Quick verdict
Quotex comes out ahead with a score of 3.7/5, against 3.0/5 for BinaryCent.
BinaryCent is best for: Experienced traders who want weekly tournaments
Avoid BinaryCent if: You have a small budget or dislike bonus conditions
Quotex is best for: High advertised payouts and crypto deposits
Avoid Quotex if: You want a licensed broker or a bonus without heavy turnover rules
Scores side by side
BinaryCent 3.0/5
- Platform & apps3.8
- Costs & minimums2.9
- Payments3.7
- Support3.6
- Regulation & transparency1.5
Quotex 3.7/5
- Platform & apps4.5
- Costs & minimums4.5
- Payments4.0
- Support3.5
- Regulation & transparency2.1
First look: the two websites
About BinaryCent and Quotex
BinaryCent (2017). BinaryCent has offered binary options, forex and CFDs since 2017 through its own browser platform. It targets active traders with tournaments and deposit bonuses.
Quotex. Quotex is a fixed-time trading platform: you pick an asset, a direction and an expiry, and a correct prediction pays a fixed percentage of your stake. It is known for a simple web platform, high advertised payouts and a wide choice of crypto deposits. The brand has been active since around 2019–2020.
Regulation and safetyWinner: Quotex
Neither BinaryCent nor Quotex is authorised by a top-tier regulator such as the FCA, CySEC or ASIC. Both operate through offshore companies, so there is no compensation scheme and no regulator in your country to complain to.
Official warnings and alert-list entries in our sources: BinaryCent 0, Quotex 2.
| Feature | BinaryCent | Quotex |
|---|---|---|
| Regulation | No. Cent Projects Ltd operates it offshore without a financial licence. | Third-party reviews name ON SPOT LLC GROUP in St Kitts and Nevis as the current operator; earlier it traded as Maxbit LLC and Awesomo Ltd. |
| Regulator warnings on record | – | CMVM, RBI |
| Dispute body | No external dispute body | No external dispute body |
On transparency and safety we score Quotex higher (2.1 vs 1.5).
Minimum deposit and feesWinner: Quotex
Quotex is cheaper to start with: the minimum deposit is $10, against $250 at BinaryCent. The smallest trade is $0.10 at BinaryCent and $1 at Quotex.
| Feature | BinaryCent | Quotex |
|---|---|---|
| Minimum deposit | $250 | $10 |
| Minimum trade | $0.10 | $1 |
| Fees | Bonus turnover reported at 40x; USD 250 minimum top-up | No deposit or withdrawal fee advertised; bonus needs about 100x turnover |
| Withdrawal fees | No platform fee advertised | None advertised |
| Inactivity fee | Check the current terms | Not stated in the sources we reviewed |
| Bonus | 20–100% deposit bonuses; turnover reported at 40x | Tiered deposit bonus (20–35%) with turnover of about 100x the bonus |
Payouts and the win rate you needWinner: Quotex
Quotex advertises the higher maximum payout (98% vs 95%). That lowers the win rate you need to break even from 51.3% to 50.5%.
| Feature | BinaryCent | Quotex |
|---|---|---|
| Max. payout | 95% | 98% |
| Break-even win rate | 51.3% | 50.5% |
| Note | 95% is the advertised maximum; VIP adds a payout boost | Up to 98% advertised on selected assets; often lower in practice |
Advertised maximums apply to selected assets at the best times. Check the payout shown on the trade ticket before you open a trade; it is often lower.
Platform and mobile appWinner: Quotex
BinaryCent. A browser platform with short expiries from seconds, tournaments and account-level boosts.
Quotex. A proprietary web platform with candlestick and line charts, indicators, drawing tools and a clear trade panel that shows the payout before you open a trade. It loads quickly and needs no download.
| Feature | BinaryCent | Quotex |
|---|---|---|
| Platform | Web, Android, iOS | Web, Android |
| Android | Yes | Yes |
| iPhone | Yes | Web app only |
| Extras | Account tiers, Tournaments | Own platform, Advanced charts, Simple interface |
Assets and expiry times
| Feature | BinaryCent | Quotex |
|---|---|---|
| Number of assets | 160+ | – |
| Markets | Forex, Crypto, Commodities, Stocks, Indices | Forex, Commodities, Stocks, Indices, Crypto |
| Expiry times | From 5 seconds | From about 1 minute; varies by asset |
Deposits and withdrawalsWinner: Quotex
BinaryCent. Minimum withdrawal USD 20; faster processing on higher tiers.
Quotex. Minimum withdrawal USD 10 for most methods, higher for some cryptocurrencies. Verification is required. An active bonus blocks withdrawal of the bonus and related profit until its turnover is met.
| Feature | BinaryCent | Quotex |
|---|---|---|
| Deposit methods | Bank cards, Crypto | Bank cards, Crypto |
| Withdrawal methods | Bank cards, Crypto | Bank cards, Crypto |
| Minimum withdrawal | $20 | $10 |
| Withdrawal time | Faster on higher tiers | Depends on the method; reviewers report a few days |
Demo accountWinner: Quotex
Only Quotex offers a free demo account in our sources.
| Feature | BinaryCent | Quotex |
|---|---|---|
| Demo balance | No | $10,000 |
| Try without registering | – | – |
Customer supportWinner: BinaryCent
| Feature | BinaryCent | Quotex |
|---|---|---|
| Support channels | Live chat, Email | Email, Help centre |
| Support | 3.6/5 | 3.5/5 |
Where you can use themDraw
BinaryCent accepts clients in 38 of the countries we cover, Quotex in 38.
Pros and cons
BinaryCent
- +Trades from USD 0.10
- +Weekly trading tournaments
- +Payouts advertised up to 95%
- +Crypto deposits accepted
- −Highest minimum deposit in this ranking: USD 250, also for top-ups
- −No regulator; third-party reports of warning-list entries
- −Bonuses require heavy turnover before withdrawal
- −No free demo account confirmed
Quotex
- +Payouts advertised up to 98% on some assets
- +USD 10 minimum deposit and trades from USD 1
- +Free USD 10,000 demo account
- +Many cryptocurrency deposit options
- −No government licence; the operating company has changed several times
- −Warnings from Portugal's CMVM and on India's RBI Alert List
- −Deposit bonus requires trading volume of about 100 times the bonus
- −Support by ticket and email only, with no live chat
Verdict: BinaryCent or Quotex?
Quotex wins 5 of 7 categories in this comparison. Quotex comes out ahead with a score of 3.7/5, against 3.0/5 for BinaryCent.
Whichever you choose, start with the demo, keep your first deposit small and test a withdrawal before you add more. Binary options are high-risk and most retail traders lose money.
Frequently asked questions
Which is better, BinaryCent or Quotex?
On our score Quotex is ahead (3.7/5 vs 3.0/5). Quotex is best for: High advertised payouts and crypto deposits. BinaryCent is best for: Experienced traders who want weekly tournaments.
Which has the lower minimum deposit, BinaryCent or Quotex?
Quotex is cheaper to start with: the minimum deposit is $10, against $250 at BinaryCent.
Which pays more, BinaryCent or Quotex?
Quotex advertises the higher maximum payout (98% vs 95%). That lowers the win rate you need to break even from 51.3% to 50.5%.
Are BinaryCent and Quotex regulated?
Neither holds a licence from a top-tier regulator such as the FCA, CySEC or ASIC. Both operate through offshore companies, so your money has limited protection.