IQ Option vs Quotex

IQ Option vs Quotex Comparison Table 2025
IQ Option	Quotex
Review 4	Review 4.4
Traders from US not accepted See available binary options brokers	Traders from US not accepted See available binary options brokers
IQ Option is a trusted broker with multi-asset trading on its user-friendly proprietary platform. The broker provides trading on forex, stocks, cryptos, indices, commodities and ETFs with competitive fees and a good suite of extra features and educational content. You can also open an account with just $10.	Established in 2019, Quotex is a binary broker that offers 400+ assets, including forex, stocks, indices, commodities, and cryptocurrencies. The platform emphasizes user-friendly features, complete with short-term contracts that span 5 seconds to 4 hours alongside payouts that can reach 95%.
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Customer Reviews
5 Based on 1 IQ Option customer reviews	4.4 Based on 19 Quotex customer reviews
Bonus Offer
	30% Deposit Bonus
Comment by Reviewer
"IQ Option is a good broker for beginners with a slick platform and low minimum investment. New users can also open an account in three easy steps."	"Quotex is ideal for binary traders looking to make short-term trades on global markets with above-average payouts of up to 95% and a platform that’s regularly improved, features daily trading signals, and proved intuitive for new users during testing. "
Pros
User-friendly platform for beginners Excellent range of payment methods Reliable 24/7 multilingual support Access to IQ Option community High payouts on binary options iOS & Android compatible app	Quotex lets you start trading with just $10, making it accessible for beginners and those wanting to test the platform with minimal risk. Withdrawals also start from $10, allowing easy access to funds. The web-based platform and app are intuitive based on our hands-on tests, with a clean design and simple order execution. They include multiple indicators and built-in trading signals, making them practical solutions for both beginners and more experienced traders. A free demo account with $10,000 in virtual funds lets new traders practice strategies and test the platform without risking real money. It's an excellent tool for beginners to gain experience.
Cons
€10 inactivity fee after 90 days No MetaTrader 4 integration	Quotex is an offshore broker operating in a jurisdiction known for loose regulatory oversight. Unlike regulated brokers, it does not offer the same level of investor protection, dispute resolution, or fund security, making it riskier. Customer service is only available via email and social media, which can lead to slow response times in our experience. Competitors like Videforex provide 24/7 live chat and phone support, ensuring you get help quickly during technical or withdrawal problems. Quotex offers few market analysis tools and lacks real-time financial news, economic calendars, or in-depth research reports. Educational resources, such as courses, webinars, and expert insights, are also absent, making it less ideal for beginners.
Awards
Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net Best Binary Broker 2021 - DayTrading.com
Instruments
CFD, Forex, Crypto, Stocks, Digital Options	Binary Options on Stocks, Indices, Forex, Commodities, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$10	$10
Trading Platforms
Own	Web Platform
Payment Methods
Volet Alipay Boleto Credit Card GlobePay Maestro MoneyGram Perfect Money QIWI Skrill Sofort Vietcombank Transfer Wire Transfer Yandex Money	Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Visa
Minimum Trade
0.001 Lots	$1
Margin Trading
Yes	No
Margin Rate
0.2%
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
Yes	No
Market Maker
Yes	Yes
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS, Android and Windows	iOS & Android
App Review
IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have also synchronised the look and feel of both the web trader and mobile platform, making switching between the two, seamless.	Quotex offers a fully-featured trading app that’s packed with helpful tools, from dynamic charting to in-built signals. It follows the same user-friendly design as the web-based desktop platform, ensuring a smooth transition whether you’re trading from a computer, tablet or mobile device. The flexible design with light and dark modes is a nice touch.
Android App Rating
4.2	3.9
iOS App Rating
4.3	4.2
Auto Trading
	No
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	Daily Trading Signals
VPS Hosting
No	No
Tournaments
Yes	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP ZAR	USD EUR GBP INR JPY MYR IDR RUB BRL NGN THB VND UAH
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq S&P 500	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	Gold Oil Silver
CFD Trading
IQ Option deals primarily in CFDs, which are available on stocks, forex, cryptocurrencies and several other markets. The leverage available is in line with EU restrictions, to a maximum of 1:30 on major forex pairs but with less available on more volatile assets. Trades are commission-free with floating spreads and clients can use the award-winning platform.	CFD trading not offered
Leverage
1:500
GBPUSD Spread
1
Oil Spread
2.3
Stocks Spread
2
Forex Trading
IQ Option offers CFD trading on 24 forex assets, including major pairs and some minors. EU traders can access a maximum of 1:30 leverage in line with local regulations. The broker offers commission-free trades but spreads are on the high side so the brand does not excel in this area.	You can trade binaries on 40+ currency pairs including majors, minors and exotics. This is a smaller range of forex assets than some competitors but payouts are reasonable, climbing to over 80% on the EUR/USD during testing.
Forex App
IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the Webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account.
GBPUSD Spread
5 pips	N/A
EURUSD Spread
14 pips	N/A
EURGBP Spread
15 pips	N/A
Assets
60+	40+
Cryptocurrency
IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets, including Bitcoin, Ethereum, and Cardano. Leverage of up to 1:2 is available with a variable spread and no commission. Newer traders will also rate the intuitive trading software.	Quotex only offers binary options trading on three cryptos. Yet while the range of digital currencies is narrow, there are leading tokens, including Bitcoin and Dogecoin. Payouts on cryptocurrencies are also above average based on our latest tests.
Spread
BTC 7%, ETH 12% (Var)	N/A
Coins
BTC TRX XRP BCH ETH EOS OMG ETC QTUM ZEC LTC DASH	BTC DOGE PEPE
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low starting deposit. Simply decide whether the price of an asset will go up or down to win a predetermined payout up to 90%+.	Quotex continues its streak near the top of the industry with ultra-short-term binaries on a growing selection of 400+ assets and payouts up to 95%. The firm provides a web platform that delivers a smooth user experience with a clean design, multiple charting styles, dozens of indicators and daily signals for actionable trading ideas.
Payout
91%	95%
Expiry Times
	5 seconds - 4 hours
Ladder Options
Yes	No
Boundary Options
Yes	No

Review	Review
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK