Quotex vs AvaTrade - Fees Review included
Which broker is better Quotex or AvaTrade? Our expert assessment conducted according to TU’s own methodology showed that Quotex is one of the top brokers in the financial market with the TU Overall Score of 8.9 out of 10. AvaTrade is one of the top brokers in the financial market with the TU Overall Score of 7.06 out of 10. Find out more about TU Overall Score.
| Feature | Quotex | AvaTrade |
|---|---|---|
Overall |
2.8 |
4.6 |
1 |
4.7 |
|
3.3 |
4.4 |
|
3.1 |
4.4 |
|
Investment Instruments |
1 |
4.2 |
Platforms and Charting Tools |
3.9 |
4.6 |
Deposit and Withdrawal |
4.6 |
4.7 |
Research |
1.5 |
4.4 |
Education |
2.3 |
4.8 |
Support |
3.0 |
4.6 |
Bonuses |
3.8 |
3.9 |
|
|
|
Quotex vs AvaTrade: Pros and Cons
QUOTEX is a broker specializing in binary options trading. The company was established in 2019. Its clients can trade currencies, metals, oil, cryptocurrencies, stock indices and earn a profit of up to 90% of the value of the option. QUOTEX has developed a proprietary trading platform which is easily customized, supports 29 technical indicators and allows investments from USD 10. The broker’s team provides support 24/7. Personal and payment information of the clients are protected with two-factor authentication
AvaTrade was founded in 2006 in Dublin, Ireland. The company has offices in 150 countries. It currently has over 200, 000 registered users and processes more than 2 million transactions every month. These factors contribute to AvaTrade being a reliable and trusted broker. They are accredited across five continents and are one of the market leaders. The broker is regulated by the Australian Securities and Investment Commission (ASIC), the Japanese FSA, and the South African FSCA. AvaTrade holds accreditation by the Central Irish Bank, the Abu Dhabi Financial Services Regulatory Authority, and the British Virgin Islands Financial Services Commission. AvaTrade allows traders to trade stocks, securities, indices, cryptocurrencies, and currency pairs. In total, the offer more than 250 tools to customers.
| Quotex | AvaTrade | |
|---|---|---|
| Overall Pros | Affordable minimum investment amount – USD 10 | Highly regulated broker, licenced on the territory of 5 continents |
| No trading fees and no deposit, withdrawal and account fees | a wide range of trading instruments | |
| Algorithmic trading is technically impossible | Swap-free account | |
| Advanced copy trading tools | ||
| A lot of educational content | ||
| Low fees | ||
| Optioins trading | ||
| Overall Cons | No Regulatory License | customer service efficiency and response time |
| There is no ECN account | ||
| Market maker(dealing desk) type of broker |
Quotex vs AvaTrade: Safety and Regulation
| Quotex | AvaTrade | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
|
Investor protection |
€20,00 |
|
FCA UK Regulation |
No |
|
FINRA (U.S) |
No |
|
BaFin (Germany) |
No |
|
ASIC (Australia) |
Yes |
|
CFTC (U.S) |
No |
|
MAS |
No |
|
FSCA SA |
Yes |
|
BVI FSC |
Yes |
|
VFSC |
No |
|
FSA (Seychelles) |
No |
Quotex vs AvaTrade: Trading Conditions
| Trading Conditions | Quotex | AvaTrade |
|---|---|---|
Minimum Deposit |
$10 |
$100 |
Trading Platforms |
Own platform |
MT4, MT5, AvaTradeGo, AvaOptions |
Max Leverage (Futures) |
Not provided technically |
1-400 |
Supported Markets |
Currencies, raw materials, stocks |
Currency pairs, Forex Options, CFDs on stocks, cryptocurrencies, indices, metals, commodities |
Trading assets |
80+ |
100+ |
Trading Accounts |
Single account for binary options trading |
Standard, Professional account |
Base Account Currencies |
USD, EUR, GBP, BRL, IDR, MYR, INR, KZT, RUB, THB, UAH, VND, NGN, MXN, EGP |
EUR, USD |
Quotex vs AvaTrade: Fees
| Quotex | AvaTrade | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,6 |
|
Standard acc. spread EUR/USD, max pips |
0,9 |
|
ECN Commission |
||
ECN Spread EUR/USD |
||
Deposit fee, % |
No |
|
Withdrawal fee, % |
No |
|
Withdrawal fee, USD |
No |
|
Inactivity fee, $ |
16,66 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Quotex vs AvaTrade: Trading Assets
| Asset Name | Quotex | AvaTrade |
|---|---|---|
Overall |
80+ |
1000+ |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
No |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
No |
Yes (CFD) |
Bonds |
No |
Yes (CFD) |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
Yes |
Binary Options |
No |
No |
Quotex or AvaTrade: Investment Programs
| Asset Name | Quotex | AvaTrade |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
Yes |
Other |
No |
Bonds |
Trading Platforms: AvaTrade or Quotex
| Quotex | AvaTrade | |
|---|---|---|
MT4 |
No |
Yes |
MT5 |
No |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
AvaTradeGo, AvaOptions |
Others |
Own trading platform |
No |
|
|
|
Quotex vs AvaTrade: Deposit and Withdrawal Methods
| Quotex | AvaTrade | |
|---|---|---|
Bank Wire |
||
Bank Card |
||
Neteller |
||
BTC |
||
Wise |
||
Payoneer |
||
USDT |
Quotex vs AvaTrade: Research
| Research Type | Quotex | AvaTrade |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
No |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
No |
Yes |
Quotex vs AvaTrade: Education
| Education Type | Quotex | AvaTrade |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
No |
Yes |
Videos |
No |
Yes |
Cent account |
No |
Yes |
AvaTrade vs Quotex: Support
| Support Features | Quotex | AvaTrade |
|---|---|---|
Working Days |
24/7 |
24/5 |
No |
Yes |
|
Phone |
No |
Yes |
Online chat |
No |
Yes |
Other |
Feedback form |
No |
Quotex vs AvaTrade: Forex Bonuses and Promo
| Promo | Quotex | AvaTrade |
|---|---|---|
Forex Bonus |
Welcome bonus 30% when opening a real account. Cashback, bonus for using "deal cancellation" |
The broker offers its customers a one-time bonus upon first deposit (not for all markets) |
Affiliate Program |
Yes. Payouts up to 80% of income or up to 7% of referral turnover |
A trader can receive up to 400 US dollars for inviting friends. |
Other Promos |
||
|
|
|
Top 5 Reviews on AvaTrade
-
Comment
AvaTrade stands out from competitors due to its geographic range of regulation — the broker is licensed in Ireland, Australia, Japan, South Africa, and the UAE. Client funds are protected through segregated accounts. Customer support is available 24/7, but the platform’s user interface, especially the mobile version, needs updating. For beginners, educational resources are provided, including webinars and guides.
-
Comment
For passive investors, integration with DupliTrade — a trade-copying service — is available. Users can connect their accounts to the platform and follow strategies tested by other participants. The selection of signal providers is limited, but their data is transparent: performance, risk level, and number of followers are clearly shown. Access to the service is granted after opening an account with a minimum of $100.
-
Comment
Trading conditions at AvaTrade suit both conservative and active traders. Leverage up to 1:400 allows for scaling strategies, and the availability of swap-free accounts is beneficial for Islamic clients. The minimum lot is 0.01, which is convenient for cautious trades. However, customer support is not as fast as expected.
-
Comment
Among the 250+ available instruments, AvaTrade offers trading in currencies, cryptocurrencies, indices, metals, and stocks. The company is regulated by several authorities, including ASIC, FSA, FSCA, and the British Financial Services Commission. Support is available 24/7 and operates in 14 languages. On the downside, the web-based platform interface looks outdated and could use improvement.
-
Comment
I’ve used AvaTrade, and I really like its smooth interface and variety of trading options. The spreads are decent, and having multiple platforms like MT4 and AvaTradeGO makes it flexible. I also appreciate the strong regulations, which add a sense of security. The only downside I noticed is that withdrawals can take a bit longer than expected, but overall, it’s been a solid experience.
Top 5 Reviews on Quotex
-
Comment
A QuotexBroker 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.
-
Comment
I found the Quotex interface surprisingly user-friendly. It’s available in six languages, I had no issues using the English version. The app runs fast, especially on Android. Trading is done through the web platform, so there’s no need to download anything. There are 43 instruments available, including 23 currency pairs. I liked that order processing time ranges from 0 to 4 seconds. However, it’s worth noting that stocks aren’t included among the instruments, and there’s no option to set up managed accounts.
-
Comment
Criei a minha conta na Quotex há alguns meses e minha experiência tem sido muito boa. A plataforma é bem limpa e intuitiva, o que foi ótimo pra mim que estava começando e não entendia muito de binarias. A conta demo me ajudou a praticar bastante antes de colocar dinheiro de verdade. Os depósitos e saques (uso o Pix) são bem rápidos e não tive problemas. Recomendo!
-
Comment
"Quotex é uma excelente plataforma para quem busca simplicidade e eficiência no mercado financeiro. Interface intuitiva, funcionalidades incríveis e suporte de qualidade. Perfeita para quem quer transformar conhecimento em resultados!"
-
Comment
I use Quotex as an additional platform, mainly for trading cryptocurrencies and indices. The return is fixed and can reach up to 90% of the stake amount. According to the website, the maximum payout percentage for crypto and indices is up to 25%. I haven’t had any issues with order execution times or the mobile app’s performance. However, the lack of educational materials on the website might be a drawback for some users.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.