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IQ Option vs Quotex 2026: which is better?

We compared IQ Option and Quotex on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.

Key differences

Comparison table

Comparison table IQ Option IQ Option Binary options platform Quotex Binary options platform
Minimum deposit $10 $10
Max payout 95% 98%
Minimum trade $1 —
Deposit methods Bank transfer, Visa / Mastercard, Skrill, Apple Pay, Google Pay, InstaPay, Vodafone Cash Visa / Mastercard, Crypto
Trading platforms Web, Android, iOS, Windows, macOS Web, Android
Markets Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices
Islamic account ✓ Yes —
Demo account ✓ Yes ✓ Yes
Copy trading ✓ Yes —
Founded 2013 —
Headquarters St. John's, Antigua and Barbuda Charlestown, Saint Kitts and Nevis
Read the review Read the review

Data is for information only and may change; always check the official website before opening an account.

Add a third broker to the comparison

Choose IQ Option if you

  • need a swap-free Islamic account
  • want to copy other traders
Full IQ Option review

Frequently asked questions

Which is better, IQ Option or Quotex?

We compared IQ Option and Quotex on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. IQ Option offers a swap-free Islamic account; Quotex does not. IQ Option offers copy trading; Quotex does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.

Are IQ Option and Quotex regulated?

IQ Option licences: no verified licences on record. Quotex licences: no verified licences on record.

What is the minimum deposit at IQ Option and Quotex?

IQ Option: $10. Quotex: $10.

Do IQ Option and Quotex offer an Islamic account?

IQ Option: Yes. Quotex: No.