Pocket Option vs BinaryCent

Pocket Option vs BinaryCent Comparison Table 2023
Pocket Option	BinaryCent
Review 4.2 Pocket Option is #1 in our binary options broker rankings.	Review 3.5 BinaryCent is #9 in our binary options broker rankings.
Traders from US accepted	Traders from US 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.	BinaryCent is an unregulated binary options broker that offers 24/7 trading on forex, cryptos and stocks with payouts up to 95%. Despite its lack of regulation, this broker takes client security seriously and stores client funds in European banks. The broker also offers CFDs with very high leverage up to 1:500.
Bonus Offer
50% Deposit Bonus	20% - 200% deposit bonus
Comment by Reviewer
"We recommend Pocket Option for aspiring binary options traders looking for copy trading services and a low minimum investment."	"Traders who want a reliable binary options broker with a streamlined platform and high payouts should try out BinaryCent."
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	Simple and straightforward proprietary platform for binary options trading Payouts up to 95% are higher than most competitors and increases profit potential Trade binary contracts from $0.10 allowing trading opportunities for all budgets Copy trading and binary options bots are useful for beginner traders Accepts a wide range of funding methods, including cryptos and e-wallets
Cons
No MT4 trading platform Only one account type is available IFMRRC is not a reputable regulator The expiration time is limited on trades	Not available to traders based in the US The $250 minimum deposit is higher than most binary options brokers Not overseen by any reputable regulator, raising risks and reducing customer protections
Awards
Best Binary Broker 2022 - DayTrading.com	Tech Finance - Journal Award - 2015 iFX Expo Asia Award - 2016
Instruments
Binary Options, Currencies, Commodities, Stocks, Indices	Stocks, Options, CFD, Forex, Crypto, Binary Options
Demo Account
Yes	Yes
Minimum Deposit
$50	$250
Trading Platforms
MT5	Own
Payment Methods
ADVcash Bitcoin Payments Cashu Credit Card Debit Card Doku Wallet Ethereum Payments FasaPay GlobePay JCB Card Maestro Mastercard Neteller PayRedeem Perfect Money QIWI Skrill Sofort Visa WebMoney Western Union Wire Transfer Yandex Money	Bitcoin Payments Credit Card Debit Card Ethereum Payments Mastercard Neteller Perfect Money POLi Skrill Visa WebMoney Wire Transfer
Minimum Trade
$1	$0.01
Regulator
IFMRRC	VFSC
Margin Trading
Yes	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	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	iOS, Android
Auto Trading
Yes	Centobot for binary options
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.	The copy trading tool is available for all account types, including the lowest - Bronze. You can pick a trader based on their returns and ranking. The sign-up process is quick and account activation is instant.
Social Trading
Yes	Yes
Trade Signals
Yes
VPS Hosting
No	No
Tournaments
Yes	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	Yes
Inactivity Fee
$0
Islamic Account
No	No
Account Currencies
USD	USD
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index IBEX 35 Japan Exchange Group Nasdaq New York Stock Exchange S&P 500	FTSE UK Index Nasdaq
Commodities
Gold Natural Gas Oil Palladium Platinum Silver	Gold Oil Silver
CFD Trading
CFD trading not offered	You can take positions on a range of popular trading markets including forex, stocks, energies and metals. Leverage is high at 1:500 and live spreads can be viewed in the web-accessible platform and app.
Leverage
	1:500
FTSE Spread
	Floating
GBPUSD Spread
	Floating
Oil Spread
	Floating
Stocks Spread
	Floating
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.	Trade 24 forex pairs via binary options. Such a small range of currency pairs is not that unusual among binary options brokers, and BinaryCent's high payouts up to 95% compensate for the lack of range.
GBPUSD Spread
N/A	Floating
EURUSD Spread
N/A	Floating
EURGBP Spread
N/A	Floating
Assets
50+	25+
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.	BinaryCent offers trading on a decent list of cryptocurrencies, including major tokens like Bitcoin. The broker also accepts crypto deposits and withdrawals, making it straightforward to fund, trade and manage your activities in digital currencies.
Spread
N/A	N/A
Coins
BTC ETH DSH BCH LINK	ZEC XRP XMR SAN OMG LTC BTC IOT ETH ETC EOS DSH
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.	BinaryCent provides binary options trading on a range of markets through a slick proprietary platform. Traders can invest as little as $0.10 per trade and earn payouts up to 95%, and these are excellent terms that accommodate casual and low-capital traders while allowing profit opportunities.
Payout
92%	95%
Expiry Times
5 seconds - 4 hours	5 seconds - 30 days
Ladder Options
No	No
Boundary Options
No	Yes

Review	Review
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