Summary
Neither Quotex nor World Forex accepts traders from United States. See the brokers that accept you →
Not available in United States 
| Quotex | World Forex | |
|---|---|---|
| Overview | ||
| Summary | Founded in 2019, Quotex is a broker offering over 100 assets like forex, stocks, indices, commodities, and cryptocurrencies. The platform focuses on ease of use, with short-term contracts from 5 seconds to 4 hours and payouts up to 98%. Quotex remains a leading firm with short-term binary options on over 400 assets and payouts up to 98%. The company offers a web platform with a user-friendly design, various charting styles, many indicators, and daily trading signals. Forex trading: Trade binary options on over 40 currency pairs, including major, minor, and exotic ones. While the selection is smaller than some competitors, payouts can exceed 80% on the EUR/USD. Crypto trading: Quotex offers binary options trading on a limited selection of major cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. It excels in crypto payouts, achieving up to 94% on Bitcoin during peak sessions. The platform is also user-friendly for beginner crypto binary traders. | World Forex, an offshore broker in St Vincent and the Grenadines, offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts provide beginners an easy way to trade on major financial markets. World Forex provides binary options where you choose the stake, price direction, and contract duration. Payouts can reach up to 100% on American contracts and 85% on European contracts, which also allow a partial refund if contracts are closed early. CFD trading: World Forex offers leveraged CFDs on over 100 instruments, including stocks, commodities, and forex. For account balances up to $1000, leverage can reach 1:1000, with reduced leverage for larger account balances. Forex trading: World Forex provides digital contract trading on over 50 forex pairs, like EUR/USD and GBP/EUR. It is one of the few binary firms offering daily technical analysis on popular currency pairs and trade calculators for European and American options to help plan setups and potential returns/losses. Crypto trading: Traders can access CFDs on crypto assets via World Forex's W-CRYPTO accounts, offering leveraged crypto trading with zero spreads. You can trade 10 cryptos paired with USD and EUR, and crypto-crypto pairs are available. |
| Instruments | Binary Options on Stocks, Indices, Forex, Commodities, Cryptos | Digital Contracts, Forex, CFD Stocks, Metals, Energies, Cryptos |
| Demo account | Yes | Yes |
| Minimum deposit | $10 | $1 |
| Minimum trade | $1 | $1 (Binaries), 0.01 Lots (Forex/CFDs) |
| Max payout | 98% | 100% (American), 85% (European) |
| Expiry times | 5 seconds - 4 hours | 1 minute - 7 days |
| Ladder options | No | No |
| Boundary options | No | No |
| Platforms & tools | ||
| Mobile apps | Android, iOS via progressive web app | iOS & Android via mobile web trader |
| Mobile trading | Quotex offers a full-featured trading app with tools like dynamic charts and signals. Its user-friendly design matches the web platform for easy use on computers, tablets, and mobile devices. Light and dark modes add flexibility. | The WorldForex Trader Lite app provides limited mobile trading functions. It takes over 30 minutes to access the app due to a complicated account setup. The mobile interface is outdated and includes basic charts and order windows. It also operates slowly and may lag when switching features or placing trades. Overall, it is behind top competitors. |
| MetaTrader 4 | No | Yes |
| MetaTrader 5 | No | Yes |
| cTrader | No | No |
| TradingView | No | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Auto trading | No | Yes |
| Copy trading | Yes | Yes |
| Social trading | No | No |
| AI / machine learning | No | No |
| Robo advisor | No | No |
| Trade signals | Daily Trading Signals | – |
| VPS hosting | No | Yes |
| Account & payments | ||
| Payment methods | Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Mastercard, Visa | Bitcoin Payments, Credit Card, Debit Card, Mastercard, Visa, Volet, Wire Transfer |
| Account currencies | USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH | USD, EUR, RUB |
| STP account | No | Yes |
| ECN account | No | Yes |
| DMA account | No | No |
| MAM account | No | No |
| PAMM account | No | No |
| LAMM account | No | No |
| Demat account | No | No |
| Islamic account | No | Yes |
| Negative balance protection | No | No |
| Market maker | Yes | No |
| Margin trading | No | Yes |
| Tournaments | Yes | Yes |
| Demo competitions | No | Yes |
| Ethical investing | No | No |
| Markets | ||
| 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 | Nasdaq, S&P 500 |
| Commodities | Gold, Oil, Silver | Gold, Silver, Platinum, Palladium, Oil |
| Spot trading | No | Yes |
| P2P trading | No | No |
| CFD trading | No | Yes |
| CFD leverage | – | 1:1000 |
| CFD FTSE spread | – | NA |
| CFD GBPUSD spread | – | NA |
| CFD oil spread | – | NA |
| CFD stocks spread | – | From 0.03 |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | – | From 0.6 |
| Forex EURUSD spread | – | From 0.6 |
| Forex EURGBP spread | – | From 0.6 |
| Forex assets | 40+ | 53 |
| Crypto trading | Yes | Yes |
| Crypto spread | – | 0 |
| Crypto coins | BTC, ETH, LTC | BCH, BTC, DSH, EOS, ETH, LTC, NEO, XMR, XRP, ZEC |
| Crypto lending | No | No |
| Crypto mining | No | No |
| Crypto staking | No | No |
| Crypto auto market maker | No | No |
| Visit | Read review | Read review |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is Quotex or World Forex better?
Overall we have rated Quotex (87%) higher than World Forex (40%), but there are additional factors to take into consideration. For example, does Quotex accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use our comparison table to see if Quotex or World Forex is best for you.
