Head-to-head
Quotex vs Deriv
An at-a-glance breakdown of both brokers across the metrics that matter most to Indian short-term traders.
Quotex
Quotex is a fixed-time trading broker known for industry-leading payouts of up to 98% on selected assets, a $10 entry point and a clean, distraction-free interface. It supports over 400 instruments and accepts a wide range of crypto deposits.
Visit BrokerDeriv
Deriv (formerly Binary.com) has been operating since 1999 and is one of the few binary-style brokers with multiple tier-2 licenses. Its DTrader and DBot platforms cover digital options, multipliers and 24/7 synthetic indices alongside forex and CFDs.
Visit Broker| Metric | Quotex | Deriv |
|---|---|---|
| Overall rating | 4.3 / 5 | 4.6 / 5 |
| Minimum deposit | $10 | $5 |
| Maximum payout | 98% | 95% |
| Regulation | IFMRRC | MFSA, LFSA, VFSC, BVI FSC |
| Platform | Quotex proprietary platform | DTrader, DBot, MT5 |
| Demo account | ||
| Mobile app | ||
| Execution speed | ~0.1s average | <0.1s on synthetic markets |
| Withdrawals | Up to 24h via crypto, 1–5 days via card | 1–3 business days, free internal transfers |
| Best for | Highest payouts | Regulation & product depth |
Our recommendation
For most Indian traders, Deriv edges out with a 4.6/5 editorial score thanks to its regulation & product depth. That said, Quotex remains a strong pick if highest payouts matters more to your style.