Summary
Neither Binomo nor Quotex accepts traders from United States. See the brokers that accept you →
Not available in United States 
| Binomo | Quotex | |
|---|---|---|
| Overview | ||
| Summary | Binomo is a binary options broker providing trading in forex, stocks, and indices through high/low contracts on an easy-to-use online platform. It offers payouts up to 90% with dependable service. Established in 2014, it is based offshore. Binomo provides 24/7 binary options trading, even on weekends. Trade short-term price changes in popular markets like stocks and currencies. Enjoy competitive payouts up to 90%, with contracts starting at just 1 minute. Forex trading: Binomo offers a competitive range of currencies from majors like EUR/USD to exotics like EUR/MXN. With contract times of 1 minute to 1 hour, this broker suits short-term forex binary options traders. Crypto trading: Binomo provides 24/7 fixed-time trading on a limited number of major cryptocurrencies, such as Bitcoin. This is much less than platforms like Focus Option, which offers over 80 digital tokens. | 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. |
| Instruments | Fixed Time Trades | Binary Options on Stocks, Indices, Forex, Commodities, Cryptos |
| Demo account | Yes | Yes |
| Minimum deposit | $10 | $10 |
| Minimum trade | $1 | $1 |
| Max payout | 90% 99% via Dynamic Range Trading for VIPs | 98% |
| Expiry times | 1 minute - 60 minutes | 5 seconds - 4 hours |
| Ladder options | No | No |
| Boundary options | Yes | No |
| Platforms & tools | ||
| Mobile apps | iOS & Android (plus APK) | Android, iOS via progressive web app |
| Mobile trading | The Binomo app stands out with a full set of features, including a risk-free demo account and over 30 tools for technical analysis, allowing both new and experienced traders to navigate the markets confidently. It also offers a wide range of assets in different markets and the ability to use CFDs, providing many opportunities, all while having 24/7 support access. | 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. |
| 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 | Yes |
| Social trading | No | No |
| AI / machine learning | No | No |
| Robo advisor | No | No |
| Trade signals | Yes | Daily Trading Signals |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | Credit Card, Doku Wallet, Google Pay, JCB Card, JetonCash, Mastercard, Perfect Money, Skrill | Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Mastercard, Visa |
| Account currencies | USD, EUR | USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH |
| 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 |
| Islamic account | No | No |
| Negative balance protection | No | No |
| Market maker | No | Yes |
| Margin trading | No | No |
| Tournaments | Yes | Yes |
| Demo competitions | No | No |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | Dow Jones, Nasdaq, New York Stock Exchange | 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 |
| Commodities | Gold, Oil, Silver | Gold, Oil, Silver |
| Spot trading | No | No |
| P2P trading | No | No |
| CFD trading | No | No |
| Forex trading | Yes | Yes |
| Forex assets | 19 | 40+ |
| Crypto trading | Yes | Yes |
| Crypto coins | ADA, BCH, BTC, LTC | BTC, ETH, LTC |
| 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 Binomo or Quotex better?
We have rated Quotex (87%) higher than Binomo (67%), but the overall rating can't be the only determining factor. For example, does Quotex accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use the comparison table to see if Binomo or Quotex is best for you.
