Quotex vs MTrading

Quotex vs MTrading Comparison Table 2024
Quotex	MTrading
Review 4.4	Review 2.8

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.	MTrading is an offshore broker that offers a simple trading experience through the MetaTrader 4 platform. There are over 100 tradeable assets with floating spreads starting at around 1.2 pips and leverage up to 1:1000. The brokerage has over a decade of experience in the online trading industry with hundreds of thousands of registered traders globally.
Customer Reviews
4.5 Based on 13 Quotex customer reviews	4.3 Based on 3 MTrading customer reviews
Bonus Offer
30% Deposit Bonus	200% deposit bonus with MPremium
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."	"MTrading is best for beginners to intermediate traders looking for access to popular financial markets and copy trading tools."
Pros
Quotex maintains its position as an excellent choice for short-term binary trading with turbo contracts from 5 seconds Account funding is straightforward thanks to the wide range of payment methods, zero fees and intuitive cashier portal The platform continues to delivers a superb trading environment with strong charting tools for technical traders The $10 starting deposit and $1 minimum stake make Quotex.io accessible to beginners Daily signals are useful for finding opportunities, especially for newer traders	Straightforward trading experience with an easy-to-use terminal Supports the popular MT4 platform as well as the multi-platform and supreme editions High leverage available of up to 1:1000, allowing confident traders to boost their positions Copy trading available with detailed ranking system 200% deposit bonus and cashback scheme Free demo account for prospective users
Cons
Quotex is unregulated, which means traders may receive limited safeguards Despite advertised payouts of up to 98%, testing shows average payouts trail best-in-class broker Pocket Option There is no copy trading, which could support new traders looking to learn from experienced investors Customer support has been weak during tests with no live chat and slow response times Quotex trails industry leaders when it comes to education and market research	Not regulated by a reputable financial body Relatively wide spreads, starting at more than 1 pip on popular assets Deposit and withdrawal fees on some payment methods will cut into profits Limited market access with only around 100 instruments - few stocks and no crypto
Awards
	Change Africa Summit Award 2019 FiNEXPO Best Broker 2019 & 2018 Best Forex Rebate Provider 2016
Instruments
Digital Options on Stocks, Indices, Forex, Commodities, Cryptos	Forex, CFDs, indices, commodities
Demo Account
Yes	Yes
Minimum Deposit
$10	$100
Trading Platforms
Web Platform Mobile App	MT4
Payment Methods
Bitcoin Payments Credit Card Debit Card Ethereum Payments Maestro Mastercard Perfect Money Visa Wire Transfer	Credit Card Mastercard Neteller Perfect Money Skrill Visa Wire Transfer
Minimum Trade
$1	0.01 Lots
Margin Trading
No	No
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	No
Mobile Apps
iOS & Android	Yes
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.
Android App Rating
4.1
iOS App Rating
4.2
Auto Trading
No	Yes (APIs)
Copy Trading
No	Yes
Copy Trading Platform
	Investors can subscribe to signals from other traders using an intelligent rating system and full account management. Learn while following and copying the positions of more experienced traders.
Social Trading
No	Yes
Trade Signals
Daily Trading Signals	Yes
VPS Hosting
No	No
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	No
Account Currencies
USD EUR GBP INR JPY MYR IDR RUB BRL NGN THB VND UAH
Stock Exchanges
Australian Securities Exchange (ASX) 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 Nasdaq S&P 500
Commodities
Gold Oil Silver	Gold Silver
CFD Trading
CFD trading not offered	MTrading provides CFDs on 10 indices and 65+ stocks with a transparent pricing structure. The broker also very high leverage up to 1:1000, magnifying both returns and losses.
Leverage
	1:25
FTSE Spread
	0.8
GBPUSD Spread
	1.7
Oil Spread
	9.0
Stocks Spread
	Variable
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.	MTrading offers a good range of 65+ forex pairs with zero commission on its M.Premium account and 25 pairs with $4-per-lot commission on the M.Pro account. However floating spreads are wide and start from 1.2 pips.
GBPUSD Spread
N/A	1.7
EURUSD Spread
N/A	1.2
EURGBP Spread
N/A	1.7
Assets
20+	60+
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.	Crypto trading not offered
Spread
N/A
Coins
BTC LTC ETH XRP
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

Review	Review
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