GC Option vs Alpari

GC Option vs Alpari Comparison Table 2024
GC Option Alpari
3.3
3.8
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

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 also offers fixed costs with payouts known upfront. Trading takes place on the reliable MT4 and MT5 platforms, plus the brand's mobile app. Alpari offers tight ECN spreads which will serve active day traders.

Bonus Offer
Risk Free Trading Days 30% up to $100 (terms apply)
Comment by Reviewer
"Binary options traders who favor the MetaTrader 4 platform should try out GC Option. The double-touch contracts and selection of expiry times offer a good range of trading opportunities." "Alpari will suit short-term binary options traders with a low $5 deposit, powerful charting terminals, and a rebate scheme. Forex traders also get very high leverage with tight spreads while the broker's PAMM service will appeal to hands-off investors."
Pros
  • MetaTrader 4 and proprietary WebTrader platforms
  • Spin-off brokerage of reputable Grand Capital
  • Low minimum deposit requirement of $10
  • Double-touch binaries available
  • 30 popular trading assets
  • No commission fees
  • Free demo account
  • Payouts up to 86%
  • 24/7 live chat
  • Low or no commissions are available and there are tight spreads on ECN accounts
  • There's an excellent choice of funding options with no fees
  • Cashback schemes are available for high-volume traders
  • Alpari supports both the MT4 and MT5 platforms with support for Expert Advisors (EAs)
  • Copy trading and PAMM services are also available for day traders
  • The broker offers high leverage up to 1:1000 for experienced clients
Cons
  • Poor regulatory oversight reducing safety score
  • Withdrawal fees for some payment methods
  • Limited educational resources
  • No binaries on stocks
  • No copy trading
  • The lack of educational resources is disappointing compared to alternatives
  • There are fairly high charges for strategy manager copy trading tools
  • The market analysis and research tools are limited
Instruments
Binary Options on Forex, Metals and Cryptos Forex, CFDs, Stocks, Commodities, Indices, Crypto
Demo Account
Yes Yes
Minimum Deposit
$10 $5
Trading Platforms
  • MT4
  • TradingView
  • MT4
  • MT5
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
FSC, SEBI, JFSA
Margin Trading
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
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
No Yes
Mobile Apps
iOS, Android + Huawei iOS & Android
App Review

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.

Android App Rating
3
3.6
iOS App Rating
3
3.6
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No 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.
Social Trading
No No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • INR
  • MYR
  • IDR
  • NGN
  • USD
  • EUR
  • GBP
  • CZK
  • NGN
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered 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.
Leverage
1:1000
FTSE Spread
13
GBPUSD Spread
0.7
Oil Spread
4.0
Stocks Spread
2.0
Forex Trading
Trade binary options on 25+ forex pairs including a range of majors and minors, as well as precious metals paired with USD. Payouts top 80% and users can analyze market movements on the hugely popular MT4 platform and app. 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.
GBPUSD Spread
Variable 0.7
EURUSD Spread
Variable 0.4
EURGBP Spread
Variable 0.6
Assets
25+ 50+
Currency Indices
  • USD
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. 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.
Spread
Variable 1
Coins
  • BTC
  • BCH
  • BNB
  • ETH
  • ETC
  • XMR
  • ZEC
  • DSH
  • AVE
  • BTC
  • BCH
  • ADA
  • LINK
  • DAI
  • DOGE
  • EOS
  • ETH
  • ECH
  • FIL
  • LTC
  • XMR
  • DOT
  • XRP
  • MATIC
  • SOL
  • XLM
  • USDT
  • TRON
  • UNI
  • USDC
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. Binary options trading not offered
Payout
86% 80%
Expiry Times
1 minute - 48 hours 30 seconds - 4 hours
Ladder Options
No No
Boundary Options
Yes No
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