Quotex vs OlympTrade

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

Quotex vs OlympTrade Comparison Table 2024
Feature Quotex OlympTrade
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4.4
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1.5
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Summary

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.

Olymp Trade was established in 2014 and now boasts over 89 million traders. With a presence in over 130 countries and support in 13 languages, the brand offers a stable platform and attractive rewards for new traders. Olymp Trade also offers fixed time trades (FTT) over a diverse range of markets. The brand is licensed offshore by the VFSC.

Olymp Trade offers fixed time trades (FTT) on a diverse but modest range of markets, from OTC currencies to composite indices. FTT commissions are charged between 5%-10% and you can trade with ultra-short time frames from 5 seconds. Payouts are available up to 93% for those who can afford the $2000 'Expert' status deposit.

CFD Trading
You can speculate on a small range of CFDs covering popular asset classes such as forex, indices, commodities, cryptos and ETFs. Whilst prices trail the best brokers, the CFD trading platform is a compelling solution for beginners looking for simplicity, and you can get started with just $10.

Forex Trading
Olymp Trade offers the industry average of around 30 currency pairs. Spreads came in at 1.1 pips for EUR/USD during tests, which is not the most competitive compared to leading brands like AvaTrade (0.9 pips). That said, experienced traders can access multipliers up to x500 on major pairs.

Crypto Trading
Olymp Trade offers a handful of leading cryptos like Bitcoin and Ethereum. The Basic Altcoin Index is also a great addition, offering broader exposure to the currency market for those that don't want to put all their money in one crypto.

Awards
  • Best Mobile Trading Platform - World Finance Awards 2021
  • Best Investment Broker - The Forex Awards 2021
  • Best FX Trading Platform - Forex Expo 2020
Bonus 30% Deposit Bonus None
Instruments Digital Options on Stocks, Indices, Forex, Commodities, Cryptos Forex, CFD, Stocks, Indices, Commodities, Crypto, ETFs, OTC, Fixed Time Trades
Demo Account Yes Yes
Minimum Deposit $10 $10
Minimum Trade $1 $1
Expiry Times 5 seconds - 4 hours 5 seconds - 23 hours
Ladder Binary Options No No
Boundary Binary Options No No
Payment Methods
  • Airtel
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Maestro
  • Mastercard
  • Perfect Money
  • Visa
  • Wire Transfer
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Mastercard
  • Neteller
  • Perfect Money
  • Skrill
  • UnionPay
  • Visa
  • Wire Transfer
Regulator VFSC
Mobile Apps iOS & Android Android & Windows
Auto Trading 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 Daily Trading Signals
VPS Hosting No No
Tournaments Yes No
Demo Competitions No No
Ethical Investing No No
Islamic Account No Yes
Account Currencies USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH USD
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
  • S&P 500
  • CAC 40 Index France
  • DAX GER 40 Index
  • FTSE UK Index
  • Hang Seng
  • Japan Exchange Group
  • Nasdaq
  • Russell 2000
  • S&P 500
Commodities
  • Gold
  • Oil
  • Silver
  • Oil
  • Silver
  • Gold
  • Platinum
  • Precious Metals
  • Natural Gas
CFD Trading No Yes
Forex Trading Yes Yes
Forex EURUSD Spread 1.1
Forex Assets 20+ 30+
Crypto Trading Yes Yes
Crypto Spread Variable
Crypto Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • ADA
  • AVX
  • BCH
  • BNB
  • BTC
  • DASH
  • DASH
  • DOGE
  • DOT
  • EOS
  • ETH
  • GLM
  • KSM
  • LNK
  • LTC
  • MAT
  • SOL
  • UNI
  • XLM
  • XRP
  • XTZ
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
4.4
United States Flag
United States NOT accepted
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rating empty
rating full
1.5
United States Flag
United States NOT accepted
» Visit

FAQ

Is Quotex or OlympTrade better?

Overall we have rated Quotex (87%) higher than OlympTrade (30%), 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 easy comparison table to see if Quotex or OlympTrade is best for you.