Quotex vs Videforex

Quotex vs Videforex Comparison Table 2023
Quotex	Videforex
Review 4.4	Review 3.6 Videforex is #3 in our binary options broker rankings.
Traders from US not accepted See available binary options brokers	Traders from US accepted
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.	Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.
Bonus Offer
30% Deposit Bonus	20% to 200% Deposit Bonus
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."	"Newer traders will find a lot to enjoy about trading binary options on Videforex's easy-to-use proprietary platform, as well as the broker's copy trading solution. Payouts are also higher than most alternatives climbing to 98%."
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	You can enter positions with just ¢0.01 You can trade every day and through the weekends Mirror the trades of experienced investors with low fees Withdrawals are usually processed within one hour Earn up to 98% payouts on 100+ assets with the broker’s binary options The firm facilitates day trading and binary options for global customers Videforex regularly runs trading contests, offering great practice and cash prizes The support time are fast and reliable. Very few brokers offer 24/7 multi-lingual video support Videforex offers transfers via a wide range of payment types, from credit cards to cryptocurrencies
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	No MetaTrader 4 integration The broker isn’t overseen by a trusted regulatory agency US clients aren’t accepted due to legal restrictions
Instruments
Digital Options on Stocks, Indices, Forex, Commodities, Cryptos	Binary Options, CFDs, Forex, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$10	$250
Trading Platforms
Web Platform Mobile App	TradingView
Payment Methods
Bitcoin Payments Credit Card Debit Card Ethereum Payments Maestro Mastercard Perfect Money Visa Wire Transfer	Bitcoin Payments Credit Card Ethereum Payments Mastercard Neteller Perfect Money Skrill Visa
Minimum Trade
$1	$0.01
Regulator
None
Margin Trading
No	Yes
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	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
Android	Android
Auto Trading
No	Yes
Copy Trading
No	Yes
Copy Trading Platform
	Videforex offers an integrated copy trading service where users can automatically or manually replicate the positions of other traders. Simply choose a trader and asset class and specify the investment amount.
Social Trading
No	Yes
Trade Signals
Daily Trading Signals	Yes
VPS Hosting
No	No
Tournaments
Yes	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$0	$10
Islamic Account
No	No
Account Currencies
USD EUR GBP INR JPY MYR IDR RUB BRL NGN THB VND UAH	USD EUR GBP AUD RUB
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	Dow Jones FTSE UK Index Hong Kong Stock Exchange IBEX 35 Nasdaq S&P 500 SIX Swiss Exchange
Commodities
Gold Oil Silver	Copper Gold Oil
CFD Trading
CFD trading not offered	Videforex CFDs are available on forex, indices, cryptocurrencies and commodities with up to 1:500 leverage and tight spreads from near zero. CFDs incur a commission fee of 1%–2.5% and up to 5% for leveraged trades.
Leverage
	1:500
FTSE Spread
	Floating from 0.2
GBPUSD Spread
	Floating from 0.1
Oil Spread
	Floating from 0.05
Stocks Spread
	NA
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.	Trade 35 major, minor and exotic forex pairs through CFDs with floating spreads from 0.1 pips. Alternatively, binary options allow you to speculate on rising and falling prices with a fixed stake and payout.
GBPUSD Spread
N/A	Floating from 0.1 pips
EURUSD Spread
N/A	Floating from 0.1 pips
EURGBP Spread
N/A	Floating from 0.1 pips
Assets
20+	35
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.	Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs. The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available.
Spread
N/A	Floating
Coins
BTC LTC ETH XRP	BTC ETH QUANT UNI SOL BNB DOGE XRP XMR MATIC USDT
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.	Videforex binary options are available from 20% payouts on crypto up to 98% payouts on less volatile assets, beating many competitors. A wide range of contract lengths are also supported from 5 seconds up to 1 month. New users will appreciate the welcome deposit bonus.
Payout
98%	98%
Expiry Times
5 seconds - 4 hours	5 seconds - 1 month
Ladder Options
No	No
Boundary Options
No	No

Review	Review
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