Alpari vs Pocket Option

Alpari vs Pocket Option Comparison Table 2023
Alpari Pocket Option
3.8
4.2

Pocket Option is #1 in our binary options broker rankings.

United States Flag Traders from US not accepted
United States Flag Traders from US accepted

Alpari is an offshore multi-asset broker that offers traders a wide range of forex trading opportunities as well as stock, index and commodity CFDs. The broker's fix contracts also offer fixed costs with payouts known upfront. Trading takes place on the MetaTrader 4 and MetaTrader 5 platforms, plus the brand's mobile app. Alpari offers tight spreads on ECN accounts and commission-free spreads from 1.2 pips on standard accounts.

Founded in 2017, Pocket Option is a binary options broker offering up/down contracts on forex, stocks and cryptocurrencies. With over 100,000 active users and a global reach, the brand has proven popular with budding traders. Pocket Option also supports dozens of payment methods and has a low minimum trade of just $1.

Bonus Offer
30% up to $100 (terms apply) 50% Deposit Bonus
Comment by Reviewer
"Alpari will suit short-term binary options traders with a low $5 deposit and welcome bonus. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors." "We recommend Pocket Option for aspiring binary options traders looking for copy trading services and a low minimum investment."
Pros
  • Low or no commission and tight spreads on ECN accounts
  • Excellent choice of funding options with no fees
  • Cashback for high-volume traders
  • Strong range of currency pairs
  • Supports MT4 and MT5 platforms
  • Welcome bonus for new traders
  • Copy trading and PAMM service
  • High leverage up to 1:1000
  • 20+ years track record
  • Live signals
  • Copy trading
  • Turbo binary options
  • 50+ payment methods
  • MT5 iOS & Android app
  • 92% payouts on binaries
  • Cashback and achievements
  • Multiple strategies supported
  • Welcome bonuses and coupon codes
  • Clients accepted from over 95 countries
  • Trading tournaments and competitions
Cons
  • Not available in the US
  • Limited selection of non-forex assets
  • High charges for strategy manager copy trading tools
  • Weak market research and analysis tools
  • No MT4 trading platform
  • Only one account type is available
  • IFMRRC is not a reputable regulator
  • The expiration time is limited on trades
Awards
  • Best Binary Broker 2022 - DayTrading.com
Instruments
Stocks, CFD, Forex, Crypto Binary Options, Currencies, Commodities, Stocks, Indices
Demo Account
Yes Yes
Minimum Deposit
$5 $50
Trading Platforms
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
FSC, SEBI, JFSA IFMRRC
Margin Trading
No Yes
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
Yes 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 No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android & Windows iOS & Android
Auto Trading
Via Copy Trading choices Yes
Copy Trading
Yes Yes
Copy Trading Platform
Users can follow experienced strategy managers at Alpari, including seasoned forex traders. The broker offers account ratings to help you find a suitable provider as well as notifications on returns and one-click deposits and withdrawals. Pocket Option offers hassle-free copy trading. Simply choose from the broker's top ranked traders and mirror their positions in your own account. The copy trading service is available 24/7 and also hosts active community groups where you can chat with other traders.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
Yes No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5 $0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CZK
  • NGN
  • USD
Stock Exchanges
Commodities
CFD Trading
Alpari offers CFDs on 60+ forex pairs, hundreds of global stocks, 11 stocks indices and spot metals and energies. Trading takes place via the MT4 or MT5 platforms, and the broker provides strategy and copy trading support as well as educational resources and 24/5 multilingual customer service. CFD trading not offered
Leverage
1:400
FTSE Spread
13
GBPUSD Spread
0.7 var
Oil Spread
4 pts
Stocks Spread
Variable
Forex Trading
Alpari traders can access 60+ currency pairs and crosses via CFDs on the MT4 and MT5 platforms. The broker offers very competitive pricing, especially on the ECN Pro account which is commission free. Significant leverage up to 1:1000 is available. Binary and OTC options can be purchased on over 40 foreign exchange pairs. Typical payouts are also decent at 81% and users can trade forex binary options in just a couple of clicks.
GBPUSD Spread
0.7 N/A
EURUSD Spread
0.4 N/A
EURGBP Spread
0.6 N/A
Assets
50+ 50+
Currency Indices
  • USD
Cryptocurrency
Alpari offers a solid selection of popular crypto tokens paired with the USD. Spreads are competitive, starting at 1 and users can analyze the digital asset markets with the leading MetaTrader platforms, including on the weekends. Pocket Option supports major cryptocurrencies on a beginner-friendly app. Over 10 leading cryptocurrencies are available with very high leverage up to 1:1000.
Spread
1 N/A
Coins
  • AVE
  • BTC
  • BCH
  • ADA
  • LINK
  • DAI
  • DOGE
  • EOS
  • ETH
  • ECH
  • FIL
  • LTC
  • XMR
  • DOT
  • XRP
  • MATIC
  • SOL
  • XLM
  • USDT
  • TRON
  • UNI
  • USDC
  • BTC
  • ETH
  • DSH
  • BCH
  • LINK
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Pocket Option offers short term binary options on a user-friendly platform with competitive payouts of 90%+. Over 130 assets are available with fee-free deposits and withdrawals. Joining bonuses are also available to new users.
Payout
80% 92%
Expiry Times
30 seconds - 4 hours 5 seconds - 4 hours
Ladder Options
No No
Boundary Options
No No
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