Pocket Option vs Saxo Bank

Pocket Option vs Saxo Bank Comparison Table 2023
Pocket Option Saxo Bank
4.2

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

4
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

Pocket Option is a global binary options broker with a sleek proprietary trading platform and competitive range of assets.

A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms

66% of retail accounts lose money.
Pros
  • Demo account
  • Copy trading
  • Low minimum deposit
  • Multiple payment methods
Cons
  • No MT4 integration
  • Weak regulatory oversight
Awards
  • Best Binary Broker 2022 - DayTrading.com
Bonus
50% Deposit Bonus
Instruments
Binary Options, Currencies, Commodities, Stocks, Indices Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, warrants, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
$50
Payment Methods
Minimum Trade
$1 Vary by asset
Regulator
IFMRRC DFSA, MAS, FCA, SFC
Margin Trading
Yes No
MetaTrader 4
No No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes
Copy Trading
Yes No
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.
Social Trading
Yes No
Trade Signals
Yes 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 Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • SEK
  • DKK
  • CHF
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered
Leverage
1:30
FTSE Spread
1.2 pts (Variable)
GBPUSD Spread<
0.7 (var)
Oil Spread
0.03
Stocks Spread
0.10% (subject to min commission)
Forex Trading
Binary and OTC options can be purchased on over 30 foreign exchange pairs.
GBPUSD Spread
N/A 0.7 (varies by region)
EURUSD Spread
N/A 0.2 (varies by region)
EURGBP Spread
N/A 0.6 (varies by region)
Assets
30+ 40+
Cryptocurrency
Pocket Option supports popular cryptocurrencies on a beginner-friendly app. Trade cryptos against major fiat currencies or take a longer-term view with ETNs.
Spread
N/A Variable
Coins
  • BTC
  • ETH
  • DSH
  • BCH
  • LINK
  • BTC
  • ETH
  • LTC
  • XRP
  • XTZ
  • SOL
  • ADA
  • DOT
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
66% of retail accounts lose money.
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