Quotex Vs. Pocket Option: Which One Is Better Comparison

Quotex vs. Pocket Option – Which one is better?
Trading success is wholly dependent on the trader’s ability to become profitable over some time. However, a binary broker is responsible for buying and selling the assets in place of the trader. Therefore, a broker must be reliable and trusted, and they should be able how to copy trade in mt4 maximize profit value and avoid any risky situations in the market.
Therefore, Quotex vs. Pocket Option – which is better? Here we will discuss several advantages of both the platforms and compare which is more beneficial for better trading practice.
What you will read in this Post.
(Risk warning: Trading involves risks)
(Risk warning: Trading involves risks)
What is Quotex?
Quotex is a regulated trading platform by the International Financial Market Relations Regulation Centre where you can invest from an array of 400 asset choices. One of them is a digital option that refers to the trades based on market fluctuations in prices and only offers fixed amounts.
The platform is user-friendly and has a very interactive base for usage with options such as indices, commodities, Forex, etc. Their expiration can vary from 60 seconds to even a month. The time frame varies but is only specific to a day or 24 hours.
The website is accessible to those above 18 years of age with a minimum deposit of $5 and a 98% maximum payout. The returns also depend on the trading information available and the number of traders involved.
If too many traders are aware of the information and have invested in the same square, then the prices will likely reduce, and the people on the other side would receive more payout than those who invested at the same place together.
Trading signals are a part of the live account on Quotex, where the trader gets informed about the introduction of new instruments and indicators in the market ready for trading and money-making.
There is a demo account feature where you can make a free account to study and learn trading techniques.
Moreover, you also get $10,00 as a bonus to practice as real funds and study market fluctuations.
Quotex also offer an advantageous offer to its customers like a range of binary options and a welcome bonus in the market.
(Risk warning: Trading involves risks)
Advantages of Quotex.
There are several advantages when trading with Quotex. For example: The platform allows the most affordable amount for investment, a minimum of $10 so that everyone can become a trader without losing too much money.
They do not charge any trading fees on deposits (see screenshot above), accounts, or withdrawal fees. Therefore, you get a return on investment without spending too much money. The platform has the simplest interface so that any user can trade from it with a design that also supports binary options for trading. You can create a free account known as the demo account, which acts as a dummy account for practice so that one can learn through trial and error. IFMRRC has given regulation to this site confirming its trustworthiness. There is a 40% bonus on the initial deposit when you start trading.
Best binary broker:
(Risk warning: Trading is risky)
Quotex - Trade with high profits.
1 2 3 4 5 5.0 / 5.
Quotex - Trade with high profits.
Accepts international clients Min. deposit $10 $10,000 demo Professional platform High profit up to 95% (in case of a correct prediction) Fast withdrawals.
(Risk warning: Trading is risky)
What is Pocket Option?
Pocket Option is well-renowned trading in binary options platform owned and founded by Gembell Limited in 2017 . This broker is International Financial Market Relation Regulation Centre regulated.
Binary options trading is not given respect due to the involvement of risky trading practices. Still, the Pocket option has proven to be a trustable site where you can make an account easily and start investing as a trader.
With more than 100 services and instruments, Pocket Option provides a trading platform globally. In addition, there is an option for various payment methods for even foreign investors. However, it only provides a single trading account per user which can be a downside to this broker site.
The broker is regulated through the IFMRRC, i.e., the International Financial Market Relations Regulation center , with an Anti-money laundering policy and the Know-Your-Customer policy.
The broker site is a web-based interface platform that allows a user-friendly experience and amazing designs. You can also do automated trading with the help of MetaTrader5, which has amazing analytical and technical tools.
Pocket Option even extends the trading signal feature where the signals are sent via a professional analyst. You can mimic the signal according to the expiry by selecting an option from the platform.
(Risk warning: Trading involves risks)
Advantages of Pocket Option.
With Pocket Option, you get almost 100+ assets for trading . Every time a new trader joins the platform, their deposit gets an additional 50% bonus to encourage the new trader.
The process of deposit and withdrawal is safe and easy. Moreover, it happens quickly so that you do not waste even a minute.
Several services extended to traders, such as social trading, achievements, and tournaments, encourage traders to win or lose trade and understand the market better.
You can also create demo accounts for free practice with no commitment whatsoever. You get a minimum of $1 as a fair trade. The broker is trustworthy and is also regulated by the IFMRRC.
Your binary broker:
(Risk warning: Trading is risky)
Pocket Option - Trade with high profits.
1 2 3 4 5 5.0 / 5.
Pocket Option - Trade with high profits.
Accepts international clients High payouts Professional platform Fast deposits/withdrawals Free demo account.
(Risk warning: Trading is risky)
Comparison between Quotex and Pocket Option.
Specification Quotex Pocket Option Minimum deposit $10 $50 bonus Bonuses up to $105 50% deposit bonus Instruments Digital options, indices, forex and cryptos Stocks, binary option and crypto Margin trading No yes Auto trading no yes Trade signals yes yes Copy trading yes yes Cryptocurrency Only a handful of top cryptos Five types of cryptos are available Binary options Binary options are available in all ranges of markets with a deposit on the first trading experience –
(Risk warning: Trading involves risks)
(Risk warning: Trading involves risks)
Let’s get more into details. What do both of the brokers offer its clients?
#1 Minimum deposit.
The minimum deposit value is the amount you need to invest in a trade. Therefore, Quotex is more affordable than the Pocket Option since you only need to invest $10, whereas $50 is for the Pocket Option.
More affordability means that the reliability of the site is significant.
#2 Bonus.
Bonus is like a complimentary welcome gift while a trader deposits initially. Therefore, Quotex provides a better bonus of up to $105 than the Pocket Option as it provides only 50% of the deposit value . There are very minute differences only as a comparison.
#3 Instruments.
Instruments necessary for trading are assets only that a trader uses to get a high return on their investment. They can change the instrument every day according to their use and after a thorough market evaluation.
Therefore, Quotex provides assets like Forex, cryptocurrencies, commodities, and indices. Whereas, Pocket Option offer assets like stocks, binary options, and some major and famous cryptos like BTC .
#4 Margin trading.
Margin trading is the act of borrowing money for purchasing stocks from brokers. Then, some of the profit is given to the broker as well. Therefore, this feature is only available with Pocket Option , whereas Quotex does not deal with stocks.
#5 Auto trading.
Auto trading is the plan set by the system or program where a trader can buy or sell orders automatically placed along with the program. However, the program’s rules must be fulfilled by the plan for it to work automatically.
Therefore, the Pocket Option allows this feature, but Quotex does not allow auto trading.
#6 Trade signals.
Trade signals are information sent through analysts that study the entry of an instrument and the market values. Then, they sent these signals to the traders so that they could invest in the right place .
Quotex allows trade signals but not on demo accounts, whereas the Pocket Option allows trade signals on demo accounts.
(Risk warning: Trading involves risks)
(Risk warning: Trading involves risks)
#7 Copy-trading.
Copy trading is essential for new traders since they can copy an existing trader’s style and earn money from it. In addition, this process helps new traders and old and professional traders learn from other traders and adopt their successful trading styles.
Quotex allows copy trading but not on demo accounts, whereas the Pocket Option allows copy trading everywhere.
#8 Cryptocurrency.
Cryptocurrency is a data string that poses as a currency unit available for every major broker, such as BTC, LTC, etc., even though cryptocurrency is risky and gives high investment value . However, the Pocket Option features 5 kinds of cryptocurrencies, whereas Quotex only allows the top cryptos such as Bitcoin and Litecoin.
#9 Binary Options.
If an asset fulfills the binary option, then the price of that asset would be high or low above a specified amount. Quotex allows a variety of binary options exclusively in a market with a fixed deposit amount on the first-hand experience.
However, the Pocket Option does not have any binary options in trading .
Conclusion: Quotex vs. Pocket Option.
Quotex is fairly new to the broker position but still offers the best services for trading in digital binary options. Here, a trader can forecast their asset price and earn a profit from the investment.
Moreover, the payout percentage is known from the start, so there is transparency in these activities.
Similarly, a Pocket Option has tons of special characteristics and options in assets. They are reliable for trading since your deposits and withdrawals are safe for payout without any ill behavior on the platform .
Therefore, both the broker sites are great, but Quotex has more features and options in assets than a Pocket Option.
(Risk warning: Trading involves risks)
(Risk warning: Trading involves risks)
About the author.
Percival Knight.
I am an experienced Binary Options trader for more than 10 years. Mainly, I trade 60 second-trades at a very high hit rate.
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Our favorite.
1 2 3 4 5 5.0 / 5.
Yield: 95%+
(Risk warning: Trading is risky)
The best Binary Broker for traders:
Yield: 95%+
The best Binary Broker for traders:
Accepts international clients Min. deposit $10 $10,000 demo Professional platform High profit up to 95% (in case of a correct prediction) Fast withdrawals.
(Risk warning: Trading is risky)
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