Quotex vs Binomo
Start with regulation, country restrictions, and withdrawal evidence before comparing platform features or payout marketing.
Reviewed by the TBO Editorial Desk. This page is informational research, not investment, legal, tax, or licensing advice. Source dates are shown so readers can re-check sensitive claims.
Digital-options platform tracked for minimum deposit, product scope, country restrictions, and source freshness.
Fixed-time trading brand with official educational material referencing demo access and low starting deposit.
| Check | Quotex | Binomo |
|---|---|---|
| Risk label | high | high |
| Source confidence | Official basics | Official basics |
| Minimum deposit | $10 | $10 |
| Demo account | Available | Available |
| Regulation | No confirmed tier-one license; third-party regulation leads do not show FCA/CySEC/ASIC-style supervision | Financial Commission membership is referenced in official copy, but no verified state-tier broker license was confirmed |
| Withdrawal time | Official FAQ states withdrawals average 1-5 days after request receipt | Needs method-level verification; third-party records are complaint leads, not verified withdrawal outcomes |
| Restriction evidence | 7 restriction rows: 3 manual-check sources; 4 source-claim/needs-recheck or internal gap rows. | 4 restriction rows: 2 manual-check sources; 2 source-claim/needs-recheck or internal gap rows. |
| Last verified | May 13, 2026 | May 12, 2026 |
Country and restriction rows keep source strength visible. Unclear rows are not treated as confirmed legal conclusions.
Third-party geo lead: United States appears in the current TBO restriction notes for Quotex. Verify against current broker terms and local regulator rules.
Needs recheck: Third-party country-availability summary. Reconcile with broker terms and local regulator rules before publishing geo claims as facts.
Traders UnionThird-party geo lead: Canada appears in the current TBO restriction notes for Quotex. Verify against current broker terms and local regulator rules.
Needs recheck: Third-party country-availability summary. Reconcile with broker terms and local regulator rules before publishing geo claims as facts.
Traders UnionThird-party geo lead: Hong Kong appears in the current TBO restriction notes for Quotex. Verify against current broker terms and local regulator rules.
Needs recheck: Third-party country-availability summary. Reconcile with broker terms and local regulator rules before publishing geo claims as facts.
Traders UnionEEA checks required appears in the current TBO restriction notes for Quotex. Verify against current broker terms and local regulator rules.
Needs recheck: Third-party country-availability summary. Reconcile with broker terms and local regulator rules before publishing geo claims as facts.
Traders UnionIndia RBI Alert List caution appears in the current TBO restriction notes for Quotex. Verify against current broker terms and local regulator rules.
Manual check: Verified RBI Alert List names Quotex among entities/platforms not authorised under FEMA or ETP directions. This is an India-specific authorization caution, not a global licensing finding.
Reserve Bank of IndiaIndonesia SWI/OJK warning reported by government source appears in the current TBO restriction notes for Quotex. Verify against current broker terms and local regulator rules.
Manual check: Verified Indonesian government page reports SWI/OJK warnings about unregistered binary options and brokers and names Quotex. This is Indonesia-specific warning context, not a global licensing finding.
Cabinet Secretariat of the Republic of IndonesiaBrazil CVM warning on Maxbit LLC / Quotex brand appears in the current TBO restriction notes for Quotex. Verify against current broker terms and local regulator rules.
Manual check: Verified CVM warning says Maxbit LLC used the Quotex brand and was not authorised for securities intermediation or investor fund collection.
Comissão de Valores MobiliáriosCountry and restriction rows keep source strength visible. Unclear rows are not treated as confirmed legal conclusions.
United States checks required appears in the current TBO restriction notes for Binomo. Verify against current broker terms and local regulator rules.
Source claim: Supports Binomo's own account-basics and brand-history claims; it does not verify authorization, withdrawals, or country availability.
Binomo BlogEEA checks required appears in the current TBO restriction notes for Binomo. Verify against current broker terms and local regulator rules.
Source claim: Supports Binomo's own account-basics and brand-history claims; it does not verify authorization, withdrawals, or country availability.
Binomo BlogIndia RBI Alert List caution appears in the current TBO restriction notes for Binomo. Verify against current broker terms and local regulator rules.
Manual check: Verified RBI Alert List names Binomo among entities/platforms not authorised under FEMA or ETP directions. This is an India-specific authorization caution, not a global licensing finding.
Reserve Bank of IndiaIndonesia SWI/OJK warning reported by government source appears in the current TBO restriction notes for Binomo. Verify against current broker terms and local regulator rules.
Manual check: Verified Indonesian government page reports SWI/OJK warnings about unregistered binary options and brokers and names Binomo. This is Indonesia-specific warning context, not a global licensing finding.
Cabinet Secretariat of the Republic of IndonesiaSource confidence, restrictions, and unresolved claims to review first.
Official FAQ source-claim supports the minimum deposit field
Source claim: Supports Quotex/QxBroker account-funding and product-basics claims only; regulation, country availability, and withdrawal outcomes need separate evidence.
QxBrokerThird-party country lists need official confirmation before being treated as availability facts
Source claim: Public affiliate terms support commission-model language, but payout rails, geo eligibility, cookie duration, and agreement-level rules still need verification.
Quotex AffiliateRBI, Indonesia and CVM warning records require prominent country-specific caution
Manual check: Verified CVM warning says Maxbit LLC used the Quotex brand and was not authorised for securities intermediation or investor fund collection.
Comissão de Valores MobiliáriosSource confidence, restrictions, and unresolved claims to review first.
Official blog source references $10 minimum deposit
Manual check: Verified RBI Alert List names Binomo among entities/platforms not authorised under FEMA or ETP directions. This is an India-specific authorization caution, not a global licensing finding.
Reserve Bank of IndiaRegulatory and country availability require manual verification
Manual check: Verified RBI Alert List names Binomo among entities/platforms not authorised under FEMA or ETP directions. This is an India-specific authorization caution, not a global licensing finding.
Reserve Bank of IndiaRBI and Indonesia warning records require country-specific caution
Manual check: Verified RBI Alert List names Binomo among entities/platforms not authorised under FEMA or ETP directions. This is an India-specific authorization caution, not a global licensing finding.
Reserve Bank of IndiaAlternatives are not recommendations. They are next profiles to compare by source confidence, restrictions, and risk.
Quick trading / binary options
High-visibility quick-trading brand with official account/payment pages and regulator warning records that require prominent risk treatment.
Deposit
$5; method and country can vary
Demo
$50,000 virtual demo balance is an official blog source-claim
Fixed-time trades
Fixed-time trading brand with official educational material referencing demo access and low starting deposit.
Deposit
$10
Demo
Available
Options and derivatives
Options and derivatives platform with comparatively strong official documentation for regulation, product types, payment methods, apps, and partner terms.
Deposit
Low entry; method-dependent
Demo
Available