GC Option vs Alpari

GC Option vs Alpari Comparison Table 2024
GC Option	Alpari
Review 3.3	Review 3.8

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
AstroPay Bitcoin Payments Credit Card Debit Card Ethereum Payments FasaPay Maestro Mastercard PayRedeem Paytrust Perfect Money Wire Transfer	ADVcash Bitcoin Payments Credit Card Ethereum Payments FasaPay Mastercard Wire Transfer
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
	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group Nasdaq S&P 500
Commodities
Gold Silver	Gold Natural Gas Silver
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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