Pocket Option vs RaceOption

Pocket Option vs RaceOption Comparison Table 2023
Pocket Option Review 2023 RaceOption Review 2023
4.2

Pocket Option is #1 in our binary options broker rankings.

3.5

RaceOption is #4 in our binary options broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

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.

RaceOption is a binary options broker operating from the Marshall Islands. With over 1,500 clients, the broker aims to offer fast funding, low fees and a secure trading environment. Traders can access over 100 binary options and CFDs, plus copy trading and weekly prizes.

Bonus Offer
50% Deposit Bonus 20% - 200% Deposit Bonus
Comment by Reviewer
"We recommend Pocket Option for aspiring binary options traders looking for copy trading services and a low minimum investment." "RaceOption will appeal to traders new to binary options looking for copy trading, contests and 24/7 customer support. Experienced traders will also appreciate the account-based perks and bonuses."
Pros
  • Live signals
  • Copy trading
  • Turbo binary options
  • 50+ payment methods
  • MT5 iOS & Android app
  • 92% payouts on binaries
  • Cashback and achievements
  • Multiple strategies supported
  • Welcome bonuses and coupon codes
  • Clients accepted from over 95 countries
  • Trading tournaments and competitions
  • Beginner-friendly copy trading opportunities in the broker's proprietary trading platform
  • Free and instant deposits via bank cards and cryptos, plus guaranteed withdrawals processing within 1 hour
  • Well-optimised proprietary mobile trading app with instant execution, full trading history and responsive live charts
  • First 3 trades are risk-free in the Silver and Gold accounts, with only $1,000 required to be eligible
  • Sign-up bonuses from 20%, plus weekly trading contests and prize giveaways
  • Flexible weekend trading available plus 24/7 multilingual customer support
  • High payouts on popular underlying assets up to 95%
Cons
  • No MT4 trading platform
  • Only one account type is available
  • IFMRRC is not a reputable regulator
  • The expiration time is limited on trades
  • $250 minimum deposit is higher than other binary options brokers
  • Unregulated broker with lower safety score
  • Limited educational resources
  • Withdrawal thresholds apply
  • No free demo account
Awards
  • Best Binary Broker 2022 - DayTrading.com
Instruments
Binary Options, Currencies, Commodities, Stocks, Indices Binary Options, CFDs
Demo Account
Yes Yes
Minimum Deposit
$50 $250
Trading Platforms
  • MT5
  • TradingView
Payment Methods
Minimum Trade
$1 $0.01
Regulator
IFMRRC
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 No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
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. The copy trading service is available 24/7 and also hosts active community groups where you can chat with other traders. Replicate the positions and strategies of multiple traders while leveraging the RaceOption leaderboard. You can start copy trading in three fast steps and follow multiple traders simultaneously.
Social Trading
Yes Yes
Trade Signals
Yes
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
Islamic Account
No No
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • AUD
  • RUB
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Access a modest range of CFD instruments across key markets, including indices and commodities. Clients can trade directly from charts with high leverage up to 1:500 and customisable time intervals.
Leverage
1:500
FTSE Spread
Floating
GBPUSD Spread
Floating
Oil Spread
Floating
Stocks Spread
Floating
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. Trade 25+ major and minor currency pairs with access to over 30 technical indicators in the broker's proprietary terminal. You can also follow and replicate other forex trades using the integrated copy trader.
GBPUSD Spread
N/A Floating
EURUSD Spread
N/A Floating
EURGBP Spread
N/A Floating
Assets
50+ 25+
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. Trade popular crypto CFDs with leverage up to 1:30 and utilize convenient crypto funding in Bitcoin, Ethereum or other altcoins. You can also enjoy fully flexible, 24/7 crypto trading at home or on the go. Cryptos are paired with USD and CNY.
Spread
N/A Floating
Coins
  • BTC
  • ETH
  • DSH
  • BCH
  • LINK
  • BTC
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. RaceOption offers 100+ binaries with decent payouts up to 95% and ultra-fast expiries from 5 seconds. With a $250 minimum deposit, clients can enjoy free deposits, fast withdrawals and a range of trading bonuses.
Payout
92% 95%
Expiry Times
5 seconds - 4 hours 5 seconds - 30 days
Ladder Options
No Yes
Boundary Options
No No
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