Short answer
Quotex is ahead on our score, 3.7/5 against 3.4/5 for Binolla.
Quotex fits: High advertised payouts and crypto deposits
Skip Quotex if: You want a licensed platform or a bonus without heavy volume rules
Binolla fits: Crypto users who want high payouts on currency pairs
Skip Binolla if: You want to pay by card or trade shares and commodities
Score by score
Quotex 3.7/5
- Platform and apps4.5
- Costs and minimums4.5
- Payment options4.0
- Support3.5
- Licensing and openness2.1
Binolla 3.4/5
- Platform and apps4.0
- Costs and minimums4.2
- Payment options3.6
- Support3.6
- Licensing and openness2.0
How the two sites look
Quotex and Binolla in brief
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.
Binolla (2022). Binolla launched in 2022 with fixed-time trades on currency pairs, including 5-second scalping. It targets people already using crypto or e-wallets such as Binance Pay and AdvCash, common in much of Asia.
Licence and safetyBetter here: Quotex
Neither Quotex nor Binolla 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: Quotex 2, Binolla 0.
| What we compare | Quotex | Binolla |
|---|---|---|
| Licence | Third-party reviews name ON SPOT LLC GROUP in St Kitts and Nevis as the current operator, after Maxbit LLC and Awesomo Ltd. | The footer names ZEN E-WAY LTD of Castries, Saint Lucia, authorised by the Mwali International Services Authority (MISA) under licence T2023319. |
| Official warnings we found | CMVM, RBI | – |
| Dispute body | No outside dispute body | No outside dispute body |
On licensing and openness Quotex scores higher (2.1 vs 2.0).
Entry cost and chargesBetter here: Quotex
Both ask for the same first deposit: $10. The smallest trade is $1 on Quotex and $1 on Binolla.
| What we compare | Quotex | Binolla |
|---|---|---|
| Lowest deposit | $10 | $10 |
| Lowest trade | $1 | $1 |
| Charges | No pay-in or pay-out fee listed; bonus volume around 100 times | No pay-in, pay-out or trading fee listed |
| Pay-out charges | None listed | None listed; network fees may apply |
| Dormant account fee | Not stated in the sources we checked | Not stated in the sources we checked |
| Bonus | Tiered deposit bonus (20–35%) with volume of about 100x the bonus | Up to 50% on the first deposit; bonus funds can't be withdrawn |
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 | Quotex | Binolla |
|---|---|---|
| Top payout | 98% | 92% |
| Win rate to break even | 50.5% | 52.1% |
| Note | Up to 98% on selected assets; often lower in practice | Up to 92% on fixed-time; 90% on 5-second scalping |
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
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.
Binolla. A clean web platform with portfolio panel, history, price alerts, signals, rankings and rewards.
| What we compare | Quotex | Binolla |
|---|---|---|
| Platform | Browser, Android | Browser, Android |
| Android | Yes | Yes |
| iPhone | Browser app only | Browser app only |
| Extras | In-house platform, Strong charts, Easy layout | Contests, Easy layout |
Instruments and trade durations
| What we compare | Quotex | Binolla |
|---|---|---|
| Instruments | – | – |
| Markets | Currencies, Commodities, Shares, Indices, Crypto | Currencies |
| Trade durations | From about 1 minute; varies by asset | From 5 seconds (scalping) to fixed-time trades of minutes |
Paying in and cashing outBetter here: Quotex
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.
Binolla. About USD 10 minimum for most methods, after verification, back to the deposit method.
| What we compare | Quotex | Binolla |
|---|---|---|
| Pay-in methods | Cards, Crypto | E-wallets, Crypto |
| Pay-out methods | Cards, Crypto | E-wallets, Crypto |
| Smallest withdrawal | $10 | $10 |
| Pay-out speed | Depends on method; reviewers report a few days | Depends on method; crypto is usually quickest |
Practice accountLevel
Both have a free practice account, so you can try the two platforms with virtual money before depositing.
| What we compare | Quotex | Binolla |
|---|---|---|
| Practice balance | $10,000 | Yes |
| Try without signing up | – | – |
SupportBetter here: Binolla
| What we compare | Quotex | Binolla |
|---|---|---|
| How to reach support | Email, Help pages | Email, Help pages |
| Support | 3.5/5 | 3.6/5 |
Which markets they acceptBetter here: Quotex
Quotex accepts residents of 18 of the markets we cover, Binolla of 17.
Only Quotex: 1 markets
Hong Kong
Strengths and weak points
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
Binolla
- +Payouts up to 92% and trades from USD 1
- +Modern, fast web platform
- +No deposit, withdrawal or trading fee listed
- +Demo without depositing
- −Only an offshore MISA licence
- −No cards: crypto and e-wallets only
- −Currency pairs only
- −Short track record
So, Quotex or Binolla?
Quotex is better in 6 of 7 categories here. Quotex is ahead on our score, 3.7/5 against 3.4/5 for Binolla.
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
Quotex or Binolla: which is better?
Quotex is ahead on our score (3.7/5 vs 3.4/5). Quotex fits: High advertised payouts and crypto deposits. Binolla fits: Crypto users who want high payouts on currency pairs.
Which needs a smaller deposit, Quotex or Binolla?
Both ask for the same first deposit: $10.
Which pays more, Quotex or Binolla?
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 Quotex or Binolla?
No leading regulator and no Asian regulator licenses either of them. Both work through offshore companies, so your money has little protection.
