Pocket Option vs Coinmama
Pocket Option Review 2023 | Coinmama Review 2023 |
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4.2
Pocket Option is #1 in our binary options broker rankings. |
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2.9
Coinmama is #6 in our crypto broker rankings. |
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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. |
Coinmama is a popular cryptocurrency exchange that aims to provide streamlined and user-friendly cryptocurrency trading options to the retail market. Traders can buy a range of tokens via a fiat on-ramp, store their tokens in a third-party wallet and earn loyalty bonuses for trading with Coinmama. Millions of clients from over 180 countries have signed up to the firm. |
Bonus Offer | |
50% Deposit Bonus | |
Comment by Reviewer | |
"We recommend Pocket Option for aspiring binary options traders looking for copy trading services and a low minimum investment." | "New crypto investors looking to buy and sell popular tokens like Bitcoin with fiat currency will appreciate Coinmama. We particularly rated the loyalty program as a way to reduce fees." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Binary Options, Currencies, Commodities, Stocks, Indices | Cryptos |
Demo Account | |
Yes | No |
Minimum Deposit | |
$50 | $30 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$1 | $30 to buy, $100 to sell |
Regulator | |
IFMRRC | FinCEN, FINTRAC |
Margin Trading | |
Yes | No |
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 | Android only |
Auto Trading | |
Yes | |
Copy Trading | |
Yes | No |
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. | |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | |
VPS Hosting | |
No | No |
Tournaments | |
Yes | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
No | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
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. | Forex trading not offered |
GBPUSD Spread | |
N/A | |
EURUSD Spread | |
N/A | |
EURGBP Spread | |
N/A | |
Assets | |
50+ | |
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. | Buy, hold and sell 16 crypto tokens including major players like BTC and ETH and lesser-known tokens such as LRC. Use a range of fiat currencies to buy the digital assets, including USD. Cryptos are stored in third-party wallets. |
Spread | |
N/A | From 2.93% to 3.90%. Express fees of 0-5.00% also apply. |
Coins | |
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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 |
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More Comparisons | |
Pocket Option vs |
Coinmama vs |