GC Option vs Quotex

GC Option or Quotex – which is better for UK traders 2025? Compare GC Option and Quotex in this detailed breakdown of their platforms, features and fees.

GC Option vs Quotex Comparison Table 2025
GC Option Quotex
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3.3
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4.4
GC Option is ranked #10 among binary options brokers. Quotex is ranked #10 among binary options brokers.
GC Option has closed or no longer accepts UK clients.
GC Option is a binary options broker offering contracts with flexible contract lengths and payouts up to 86% on 27 instruments. This is one of the few binary options brokers to support MetaTrader 4, which it provides alongside two proprietary trading platforms.
Quotex has closed or no longer accepts UK clients.
Established in 2019, Quotex is a binary broker that offers 400+ assets, including forex, stocks, indices, commodities, and cryptocurrencies. The platform emphasizes user-friendly features, complete with short-term contracts that span 5 seconds to 4 hours alongside payouts that can reach 95%.
Pros
  • GC Option is fairly unique in its position as a binary options broker that provides access to MT4, though you need to achieve Gold status to trade on it.
  • The free demo account with $10,000 in virtual funds is an excellent place to learn how binary options work, including the broker’s double touch binaries which aren’t available at most brokers.
  • GC Option offers fast and dependable support available 24/7 with response times of under 2 minutes based on testing over several years, and a particularly receptive live chat service.
  • Quotex lets you start trading with just $10, making it accessible for beginners and those wanting to test the platform with minimal risk. Withdrawals also start from $10, allowing easy access to funds.
  • The web-based platform and app are intuitive based on our hands-on tests, with a clean design and simple order execution. They include multiple indicators and built-in trading signals, making them practical solutions for both beginners and more experienced traders.
  • A free demo account with $10,000 in virtual funds lets new traders practice strategies and test the platform without risking real money. It's an excellent tool for beginners to gain experience.
Cons
  • Despite 15+ years in the market and being a spin-off of the established Grand Capital brand, GC Option remains unregulated with limited safeguards for investors.
  • The breadth of tradable assets at GC Option needs serious improvement, with just approximately 30 instruments spanning currencies, cryptos and commodities, but zero stocks.
  • Whilst the $10 minimum deposit is low within the industry, over 50% of the withdrawal options incur a charge and many consist of cryptocurrencies or banking solutions in Africa and India.
  • Quotex is an offshore broker operating in a jurisdiction known for loose regulatory oversight. Unlike regulated brokers, it does not offer the same level of investor protection, dispute resolution, or fund security, making it riskier.
  • Customer service is only available via email and social media, which can lead to slow response times in our experience. Competitors like Videforex provide 24/7 live chat and phone support, ensuring you get help quickly during technical or withdrawal problems.
  • Quotex offers few market analysis tools and lacks real-time financial news, economic calendars, or in-depth research reports. Educational resources, such as courses, webinars, and expert insights, are also absent, making it less ideal for beginners.
FCA Regulated
No No
Instruments
Binary Options on Forex, Metals and Cryptos Binary Options on Stocks, Indices, Forex, Commodities, Cryptos
Demo Account
Yes Yes
Minimum Deposit
$10 $10
Payment Methods
Minimum Trade
$1 $1
Mobile Apps
iOS, Android + Huawei iOS & Android
Trading App

Similar to most binary brands, GC Option doesn’t offer a stand-alone app. Instead, you can make short-term trades directly through mobile browsers. The mobile trading environment is average – charts are a little fiddly to use effectively. Ultimately, it’s fine for account management, but it doesn’t compete with industry frontrunners.

Quotex offers a fully-featured trading app that’s packed with helpful tools, from dynamic charting to in-built signals. It follows the same user-friendly design as the web-based desktop platform, ensuring a smooth transition whether you’re trading from a computer, tablet or mobile device. The flexible design with light and dark modes is a nice touch.

iOS App Rating
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3
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4.2
Android App Rating
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3
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3.9
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader No
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Daily Trading Signals
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
  • RUB
  • USD
  • EUR
  • GBP
  • INR
  • JPY
  • MYR
  • IDR
  • RUB
  • BRL
  • NGN
  • THB
  • VND
  • UAH
Commodities
  • Gold
  • Silver
  • Gold
  • Oil
  • Silver
Forex
GC Option offers binaries on a slim selection of 25+ currency pairs, including majors, minors, plus metals paired with USD. Unlike traditional forex trading, users speculate whether the price of a currency will rise or fall and can earn an 80%+ payout, or lose their entire stake. You can trade binaries on 40+ currency pairs including majors, minors and exotics. This is a smaller range of forex assets than some competitors but payouts are reasonable, climbing to over 80% on the EUR/USD during testing.
Assets
25+ 40+
GBPUSD Spread
Variable N/A
EURUSD Spread
Variable N/A
EURGBP Spread
Variable N/A
Cryptocurrency
Trade popular crypto tokens using straightforward binary options products. Decide whether the price of tokens like Bitcoin will rise or fall with a minimum stake of just $1. Quotex only offers binary options trading on three cryptos. Yet while the range of digital currencies is narrow, there are leading tokens, including Bitcoin and Dogecoin. Payouts on cryptocurrencies are also above average based on our latest tests.
Spread
Variable N/A
Coins
  • BTC
  • BCH
  • BNB
  • ETH
  • ETC
  • XMR
  • ZEC
  • DSH
  • BTC
  • DOGE
  • PEPE
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
GC Option offers beginner-friendly binary options with 86% payouts and opportunities on forex, metals and cryptocurrencies. The broker stands out for its market-leading trading software and access to short-term opportunities with contracts spanning 60 seconds to 48 hours. Quotex continues its streak near the top of the industry with ultra-short-term binaries on a growing selection of 400+ assets and payouts up to 95%. The firm provides a web platform that delivers a smooth user experience with a clean design, multiple charting styles, dozens of indicators and daily signals for actionable trading ideas.
Payout
86% 95%
Expiration Times
1 minute - 48 hours 5 seconds - 4 hours
Boundary Options
Yes No
Ladder Options
No No
GC Option Quotex
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