Binomo vs Quotex

Compare Binomo and Quotex in this side-by-side table listing each broker’s features, platforms, instruments and much more.

Binomo vs Quotex Comparison Table 2024
Feature Binomo Quotex
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3.4
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4.4
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Summary

Binomo is a beginner-friendly binary options broker that offers trading on forex, stocks and indices via high/low binary options on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2012 and is based offshore.

Binomo offers binary options trading around the clock, including the weekends. You can speculate on the short-term price movements of popular markets, from stocks to currencies. Payouts are competitive climbing to 90% and contracts start from just 1 minute.

Forex Trading
Binomo offers a competitive suit of currencies from majors like EUR/USD to exotics like EUR/MXN. But with contracts spanning 1 minute to 1 hour, the broker is best for short-term forex binary options traders.

Crypto Trading
Binomo offers 24/7 fixed time trades on a few major cryptos, including Bitcoin. However this is significantly less than alternatives like Focus Option which offers more than 80 digital tokens.

Quotex has been a top binary options broker since 2019, offering over 400 binaries across currencies, commodities, stocks, and crypto. With contracts spanning 5 seconds to 4 hours, short-term traders enjoy flexibility while payouts that exceed 95%, offer high potential returns. Continuously adapting to trader demands, Quotex provides a user-friendly platform for trading binaries.

Quotex continues its streak near the top of the industry with ultra-short-term binaries on hundreds of assets. The binary broker provides a web platform that delivers a terrific user experience with a clean design, multiple charting styles, dozens of indicators and daily signals.

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 reasonable, climbing to over 80% on the EUR/USD during testing.

Crypto Trading
Quotex only offers binary options trading on a handful of cryptos. Yet while the range of digital currencies is narrow, there are leading tokens, including Bitcoin, Litecoin and Ethereum. Payouts on cryptocurrencies are also above average based on routine tests.

Bonus None 30% Deposit Bonus
Instruments Fixed Time Trades Digital Options on Stocks, Indices, Forex, Commodities, Cryptos
Demo Account Yes Yes
Minimum Deposit $10 $10
Minimum Trade $1 $1
Expiry Times 1 minute - 60 minutes 5 seconds - 4 hours
Ladder Binary Options No No
Boundary Binary Options Yes No
Payment Methods
  • Cashu
  • Credit Card
  • Doku Wallet
  • JCB Card
  • JetonCash
  • Mastercard
  • Perfect Money
  • Skrill
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Maestro
  • Mastercard
  • Perfect Money
  • Visa
  • Wire Transfer
Mobile Apps iOS and Android iOS & Android
Auto Trading BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes. No
Copy Trading No No
Social Trading No No
Margin Trading No No
MetaTrader 4 No No
MetaTrader 5 No No
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView No No
Autochartist No No
eSignal No No
Trading Central No No
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 No
Market Maker No No
P2P Trading No No
Spot Trading No No
Trade Signals Yes Daily Trading Signals
VPS Hosting No No
Tournaments No Yes
Demo Competitions No No
Ethical Investing No No
Islamic Account No No
Account Currencies USD, EUR USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH
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
  • S&P 500
Commodities
  • Gold
  • Oil
  • Silver
  • Gold
  • Oil
  • Silver
CFD Trading No No
Forex Trading Yes Yes
Forex Assets 19 20+
Crypto Trading Yes Yes
Crypto Coins
  • ADA
  • BCH
  • BTC
  • LTC
  • BTC
  • ETH
  • LTC
  • XRP
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
3.4
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
4.4
United States Flag
United States NOT accepted
» Visit

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 Binomo 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.