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Pocket Option vs Quotex – Broker Comparison And Fees Review

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Pocket Option REVIEW

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Which broker is better: Pocket Option or Quotex? Our expert assessment conducted according to TU’s methodology showed that Pocket Option is one of the top brokers in the financial market with a TU Overall Score of 8.45 out of 10. Quotex is one of the top brokers in the financial market with the TU Overall Score of 8.9 out of 10.

Pocket Option vs Quotex
FeaturePocket OptionQuotex
Overall3.72.8
Regulation1.31
Fees4.33.3
Trading assets3.23.1
Investment instruments3.81
Platforms and charting tools4.73.9
Deposit and withdrawal4.24.6
Research3.81.5
Education4.12.3
Support4.43.0
Bonuses3.13.8
Go to broker
Your capital is at risk.
Go to broker
Your capital is at risk.

Pocket Option vs Quotex: Pros and cons

Go to broker
Your capital is at risk.

When comparing Pocket Option vs Quotex, it’s clear both platforms bring distinct strengths to the table. Pocket Option, which launched in 2017, was founded by a team of FinTech professionals, experienced traders, and IT developers. The broker gives users access to over 100 global assets across currencies, commodities, stocks, indices, and cryptocurrencies. Pocket Option also offers its own proprietary trading platform, while supporting MT5 for traders who prefer the MetaTrader interface. Available in more than 95 countries, the company emphasizes fast-evolving technology and reliable customer support to stay competitive.

On the other hand, Quotex vs Pocket Option reveals that Quotex, founded in 2019, takes a more streamlined approach by focusing on binary options. With a user-friendly platform and built-in charting tools, traders can access assets like currencies, oil, metals, indices, and crypto. The platform includes 29 technical indicators and a customizable interface, making it beginner-friendly. The low starting deposit of just $10 appeals to new traders, and security features like two-factor authentication, along with 24/7 support, help build user trust.

Traders frequently compare these two platforms and ask, which is better, Pocket Option or Quotex? The answer really depends on what you're looking for. If your priorities include trading a wide variety of assets with advanced tools like MT5, Pocket Option may be more suitable. However, if you're starting out and want a straightforward platform with a low entry cost, Quotex might be the better choice.

Pros and cons of Pocket Option and Quotex
Pocket OptionQuotex
Overall pros
  • Low initial amount to start trading - the first deposit starting with $50 ($10 for Forex)
  • Social trading platform to receive passive income
  • Author's Telegram Bot from Pocket Option with signals
  • No fees for withdrawals and deposits
  • Ability to trade on Forex in the MT5 platform
  • Affordable minimum investment amount – USD 10
  • No trading fees and no deposit, withdrawal and account fees
  • Algorithmic trading is technically impossible
Overall cons
  • There is no regulation. Obtained a license of a non-profit organization in Russia
  • Minimum withdrawal starting with $10
No Regulatory License

Pocket Option vs Quotex: Safety and regulation

Regulatory сomparison: Pocket Option vs Quotex
Pocket OptionQuotex
Max. regulation levelTier-3Tier-3
Investor protectionNoNo
FCA UK regulationNoNo
FINRA (U.S)NoNo
BaFin (Germany)NoNo
ASIC (Australia)NoNo
CFTC (U.S)NoNo
MASNoNo
FSCA SANoNo
BVI FSCNoNo
VFSCNoNo
FSA (Seychelles)NoNo

Pocket Option vs Quotex: Trading conditions

Trading conditions сomparison
Trading ConditionsPocket OptionQuotex
Minimum deposit$50 (for options), $10 (for Forex)$10
Trading platformsМТ5 (for Forex), own platform (for options)Own platform
Max leverage (Futures)1-500 (for Forex)Not provided technically
Supported marketsForex, Metals, Energies, Indices, Shares, CryptocurrenciesCurrencies, raw materials, stocks
Trading assets100+80+
Trading accountsBinary Options, STP (Forex)Single account for binary options trading
Base account currenciesUSD, EURUSD, EUR, GBP, BRL, IDR, MYR, INR, KZT, RUB, THB, UAH, VND, NGN, MXN, EGP

Pocket Option vs Quotex: Fees

Fees comparison
Pocket OptionQuotex
Standard acc. spread EUR/USD, min pips0,50,5
Standard acc. spread EUR/USD, max pips1,01,0
ECN commission2,52,5
ECN spread EUR/USD0,30,3
Deposit fee, %NoNo
Withdrawal fee, %NoNo
Withdrawal fee, USDNoNo
Inactivity fee, $NoNo

A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.

Pocket Option vs Quotex: Trading assets

Trading assets comparison
Asset NamePocket OptionQuotex
Overall100+80+
ForexYesYes
StocksYes (CFD)Yes (CFD)
MetalsYes (CFD)Yes (CFD)
CryptocurrenciesYes (CFD)No
EnergyYes (CFD)Yes (CFD)
IndicesYes (CFD)Yes (CFD)
ETFsNoNo
BondsNoNo
Mutual fundsNoNo
Stock optionsNoNo
Futures tradingNoNo
Binary optionsYesNo

Pocket Option or Quotex: Investment programs

Investment programs comparison
Asset NamePocket OptionQuotex
Copy tradingYesNo
MAM/PAMMNoNo
Managed accountsNoNo
OtherTrading SignalsNo

Trading platforms: Quotex or Pocket Option

Trading platforms comparison
Pocket OptionQuotex
MT4NoNo
MT5YesNo
cTraderNoNo
Appropriate platformNoNo
OthersOwn binary options trading platformOwn trading platform

Pocket Option vs Quotex: Deposit and withdrawal methods

Deposit and withdrawal methods comparison
Pocket OptionQuotex
Bank WireYesYes
Bank CardYesYes
NetellerYesYes
BTCYesYes
WiseYesYes
PayoneerNoNo
USDTYesYes

Pocket Option vs Quotex: Research

Research comparison
Research TypePocket OptionQuotex
News feedYesNo
Fundamental dataYesNo
Chart analysisYesNo
Trading ideasYesYes
E-Mail reportsNoNo

Pocket Option vs Quotex: Education

Education comparison
Education TypePocket OptionQuotex
Demo-account/Paper tradingYesYes
WebinarsNoNo
ArticlesNoNo
VideosYesNo
Cent accountNoNo

Quotex vs Pocket Option: Support

Some traders remain cautious and ask, how legit is Pocket Option, especially given the rise of online trading scams. It’s important to note that Pocket Option has a long-standing presence, 24/7 customer support, and a large user base, factors that support its credibility. For those still unsure and questioning, is Pocket Option legit or not, multiple reviews point to its consistent payouts, responsive service, and ease of use. While every platform has pros and cons, both Quotex and Pocket Option continue to build strong reputations among global traders. This is further supported by their support options.

Support options comparison
Support FeaturesPocket OptionQuotex
Working days24/524/7
E-mailNoNo
PhoneYesNo
Online chatYesNo
OtherFeedback form. Support is only available to registered usersFeedback form

Pocket Option vs Quotex: Forex bonuses and promo

PromoPocket OptionQuotex
Forex bonusWelcome bonus 50% when opening a real accountWelcome bonus 30% when opening a real account. Cashback, bonus for using "deal cancellation"
Affiliate programTwo types of programs: partner and representative. Commission from profit - up to 80%Yes. Payouts up to 80% of income or up to 7% of referral turnover
Other promosTournaments with a minimum deposit of 1 USD and a prize pool of 100-250 USD. There are free tournaments

Top 5 reviews on Quotex

When comparing different trading platforms, many new users wonder, is Quotex and Pocket Option the same? While both offer digital options and a user-friendly interface, there are clear differences in their features, support systems, and trading tools. Traders often bring up the debate of Quotex vs Pocket Option, especially when evaluating things like withdrawal speed, interface design, and asset variety. Based on recent reviews, Quotex is praised for its clean layout and fast execution, making it a strong choice for beginners and experienced users alike.

  1. “Their interface is user friendly and withdrawal time is faster than other brokers.”

  2. “Ótima plataforma, super interativa e fácil de usar. Adorei as funções dela principalmente o modo torneio.”

  3. “uma das melhores corretoras que ja vi, intuitiva e simples, sem delay alem de ser bonita, sem complicações com saques, larguei muitas das outras por essa”

  4. “I found the QUOTEX platform through reviews in trader chats, and I was drawn in by the low minimum starting amount of just $10. One of the main advantages is the simple and user-friendly platform with no complicated settings. It only took a couple of minutes to figure out how to place trades and use indicators. I traded currency pairs and often relied on the signals provided directly in the terminal by the broker and their accuracy didn’t always align with the actual market conditions, but on average, they proved to be effective. Over the course of a month, I earned around $40 in net profit while trading with small amounts.”

  5. “A Quotex Broker é uma plataforma de opções binárias excelente, que se destaca principalmente pela tecnologia presente em toda a plataforma. Os seus gráficos e funcionalidades, profissionais, modernos e limpos, refletem a alta performance dos seus desenvolvedores. Recomendo fortemente a utilização da Quotex para traders avançados e que esperam o máximo de segurança e desempenho nas suas operações.”

Top 5 reviews on Pocket Option

When traders first come across Pocket Option, one of the most common questions that comes up is, is Pocket Option legit? Based on user reviews and platform performance, many traders find it to be reliable for both beginners and experienced users. The platform offers a clean interface, quick trade execution, and multiple deposit methods, which adds to its credibility. Real-time support, mobile trading, and social trading features are also frequently highlighted in user feedback, suggesting that Pocket Option provides a solid trading experience.

  1. “The platform has a wide and halal trading platform in global markets and cryptocurrencies, and regular withdrawals from the account, many payment and withdrawal methods, and provides useful tools for trading. I have been trading on this platform for several years and give it 5 stars.”

  2. “My experience with Pocket Option has been positive overall.”

  3. “I found out about Pocket Option on a trading forum and was drawn in by the low entry threshold. I funded my account with the minimum $5 and started testing the platform without pressure. In the first week, I made a $16 profit trading currency pairs and silver. I was surprised to see that social trading actually works. I copied a few trades from top traders and earned nearly 8% profit on my deposit in just two days. I really liked that you can set limits for copying and use stop-loss protection as the risks are minimal.”

  4. “They have earned their image as the broker which cares about comfort of traders, because they offer 3 modes that fit all types of traders, and this was my personal reason to sign up. Despite the disadvantages, still a good broker that has potential to be the best, no kidding.OI

  5. “I chose Pocket Option because they offer excellent integration with MT5. I use both the browser-based platform for options and the classic MT5 for CFD and Forex trading. Spreads start from 1.2 pips on major pairs, and leverage up to 1:1000 allows for rapid scaling if the strategy permits. An interesting feature: trade copying is available not only for binary options but also on Forex via the MQL5 service, which helped me gain +18% on my deposit in a month. Payouts are reliable, and the conditions are transparent.”

The better choice is the one that supports your strategy

Ivan Andriyenko Author at Traders Union

When comparing Pocket Option and Quotex, I always recommend looking beyond surface metrics and promotional offers. Both platforms target traders who are comfortable with higher-risk instruments, but the key question is not which one looks more attractive – it’s which one aligns with your personal risk management approach.

From my perspective, the most important factor here is regulatory depth. Neither platform operates under Tier-1 supervision, which means traders must take greater responsibility for capital protection. In such cases, I advise starting with a small deposit, testing execution consistency, and, most importantly, verifying withdrawal processes early.

If you value platform flexibility and the ability to combine different trading approaches, Pocket Option may offer more structural versatility. However, if your priority is simplicity and low entry cost, Quotex can serve as a straightforward starting environment. That said, binary and short-term trading products require strict discipline – they amplify emotional pressure and can quickly erode capital if risk limits are not respected.

In my experience, traders who succeed with platforms like these are not those chasing bonuses or maximum payouts, but those who define clear risk per trade, avoid overexposure, and treat short-term instruments as speculative tools rather than long-term investments.

Ultimately, the better choice is the one that supports your strategy without encouraging overtrading. Structure, capital control, and psychological discipline will matter far more than interface design or promotional features.

Conclusion

A common comparison seen across trading forums is Pocket Option vs Quotex, as both platforms cater to a similar audience. While each has its own strengths, such as Quotex’s minimalist design and Pocket Option’s broader asset range, preferences often depend on the trader’s style. Many traders debate which is better, Pocket Option or Quotex?, but ultimately, the decision comes down to individual needs like payout structure, trade expiry flexibility, and platform speed. Both platforms have loyal user bases, though Pocket Option appears to edge ahead in terms of interface versatility and extra features like tournaments and achievements.

FAQs

What should I start Forex trading with?

If you’re just beginning, the smartest move is to open a demo account. It lets you practice strategies and get used to the platform without risking actual money. Alongside that, take time to explore the broker’s educational resources and understand the core concepts of trading. Once you’re confident, try depositing a small amount and make a few trades to apply what you’ve learned. Many new traders also benefit from using copy trading features, which can ease the learning curve. Choosing the right platform plays a big role too, before deciding, it’s helpful to explore comparisons like Quotex vs Pocket Option to find which suits your learning style better.

What amount should I start trading with?

The amount you begin with depends on the account type. For a cent account, $10 is enough to get started. However, for Standard or ECN accounts, it’s generally safer to begin with $200 to $500 so you can manage risk more effectively. That buffer helps avoid using too much leverage, which is one of the most common mistakes new traders make. Budget is important, but so is the platform you use, so if you’re weighing your options, researching which is better, Quotex or Pocket Option? can help you match your deposit size with the features each platform offers.

What should I take into consideration when choosing a broker?

Trustworthiness should be your top priority when picking a broker. Look at factors like trading conditions, withdrawal speed, support quality, and customer reviews. Some brokers are more beginner-friendly, while others are designed for advanced traders. To make a smart choice, it’s worth comparing platforms based on your personal needs. If you’re stuck between two, asking something like which is better, Quotex or Pocket Option? is a good starting point, but always go beyond the surface and check the fine print.

Is it possible to be scammed by a broker with a license from a reputable regulator?

While scams still exist in the industry, it’s rare for a broker with a solid regulatory license to operate dishonestly. Earning a license from a well-known authority takes time, capital, and strict compliance, which weeds out most bad actors. That said, it’s still wise to do your own research. For example, if you’ve ever wondered, is Pocket Option legit, take a few minutes to check their licensing details, read recent user feedback, and explore independent reviews. Verifying these details can save you from unpleasant surprises down the road.

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Team that worked on the article

Alamin Morshed
Contributor

Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses that want to improve their Google search rankings to compete with their competition.

Marc Chandler
Author at Traders Union

One of the most widely respected and quoted currency experts, Marc Chandler has been analyzing and advising on the global capital markets for more than 30 years. Throughout his career on Wall Street, Chandler has advised private businesses, hedge funds and asset managers on navigating the foreign exchange market.

Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.