Comparison of Binarium and Quotex
| Feature | Binarium | Quotex |
|---|---|---|
| Broker | ||
| Year Founded | 2012 | 2019 |
| Broker Type | MM | MM |
| Dealing | B-book | B-book |
| Execution | Instant | Instant |
| Regulation | SVGFSA | IFC |
| Platforms | Binarium | Quadcode |
| Spread | - N/A | - N/A |
| Maximum Leverage | 1:1 | 1:1 |
| Minimum Deposit | $5 | $10 |
| Base Currencies | USD, EUR, BTC, LTC, UAH, KZT, RUB | USD, EUR, GBP, BRL, IDR, MYR, INR, KZT, RUB, THB, UAH, VND, NGN, EGP, MXN, JPY, BDT, PKR, PHP, TRY, KRW |
| Funding Methods | Visa, Mastercard, WebMoney, FKWallet, Piastrix, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), USD Coin (USDC), XRP (XRP) | Visa, Mastercard, Perfect Money, YooMoney, FKWallet, Binance Pay, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Tether (USDT), USD Coin (USDC), Dogecoin (DOGE), Cardano (ADA), XRP (XRP), Binance Coin (BNB), TRON (TRX) |
| Inactivity Fee | $50 per month after 90 days of inactivity | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | - | - |
| Protection Size | - | - |
| Segregated Accounts | ✔ | ✖ |
| Negative Balance Protection | ✖ | ✖ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✖ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✖ | ✖ |
| EAs/Robots | ✖ | ✖ |
| Depth of Market (DOM) | ✖ | ✖ |
| Tradable Assets (CFDs) | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Commodities, Indices, Stocks |
| Review | Binarium Review | Quotex Review |
About Binarium
Binarium is a binary options broker founded in 2012. With a minimum deposit of just $5 and trade sizes from $1, it caters especially to beginners. The proprietary web platform is intuitive and supports payouts of up to 90%. Five account tiers (Start through VIP) unlock higher cashback and withdrawal limits. Despite handy perks like copy-trading and a 100% welcome bonus, Binarium remains unregulated and offers a relatively limited asset list.
Pros
- Low $5 minimum deposit and $1 trade size
- Payouts up to 90%
- Cashback 5-15% and 125% welcome bonus
- Copy-trading feature
- Segregated client funds
- Crypto deposits & withdrawals
Cons
- Not regulated by major authorities such as FCA or ASIC
- Small set of indicators (~12)
- No MT4/MT5; only High/Low options
About Quotex
Quotex is an offshore digital options platform launched in 2019. The broker attracts traders with a low entry threshold (deposits from just $10 and trades from $1), high potential returns of up to 98% and a convenient proprietary web platform with 24/7 support. There are more than 50 assets to choose from: currency pairs, commodities, stocks and indices. At the same time, Quotex is not regulated by reputable financial authorities: the company is registered in St Kitts & Nevis, and the IFMRRC certificate is no longer valid, so investor protection is limited. Despite this, the broker remains popular thanks to instant deposits and withdrawals without commissions, generous deposit bonuses and regular tournaments with a prize pool.
Pros
- Minimum deposit $10 and trades from $1
- High payouts - up to 98% on VIP account
- Own convenient web platform and Android application
- Fast withdrawal without commissions
- Bonuses and tournaments
Cons
- No license from top regulators, investor protection is limited
- Only binary options are available, no classic Forex/CFD
- Max. transaction volume is limited to $1000
- Poor training materials and analytics
Binarium & Quotex Regulation
| Feature | Binarium | Quotex |
|---|---|---|
Companies | BINARIUM LIMITED (SVG), BINARIUM LIMITED (CY) | ON SPOT LLC GROUP |
Countries | St. Vincent & the Grenadines, Cyprus | Saint Kitts and Nevis |
Regulators | SVGFSA | IFC |
Investor Protection | - | - |
Investor Protection Size | - | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Binarium | Quotex |
|---|---|---|
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | Binary Options | Standard |
| Minimum Deposit | $5 | $10 |
| Option Types | High/Low, Turbo | High/Low, Turbo |
| Minimum Stake | $1 | $1 |
| Payout | from 70% to 90% | from 20% to 92% |
| Expiration Time | from 60 seconds to 3 months | from 60 seconds to 4 hours |
Funding and Fees
| Feature | Binarium | Quotex |
|---|---|---|
Base currencies | USD, EUR, BTC, LTC, UAH, KZT, RUB | USD, EUR, GBP, BRL, IDR, MYR, INR, KZT, RUB, THB, UAH, VND, NGN, EGP, MXN, JPY, BDT, PKR, PHP, TRY, KRW |
Deposit and withdrawal methods | Visa, Mastercard, WebMoney, FKWallet, Piastrix, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), USD Coin (USDC), XRP (XRP) | Visa, Mastercard, Perfect Money, YooMoney, FKWallet, Binance Pay, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Tether (USDT), USD Coin (USDC), Dogecoin (DOGE), Cardano (ADA), XRP (XRP), Binance Coin (BNB), TRON (TRX) |
Inactivity fee | $50 per month after 90 days of inactivity | |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Binarium | Quotex |
|---|---|---|
Trading Platforms | Binarium | Quadcode |
Execution Speed | 50 ms | 10 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | N/A | N/A |
Trading Assets
| Asset | Binarium | Quotex |
|---|---|---|
Currencies | 35 | 24 |
Indices | 7 | 13 |
Stocks | 14 | 8 |
Cryptocurrencies | 5 | 0 |
Bonds | 0 | 0 |
Metals | 2 | 4 |
Energies | 0 | 2 |
Soft Commodities | 0 | 0 |
ETFs | 0 | 0 |
Education and Analytics
| Feature | Binarium | Quotex |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
| Bonus | Binarium | Quotex |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 125%, up to $2000 | — |
| Details | Learn More | — |
Contests
| Feature | Binarium | Quotex |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List | — |
|
- Quotex tournamentsStart Balance: $100 · Prize Pool: $5000 · Period: DailyLearn More
Customer Support
| Contact | Binarium | Quotex |
|---|---|---|
Email | support@binarium.com | — |
Phone | +35722052784 | — |
Telegram | Telegram | Telegram |
Facebook | ||
YouTube | YouTube | — |
Instagram | ||
Twitter | — |
Which Broker is Better?
After comparing Binarium and Quotex, Binarium comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.