Your capital is at risk. Trade only with funds you can afford to lose.
Nadex
Nadex has closed.
Pocket Option
#1 in our binary options broker rankings
Accepts traders from Fiji
Rating breakdown
- Regulation & trust2.0
- Assets & markets2.5
- Fees & costs3.5
- Platforms & tools3.3
- Accounts & banking3.5
- Education3.5
- Research3.0
- Customer support3.3
| Nadex | Pocket Option | |
|---|---|---|
| Overview | Nadex is a renowned exchange and binary options provider, based in the US. The company is fully regulated by the CFTC and offers options, call spreads and Knock Out contracts. Nadex also has just a $1 entry or exit fee and a user-friendly platform and proprietary app. | Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders. |
| Customer Reviews | – | Based on 23 customer reviews |
| Bonus Offer | – | 100% Deposit Bonus |
| Comment by Reviewer | “Nadex was a binary options broker regulated by the CFTC in the US, making it a highly secure choice. Geared towards advanced traders, it offered a feature-rich charting platform, complete with a wide choice of binaries, knock-outs, and call spreads, catering to various active trading strategies. ” | “Pocket Option stands out as one of the best binary brokers for active traders owing to its now industry-leading range of binary assets and frequent platform upgrades, including ‘AI Trading’ and a wider suite of expiry times, ranging from just 3 seconds up to 4 hours for short-term traders.” |
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| Cons |
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| Awards | – |
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| Instruments | Binary Options, Knock Outs™, Call Spreads | Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos |
| Demo Account | Yes | Yes |
| Minimum Deposit | $0 | $5 |
| Trading Platforms |
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| Payment Methods | ||
| Minimum Trade | $1 | $1 |
| Regulator | CFTC | – |
| Margin Trading | No | Yes |
| 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 | Yes |
| Robo Advisor | No | No |
| Negative Balance Protection | No | No |
| Market Maker | No | Yes |
| P2P Trading | No | No |
| Spot Trading | No | Yes |
| Mobile Apps | NadexGO | Android (plus APK), iOS via mobile web trader and progressive web app |
| App Review | NadexGO allows trading whenever, wherever, and however traders want. Specializing in short term trading, the mobile app needs to offer quick response times, and certainly delivers. It is also reliable and secure, ensuring traders can trade with confidence on the move. NadexGo is a rock solid trading app. | Pocket Option delivers an excellent mobile trading experience directly through mobile and tablet browsers, without needing a native app. You can easily customize charts using the settings at the top while placing trades in one click is a breeze using the ‘higher’ and ‘lower’ buttons at the bottom of the screen. The interface also adapts seamlessly to horizontal viewing, mirroring the desktop layout for a consistent user experience. |
| Android App Rating | – | |
| Auto Trading | – | Yes |
| Copy Trading | No | Yes |
| Copy Trading Platform | – | Pocket Option hosts a user-friendly social trading service. Available in the platform, you can use the ‘Top Ranked Trades’ leaderboard, among others, to find traders to follow. The social trading solution is also available 24/7 and has active community chats. Tip: check the number of trades made and profit generated over several months rather than comparing providers over a few days. |
| Social Trading | No | Yes |
| Trade Signals | – | Yes |
| 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 | $10 | $0 |
| Islamic Account | No | Yes |
| Account Currencies |
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| Stock Exchanges | ||
| Commodities | ||
| Forex Trading | ||
| Overview | Speculate on 11 popular currency pairs via Knock Out contracts, call spreads and binary options. Nadex continues to offer a wider range of timeframes than most binary options brokers, with contracts spanning from intraday to weekly. | Binary and OTC options can be purchased on 40+ currency pairs, with 55+ currency pairs available if you deposit $1000. Typical payouts are reasonable at 81% and the $1 minimum trade makes the broker accessible to new forex traders. There is also access to the MT4 and MT5 platforms for experienced forex traders. |
| GBPUSD Spread | 0.25 pips Var | N/A |
| EURUSD Spread | 0.25 pips Var | N/A |
| EURGBP Spread | 0.25 pips Var | N/A |
| Assets | 11 | 55+ |
| Cryptocurrency | ||
| Overview | Nadex offers a limited list of cryptos with just Bitcoin and Ethereum. Traders can go long or short though with straightforward binary options contracts that mean you don't need to own the underlying token. | Pocket Option has a strong crypto offering with popular tokens like Bitcoin, Dogecoin and Litecoin. It’s also one of the only binary brokers we’ve seen to offer a Bitcoin ETF. The payouts up to 92% on cryptos like Bitcoin are also excellent, and a step up from the payouts that were closer to 15% during our previous round of tests. |
| Spread | Variable | N/A |
| Coins |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
| Binary Options | ||
| Overview | Nadex offers real-time market action with short-term binary options trading. The range of markets is strong with just a $1 fixed fee per side, per contract. Nadex also offers short term binaries that expire after 5 minutes. | Pocket Option offers ultra-short-term binaries from 3 seconds on one of the simplest web platforms for beginners. Typical payouts rival alternatives at 90%+ while the ‘Double Up’ and ‘Rollover’ features provide further opportunities to profit. |
| Payout | $100 per contract% | 92% (218% on accumulator Express Trades) |
| Expiry Times | 5 minutes - 1 week | 3 seconds - 4 hours |
| Ladder Options | No | No |
| Boundary Options | Yes | No |
Nadex has closed.