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Pocket Option
#1 in our binary options broker rankings
Accepts traders from SPAM
Rating breakdown
- Regulation & trust2.00.5 higher than Quotex (1.5)
- Assets & markets2.5same as Quotex (2.5)
- Fees & costs3.50.5 lower than Quotex (4.0)
- Platforms & tools3.30.2 lower than Quotex (3.5)
- Accounts & banking3.50.2 higher than Quotex (3.3)
- Education3.50.2 higher than Quotex (3.3)
- Research3.01.5 higher than Quotex (1.5)
- Customer support3.31.8 higher than Quotex (1.5)
Quotex’s score. Numbers show the difference.
Quotex
#3 in our binary options broker rankings
Accepts traders from SPAM
Rating breakdown
- Regulation & trust1.50.5 lower than Pocket Option (2.0)
- Assets & markets2.5same as Pocket Option (2.5)
- Fees & costs4.00.5 higher than Pocket Option (3.5)
- Platforms & tools3.50.2 higher than Pocket Option (3.3)
- Accounts & banking3.30.2 lower than Pocket Option (3.5)
- Education3.30.2 lower than Pocket Option (3.5)
- Research1.51.5 lower than Pocket Option (3.0)
- Customer support1.51.8 lower than Pocket Option (3.3)
Pocket Option’s score. Numbers show the difference.
| Pocket Option | Quotex | |
|---|---|---|
| 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. | Established in 2019, Quotex is a broker that offers 100+ assets, including forex, stocks, indices, commodities, and cryptocurrencies. The platform emphasizes user-friendly features, complete with short-term contracts that span 5 seconds to 4 hours alongside payouts that can reach 98%. |
| Customer Reviews | Based on 23 customer reviews | Based on 22 customer reviews |
| Bonus Offer | 100% Deposit Bonus | 30% Deposit Bonus |
| 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.” | “Quotex may suit active traders seeking fast, fixed-return trades with above-average payouts of up to 98%. The fast, fully digital onboarding process and low $10 minimum deposit also make it especially accessible for aspiring traders. The binary platform is regularly improved, featuring daily trading signals and a genuinely intuitive interface.” |
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| Instruments | Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos | Binary Options on Stocks, Indices, Forex, Commodities, Cryptos |
| Demo Account | Yes | Yes |
| Minimum Deposit | $5 | $10 |
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| Payment Methods | ||
| Minimum Trade | $1 | $1 |
| Margin Trading | Yes | No |
| 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 | Yes | No |
| Robo Advisor | No | No |
| Negative Balance Protection | No | No |
| Market Maker | Yes | Yes |
| P2P Trading | No | No |
| Spot Trading | Yes | No |
| Mobile Apps | Android (plus APK), iOS via mobile web trader and progressive web app | Android, iOS via progressive web app |
| 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. | Quotex offers a fully-featured trading app that's packed with helpful tools, from dynamic charting to signals. It follows the same user-friendly design as the web-based desktop platform, ensuring a smooth transition whether you're trading from a computer, tablet or mobile device. The flexible design with light and dark modes is a nice touch. |
| Android App Rating | ||
| Auto Trading | Yes | No |
| Copy Trading | Yes | Yes |
| 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. | Quotex offers binary copy trading with an integrated tab in the platform that shows recent trades from other users. The appeal is the ability to replicate experienced traders on one of the most established binary platforms. Still, there was limited data on copy traders and their strategies during our latest tests, so caution is required. |
| Social Trading | Yes | No |
| Trade Signals | Yes | Daily Trading Signals |
| VPS Hosting | No | No |
| Tournaments | Yes | Yes |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | $0 | 1% of daily balance (min $1/day) after 180 days of inactivity |
| Islamic Account | Yes | No |
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| Stock Exchanges | ||
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| 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. | You can trade binaries on 40+ currency pairs including majors, minors and exotics. This is a smaller range of forex assets than some competitors but payouts are reasonable, climbing to over 80% on the EUR/USD during testing. |
| GBPUSD Spread | N/A | N/A |
| EURUSD Spread | N/A | N/A |
| EURGBP Spread | N/A | N/A |
| Assets | 55+ | 40+ |
| 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. | Quotex only offers binary options trading on a modest handful of major cryptos like Bitcoin, Ethereum and Litecoin. However, it excels for crypto payouts, which stayed high during our tests in peak sessions, reaching 94% on Bitcoin. It’s also got one of the easiest to use platforms for beginner crypto binary traders. |
| Spread | N/A | N/A |
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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. | Quotex continues its streak near the top of the industry with ultra-short-term binaries on a growing selection of 400+ assets and payouts up to 98%. The firm provides a web platform that delivers a smooth user experience with a clean design, multiple charting styles, dozens of indicators and daily signals for actionable trading ideas. |
| Payout | 92% (218% on accumulator Express Trades) | 98% |
| Expiry Times | 3 seconds - 4 hours | 5 seconds - 4 hours |
| Ladder Options | No | No |
| Boundary Options | No | No |