Pocket Option vs OKX
| Pocket Option | OKX |
|---|---|
4.2
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4.1
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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. |
OKX is a respected cryptocurrency firm, established in 2017, that offers a large suite of products, from mining pools to NFTs. Traders can access over 400 crypto tokens via OTC trading and derivatives. With an excellent web platform, developer tools and dynamic charts, OKX is a popular choice for technical traders. |
| Customer Reviews | |
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4.3
Based on 7 Pocket Option customer reviews
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| Bonus Offer | |
| 50% Deposit Bonus | $10 in BTC |
| Comment by Reviewer | |
| "Pocket Option excels for its easy-to-use web platform which provides a best-in-class user experience for short-term binary traders. The $50 minimum deposit is also accessible for beginners while opening an account is really easy. Looking at the negatives, Pocket Option still trails alternatives in its market offering and regulatory credentials." | "OKX is a top pick for crypto traders looking for emerging coins and crypto projects to invest in. Traders can also make use of the broker's copy trading service and automated bots." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos | Spot, futures, perpetual swaps, options |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $50 | 10 USDT |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | Variable |
| Regulator | |
| MISA | VARA |
| 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 | Yes |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | Android & iOS |
| 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. |
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| Android App Rating | |
4.2 |
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| iOS App Rating | |
4 |
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| Auto Trading | |
| Yes | Yes |
| 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 | 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 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 trading not offered |
| GBPUSD Spread | |
| N/A | |
| EURUSD Spread | |
| N/A | |
| EURGBP Spread | |
| N/A | |
| Assets | |
| 55+ | |
| Cryptocurrency | |
| Pocket Option offers a modest crypto offering with 10+ digital currencies including Bitcoin and 65+ tokens if you deposit $1000. The integrated analytics feature in the platform is helpful for finding opportunities, while the daily signals service makes it straightforward to act on short-term crypto opportunities. | OKX continues to offer a superb selection of 400+ tokens including Bitcoin and Ripple. You can buy and sell tokens or trade cryptos on margin via derivatives, including perpetual swaps, options and futures. OKX stands out for its low fees, extensive range of tokens and speedy crypto transactions. |
| Spread | |
| N/A | Variable |
| Coins | |
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | Yes |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| Pocket Option offers ultra-short-term binaries from 5 seconds on one of the simplest web platforms for beginners. Payouts rival alternatives at 90%+ while the ‘Double Up’ and ‘Rollover’ features provide further opportunities to profit. Considering the negatives, the suite of 130+ assets trails binary brokers like Quotex, which offer 400+. | 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 | |
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Pocket Option vs |
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