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Head to head · India criteria

Quotex vs Pocket Option for Indian traders

Pocket Option's headline payout is among the highest available and its entry is half the price. Whether that outweighs a weaker platform is the whole question.

Short answer

Quotex, narrowly. Pocket Option's advertised 96% ceiling and $5 entry are genuine advantages, but Quotex's demo is better, its payout band on majors is stronger, and its withdrawal routes are more established in India.

Side by side, India columns only

QuotexPocket Option
UPI depositIndirectIndirect
Minimum deposit (advertised)$10$5
Real cost in ₹ (our calculation)~₹940~₹470
Advertised payout ceilingup to 98%up to 96%
Typical payout band, majors80–92%70–92%
Our score7.86.8
RBI Alert ListListedListed
SEBI licenceNoneNone
Free demoYesYes
Minimums and payout ceilings are as published by each platform and change without notice — verify on their site before depositing. The rupee row is our calculation at ₹83.92/$ mid-market plus a typical processor spread, not a quoted price. Both platforms appear on the RBI Alert List and neither holds a SEBI licence.

The 96% ceiling is real, and narrower than it looks

Pocket Option advertises up to 96%, against Quotex's 98%. On paper a high ceiling matters: at 96% break-even sits at 51% rather than 52.1%.

In practice both ceilings apply to selected assets under particular conditions. The band you will actually trade on major pairs is the number worth comparing, and there Quotex is the stronger of the two.

Where Pocket Option wins

Entry cost. A $5 minimum against $10 — roughly ₹470 against ₹940 once converted — makes it the second-cheapest door in the category after Binomo.

Why there is no link to it here

We do not currently hold a working affiliate arrangement with Pocket Option, so there is no link on this page and nothing for us to earn from it either way. We are noting that rather than quietly leaving the platform out.

Verdict

Quotex, narrowly, on the strength of its demo and its payout band on majors. Pocket Option's cheaper entry is a real argument if you are only testing. Both are on the RBI Alert List, so nothing separates them on regulation.

Straight answers

Frequently asked

Which is better, Quotex or Pocket Option?

Quotex, narrowly. Pocket Option advertises a 96% ceiling and a $5 entry against Quotex's $10, both genuine advantages. Quotex has the better demo and a stronger payout band on major pairs. Neither is regulated in India.

Is Pocket Option's 96% payout real?

It is genuinely advertised, on selected assets under particular conditions — as are the 98% claims elsewhere in this category. The figure that matters is the payout displayed on the asset you actually intend to trade, which you can read at the order screen before entering.

Which is cheaper to start?

Pocket Option, with a $5 minimum against Quotex's $10 — roughly ₹470 against ₹940 once converted. Binomo is cheaper still, also at $5 but with direct UPI.

Are they both on the RBI Alert List?

Yes. Both appear on it and neither holds a SEBI licence, as is the case for every offshore binary options platform available in India.

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    Risk warning. Binary options are high-risk speculative products and the majority of retail traders lose money. A payout percentage is the return on a winning trade, not an expected return. Quotex is not authorised by SEBI and appears on the RBI Alert List; Indian residents remitting funds to unauthorised platforms may be exposed under FEMA and have no local dispute resolution. Nothing on this page is investment, legal or tax advice. Consult a SEBI-registered adviser and a chartered accountant before acting. Never trade money you cannot afford to lose entirely.