Expert Option vs Quotex comparison

Expert Option vs Quotex Comparison Table 2024
Expert Option	Quotex
3.5 Expert Option is #13 in our binary options broker rankings.	4.4 Quotex is #2 in our binary options broker rankings.
Expert Option is an offshore broker that offers a simple and intuitive trading experience through a bespoke, user-friendly platform. Short-term traders can access 100 popular assets via binary options contracts with payouts up to 95%, free educational resources, and market data available to upper-tier account holders.	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.
Customer Reviews
5 Based on 12 Expert Option customer reviews	4.5 Based on 11 Quotex customer reviews
Bonus Offer
100% deposit bonus	30% Deposit Bonus
Comment by Reviewer
"Expert Option will suit aspiring traders who want to access the financial markets through an options broker with a very easy-to-learn bespoke platform. The user-friendly day trading platform is clear and reliable."	"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."
Pros
The broker offers an easy to use, beginner-friendly proprietary trading platform with 4 chart types and social trading features The diverse range of account currencies and 20+ accepted payment methods allow for flexible funding There's a decent range of educational resources, including trading strategies, webinars and platform tutorials The analytical tools for higher-level accounts are a useful addition for experienced day traders High payouts up to 95% are above the industry average There are no deposit and withdrawal fees which is ideal for active traders Minimum deposits are low, starting from $10	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
Cons
There's a very small list of binary assets with just 100 on offer compared to 1000+ offered by some competitors Expert Option isn't available in several countries, including the EU, Australia and the US The SVGFSA is a weak financial regulator with limited safeguarding measures Very expensive $50 dormancy fee after 3 months of no trading activity The broker doesn't offer any popular leveraged products such as CFDs	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
Instruments
Options, Stocks, Commodities, Forex, Crypto, Futures,	Digital Options on Stocks, Indices, Forex, Commodities, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$10	$10
Trading Platforms
Expert Option Web Platform	Web Platform Mobile App
Payment Methods
Bitcoin Payments FasaPay Flutterwave M-Pesa Maestro Mastercard Neteller Perfect Money Skrill UnionPay Visa WebMoney Wire Transfer	Bitcoin Payments Credit Card Debit Card Ethereum Payments Maestro Mastercard Perfect Money Visa Wire Transfer
Minimum Trade
$1	$1
Regulator
SVGFSA
Margin Trading
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
Mobile Apps
iOS & Android	iOS & Android
App Review
Expert Option has an unusual mobile trading offering in that it balances education with trading, potentially serving new traders. However, our tests reveal very basic quizzes and learning materials that barely scratch the surface of binaries. The ‘Tap Game’ is also gimmicky and does little to serve serious traders.	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
4.2	4.1
iOS App Rating
2.5	4.2
Auto Trading
ExpertBot	No
Copy Trading
Yes	No
Copy Trading Platform
You can study and copy the positions of established VIPs to increase potential returns. Users can find master traders based on asset class and historic returns. A useful leaderboard is available to social traders.
Social Trading
Yes	No
Trade Signals
Only for Platinum and Exclusive accounts	Daily Trading Signals
VPS Hosting
No	No
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$50	$0
Islamic Account
No	No
Account Currencies
USD EUR GBP CAD AUD NZD INR JPY ZAR MYR IDR TRY SEK NOK DKK CHF HKD SGD RUB PLN CZK AED	USD EUR GBP INR JPY MYR IDR RUB BRL NGN THB VND UAH
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
Commodities
Gold Platinum Silver	Gold Oil Silver
Forex Trading
Expert Option traders can access some of the most popular forex pairs including USD/EUR, GBP/USD and GBP/EUR using binary options contracts that payout up to 95%, well above the industry average of around 85%.	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.
GBPUSD Spread
Variable	N/A
EURUSD Spread
Variable	N/A
EURGBP Spread
Variable	N/A
Assets
6	20+
Cryptocurrency
Traders can speculate on Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) price movements using high/low binary options on a proprietary platform. These are three of the most popular cryptocurrencies on the market, but the offering lacks the variety and volatility offered by less popular tokens.	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.
Spread
$5 on any winning trades	N/A
Coins
BTC BCH ETH	BTC LTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Expert Option is a well-known binary options broker providing access to 100 assets with a $5 charge on winning trades. Payouts are competitive and users can speculate on rising or falling prices with one-click in the web-accessible platform. Binaries are aimed at ultra-short-term traders, ranging from 60 seconds to 5 minutes.	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.
Payout
95%	98%
Expiry Times
60 seconds - 5 minutes	5 seconds - 4 hours
Ladder Options
No	No
Boundary Options
Yes	No

ExpertOption Reviews

May 5, 2024

Positive impressions

My impression of this company is quite positive. I was able to make good money and withdrew my money without any problems. I am satisfied with everything so far.

April 25, 2024

Overall, I'm satisfied

My experience with ExpertOption broker is not very long. I can go straight to the pros and cons.

April 16, 2024

This company is really very professional

The day before yesterday I made my first withdrawal, today I woke up and the money was already in my account. very fast. You can put a notification when the price is reached, I think they recently added this function. In principle, I plan to continue trading here and do not stop here. I do not like only one thing, why there is no volume indicator? I hope it will be added soon.

April 6, 2024

Expert Option - A Reliable Platform for Trading Success

Having tried several trading platforms, I found Expert Option to be a standout performer. The ease of use, variety of assets, and responsive customer support have made my trading journey exceptionally smooth and profitable. Whether it's stocks, cryptocurrencies, or commodities, Expert Option provides a user-friendly interface and robust security measures that instill confidence in my investments.

April 3, 2024

Overall satisfied

I am very happy that I chose Expert Option for my investment. Working with their platform is a pleasure: everything is clear, straightforward and uncomplicated. The free signals helped me to form my trading strategy, and the variety of indicators allows me to analyse the market from different points of view. The high speed of transaction processing is what makes trading here particularly attractive.

April 2, 2024

All right!

I am impressed with the speed and performance of Expert Option. This platform is perfect for fast and efficient trading. The use of various indicators has greatly improved my results and the intuitive interface makes trading easy. It's also worth noting that the app works perfectly on all my devices, allowing me to trade anytime and anywhere.

April 1, 2024

It's cool.

Expert Option really stands out with its user-friendly and clear interface. As a trader with an average level of experience, I found all the necessary tools for effective trading. I would especially like to mention their free trading signals, which proved to be extremely accurate and useful. The high speed of the platform is also commendable - this is very important in the fast-paced world of trading.

March 29, 2024

Reliable broker

I chose Expert Option and it was the best decision for my investment! The platform is very intuitive, I easily found everything I needed to trade successfully. I am especially happy with the free signals, which help me in my decision making. Also worth noting is the high speed of the service, which is incredibly important in the fast world of trading. Thank you, Expert Option, for your contribution to my trading experience!

March 27, 2024

I liked it

Expert Option has exceeded all my expectations. Their platform is so user friendly and easy to learn that I was able to start trading quickly. The free signals and accurate indicators have greatly improved my trading skills. Thank you so much for your work and continuous improvement of the service!

March 22, 2024

Perspective option

As a newcomer to the world of trading, I think Expert Option is the perfect choice. Their trading interface is clear and easy to use. I would also like to mention the excellent performance of their signals - they are really accurate and have helped me develop my own strategy. I also appreciate the speed and ease with which I can trade on different devices.

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Expert Option vs Quotex comparison

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