Quotex vs Switch Markets

Quotex vs Switch Markets Comparison Table 2023
Quotex Switch Markets
4.4

Quotex is #2 in our binary options broker rankings.

Not Yet Rated
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

Quotex offers a proprietary web platform that has digital options and trading signals.

Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies.

Pros
  • Demo account
  • Bonuses & promos
  • Low minimum deposit
Cons
  • No regulatory oversight
  • No MT4 integration
  • No copy trading
Bonus
30% Deposit Bonus 100% Deposit Bonus
Instruments
Digital Options, Stocks, Forex, Commodities, Cryptos Stocks, CFD, Forex, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10 $50
Payment Methods
Minimum Trade
$1 $1
Regulator
ASIC
Margin Trading
No Yes
MetaTrader 4
No Yes
MetaTrader 5
No No
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 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 Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
No Yes - Equinix
Copy Trading
No Yes
Copy Trading Platform
Switch Markets offers copy trading services with low fees via the MetaTrader 4 terminal.
Social Trading
No Yes
Trade Signals
Yes MT4
VPS Hosting
No Yes
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
  • CAD
  • AUD
  • NZD
  • CHF
  • SGD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Switch Markets offers CFDs on stocks, indices and commodities.
Leverage
1:500
FTSE Spread
1.2
GBPUSD Spread<
0.5
Oil Spread
2.0
Stocks Spread
Variable
Forex Trading
Use digital options to take straightforward buy and sell positions on a range of currencies. Switch Markets offer 60+ currency pairs, including majors, minors and exotics.
GBPUSD Spread
N/A 0.5
EURUSD Spread
N/A 0.1
EURGBP Spread
N/A 0.6
Assets
20+ 60+
Cryptocurrency
Trade a handful of the top cryptos at Quotex with up/down binaries. Switch Markets offers four cryptocurrencies with competitive fees.
Spread
N/A Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BTC
  • 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
More Comparisons
Quotex
vs
Switch Markets
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