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SimpleFX vs Pocket Option

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

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

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

SimpleFX is a CFD broker offering the popular MT4 platform plus its own SFX WebTrader platform. Account holders benefit from low trading fees with tight spreads.

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

Pros
  • API & VPS
  • Ethereum staking
  • No minimum deposit
  • Fast customer support
  • Beginner-friendly platform
  • Multi-currency single account
  • Demo account
  • Copy trading
  • Low minimum deposit
  • Multiple payment methods
Cons
  • Unregulated
  • MetaTrader 5
  • Limited non-crypto funding methods
  • No MT4 integration
  • Weak regulatory oversight
Awards
  • The Best Trading Platform Cryptocurrency, World Expo 2022 - Warsaw
  • Best Mobile App 2020 - Rankia Awards
  • The Best Trading Platform, Finance World Expo 2019 - Zug
  • Best Cryptocurrency Trading Platform, Cryptocurrency World Expo 2018 - Berlin
  • Best Binary Broker 2022 - DayTrading.com
Promotions

Sign Up With SimpleFX For A $2500 Instant Deposit Bonus
Bonus
50% Deposit Bonus
Instruments
Forex, indices, shares, commodities, cryptocurrencies Binary Options, Currencies, Commodities, Stocks, Indices
Demo Account
Yes Yes
Minimum Deposit
$0 $50
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
IFMRRC
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes No
ECN Account
No No
DMA Account
Yes No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
Yes No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS, Android + Web Trader iOS & Android
Auto Trading
Yes Yes
Copy Trading
No 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.
Social Trading
Yes Yes
Trade Signals
Yes Yes
VPS Hosting
Yes No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
3% $0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
Stock Exchanges
Commodities
CFD Trading
Leveraged CFD products are available in multiple financial markets. CFD trading not offered
Leverage
1:500
FTSE Spread
1.3
GBPUSD Spread<
1.2
Oil Spread
0.03
Stocks Spread
Variable
Forex Trading
Trade currency pairs with tight spreads and 1:500 leverage. Binary and OTC options can be purchased on over 30 foreign exchange pairs.
GBPUSD Spread
1.2 N/A
EURUSD Spread
0.9 N/A
EURGBP Spread
0.9 N/A
Assets
60 30+
Cryptocurrency
Trade crypto and US Dollar CFDs. Pocket Option supports popular cryptocurrencies on a beginner-friendly app.
Spread
From 0.0001 N/A
Coins
  • BTC
  • BHC
  • LTC
  • ETH
  • ETC
  • XRP
  • LNK
  • WAV
  • XTZ
  • YFI
  • ADA
  • DOT
  • EOS
  • NEO
  • BNB
  • XMR
  • BTC
  • ETH
  • DSH
  • BCH
  • LINK
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Pocket Option offers short term binary options on a beginner-friendly platform with competitive payouts.
Payout
92%
Expiry Times
5 seconds - 4 hours
Ladder Options
No No
Boundary Options
No No
Review
Review
More Comparisons
SimpleFX
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