Quotex vs Videforex

Quotex vs Videforex Comparison Table 2023
Quotex Videforex
4.4
3.6

Videforex is #3 in our binary options broker rankings.

United States Flag Traders from US not accepted
United States Flag 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
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
Commodities
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
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