Summary: AZAforex is the better pick
Only AZAforex accepts traders from United States, so it’s the one to pick here.
AZAforex
Accepts traders from United States
- Min deposit
- $1
- Max payout
- 90%
| Quotex | AZAforex | |
|---|---|---|
| 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. | Founded in 2016, AZAforex is an offshore broker providing short-term trading in over 235 global financial markets, including binary options with payouts up to 90%. It offers three accounts—Start, Pro, and VIP—each with unique features. All accounts use the Mobius Trader 7 platform, which has been improved over time. AZAforex provides binary options trading with payouts available from 30 seconds to 1 day. Over 50 options are offered with a $1 minimum investment and payouts up to 90%. CFD trading: Trade over 200 CFDs with leverage up to 1:1000 on a basic yet user-friendly platform. Assets include stocks, forex, and cryptos with ECN execution. However, market analysis is not consistently provided for informed trading decisions. Forex trading: AZAforex provides about 30 currency pairs for trading with Chinese and American options. It stands out from other binary platforms by offering tick charts. Maximum payouts increase with trades lasting one hour or more. Crypto trading: AZAforex has reduced its crypto offerings, focusing on major tokens like Bitcoin and Ethereum. It stands out with its effective crypto funding solutions, creating a favorable environment for digital currency trading. |
| Instruments | Binary Options on Stocks, Indices, Forex, Commodities, Cryptos | CFDs, Forex, Stocks, Indices, Commodities, Crypto, Binary Options |
| Demo account | Yes | Yes |
| Minimum deposit | $10 | $1 |
| Minimum trade | $1 | 0.0001 Lots |
| Max payout | 98% | 90% |
| Expiry times | 5 seconds - 4 hours | 30 seconds - 1 day |
| Ladder options | No | No |
| Boundary options | No | No |
| Platforms & tools | ||
| Mobile apps | Android, iOS via progressive web app | iOS & Android via APK |
| 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. | AZAforex provides a mobile version of its Mobius 7 trading platform. It includes dynamic charts, trade management, and integrated news. However, users report that the iOS version performs better than the Android version. |
| MetaTrader 4 | No | No |
| MetaTrader 5 | No | No |
| 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 | – |
| Copy trading | Yes | No |
| 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, Ethereum Payments, Maestro, Mastercard, Neteller, Paybis, Perfect Money, QIWI, Skrill, Visa, Volet, Wire Transfer |
| Account currencies | USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH | USD, EUR, GBP, CAD, AUD, NZD, JPY, MYR, IDR, CHF, RUB, THB, VND, UAH, CNY |
| STP account | No | No |
| ECN account | No | Yes |
| DMA account | No | No |
| MAM account | No | No |
| PAMM account | No | Yes |
| LAMM account | No | No |
| Demat account | No | No |
| Islamic account | No | Yes |
| Negative balance protection | No | Yes |
| Market maker | Yes | No |
| Margin trading | No | Yes |
| Tournaments | Yes | No |
| Demo competitions | No | No |
| 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 | CAC 40 Index France, DAX GER 40 Index, Dow Jones, FTSE UK Index, London Stock Exchange, Nasdaq, New York Stock Exchange, Russell 2000, S&P 500 |
| Commodities | Gold, Oil, Silver | Oil, Silver, Cocoa, Coffee, Cotton, Copper, Natural Gas, Soybeans, Sugar, Wheat, Gold |
| Spot trading | No | No |
| P2P trading | No | No |
| CFD trading | No | Yes |
| CFD leverage | – | 1:1000 |
| CFD FTSE spread | – | Variable |
| CFD GBPUSD spread | – | Variable |
| CFD oil spread | – | Variable |
| CFD stocks spread | – | Variable |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | – | Variable |
| Forex EURUSD spread | – | Variable |
| Forex EURGBP spread | – | Variable |
| Forex assets | 40+ | 50+ |
| Crypto trading | Yes | Yes |
| Crypto spread | – | Variable |
| Crypto coins | BTC, ETH, LTC | BCH, BTC, DASH, ETH, LTC |
| Crypto lending | No | No |
| Crypto mining | No | No |
| Crypto staking | No | No |
| Crypto auto market maker | No | No |
| Visit | Read review | Visit |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is Quotex or AZAforex better?
Overall we have rated Quotex (87%) higher than AZAforex (44%), 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 AZAforex is best for you.
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