Quotex vs Emirates NBD Securities

Quotex vs Emirates NBD Securities Comparison Table 2024
Quotex	Emirates NBD Securities
Review 4.4	Review 2.9 Emirates NBD Securities is #33 in our broker rankings.
Traders from US not accepted See available binary options brokers	Traders from US accepted
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.	Emirates NBD is a Dubai-based broker, established in 1963. The brand services 20+ million customers in over 13 countries and is recongized as a leading financial services provider in the UAE with AED 800+ billion in assets. Retail investors can speculate on four major markets including the Abu Dubai Securities Exchange (ADX).
Customer Reviews
4.4 Based on 16 Quotex customer reviews
Bonus Offer
30% Deposit Bonus
Comment by Reviewer
"Quotex is best for making short-term trades on popular markets. The payouts up to 98% are above average and enhancements to the platform have ensured it's easy to use for beginners. That said, the lack of regulatory oversight, limited education and weak support are key drawbacks."	"Traders who want a reliable MENA brokerage with a choice of trading platforms and backing from an established bank should check out Emirates NBD."
Pros
Quotex maintains its position as an excellent choice for short-term binary trading with turbo contracts from 5 seconds Account funding is straightforward thanks to the wide range of payment methods, zero fees and intuitive cashier portal The platform continues to delivers a superb trading environment with strong charting tools for technical traders The $10 starting deposit and $1 minimum stake make Quotex.io accessible to beginners Daily signals are useful for finding opportunities, especially for newer traders	The company is licensed by the Central Bank of the UAE and the Securities and Commodities Authority (SCA) A convenient daily trading programme can be used to automate mutual fund investments with a minimum trade value of AED 8 Transparent pricing model with commission fees by exchange outlined plus a useful commission calculator THARAA' loyalty program with tiered membership status and rewards for every completed transaction A good choice of trading platforms with mobile app compatibility, plus telephone order execution Customer support is available 24/7 via phone, email or online chat bot Leveraged trading options available
Cons
Quotex is unregulated, which means traders may receive limited safeguards Despite advertised payouts of up to 98%, testing shows average payouts trail best-in-class broker Pocket Option There is no copy trading, which could support new traders looking to learn from experienced investors Customer support has been weak during tests with no live chat and slow response times Quotex trails industry leaders when it comes to education and market research	Trading focused on the MENA region with limited global exposure An Emirates NBD banking account is needed to deposit and withdraw A AED 3000 minimum must be maintained across bank accounts Slim investment offering with no forex trading Mobile app navigation trails the best brokers There is no demo account for new clients There is limited education for beginners Slow sign up process
Awards
	Nasdaq Dubai's Retail Broker of the Month Award for April 202 Nasdaq Dubai's Retail Broker of the Month Award for February 2022 Nasdaq Dubai's Retail Broker of the Month Award for December 2021 5-Stars DFM Brokers Excellence Rating certification for the year 2020 Nasdaq Dubai's Retail Broker of the Month Award for June 2020 Nasdaq Dubai's Retail Broker of the Month Award for April 2019 Nasdaq Dubai's Retail Broker of the Month Award for February 2018
Instruments
Digital Options on Stocks, Indices, Forex, Commodities, Cryptos	Stocks
Demo Account
Yes	No
Minimum Deposit
$10	$0
Trading Platforms
Web Platform Mobile App	Own
Payment Methods
Airtel Bitcoin Payments Credit Card Debit Card Ethereum Payments Maestro Mastercard Perfect Money Visa Wire Transfer	Wire Transfer
Minimum Trade
$1	$0
Regulator
	SCA
Margin Trading
No	Yes
STP Account
No	No
ECN Account
No	No
DMA Account
No	Yes
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	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
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 desktop platform, ensuring a smooth transition whether you’re trading from a computer, tablet or mobile device. And with over 1 million downloads and at least 4/5 on the Apple App Store and Google Play Store, it’s proven popular with all types of mobile traders.
Android App Rating
4.1
iOS App Rating
4.2
Auto Trading
No
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Daily Trading Signals
VPS Hosting
No	No
Tournaments
Yes	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
No	Yes
Account Currencies
USD EUR GBP INR JPY MYR IDR RUB BRL NGN THB VND UAH	USD AED SAR
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	Abu Dhabi Securities Exchange Dubai Financial Market Nasdaq Dubai Tadawul
Commodities
Gold Oil Silver
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.	Forex trading not offered
GBPUSD Spread
N/A
EURUSD Spread
N/A
EURGBP Spread
N/A
Assets
20+
Cryptocurrency
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.	Crypto trading not offered
Spread
N/A
Coins
BTC LTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
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.	Binary options trading not offered
Payout
98%
Expiry Times
5 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

Review	Review