Quotex vs ForexChief

Quotex vs ForexChief Comparison Table 2023
Quotex	ForexChief
Review 4.4 Quotex is #2 in our binary options broker rankings.	Review 3.3 ForexChief is #6 in our CFD broker rankings.
Traders from US accepted	Traders from US accepted
Quotex offers a proprietary web platform that has digital options and trading signals.	ForexChief is a foreign exchange and CFD broker with offshore regulation and access to both MT4 and MT5 trading platforms.
Pros
Demo account Bonuses & promos Low minimum deposit	Full range of investments Low minimum deposit MT4 integration Copy trading
Cons
No regulatory oversight No MT4 integration No copy trading	Weak regulatory oversight
Promotions
	Download The ForexChief App For A $100 No Deposit Bonus
Bonus
30% Deposit Bonus	$100 No Deposit Bonus
Instruments
Digital Options, Stocks, Forex, Commodities, Cryptos	CFDs, Forex, Metals, Commodities, Stocks, Indices
Demo Account
Yes	Yes
Minimum Deposit
$10	$10
Payment Methods
ADVcash Bitcoin Payments Credit Card Doku Wallet Ethereum Payments Maestro Mastercard Perfect Money Visa Wire Transfer	ADVcash Bitcoin Payments Credit Card Debit Card Ethereum Payments FasaPay Neteller Perfect Money Skrill UnionPay WebMoney Wire Transfer
Minimum Trade
$1	0.01 lots
Regulator
	VFSC
Margin Trading
No	Yes
Margin Rate
	0.1%
MetaTrader 4
No	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	No
eSignal
No	No
Trading Central
No	No
STP Account
No	Yes
ECN Account
No	No
DMA Account
No	No
MAM Account
No	No
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	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
No	EAs
Copy Trading
No	Yes
Copy Trading Platform
	Clients can follow copy trading signals on the MetaTrader platform. Alternatively, signal providers can generate extra income by selling their positions.
Social Trading
No	No
Trade Signals
Yes	Yes
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
Islamic Account
No	Yes
Account Currencies
USD EUR GBP INR MYR IDR RUB BRL THB VND UAH	USD EUR GBP JPY CHF
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 CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq New York Stock Exchange S&P 500
Commodities
Gold Oil Silver	Gold Natural Gas Oil Silver
CFD Trading
CFD trading not offered	ForexChief offers a competitive range of CFDs, encompassing crypto, indices, energies and metals.
Leverage
	1:1000
FTSE Spread
	70
GBPUSD Spread<
	0.9
Oil Spread
	12
Stocks Spread
	50
Forex Trading
Use digital options to take straightforward buy and sell positions on a range of currencies.	ForexChief supports spot foreign exchange trading on all account types for 40+ major, minor and exotic currency pairs on both MT4 and MT5.
GBPUSD Spread
N/A	0.9
EURUSD Spread
N/A	0.4
EURGBP Spread
N/A	0.9
Assets
20+	40
Cryptocurrency
Trade a handful of the top cryptos at Quotex with up/down binaries.	ForexChief supports crypto CFD trading with five major digital currencies paired against the US dollar.
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 online binary options on a range of markets with a welcome bonus for new traders.	Binary options trading not offered
Payout
98%
Expiry Times
5 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

Review	Review
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