Olymp Trade vs Quotex 2026: which is better?
We compared Olymp Trade and Quotex on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Olymp Trade offers a swap-free Islamic account; Quotex does not.
Comparison table
| Comparison table |
Olymp Trade
Binary options platform
|
Quotex Binary options platform |
|---|---|---|
| Licences | VFSC | — |
| Minimum deposit | $10 | $10 |
| Max payout | 95% | 98% |
| Minimum trade | $1 | — |
| Deposit methods | Bank transfer, Visa / Mastercard, Crypto | Visa / Mastercard, Crypto |
| Trading platforms | Web, Android, iOS | 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 |
| Founded | 2014 | — |
| Headquarters | Port Vila, Vanuatu | 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 Olymp Trade if you
- need a swap-free Islamic account
Frequently asked questions
Which is better, Olymp Trade or Quotex?
We compared Olymp Trade and Quotex on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Olymp Trade offers a swap-free Islamic account; Quotex does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Olymp Trade and Quotex regulated?
Olymp Trade licences: VFSC. Quotex licences: no verified licences on record.
What is the minimum deposit at Olymp Trade and Quotex?
Olymp Trade: $10. Quotex: $10.
Do Olymp Trade and Quotex offer an Islamic account?
Olymp Trade: Yes. Quotex: No.