Quotex vs Zerodha

Quotex vs Zerodha Comparison Table 2025
Quotex	Zerodha
Review 4.4	Review 2.8
Traders from US not accepted See available binary options brokers	Traders from US not accepted
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%.	Zerodha is India's largest stock broker, offering stocks and shares alongside futures, options, mutual funds, ETFs, commodities and more.
Customer Reviews
4.4 Based on 19 Quotex customer reviews
Bonus Offer
30% Deposit Bonus	None
Comment by Reviewer
"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
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
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.
Instruments
Binary Options on Stocks, Indices, Forex, Commodities, Cryptos	ETFs, mutual funds, bonds, stocks, futures & options
Demo Account
Yes	No
Minimum Deposit
$10	$0
Trading Platforms
Web Platform	Own
Payment Methods
Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Visa	Cheque Wire Transfer
Minimum Trade
$1	$0
Regulator
	SEBI
Margin Trading
No	Yes
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	Yes
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	Kite 3, Coin
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 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
3.9
iOS App Rating
4.2
Auto Trading
No
Copy Trading
No	No
Social Trading
No	No
Trade Signals
Daily Trading Signals	Yes
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	No
Account Currencies
USD EUR GBP INR JPY MYR IDR RUB BRL NGN THB VND UAH	INR
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	National Stock Exchange Of India
Commodities
Gold Oil Silver	Gold Silver
Forex Trading
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.	Zerodha accepts futures trading on a limited number of currency pairs.
GBPUSD Spread
N/A	Variable
EURUSD Spread
N/A	Variable
EURGBP Spread
N/A	Variable
Assets
40+	4
Cryptocurrency
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.	Crypto trading not offered
Spread
N/A
Coins
BTC DOGE PEPE
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 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.	Binary options trading not offered
Payout
95%
Expiry Times
5 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

Review	Review