Quotex vs Vantage

Quotex vs Vantage Comparison Table 2023
Quotex	Vantage
Review 4.4	Review 4.7
Traders from US not accepted See available binary options brokers	Traders from US not accepted See available CFD brokers
Quotex is a binary options broker founded in 2019 and based offshore in St. Vincent and Grenadines. Over 400 digital options are available covering currencies, commodities, stocks and crypto. Binary contracts span 5 seconds to 4 hours with high payouts of 95%+ depending on market conditions.	Founded in 2009, Vantage offers trading on 1000+ CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.
Bonus Offer
30% Deposit Bonus	50% Welcome Deposit Bonus, earn redeemable rewards in the Vantage Rewards scheme
Promotions
	Vantage Rewards: Earn As You Trade
Comment by Reviewer
"Quotex is best for making short-term bets on popular markets. The payouts up to 98% are above average and the platform is easy to use. That said, the lack of regulatory oversight, education and weak support are drawbacks."	"Vantage is an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start trading."
Pros
Quotex is excellent for short-term binary trading with turbo contracts from 5 seconds Account funding is straightforward thanks to the wide range of payment methods and zero fees The platform delivers a superb user experience with a strong charting package The $10 starting deposit and $1 minimum stake make Quotex.io great for beginners Daily signals are useful for finding opportunities	Vantage’s strong reputation and top-tier regulation from the FCA and ASIC give this broker a very high trust score The ECN accounts are very competitive with spreads from 0.0 pips and a $1.50 commission per side There’s an excellent suite of trading software, including the award-winning platforms MT4 and MT5 The unlimited demo account provides full access to the markets and backtesting functionality Vantage caters to hands-off investors with beginner-friendly social trading via ZuluTrade & Myfxbook The low minimum deposit of $50 and zero funding fees make this broker a great choice for new traders There are no strategy restrictions with hedging and scalping permitted It’s quick and easy to open a live account – taking less than 2 minutes
Cons
Quotex is unregulated, which means traders 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 was weak during testing with no live chat and slow response times Quotex trails industry leaders when it comes to education and market research	It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection A steep $10,000 deposit is needed for the best trading conditions, including a $1.50 commission per side The average execution speeds of 100ms to 250ms are slower than alternatives based on tests Unfortunately, cryptos are only available for Australian clients
Awards
	Best Broker Australia - Ultimate Fintech Awards 2022 Best In CFD Trading 2022 - The European Global Banking & Finance Awards 2022 Best Trading App - Professional Trader Awards 2022 Best Trade Execution - Global Forex Awards 2023
Instruments
Digital Options on Stocks, Indices, Forex, Commodities, Cryptos	CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds
Demo Account
Yes	Yes
Minimum Deposit
$10	$50
Trading Platforms
Web Platform Mobile App	ProTrader MT4 MT5 TradingView DupliTrade
Payment Methods
Bitcoin Payments Credit Card Debit Card Ethereum Payments Maestro Mastercard Perfect Money Visa Wire Transfer	AstroPay BPAY Credit Card Debit Card FasaPay JCB Card Neteller Skrill Swift UnionPay Visa Wire Transfer
Minimum Trade
$1	0.01 Lots
Regulator
None	FCA, ASIC, FSCA, VFSC
Margin Trading
No	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	Yes
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	Yes
Mobile Apps
Android	iOS, Android & Windows
Auto Trading
No	AutoTrade social trading plus Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	Traders enjoy social and copy trading at Vantage with the MetaTrader packages, DupliTrade, ZuluTrade and Myfxbook. ZuluTrade is one of the best social trading communities, using a sophisticated algorithm to rank top signal providers.
Social Trading
No	Yes
Trade Signals
Daily Trading Signals	Yes
VPS Hosting
No	Yes
Tournaments
Yes	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
No	Yes
Account Currencies
USD EUR GBP INR JPY MYR IDR RUB BRL NGN THB VND UAH	USD EUR GBP CAD AUD NZD JPY HKD SGD PLN
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 Nasdaq S&P 500	Australian Securities Exchange Bombay Stock Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq National Stock Exchange Of India S&P 500
Commodities
Gold Oil Silver	Cocoa Coffee Copper Cotton Gasoline Gold Natural Gas Oil Orange Juice Palladium Platinum Silver Sugar Wheat
CFD Trading
CFD trading not offered	Traders can speculate on 1000+ financial markets with high leverage up to 1:500. You can bet on rising and falling prices in currencies, commodities, indices, shares, and more without owning the underlying asset. With the comprehensive choice of CFD trading platforms, users can also switch between desktop, web and mobile for a seamless trading experience.
Leverage
	1:500
FTSE Spread
	1.0
GBPUSD Spread
	0.5
Oil Spread
	0.01
Stocks Spread
	0.01
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 decent, climbing to over 80% on the EUR/USD.	Vantage offers 55+ currency pairs - above the industry average, so experienced traders can explore plenty of opportunities. Vantage's deep liquidity pool provides forex spreads from 0.0 pips in the ECN account, lower than many alternatives. There are also no commissions, deposit fees or hidden charges.
GBPUSD Spread
N/A	0.5
EURUSD Spread
N/A	0.0
EURGBP Spread
N/A	0.5
Assets
20+	55+
Currency Indices
	USD
Cryptocurrency
Quotex offers binary options trading on a handful of cryptos. While the range of digital currencies is narrow, there are leading tokens, including Bitcoin, Litecoin and Ethereum. Payouts on cryptocurrencies are also above average.	You can trade cryptos 24/7, including Bitcoin, with up to 1:200 leverage and zero overnight fees. Various risk management tools are also available, including price alerts and stop losses. The Vantage app also offers an excellent live news feed so you can keep track of the crypto market whilst on the go.
Spread
N/A	Floating
Coins
BTC LTC ETH XRP	ADA AVA BTC DOG EOS ETH LTC NEO SHB SOL TRX UNI XRPandmanymore
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Quotex offers ultra-short-term binaries on hundreds of assets with up/down contracts that expire between 5 seconds and 4 hours. The broker provides an intuitive web platform, with multiple charting styles, dozens of indicators and daily trading signals.	Binary options trading not offered
Payout
98%
Expiry Times
5 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

Review	Review
More Comparisons
Quotex vs	Vantage vs