Quotex vs Deriv.com
Wondering if Quotex or Deriv is the better broker? We compare their features to help you identify your ideal trading partner.
Quotex and Deriv.com are both reputable brokers, but they cater to different types of traders. Quotex is known for its low entry barriers with a $10 minimum deposit and no fees for deposits or withdrawals. In contrast, Deriv.com offers a wide range of account types and supports both beginners and experienced traders with its various trading platforms.
One significant difference is in regulation: Quotex lacks strong regulatory credentials, while Deriv.com operates under multiple jurisdictions, providing better protection for EU clients. Both brokers offer demo accounts, but Deriv.com provides these across all its platforms, allowing for more varied practice.
Both brokers offer beginner-friendly features, but Quotex is easier for those new to binary options due to its straightforward platform and low costs. However, beginners may find Deriv.com’s diverse account options and wide coverage of trading instruments more overwhelming.
Regulation & Trust
Quotex is an unregulated broker, with its expired registration from IFMRRC. Although it has a fair reputation and security measures like SSL encryption, its short history limits trust. Deriv.com, operating since 1999, serves over 2.5 million traders worldwide. It is moderately regulated but lacks top-tier authority endorsements, which may limit investor protection.
Accounts & Banking
Quotex offers a straightforward live account with a $10 minimum deposit, appealing to newcomers. It avoids fees for deposits and withdrawals, processing requests timely. Deriv.com boasts various account types suitable for novice and experienced traders but offers fixed leverage levels. Social login and efficient registration simplify account opening.
Assets & Markets
Quotex shines with access to over 400 assets across forex, stocks, commodities, and crypto. However, it has a limited selection of digital currencies. Deriv.com provides a growing selection of over 100 instruments, including its unique synthetic indices available 24/7. Its offerings cater to advanced trading strategies with options and multipliers.
Fees & Costs
Quotex stands out with no trading or non-trading fees, making it a low-cost platform. It generates revenue primarily through clients’ losing trades. Deriv.com presents a competitive fee structure with a minimum deposit of $5. While most accounts have no commission, floating spreads may widen in volatile conditions. The broker charges a $25 inactivity fee after 12 months of dormancy.
Platforms & Tools
Quotex provides a user-friendly platform with essential features suitable for beginners. Deriv.com offers a range of proprietary and third-party solutions, including MT5 and TradingView, for advanced analysis. Although Deriv lacks VPS services, it supports copy trading and automated bot strategies.
Research
Quotex’s market research tools are limited, relying mainly on daily trading signals. Deriv.com integrates economic calendars on its platforms but lacks detailed in-house analyses. TradingView offers a community-driven source of ideas and insights for Deriv users.
Education
Quotex’s educational resources are basic, covering account setup and introductory topics. Deriv.com provides more structured courses and downloadable e-books, lacking depth for advanced learning. It does not offer interactive webinars or live sessions to engage traders.
Customer Support
Quotex lacks live chat, offering only an in-platform contact form with quick but generic responses. Deriv.com provides multiple support channels, including live chat and Whatsapp. It supports 24/7 help and an organized FAQ section, though live chat response times can be slow.
Is Quotex or Deriv.com Better For Beginners?
Quotex is better for beginners due to its simple interface and low-cost entry. The $10 minimum deposit and ease of use create a safe space for new traders. In contrast, Deriv.com offers more complexity with varied account types, which might overwhelm novices.
Is Quotex or Deriv.com Better For Experienced Traders?
Deriv.com is preferable for experienced traders due to its advanced platforms like MT5 and TradingView. These platforms allow skilled traders to employ sophisticated strategies. Its range of instruments, including unique synthetic indices, also offers more trading opportunities.
Why Pick Quotex Over Deriv.com?
Pick Quotex for low-entry costs and ease of use. It’s excellent for those who prefer straightforward binary options trading. The absence of fees makes it attractive for budget-conscious traders.
Why Pick Deriv.com Over Quotex?
Choose Deriv.com for its diverse account options and advanced platform offerings. The broker’s regulatory framework and comprehensive trading tools make it a strong choice for those looking for a full-featured trading experience.
Quotex vs Deriv Details
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Quotex
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Deriv
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Founded in 2019, Quotex is a binary broker providing over 400 assets like forex, stocks, indices, commodities, and cryptocurrencies. The platform focuses on user-friendly features, offering short-term contracts from 5 seconds to 4 hours, with payouts up to 95%. | Founded in 1999, Deriv is an innovative broker serving over 2.5 million global clients. The firm offers CFDs, multipliers, and recently, accumulators, along with unique derived products for flexible short-term trading. | |
| Instruments | Binary Options on Stocks, Indices, Forex, Commodities, Cryptos | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $10 | $5 |
| Trading Platforms | Web Platform | Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView |
| Payment Methods | Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Mastercard, Visa | Airtel, Airtm, AstroPay, Banxa, Bitcoin Payments, Boleto, Credit Card, Diners Club, FasaPay, JCB Card, JetonCash, M-Pesa, Maestro, Mastercard, Neteller, Paysafecard, Paytrust, Perfect Money, PIX Payment, Przelewy24, Skrill, Sticpay, Trustly, Visa, Volet, WebMoney, Wire Transfer |
| Minimum Trade | $1 | 0.01 Lots |
| Regulator | MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA | |
| Account Currencies | USD, EUR, GBP, INR, JPY, MYR, IDR, RUB, BRL, NGN, THB, VND, UAH | USD, EUR, GBP |
| Trust Rating | ||
| Assets & Markets Rating | ||
| Platforms Rating | ||
| Fees & Costs Rating | ||
| Customer Support Rating | ||
| Education Rating | ||
| Research Rating | ||
| Accounts & Banking Rating | ||
| Mobile Apps | iOS & Android | iOS & Android |
| App Review | Quotex provides a comprehensive trading app with useful tools like dynamic charting and built-in signals. It mirrors the user-friendly design of the desktop platform, ensuring easy use on computers, tablets, or mobile devices. The app's light and dark modes offer flexibility. | Deriv stands out for its simple app design, improved in 2025 with better position management and clearer contract details. It offers diverse trading options, including traditional markets and custom indices that mimic real-world markets, available 24/7, even on weekends. The fast and reliable in-app chat support, rarely found in other platforms, is crucial for new users. These features helped Deriv win DayTrading.com's 'Best Trading App' award in 2025. |
| Android App Rating | ||
| iOS App Rating | ||
| Awards |
| |
| Margin Trading | ✗ | ✓ |
| AI / Machine Learning | ✗ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✗ | ✓ |
| Market Maker | ✓ | ✓ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✗ | ✓ |
| Auto Trading | ✗ | Expert Advisors (EAs) on MetaTrader, DBots |
| Copy Trading | ✗ | ✓ |
| Copy Trading Platform | Deriv lets clients copy experienced traders' positions using signals on DMT5. You get real-time signals to decide on trades in your account. The copying process is fully automated, perfect for beginners preferring a hands-off method. Deriv is among a few cTrader brokers offering automated trading for easy investing. | |
| Social Trading | ✗ | ✗ |
| Trade Signals | Daily Trading Signals | DMT5 |
| VPS Hosting | ✗ | ✗ |
| Tournaments | ✓ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $0 | $25 |
| Islamic Account | ✗ | ✓ |
CFD Trading | ||
Since expanding its CFDs in 2023, Deriv now provides trading on both rising and falling prices across hundreds of global financial markets. This includes exclusive synthetic indices that mimic real markets and operate 24/7, offering more trading opportunities. | ||
| Leverage | 1:1000 | |
| FTSE Spread | 1.28 | |
| GBPUSD Spread | 1.4 | |
| Oil Spread | 0.02 | |
| Stocks Spread | 0.59 (Apple) | |
Forex Trading | ||
You can trade binary options on over 40 currency pairs, including major, minor, and exotic ones. While this is fewer forex assets than some competitors offer, payouts are competitive, reaching over 80% for EUR/USD in tests. | Deriv now offers trading on over 40 currency pairs, including major, minor, and exotic types. The EUR/USD spread is competitive at 0.44 pips, reduced since 2021. Forex CFDs can be accessed through MT5 and multipliers on the user-friendly DTrader. | |
| GBPUSD Spread | N/A | 1.4 |
| EURUSD Spread | N/A | 1.4 |
| EURGBP Spread | N/A | 1.0 |
| Assets | 40+ | 40+ |
Cryptocurrency | ||
Quotex offers trading on only three cryptocurrencies, including top tokens like Bitcoin and Dogecoin. Despite the limited selection, our latest tests show above-average payouts on these digital currencies. | Deriv.com offers over 30 crypto pairs, which is more than double what competitor IQ Cent provides. It also offers 1:2 leverage on crypto, allowing traders to increase potential returns, with zero commissions for straightforward pricing. | |
| Spread | N/A | From 0.5 |
| Coins | BTC, DOGE, PEPE | ADA, ALG, AVA, BAT, BCH, BNB, BTC, DOG, DOT, DSH, EOS, ETC, ETH, FIL, IOT, LNK, LTC, MKR, NEO, OMG, SOL, TRX, UNI, XLM, XMR, XRP, XTZ, ZEC |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |
Binary Options | ||
Quotex remains a leader in the industry with short-term binaries on over 400 assets and payouts up to 95%. The company offers a web platform with an easy-to-use design, various chart styles, numerous indicators, and daily signals to assist traders. | Deriv.com provides high-quality binary options in both traditional and new financial markets, with payouts up to $50,000. Options are accessible 24/7, all year, with continuous customer support and a user-friendly trading platform. | |
| Payout | 95% | 100% |
| Expiry Times | 5 seconds - 4 hours | 15 seconds to 365 days |
| Ladder Options | ✗ | ✓ |
| Boundary Options | ✗ | ✓ |
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