Pocket Option vs AvaTrade

Pocket Option vs AvaTrade Comparison Table 2023
Pocket Option AvaTrade
4.2

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

4.9
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

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.

AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, alongside a comprehensive education center and multilingual customer support.

Bonus Offer
50% Deposit Bonus 20% Welcome Bonus up to $10,000
Comment by Reviewer
"We recommend Pocket Option for aspiring binary options traders looking for copy trading services and a low minimum investment." "AvaTrade offers the full package for short-term traders. There is powerful charting software, reliable execution, transparent fees, and fast account opening with a low minimum deposit."
Pros
  • 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
  • WebTrader is well-suited to beginners and features a strong suite of technical analysis tools and market research for day traders
  • The broker’s unique risk management tool, AvaProtect, protects against losses up to $1 million and is easy to activate in the platform
  • Automated trading is supported through MetaTrader Expert Advisors (EAs), as well as the AvaSocial and DupliTrade tools
  • There's a great range of fee-free deposit methods, including bank wire, credit cards and popular e-wallets like Skrill
  • The broker offers reliable 24/5 multilingual customer support with fast response times during testing
  • AvaTrade is a heavily regulated and trustworthy broker with licenses from the ASIC, CySEC and more
  • Day traders can access stable spreads and zero commissions with no hidden fees
Cons
  • No MT4 trading platform
  • Only one account type is available
  • IFMRRC is not a reputable regulator
  • The expiration time is limited on trades
  • A high $2000 minimum investment is required to use DupliTrade, which will be out of reach for many beginners
  • There’s an above-average $50 inactivity fee after three months, though this won't impact active day traders
  • It’s a shame that there are no rebate schemes for serious traders looking for additional perks
  • There is no ECN account with raw spreads
  • Traders from the US are not accepted
Awards
  • Best Binary Broker 2022 - DayTrading.com
  • Best Mobile Trading Platform 2023 - Finance Derivative
  • Best Educational 2023 - Global Business Magazine
  • Best Overall Broker 2022 - DayTrading.com
  • Best Trading App 2021 - DayTrading.com
  • Best Forex Broker 2019 - DayTrading.com
Instruments
Binary Options, Currencies, Commodities, Stocks, Indices CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Trading Platforms
  • MT5
  • WebTrader
  • AvaTradeGO
  • AvaOptions
  • MT4
  • MT5
  • AlgoTrader
  • TradingCentral
  • DupliTrade
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
IFMRRC ASIC, CySEC, FSCA, ISA, CBol, FSA, FRSA
Margin Trading
Yes Yes
Margin Rate
2%
STP Account
No Yes
ECN Account
No No
DMA Account
No Yes
MAM Account
No Yes
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 Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes Yes
Copy Trading Platform
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. There's a strong selection of social and copy trading systems, including the AvaSocial app and popular third-party platforms, DupliTrade and ZuluTrade. Clear performance metrics can help you find the right strategy provider for your goals and risk appetite.
Social Trading
Yes Yes
Trade Signals
Yes Yes
VPS Hosting
No Yes
Tournaments
Yes No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $50
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered AvaTrade's 1250+ leveraged CFD products span a range of asset classes including stocks, indices, commodities, bonds, crypto, and ETFs. You can speculate on rising and falling prices in the broker’s feature-rich web and mobile platforms with market-leading research tools.
Leverage
1:30 (Retail) 1:400 (Pro)
FTSE Spread
0.5
GBPUSD Spread
1.5
Oil Spread
0.02
Stocks Spread
0.13
Forex Trading
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. AvaTrade offers 50+ currency pairs with competitive spreads from 0.9 pips and zero commissions. You can trade majors, minors and exotics around the clock on industry-leading platforms, including MT4 and MT5. Traders can also access beginner-friendly trading tools and comprehensive forex education.
Forex App

AvaTrade provides AvaTradeGo for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The AvaProtect™ feature even adds another layer of risk protection. Rated 4.2* , it is one of the more popular trading apps. Download it today.

GBPUSD Spread
N/A 1.5
EURUSD Spread
N/A 0.9
EURGBP Spread
N/A 1.5
Assets
50+ 50+
Currency Indices
  • USD
Cryptocurrency
Pocket Option supports major cryptocurrencies on a beginner-friendly app. Over 10 leading cryptocurrencies are available with very high leverage up to 1:1000. Regulated in five continents, AvaTrade offers a secure way to access crypto markets. There's a great range of digital currencies including Bitcoin, Ethereum and Ripple, plus a crypto index. You can access competitive crypto spreads in the broker's wide choice of platforms as well as 1:2 leverage.
Spread
N/A BTC <1%, ETH 2%
Coins
  • BTC
  • ETH
  • DSH
  • BCH
  • LINK
  • BCH
  • BTC
  • BTG
  • ETH
  • LTC
  • XRP
  • EOS
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
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. Binary options trading not offered
Payout
92%
Expiry Times
5 seconds - 4 hours
Ladder Options
No No
Boundary Options
No No
More Comparisons
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