex is a broker that offers 100+ assets, including forex, stocks, indices, commodities, and cryptocurrencies. The platform emphasizes user-friendly features, complete with short-term contracts that span 5 seconds to 4 hours alongside payouts that can reach 98%. | Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators. |
| Customer Reviews | Based on 22 customer reviews | Based on 2 customer reviews |
| Trustpilot Score | – | |
| Comment by Reviewer | “Quotex may suit active traders seeking fast, fixed-return trades with above-average payouts of up to 98%. The fast, fully digital onboarding process and low $10 minimum deposit also make it especially accessible for aspiring traders. The binary platform is regularly improved, featuring daily trading signals and a genuinely intuitive interface.” | “After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs.” |
| Pros |
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| Cons |
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| Awards | – |
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| Instruments | Binary Options on Stocks, Indices, Forex, Commodities, Cryptos | CFDs on Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $10 (varies by account and payment method) |
| Trading Platforms |
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| Payment Methods | Visa, Mastercard, JCB, Wire Transfer, Bitcoin, USDT, USDC, Netteller, Skrill, Perfect Money, Sticpay, Webmoney, BinancePay, local payment systems based on countries | |
| Minimum Trade | $1 | 0.01 Lots |
| Regulator | – | FSCA, CMA-Kenya, FSA, CBCS, BVIFSC, FSC, JSC, FCA (B2B only), CySEC (B2B only) |
| 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 | Yes | Yes |
| P2P Trading | No | No |
| Spot Trading | No | No |
| Mobile Apps | Android, iOS via progressive web app | iOS & Android |
| App Review | Quotex offers a fully-featured trading app that's packed with helpful tools, from dynamic charting to signals. It follows the same user-friendly design as the web-based desktop platform, ensuring a smooth transition whether you're trading from a computer, tablet or mobile device. The flexible design with light and dark modes is a nice touch. | Exness Trade offers the complete mobile trading experience, delivering the broker's fast execution speeds, hundreds of tradable CFDs and user-friendly, TradingView-powered charts right from your palm. Downloaded more than 10 million times, it's an excellent option for active traders looking to manage their accounts and capitalize on market opportunities on the move. |
| Android App Rating | ||
| iOS App Rating | – | |
| Auto Trading | No | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | Yes | Yes |
| Copy Trading Platform | Quotex offers binary copy trading with an integrated tab in the platform that shows recent trades from other users. The appeal is the ability to replicate experienced traders on one of the most established binary platforms. Still, there was limited data on copy traders and their strategies during our latest tests, so caution is required. | Exness supports user-friendly copy trading through a dedicated service with a huge community, as well as via MetaTrader signals, giving hands-off trader a choice of tested routes to replicate the positions of more experienced traders. |
| Social Trading | No | Yes |
| Trade Signals | Daily Trading Signals | Signals through Trading Central |
| VPS Hosting | No | Yes |
| Tournaments | Yes | No |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | 1% of daily balance (min $1/day) after 180 days of inactivity | $0 |
| Islamic Account | No | Yes |
| Account Currencies |
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| Stock Exchanges | ||
| Commodities | ||
| CFD Trading | ||
| Overview | CFD trading not offered | Exness provides CFDs on forex, stocks, indices, commodities, and cryptos with leverage for advanced day traders and featuring over 100 technical indicators in its proprietary terminal. |
| Leverage | – | 1:Unlimited (via offshore entities) |
| FTSE Spread | – | 9.8 |
| GBPUSD Spread | – | 0.6 |
| Oil Spread | – | 0.20 |
| Stocks Spread | – | 0.5 (Apple Inc.) |
| Forex Trading | ||
| Overview | You can trade binaries on 40+ currency pairs including majors, minors and exotics. This is a smaller range of forex assets than some competitors but payouts are reasonable, climbing to over 80% on the EUR/USD during testing. | Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet. |
| GBPUSD Spread | N/A | From 0.0 |
| EURUSD Spread | N/A | From 0.0 |
| EURGBP Spread | N/A | From 0.0 |
| Assets | 40+ | 100+ |
| Currency Indices | – |
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| Cryptocurrency | ||
| Overview | Quotex only offers binary options trading on a modest handful of major cryptos like Bitcoin, Ethereum and Litecoin. However, it excels for crypto payouts, which stayed high during our tests in peak sessions, reaching 94% on Bitcoin. It’s also got one of the easiest to use platforms for beginner crypto binary traders. | Exness provides a selection of popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, accessible via desktop and mobile apps. Crypto deposits are available in certain regions, and reduced Bitcoin spreads have enhanced its appeal for active traders. |
| Spread | N/A | 10.0 (BTC/USD) |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
| Binary Options | ||
| Overview | Quotex continues its streak near the top of the industry with ultra-short-term binaries on a growing selection of 400+ assets and payouts up to 98%. The firm provides a web platform that delivers a smooth user experience with a clean design, multiple charting styles, dozens of indicators and daily signals for actionable trading ideas. | Binary options trading not offered |
| Payout | 98% | – |
| Expiry Times | 5 seconds - 4 hours | – |
| Ladder Options | No | No |
| Boundary Options | No | No |
Not available in your countryRead Quotex review
Not available in your countryRead Exness review