Pocket Option vs OctaFX

Pocket Option vs OctaFX Comparison Table 2023
Pocket Option	OctaFX
Review 4.2 Pocket Option is #1 in our binary options broker rankings.	Review 4.1
Traders from US accepted	Traders from US not accepted
Pocket Option is a global binary options broker with a sleek proprietary trading platform and competitive range of assets.	OctaFX offers commission-free multi-asset trading on MT4 & MT5 platforms with tight floating spreads. Users can also benefit from a proprietary copy trading service.
Bonus Offer
50% Deposit Bonus	Up to 50% deposit bonus
Promotions
	Get A 50% Bonus On Each Deposit At OctaFX
Pros
Demo account Copy trading Low minimum deposit Multiple payment methods	Full range of investments Low minimum deposit Highly rated MetaTrader 4 and 5 Copy trading Commission-free trading Mobile app compatibility Negative balance protection (Within EU) No deposit & withdrawal fees Comprehensive educational content Bonuses and contests available (non-EU) High Leverage 1:500 (non-EU) Demo account with access to unlimited virtual funds Offers Islamic accounts
Cons
No MT4 integration Weak regulatory oversight	Few payment methods No global stocks trading Zero pip spreads unavailable The global entity is regulated offshore Small selection of tradeable instrument
Awards
Best Binary Broker 2022 - DayTrading.com	Most Secure Broker Indonesia 2022- International Business Magazine Best Global Broker Asia 2022- International Business Magazine Best Forex Broker Pakistan 2022- Global Brands Best Forex Broker India 2022- World Finance Best Mobile Trading Platform 2022- FXDailyInfo Best In Class For Social Copy Trading 2022- Forexbrokers.com Best Trading Conditions Asia 2021- World Business Outlook
Instruments
Binary Options, Currencies, Commodities, Stocks, Indices	Forex, CFDs, indices, commodities, cryptocurrencies
Demo Account
Yes	Yes
Minimum Deposit
$50	$100
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	Credit Card Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
$1	0.01 lots
Regulator
IFMRRC	SVGFSA, CySEC
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	No
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	No
STP Account
No	No
ECN Account
No	Yes
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	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	Yes (iOS & Android)
Auto Trading
Yes	Yes
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.	Copy trading in OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance for live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time.
Social Trading
Yes	Yes
Trade Signals
Yes	Yes (EAs)
VPS Hosting
No	Yes
Tournaments
Yes	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	0
Islamic Account
No	Yes
Account Currencies
USD	USD EUR
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	Dow Jones FTSE UK Index Nasdaq
Commodities
Gold Natural Gas Oil Palladium Platinum Silver	Gasoline Gold Natural Gas Oil Silver
CFD Trading
CFD trading not offered	Trade CFDs on the financial markets with floating spreads and flexible leverage.
Leverage
	1:500 (Global), 1:30 (EU)
FTSE Spread
	1.8
GBPUSD Spread
	1.1
Oil Spread
	0.7
Stocks Spread
	Variable
Forex Trading
Binary and OTC options can be purchased on over 30 foreign exchange pairs.	OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips.
Forex App
	OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.
GBPUSD Spread
N/A	1.1
EURUSD Spread
N/A	0.7
EURGBP Spread
N/A	2.1
Assets
30+	35
Cryptocurrency
Pocket Option supports popular cryptocurrencies on a beginner-friendly app.	Trade 30+ popular digital currencies paired with the USD.
Spread
N/A	Variable
Coins
BTC ETH DSH BCH LINK	BTC LTC ETH ZEC SOL ADA DOT ATOM LINK AVAX BTB MANA MATIC NEAR IOTA DOGE DASH ALGO AAVE
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 beginner-friendly platform with competitive payouts.	Binary options trading not offered
Payout
92%
Expiry Times
5 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

Review	Review
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Pocket Option vs	OctaFX vs