Pocket Option vs IG Group
| Pocket Option Review 2023 | IG Group Review 2023 |
|---|---|
4.2
Pocket Option is #1 in our binary options broker rankings. |
4.4
IG Group is #2 in our CFD broker rankings. |
 Traders from US accepted |
Traders from US accepted |
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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. |
IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience. |
| Forex trading involves risk. Losses can exceed deposits. | |
| 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." | "IG offers a superb all-round package. Beginners will appreciate the user-friendly web platform and secure trading environment while established investors will rate the 17,000+ markets and top-tier market research." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Binary Options, Currencies, Commodities, Stocks, Indices | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $50 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | 0.01 Lots |
| Regulator | |
| IFMRRC | FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 2.5% | |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | Yes |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | Yes |
| 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, build your own on ProRealTime |
| 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 | Yes |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | Yes |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | Yes |
| Inactivity Fee | |
| $0 | $12 |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Stock Exchanges | |
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| Commodities | |
| CFD Trading | |
| CFD trading not offered | IG offers an impressive suite of 17,000+ CFD instruments. Negative balance protection ensures accounts cannot drop below zero while custom price alerts and the IG Academy enhance the trading experience. |
| Leverage | |
| 1:30 (Retail), 1:250 (Pro) | |
| FTSE Spread | |
| 1.0 | |
| GBPUSD Spread | |
| 0.9 | |
| Oil Spread | |
| 2.8 | |
| Stocks Spread | |
| 0.02 | |
| 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. | IG offers currency trading on its award-winning web platform and mobile app. Comprehensive charts and forex analysis tools are also available through ProRealTime. |
| Forex App | |
IG offers a superb all-round trading app. One of the pioneers of mobile trading, the application has been developed and refined over many years, meaning it is now among the best trading apps. Quick response, user friendly layout, access to full charting and a stable and reliable application. Top marks. |
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| GBPUSD Spread | |
| N/A | 0.9 |
| EURUSD Spread | |
| N/A | 0.8 |
| EURGBP Spread | |
| N/A | 0.9 |
| Assets | |
| 50+ | 80+ |
| Currency Indices | |
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| 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. | 11 popular cryptos are available, plus two crypto crosses. A crypto index is also offered, following the value of the top 10 digital currencies by market cap. All cryptos are available via CFDs. |
| Spread | |
| N/A | Variable |
| 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 | Yes |
| Boundary Options | |
| No | No |
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| Forex trading involves risk. Losses can exceed deposits. | |
| More Comparisons | |
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Pocket Option vs |
IG Group vs |