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Pocket Option
#1 in our binary options broker rankings
Accepts traders from Niger
Rating breakdown
- Regulation & trust2.02.5 lower than FOREX.com (4.5)
- Assets & markets2.51.5 lower than FOREX.com (4.0)
- Fees & costs3.50.7 lower than FOREX.com (4.2)
- Platforms & tools3.31.3 lower than FOREX.com (4.6)
- Accounts & banking3.50.5 lower than FOREX.com (4.0)
- Education3.50.4 lower than FOREX.com (3.9)
- Research3.01.8 lower than FOREX.com (4.8)
- Customer support3.30.6 lower than FOREX.com (3.9)
FOREX.com’s score. Numbers show the difference.
FOREX.com
#35 in our CFD broker rankings
Accepts traders from Niger
Rating breakdown
- Regulation & trust4.52.5 higher than Pocket Option (2.0)
- Assets & markets4.01.5 higher than Pocket Option (2.5)
- Fees & costs4.20.7 higher than Pocket Option (3.5)
- Platforms & tools4.61.3 higher than Pocket Option (3.3)
- Accounts & banking4.00.5 higher than Pocket Option (3.5)
- Education3.90.4 higher than Pocket Option (3.5)
- Research4.81.8 higher than Pocket Option (3.0)
- Customer support3.90.6 higher than Pocket Option (3.3)
Pocket Option’s score. Numbers show the difference.
| Pocket Option | FOREX.com | |
|---|---|---|
| Overview | 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. | Founded in 2001, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms. |
| Customer Reviews | Based on 23 customer reviews | Based on 5 customer reviews |
| Trustpilot Score | – | |
| Bonus Offer | 100% Deposit Bonus | 20% Welcome Bonus Up To $5,000 |
| Comment by Reviewer | “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.” | “FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools.” |
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| Instruments | Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos | Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $5 | $100 |
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| Payment Methods | Debit Card, Credit Card, Visa, Mastercard, Wire Transfer, Local Bank Transfer, Skrill, Neteller, PayPal, PayNow | |
| Minimum Trade | $1 | 0.01 Lots |
| Regulator | – | NFA, CFTC, CIRO, FCA, CySEC, ASIC, FSA, MAS, CIMA, CMA-UAE |
| Margin Trading | Yes | Yes |
| STP Account | No | Yes |
| ECN Account | No | Yes |
| DMA Account | No | Yes |
| MAM Account | No | No |
| PAMM Account | No | No |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | Yes | Yes |
| Robo Advisor | No | No |
| Negative Balance Protection | No | Yes |
| Market Maker | Yes | No |
| P2P Trading | No | No |
| Spot Trading | Yes | Yes |
| Mobile Apps | Android (plus APK), iOS via mobile web trader and progressive web app | iOS & Android |
| App Review | 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. | Running alongside the MT4 and Web Trader platforms, the FOREX.com app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd. Additionally, it beats out MT4 when it comes to mobile charting tools, with over 80 indicators and 11 chart types, not to mention a slicker design that we love. |
| Android App Rating | ||
| iOS App Rating | – | |
| Auto Trading | Yes | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | Yes | No |
| 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 | Yes | No |
| Trade Signals | 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 | $15 |
| Islamic Account | Yes | Yes |
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| CFD Trading | ||
| Overview | CFD trading not offered | With the ability to take both long and short positions on 5,500+ CFDs across forex, stocks, indices, commodities, and cryptocurrencies, FOREX.com excels. Its exclusive Web Trader platform offers an excellent trading experience, equipped with over 80 technical indicators and average execution speeds of just 20 milliseconds, ensuring an optimal environment for serious day traders. |
| Leverage | – | 1:400 |
| FTSE Spread | – | 1.0 |
| GBPUSD Spread | – | 1.3 |
| Oil Spread | – | 2.5 |
| Stocks Spread | – | 0.14 |
| Forex Trading | ||
| Overview | 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. | FOREX.com continues to uphold its stature as a premier FX broker, offering 80 currency pairs and boasting some of the most competitive fees in the industry. With EUR/USD spreads dipping as low as 0.0 and $7 commission per $100k, it stands out. |
| GBPUSD Spread | N/A | 1.3 |
| EURUSD Spread | N/A | 1.2 |
| EURGBP Spread | N/A | 1.4 |
| Assets | 55+ | 84 |
| Cryptocurrency | ||
| Overview | 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. | You can trade a small range of 8+ cryptos against USD, EUR, GBP and AUD with tight spreads and no virtual wallet required. Algo traders can also utilize Expert Advisors (EAs) to automate their crypto trades. |
| Spread | N/A | BTC 1.4%, ETH 2% |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
| Binary Options | ||
| Overview | 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. | Binary options trading not offered |
| Payout | 92% (218% on accumulator Express Trades) | – |
| Expiry Times | 3 seconds - 4 hours | – |
| Ladder Options | No | No |
| Boundary Options | No | No |