Quotex vs FxPro

Quotex vs FxPro Comparison Table 2023
Quotex Review 2023 FxPro Review 2023
4.4
4.4
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.

FxPro is an award-winning forex, CFD and spread betting broker with over 2 million clients worldwide. The broker is regulated in 4 jurisdictions and offers 24/5 customer support, earning it a high trust and safety score. FxPro has also picked up more than 100 industry accolades for its competitive trading conditions, including fast execution and deep liquidity.

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." "FxPro is best for traders looking for wide market access with thousands of instruments and reliable trading platforms, including MT4, MT5 & cTrader."
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
  • No dealing desk (NDD) intervention with fast execution speeds under 13ms
  • Thousands of CFDs across 6 asset classes with a particularly impressive range of indices and precious metals
  • 4 superior trading platforms including MT4, MT5, cTrader and the broker's powerful proprietary solution
  • Comprehensive analysis and trading tools including signals powered by Trading Central and VPS hosting
  • Interactive learning center for beginners with tests, courses, video tutorials and webinars
Cons
  • No copy trading
  • Leverage not offered
  • Unregulated brokerage
  • Only one account type
  • Limited payment methods
  • Relatively high fees on some assets
  • Inactivity fee applied to dormant accounts
Awards
  • BEST BROKER 2021 (UK), Ultimate Fintech Awards
  • BEST FX PROVIDER 2021, Online Personal Wealth Awards
  • BEST TRADING PLATFORM 2020, Investors Chronicle & Financial Times
Instruments
Digital Options, Stocks, Forex, Commodities, Cryptos CFDs, Forex, Stocks, Indices, Commodities, Futures
Demo Account
Yes Yes
Minimum Deposit
$10 $100
Trading Platforms
  • Own
  • MT4
  • MT5
  • cTrader
  • AutoChartist
  • TradingCentral
  • DupliTrade
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
FCA, CySEC, FSCA, SCB, FSC
Margin Trading
No Yes
Margin Rate
0.5%
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No Yes
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS, Android and Windows
Auto Trading
No Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No Yes
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
  • EUR
  • GBP
  • AUD
  • JPY
  • ZAR
  • CHF
  • PLN
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered FxPro offers thousands of CFDs on forex, commodities, indices, shares and futures with 24/5 multilingual support. Traders also benefit from low latency datacentre co-location.
Leverage
1:30 (Retail), 1:500 (Pro), 1:1000 (Via Prime Ash Capital Limited)
FTSE Spread
1.58 Pts (Ave)
GBPUSD Spread
2.39 Pips (Ave)
Oil Spread
0.07 (WTI Ave)
Stocks Spread
Variable
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+ currency pairs with ultra-fast execution speeds and tight spreads from 0.46 pips on EUR/USD. The range of forex assets outranks many rivals.
Forex App

FxPro offers forex trading on 70+ pairs via its mobile app. A range of technical indicators and order types are available and hedging is supported. Download the app for free from the iOS and Android app stores.

GBPUSD Spread
N/A 2.39 pips (Ave)
EURUSD Spread
N/A 1.58 pips (Ave)
EURGBP Spread
N/A 1.74 pips (Ave)
Assets
20+ 70+
Currency Indices
  • USD
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. Non-UK FxPro traders can access CFDs on 28 popular cryptocurrencies, including Bitcoin and Ethereum as well as smaller tokens like Tron. Crypto assets are all traded in pairs with USD and, as derivative products, are not directly traded or owned.
Spread
N/A Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BAT
  • BCH
  • BTC
  • DOG
  • DOT
  • DSH
  • EOS
  • ETC
  • ETH
  • IOT
  • LNK
  • LTC
  • NEO
  • XLM
  • XMR
  • XRP
  • ZEC
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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