Head-to-head
Quotex vs IQ Option
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 BrokerIQ Option
IQ Option has served over 40 million users since 2013 and remains one of the most recognizable binary options brands. EU clients trade FX options under CySEC oversight, while international clients access digital options, classic binaries and CFDs.
Visit Broker| Metric | Quotex | IQ Option |
|---|---|---|
| Overall rating | 4.3 / 5 | 3.9 / 5 |
| Minimum deposit | $10 | $10 |
| Maximum payout | 98% | 95% |
| Regulation | IFMRRC | CySEC (EU clients) |
| Platform | Quotex proprietary platform | IQ Option proprietary |
| Demo account | ||
| Mobile app | ||
| Execution speed | ~0.1s average | ~0.2s average |
| Withdrawals | Up to 24h via crypto, 1–5 days via card | 1 business day on e-wallets |
| Best for | Highest payouts | Award-winning platform |
Our recommendation
For most Indian traders, Quotex edges out with a 4.3/5 editorial score thanks to its highest payouts. That said, IQ Option remains a strong pick if award-winning platform matters more to your style.