Quick verdict
Quotex comes out ahead with a score of 3.7/5, against 3.4/5 for Binolla.
Quotex is best for: High advertised payouts and crypto deposits
Avoid Quotex if: You want a licensed broker or a bonus without heavy turnover rules
Binolla is best for: Crypto users who want high payouts on currency pairs
Avoid Binolla if: You want to pay by card or trade stocks and commodities
Scores side by side
Quotex 3.7/5
- Platform & apps4.5
- Costs & minimums4.5
- Payments4.0
- Support3.5
- Regulation & transparency2.1
Binolla 3.4/5
- Platform & apps4.0
- Costs & minimums4.2
- Payments3.6
- Support3.6
- Regulation & transparency2.0
First look: the two websites
About Quotex and Binolla
Quotex. Quotex is a fixed-time trading platform: you pick an asset, a direction and an expiry, and a correct prediction pays a fixed percentage of your stake. It is known for a simple web platform, high advertised payouts and a wide choice of crypto deposits. The brand has been active since around 2019–2020.
Binolla (2022). Binolla launched in 2022 and offers fixed-time trades on currency pairs, including 5-second scalping trades. It targets traders who already use crypto or e-wallets such as Binance Pay and AdvCash.
Regulation and safetyWinner: Quotex
Neither Quotex nor Binolla is authorised by a top-tier regulator such as the FCA, CySEC or ASIC. Both operate through offshore companies, so there is no compensation scheme and no regulator in your country to complain to.
Official warnings and alert-list entries in our sources: Quotex 2, Binolla 0.
| Feature | Quotex | Binolla |
|---|---|---|
| Regulation | Third-party reviews name ON SPOT LLC GROUP in St Kitts and Nevis as the current operator; earlier it traded as Maxbit LLC and Awesomo Ltd. | The website footer names ZEN E-WAY LTD, with a registered address in Castries, Saint Lucia, and says it is authorised by the Mwali International Services Authority (MISA) under licence T2023319. |
| Regulator warnings on record | CMVM (Portugal), RBI | – |
| Dispute body | No external dispute body | No external dispute body |
On transparency and safety we score Quotex higher (2.1 vs 2.0).
Minimum deposit and feesWinner: Quotex
Both brokers ask for the same minimum deposit: $10. The smallest trade is $1 at Quotex and $1 at Binolla.
| Feature | Quotex | Binolla |
|---|---|---|
| Minimum deposit | $10 | $10 |
| Minimum trade | $1 | $1 |
| Fees | No deposit or withdrawal fee advertised; bonus needs about 100x turnover | No deposit, withdrawal or trading fees advertised |
| Withdrawal fees | None advertised | None advertised; network fees may apply |
| Inactivity fee | Not stated in the sources we reviewed | Not stated in the sources we reviewed |
| Bonus | Tiered deposit bonus (20–35%) with turnover of about 100x the bonus | Up to 50% on the first deposit; bonus funds cannot be withdrawn |
Payouts and the win rate you needWinner: Quotex
Quotex advertises the higher maximum payout (98% vs 92%). That lowers the win rate you need to break even from 52.1% to 50.5%.
| Feature | Quotex | Binolla |
|---|---|---|
| Max. payout | 98% | 92% |
| Break-even win rate | 50.5% | 52.1% |
| Note | Up to 98% advertised on selected assets; often lower in practice | Up to 92% on fixed-time trades; 90% on 5-second scalping |
Advertised maximums apply to selected assets at the best times. Check the payout shown on the trade ticket before you open a trade; it is often lower.
Platform and mobile appWinner: Quotex
Quotex. A proprietary web platform with candlestick and line charts, indicators, drawing tools and a clear trade panel that shows the payout before you open a trade. It loads quickly and needs no download.
Binolla. A clean web platform with a portfolio panel, trade history, price alerts, signals, rankings and a rewards section.
| Feature | Quotex | Binolla |
|---|---|---|
| Platform | Web, Android | Web, Android |
| Android | Yes | Yes |
| iPhone | Web app only | Web app only |
| Extras | Own platform, Advanced charts, Simple interface | Tournaments, Simple interface |
Assets and expiry times
| Feature | Quotex | Binolla |
|---|---|---|
| Number of assets | – | – |
| Markets | Forex, Commodities, Stocks, Indices, Crypto | Forex |
| Expiry times | From about 1 minute; varies by asset | From 5 seconds (scalping) to fixed-time expiries in minutes |
Deposits and withdrawalsWinner: Quotex
Quotex. Minimum withdrawal USD 10 for most methods, higher for some cryptocurrencies. Verification is required. An active bonus blocks withdrawal of the bonus and related profit until its turnover is met.
Binolla. Minimum withdrawal about USD 10 for most methods, after verification, back to the method you deposited with.
| Feature | Quotex | Binolla |
|---|---|---|
| Deposit methods | Bank cards, Crypto | E-wallets, Crypto |
| Withdrawal methods | Bank cards, Crypto | E-wallets, Crypto |
| Minimum withdrawal | $10 | $10 |
| Withdrawal time | Depends on the method; reviewers report a few days | Depends on the method; crypto is usually fastest |
Demo accountDraw
Both brokers offer a free demo account, so you can compare the two platforms with virtual money before you deposit.
| Feature | Quotex | Binolla |
|---|---|---|
| Demo balance | $10,000 | Yes |
| Try without registering | – | – |
Customer supportWinner: Binolla
| Feature | Quotex | Binolla |
|---|---|---|
| Support channels | Email, Help centre | Email, Help centre |
| Support | 3.5/5 | 3.6/5 |
Where you can use themWinner: Quotex
Quotex accepts clients in 165 of the countries we cover, Binolla in 164.
Only Quotex: 1 countries
Hong Kong
Pros and cons
Quotex
- +Payouts advertised up to 98% on some assets
- +USD 10 minimum deposit and trades from USD 1
- +Free USD 10,000 demo account
- +Many cryptocurrency deposit options
- −No government licence; the operating company has changed several times
- −Warnings from Portugal's CMVM and on India's RBI Alert List
- −Deposit bonus requires trading volume of about 100 times the bonus
- −Support by ticket and email only, with no live chat
Binolla
- +Payouts up to 92% and trades from USD 1
- +Modern, fast web platform
- +No deposit, withdrawal or trading fees advertised
- +Demo account without a deposit
- −Offshore MISA licence only; no top-tier regulator
- −No bank cards: crypto and e-wallets only
- −Currency pairs only
- −Short track record
Verdict: Quotex or Binolla?
Quotex wins 6 of 7 categories in this comparison. Quotex comes out ahead with a score of 3.7/5, against 3.4/5 for Binolla.
Whichever you choose, start with the demo, keep your first deposit small and test a withdrawal before you add more. Binary options are high-risk and most retail traders lose money.
Frequently asked questions
Which is better, Quotex or Binolla?
On our score Quotex is ahead (3.7/5 vs 3.4/5). Quotex is best for: High advertised payouts and crypto deposits. Binolla is best for: Crypto users who want high payouts on currency pairs.
Which has the lower minimum deposit, Quotex or Binolla?
Both brokers ask for the same minimum deposit: $10.
Which pays more, Quotex or Binolla?
Quotex advertises the higher maximum payout (98% vs 92%). That lowers the win rate you need to break even from 52.1% to 50.5%.
Are Quotex and Binolla regulated?
Neither holds a licence from a top-tier regulator such as the FCA, CySEC or ASIC. Both operate through offshore companies, so your money has limited protection.
