Comparison of Quotex and RaceOption
| Feature | Quotex | RaceOption |
|---|---|---|
| Broker | ||
| Year Founded | 2019 | 2017 |
| Broker Type | MM | MM |
| Dealing | B-book | B-book |
| Execution | Instant | Instant |
| Regulation | IFC | - |
| Platforms | Quadcode | RaceOption |
| Spread | - N/A | - N/A |
| Maximum Leverage | 1:1 | 1:1 |
| Minimum Deposit | $10 | $250 |
| Base Currencies | USD, EUR, GBP, BRL, IDR, MYR, INR, KZT, RUB, THB, UAH, VND, NGN, EGP, MXN, JPY, BDT, PKR, PHP, TRY, KRW | USD, EUR, GBP, RUB |
| Funding Methods | Visa, Mastercard, Perfect Money, YooMoney, FKWallet, Binance Pay, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Tether (USDT), USD Coin (USDC), Dogecoin (DOGE), Cardano (ADA), XRP (XRP), Binance Coin (BNB), TRON (TRX) | Visa, Mastercard, Perfect Money, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC) |
| Inactivity Fee | ✖ | $10 per month after 1 month of inactivity |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | - | - |
| Protection Size | - | - |
| Segregated Accounts | ✖ | ✖ |
| Negative Balance Protection | ✖ | ✖ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✖ | ✔ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✖ | ✖ |
| EAs/Robots | ✖ | ✖ |
| Depth of Market (DOM) | ✖ | ✖ |
| Tradable Assets (CFDs) | Currencies, Commodities, Indices, Stocks | Currencies, Commodities, Indices, Stocks, Cryptocurrencies |
| Review | Quotex Review | RaceOption Review |
About Quotex
Quotex is an offshore digital options platform launched in 2019. The broker attracts traders with a low entry threshold (deposits from just $10 and trades from $1), high potential returns of up to 98% and a convenient proprietary web platform with 24/7 support. There are more than 50 assets to choose from: currency pairs, commodities, stocks and indices. At the same time, Quotex is not regulated by reputable financial authorities: the company is registered in St Kitts & Nevis, and the IFMRRC certificate is no longer valid, so investor protection is limited. Despite this, the broker remains popular thanks to instant deposits and withdrawals without commissions, generous deposit bonuses and regular tournaments with a prize pool.
Pros
- Minimum deposit $10 and trades from $1
- High payouts - up to 98% on VIP account
- Own convenient web platform and Android application
- Fast withdrawal without commissions
- Bonuses and tournaments
Cons
- No license from top regulators, investor protection is limited
- Only binary options are available, no classic Forex/CFD
- Max. transaction volume is limited to $1000
- Poor training materials and analytics
About RaceOption
RaceOption is an offshore broker established in 2017 that specialises in high-frequency binary options. Traders can start with a $250 Bronze account, place orders from just $1, and earn payouts of up to 95%. The proprietary web and mobile platform supports 100+ assets and offers copy-trading, weekend markets and 24/7 multilingual video chat. Withdrawals are typically processed within one hour.
Pros
- Payouts up to 95% and expiries from 5 seconds
- Fast, fee-free deposits and 1-hour withdrawals
- Copy-trading, contests and weekly prize draws
- 24/7 trading, including weekends, with live video support
Cons
- No top-tier regulation or investor-protection scheme
- High minimum deposit compared with some competitors
- Demo account gated behind initial deposit
- No support for MT4/MT5 or automated EAs
Quotex & RaceOption Regulation
| Feature | Quotex | RaceOption |
|---|---|---|
Companies | ON SPOT LLC GROUP | Makerun Corp. |
Countries | Saint Kitts and Nevis | Marshall Islands |
Regulators | IFC | - |
Investor Protection | - | - |
Investor Protection Size | - | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Quotex | RaceOption |
|---|---|---|
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | Standard | Bronze |
| Minimum Deposit | $10 | $250 |
| Option Types | High/Low, Turbo | High/Low, Turbo, Ladder |
| Minimum Stake | $1 | $1 |
| Payout | from 20% to 92% | from 60% to 95% |
| Expiration Time | from 60 seconds to 4 hours | from 5 seconds to 30 days |
Funding and Fees
| Feature | Quotex | RaceOption |
|---|---|---|
Base currencies | USD, EUR, GBP, BRL, IDR, MYR, INR, KZT, RUB, THB, UAH, VND, NGN, EGP, MXN, JPY, BDT, PKR, PHP, TRY, KRW | USD, EUR, GBP, RUB |
Deposit and withdrawal methods | Visa, Mastercard, Perfect Money, YooMoney, FKWallet, Binance Pay, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Tether (USDT), USD Coin (USDC), Dogecoin (DOGE), Cardano (ADA), XRP (XRP), Binance Coin (BNB), TRON (TRX) | Visa, Mastercard, Perfect Money, Skrill, Neteller, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC) |
Inactivity fee | $10 per month after 1 month of inactivity | |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Quotex | RaceOption |
|---|---|---|
Trading Platforms | Quadcode | RaceOption |
Execution Speed | 10 ms | 100 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | N/A | N/A |
Trading Assets
| Asset | Quotex | RaceOption |
|---|---|---|
Currencies | 24 | 25 |
Indices | 13 | 10 |
Stocks | 8 | 50 |
Cryptocurrencies | 0 | 13 |
Bonds | 0 | 0 |
Metals | 4 | 2 |
Energies | 2 | 4 |
Soft Commodities | 0 | 0 |
ETFs | 0 | 0 |
Education and Analytics
| Feature | Quotex | RaceOption |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
| Bonus | Quotex | RaceOption |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | — | 100%, up to $2000 |
| Details | — | Learn More |
Contests
| Feature | Quotex | RaceOption |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List |
| — |
| Live Contests | ||
| Is available | ||
| Contests List | — |
|
- Quotex tournamentsStart Balance: $100 · Prize Pool: $5000 · Period: DailyLearn More
- Weekly Trader ContestStart Balance: $10000 · Prize Pool: $10000 · Period: WeeklyLearn More
Customer Support
| Contact | Quotex | RaceOption |
|---|---|---|
Email | — | support@raceoption.com |
Phone | — | +18299476393 |
Telegram | Telegram | — |
Facebook | — | |
Instagram | ||
Twitter | — |
Which Broker is Better?
After comparing Quotex and RaceOption, Quotex comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.