Pocket Option vs Pepperstone
Pocket Option Review 2023 | Pepperstone Review 2023 |
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4.2
Pocket Option is #1 in our binary options broker rankings. |
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4.8
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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. |
Pepperstone is a leading online broker with over 400,000 clients in more than 175 countries. The top-rated firm offers excellent market access, industry-leading platforms in MT4, MT5, TradingView and cTrader, plus low fees with no hidden charges. Pepperstone is also heavily regulated with a high trust score, holding licenses with reputable bodies, including the FCA, ASIC, DFSA, and CySEC. |
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. | |
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." | "Pepperstone is a best-in-class broker. Experienced traders benefit from razor sharp spreads with sophisticated automation tools and over 1000 instruments. Newer traders get user-friendly platforms, rich education materials and 24/7 support." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Binary Options, Currencies, Commodities, Stocks, Indices | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, 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, CySEC, DFSA, CMA, BaFin, SCB |
Margin Trading | |
Yes | Yes |
STP Account | |
No | Yes |
ECN Account | |
No | Yes |
DMA Account | |
No | Yes |
MAM Account | |
No | Yes |
PAMM Account | |
No | Yes |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | Yes |
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 | iOS, Android & Windows |
Auto Trading | |
Yes | Expert Advisors (EAs) on MetaTrader, cBots on cTrader |
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. The copy trading service is available 24/7 and also hosts active community groups where you can chat with other traders. | Pepperstone offers an impressive range of third-party platforms, including DupliTrade, a tool that allows investors to automatically replicate the trading activity of experts. |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes | Yes (Via Chartist Software) |
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 | $0 |
Islamic Account | |
No | Yes |
Account Currencies | |
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Stock Exchanges | |
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Commodities | |
CFD Trading | |
CFD trading not offered | Pepperstone is a fast and reliable CFD broker with 1200+ assets covering forex, commodities, shares, indices, and ETFs. You can also trade currency indices, which aren't available at many alternatives. CFDs can be traded on four leading platforms with a choice of accounts and base currencies. Expert Advisors (EAs) are also supported for automated trading strategies. |
Leverage | |
1:30 (Retail), 1:500 (Pro) | |
FTSE Spread | |
1.0 | |
GBPUSD Spread | |
0.0 | |
Oil Spread | |
2.0 | |
Stocks Spread | |
From 0.0 pts for US shares | |
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. | Pepperstone offers ultra-low spreads from 0.0 pips on the Razor account and has an excellent selection of 60+ pairs. The broker boasts an impressive 99.94% fill rate with no requotes or dealing desk intervention. Forex lots start at 0.01. |
Forex App | |
Pepperstone deliver their MetaTrader 4 and MetaTrader 5 platforms across both Android and iOS. With faster processing times, the ability to hedge your positions, advanced pending orders and more tools and indicators to take your trading to the next level – the Pepperstone mobile app is a powerful addition. |
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GBPUSD Spread | |
N/A | 1.0 |
EURUSD Spread | |
N/A | 1.0 |
EURGBP Spread | |
N/A | 1.2 |
Assets | |
50+ | 60+ |
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. | Take positions on cryptos like Bitcoin with up to 1:10 leverage. Pepperstone also offers popular altcoins, as well as crypto indices, which offer a holistic view on the digital currency market. |
Spread | |
N/A | BTC 30, ETH 0 |
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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CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. | |
More Comparisons | |
Pocket Option vs |
Pepperstone vs |