Short answer
Quotex is ahead on our score, 3.7/5 against 3.4/5 for Binarium.
Binarium fits: Testing with the smallest possible deposit
Skip Binarium if: You want any outside protection for your money
Quotex fits: High advertised payouts and crypto deposits
Skip Quotex if: You want a licensed platform or a bonus without heavy volume rules
Score by score
Binarium 3.4/5
- Platform and apps3.8
- Costs and minimums4.5
- Payment options3.9
- Support3.5
- Licensing and openness1.6
Quotex 3.7/5
- Platform and apps4.5
- Costs and minimums4.5
- Payment options4.0
- Support3.5
- Licensing and openness2.1
How the two sites look
Binarium and Quotex in brief
Binarium (2012). Binarium has sold fixed-time options since 2012, historically to Russian-speaking markets, with very low minimums for small accounts.
Quotex. Quotex is a fixed-time platform: pick an asset, a direction and a timer, and a correct call pays a set percentage. It is known for a simple web platform, high advertised payouts and many crypto deposit options, and has run since about 2019–2020.
Licence and safetyBetter here: Quotex
Neither Binarium nor Quotex is authorised by a leading regulator or by any regulator in Asia. Both run through offshore companies, so there is no compensation fund and no local authority to complain to.
Official warnings and alert-list entries we found: Binarium 1, Quotex 2.
| What we compare | Binarium | Quotex |
|---|---|---|
| Licence | No. Binarium Ltd in St Vincent and the Grenadines has no licence and no dispute body. | Third-party reviews name ON SPOT LLC GROUP in St Kitts and Nevis as the current operator, after Maxbit LLC and Awesomo Ltd. |
| Official warnings we found | Bank of Russia | CMVM, RBI |
| Dispute body | No outside dispute body | No outside dispute body |
On licensing and openness Quotex scores higher (2.1 vs 1.6).
Entry cost and chargesLevel
Binarium is cheaper to open: its minimum deposit is $5, compared with $10 at Quotex. The smallest trade is $1 on Binarium and $1 on Quotex.
| What we compare | Binarium | Quotex |
|---|---|---|
| Lowest deposit | $5 | $10 |
| Lowest trade | $1 | $1 |
| Charges | No pay-in or pay-out fee listed | No pay-in or pay-out fee listed; bonus volume around 100 times |
| Pay-out charges | None listed | None listed |
| Dormant account fee | Check the current terms | Not stated in the sources we checked |
| Bonus | Deposit bonuses with volume rules | Tiered deposit bonus (20–35%) with volume of about 100x the bonus |
Payouts and the win rate you needBetter here: Quotex
Quotex advertises the higher top payout (98% vs 92%), which cuts the win rate you need to break even from 52.1% to 50.5%.
| What we compare | Binarium | Quotex |
|---|---|---|
| Top payout | 92% | 98% |
| Win rate to break even | 52.1% | 50.5% |
| Note | Sources cite a top payout of 90–92% | Up to 98% on selected assets; often lower in practice |
Top payouts apply to a few assets at the busiest hours. Look at the payout on the trade ticket before you open a trade; it is often lower.
Platform and phone appsBetter here: Quotex
Binarium. A web terminal with turbo trades (1–5 minutes) and longer trades in 15-minute steps up to months.
Quotex. An in-house web platform with candle and line charts, indicators, drawing tools and a panel that shows the payout before you open a trade. It loads fast and needs no download.
| What we compare | Binarium | Quotex |
|---|---|---|
| Platform | Browser, Android | Browser, Android |
| Android | Yes | Yes |
| iPhone | No | Browser app only |
| Extras | Account levels, Small minimum | In-house platform, Strong charts, Easy layout |
Instruments and trade durations
| What we compare | Binarium | Quotex |
|---|---|---|
| Instruments | – | – |
| Markets | Currencies, Crypto, Commodities, Indices | Currencies, Commodities, Shares, Indices, Crypto |
| Trade durations | 60 seconds – 3 months | From about 1 minute; varies by asset |
Paying in and cashing outBetter here: Quotex
Binarium. USD 5 minimum; documents may be requested first.
Quotex. USD 10 minimum for most methods, more for some coins. Verification is required, and an active bonus blocks withdrawal of the bonus and related profit until its volume is met.
| What we compare | Binarium | Quotex |
|---|---|---|
| Pay-in methods | Cards, E-wallets, Crypto | Cards, Crypto |
| Pay-out methods | Cards, E-wallets, Crypto | Cards, Crypto |
| Smallest withdrawal | $5 | $10 |
| Pay-out speed | Depends on method and level | Depends on method; reviewers report a few days |
Practice accountLevel
Both have a free practice account, so you can try the two platforms with virtual money before depositing.
| What we compare | Binarium | Quotex |
|---|---|---|
| Practice balance | Yes | $10,000 |
| Try without signing up | – | – |
SupportLevel
| What we compare | Binarium | Quotex |
|---|---|---|
| How to reach support | Live chat, Email | Email, Help pages |
| Support | 3.5/5 | 3.5/5 |
Which markets they acceptLevel
Binarium accepts residents of 18 of the markets we cover, Quotex of 18.
Strengths and weak points
Binarium
- +USD 5 minimum deposit and withdrawal
- +Trades from 60 seconds to 3 months
- +Copy trading service
- +Simple platform for small accounts
- −No regulator and no dispute body
- −European regulator warnings reported by third parties
- −Fewer payment methods than the big names
- −Few support channels
Quotex
- +Advertised payouts up to 98% on some assets
- +USD 10 deposits and USD 1 trades
- +Free USD 10,000 demo
- +Long list of crypto deposit options
- −No licence; the operating company has changed several times
- −Named by Pakistan's SECP, India's RBI and Portugal's CMVM
- −Bonus needs volume of roughly 100 times its value
- −Tickets and email only, no live chat
So, Binarium or Quotex?
Quotex is better in 4 of 7 categories here. Quotex is ahead on our score, 3.7/5 against 3.4/5 for Binarium.
Whichever you pick, practise on the demo first, keep the first deposit small and withdraw part of it before adding more. Binary options are high-risk and most retail accounts lose money.
Quick answers
Binarium or Quotex: which is better?
Quotex is ahead on our score (3.7/5 vs 3.4/5). Quotex fits: High advertised payouts and crypto deposits. Binarium fits: Testing with the smallest possible deposit.
Which needs a smaller deposit, Binarium or Quotex?
Binarium is cheaper to open: its minimum deposit is $5, compared with $10 at Quotex.
Which pays more, Binarium or Quotex?
Quotex advertises the higher top payout (98% vs 92%), which cuts the win rate you need to break even from 52.1% to 50.5%.
Does any regulator supervise Binarium or Quotex?
No leading regulator and no Asian regulator licenses either of them. Both work through offshore companies, so your money has little protection.
