Reduce video size

I want to transfer video files over the internet. I intend to reduce a video size of 100x MB to below 10 MB. I tried some apps, but they reduce the size down to 10x MB, not below 10 MB. Also, their video qualities are not acceptable.

Is there is any app that can produce a video of less than 10 MB with high quality?

UPDATE

My videos are around 5 minutes long. On a desktop computer, I use HandBrake software with these settings to produce an acceptable output:

• Dimension 360 width by 640 height


• RF quality 33


• FPS 15


• Video codec H.264 (x264)


• Audio codec AAC stereo with 24 bitrate.

With the above settings, for example, a 700 MB video would become 7 MB.

I don't know how to set these values by any Android app. Is there any app for it? I tried YouCut, but I couldn't find any such settings.