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 2023
Feature Quotex OlympTrade
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4.4
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1.5
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Summary

Quotex is a binary options broker founded in 2019 and based offshore in St. Vincent and Grenadines. Over 400 digital options are available covering currencies, commodities, stocks and crypto. Binary contracts span 5 seconds to 4 hours with high payouts of 95%+ depending on market conditions.

Quotex offers ultra-short-term binaries on hundreds of assets with up/down contracts that expire between 5 seconds and 4 hours. The broker provides an intuitive web platform, with multiple charting styles, dozens of indicators and daily trading 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 decent, climbing to over 80% on the EUR/USD.

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

Olymp Trade was established in 2014 and now boasts over 25k active traders each day. With a presence in over 130 countries and support in 13 languages, the brand offers a stable platform, competitive spreads and attractive rewards for new traders. Olymp Trade also offers fixed time trades over a huge range of markets.

Olymp Trade offers fixed time trades on a huge range of markets. Established in 2014, the firm now sees more than 30 million monthly transactions with an average monthly payout of over $16 million.

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.

Bonus 30% Deposit Bonus None
Instruments Digital Options on Stocks, Indices, Forex, Commodities, Cryptos 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
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Maestro
  • Mastercard
  • Perfect Money
  • Visa
  • Wire Transfer
  • AstroPay
  • Bitcoin Payments
  • Doku Wallet
  • FasaPay
  • Flutterwave
  • M-Pesa
  • Neteller
  • Perfect Money
  • Skrill
  • WebMoney
  • Wire Transfer
  • Yandex Money
Regulator FinaCom
Mobile Apps Android iOS, Android and 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
  • 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
CFD Trading No No
Forex Trading Yes No
Forex Assets 20+
Crypto Trading Yes Yes
Crypto Spread Variable
Crypto Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • DASH
  • ETH
  • LTC
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
» Visit
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.