Quotex vs InstaForex
| Quotex | InstaForex |
|---|---|
4.4
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3.7
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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. |
InstaForex is a forex and CFD broker founded in 2007. The broker offers diverse market coverage to over 7 million clients, spanning traditional assets like currencies and shares, as well as other interesting opportunities such as IPOs. Traders can also access copy trading services, PAMM accounts and investment opportunities. InstaForex is regulated by the BVI FSC. |
| Customer Reviews | |
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4.5
Based on 13 Quotex customer reviews
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| Bonus Offer | |
| 30% Deposit Bonus | Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses |
| Promotions | |
| 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." | "InstaForex maintains its position as a top forex broker, with more currency products than most rivals. The tight spreads and low minimum deposits make it accessible to all experience levels, especially those familiar with the MT4 and MT5 platforms." |
| 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, ETFs, Cryptos, Futures, Commodities |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | |
| Margin Trading | |
| No | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | Yes |
| 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 | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Mobile Apps | |
| iOS & Android | iOS and Android + browser based platform |
| 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. |
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| Android App Rating | |
4.1 |
3.6 |
| iOS App Rating | |
4.2 |
3.6 |
| Auto Trading | |
| No | Yes |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| The Copy Trading facility at Instaforex is increasingly popular, due to the clear design and growing list of specialist traders and markets. | |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Daily Trading Signals | |
| 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 | |
| $0 | |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| CFD trading not offered | You can trade CFDs across a range of diverse markets with flexible account types and leverage up to . With access to both MT4 and MT5, day traders can execute multiple short-term CFD trading strategies using the dozens of pre-integrated technical indicators and graphical objects. |
| GBPUSD Spread | |
| Av. Floating 0.6 pips | |
| Stocks Spread | |
| Commissions as low as 0.1% | |
| 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. | InstaForex's range of 100+ currency pairs is among the largest we have seen. ECN spreads are also available from 0.0 pips with zero commissions. Minimum deposits start from making the broker accessible for beginners. You can also access market-leading forex analysis and insights. |
| GBPUSD Spread | |
| N/A | Av. Floating 0.6 |
| EURUSD Spread | |
| N/A | Av. Floating 0.2 |
| EURGBP Spread | |
| N/A | Av. Floating 0.5 |
| Assets | |
| 20+ | 1000+ |
| Currency Indices | |
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| 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. | |
| Spread | |
| N/A | 0.1% |
| 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. | 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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Quotex vs |
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