Quotex vs Pocket Option 2023: Which trading platform is better?

Jeremy Biberdorf
By: Jeremy Biberdorf
 
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Navigating the world of online trading platforms can be tricky. There are a plethora of choices, but today we’ll compare two popular platforms: Quotex and Pocket Option. By delving into their key features, usability, and customer support, we’ll determine which one might be a better fit for your trading needs.

Pocket Option is better for:Quotex is better for:
Beginner traders who value an intuitive platformExperienced traders seeking advanced charting tools
Traders looking for extensive educational resourcesTraders looking for a customizable trading interface
Those preferring a platform with diverse asset offeringsThose who prioritize swift trade execution

Introducing the Platforms

Quotex

Quotex is an online trading platform known for its advanced charting tools and customizable trading interface. With swift trade execution, it can be an excellent choice for experienced traders looking for a more tailored trading experience.

Pocket Option

Pocket Option, on the other hand, is recognized for its user-friendly platform and extensive educational resources. With a wide variety of assets to trade, it can be an ideal pick for beginner traders or those looking to diversify their portfolios.

If you want to dive deeper into Pocket Option, we have a comprehensive review of the platform.

Quotex Pocket Option
Type of Service Online trading platform Online trading platform
Best Use Advanced charting Intuitive, diverse asset offerings
Customer Support Email, Live chat Email, Phone, Live chat, FAQ
Current Promotion

More Info

More Info

Modest Money Overall Rating
3.6 rating based on 5 ratings
3.9 rating based on 5 ratings

Factor 1: Usability

Pocket Option provides an intuitive platform designed with beginners in mind

  • Quotex offers a highly customizable interface
  • Pocket Option’s ease of use makes it a more suitable option for most traders

Quotex: Customizable Interface

Quotex’s interface allows traders to personalize their trading environment. While this feature can be advantageous for some, it may overwhelm beginners unfamiliar with online trading.

Pocket Option: Beginner-Friendly Platform

Pocket Option provides a user-friendly, intuitive platform. Its easy navigation and straightforward design make it perfect for beginners and seasoned traders alike.

Factor 2: Educational Resources

Pocket Option’s educational content gives it a leg up in this area

  • Quotex provides a comprehensive FAQ section
  • Pocket Option offers an array of educational resources including tutorials, guides, and a demo account

Quotex: Comprehensive FAQ Section

Quotex offers a detailed FAQ section, answering various questions about its platform and trading. However, it lacks additional educational materials such as tutorials and guides.

Pocket Option: Extensive Educational Resources

Pocket Option shines with its wide range of educational resources. From in-depth tutorials to practical guides and a demo account, beginners can quickly learn the ropes of online trading.

Factor 3: Asset Offering

Pocket Option has diverse asset offerings

  • Quotex offers a moderate selection of tradable assets
  • Pocket Option provides an extensive range of assets, including stocks, forex, and commodities

Quotex: Moderate Asset Offering

Quotex offers a decent selection of assets for trading. However, it falls short when compared to the wide array of assets offered by Pocket Option.

Pocket Option: Diverse Asset Offerings

Pocket Option stands out with its wide variety of tradable assets. Whether you’re interested in stocks, forex, or commodities, Pocket Option has got you covered.

Remember, always make sure to do your due diligence before selecting an online trading platform. You should choose the platform that best suits your trading style and financial goals.

Factor 4: Customer Support

Pocket Option has more comprehensive support options

  • Quotex provides customer support through email and live chat
  • Pocket Option offers customer support via email, phone, and live chat, along with a helpful FAQ section

Quotex: Email and Live Chat

Quotex offers support to its users through email and live chat. However, it lacks phone support which could be a significant drawback for some traders.

Pocket Option: Comprehensive Support

Pocket Option goes the extra mile with its customer support. It provides help via email, phone, and live chat, ensuring that all users can access assistance in their preferred format. The platform’s extensive FAQ section also serves as a handy resource for users.

Verdict: Quotex vs Pocket Option

In the end, the choice between Quotex and Pocket Option boils down to personal preferences and trading needs. Both platforms offer unique features that cater to specific types of traders.

Quotex, with its advanced charting tools and customizable interface, might appeal more to experienced traders who seek a more personalized trading environment. However, it’s crucial to note that its educational resources and asset offerings are somewhat limited.

On the other hand, Pocket Option stands out with its intuitive platform, making it an ideal choice for beginners. Its diverse asset offerings and extensive educational resources further add to its appeal. Moreover, it offers more comprehensive customer support, which can be a decisive factor for many traders.

In the battle of Quotex vs Pocket Option, Pocket Option takes the lead, offering a well-rounded trading platform suited for traders of all levels. However, as with any financial decision, it’s vital to thoroughly research and consider your options before making a final decision. Click here to get started with Pocket Option today.
Learn More About Pocket Option

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. After working many years in the website marketing industry, he decided to take on blogging full time and also get his finances headed in the right direction. Also check out his contributions to Equities.com and Benzinga.