World Forex vs Pocket Option
| World Forex Review 2023 | Pocket Option Review 2023 |
|---|---|
4
World Forex is #6 in our binary options broker rankings. |
4.2
Pocket Option is #1 in our binary options broker rankings. |
 Traders from US accepted |
Traders from US accepted |
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World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets. |
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. |
| Bonus Offer | |
| 100% Deposit Bonus | 50% Deposit Bonus |
| Promotions | |
| Comment by Reviewer | |
| "World Forex provides both highly leveraged CFDs and digital contracts, making this a good broker for clients who want flexible and rewarding ways to trade. The copy trading service will also appeal to newer traders." | "We recommend Pocket Option for aspiring binary options traders looking for copy trading services and a low minimum investment." |
| Pros | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts | Binary Options, Currencies, Commodities, Stocks, Indices |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $1 | $50 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | $1 |
| Regulator | |
| SVGFSA | IFMRRC |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| Yes | No |
| ECN Account | |
| Yes | 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 + Web Browser | iOS & Android |
| Auto Trading | |
| Yes | Yes |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| Use copy trading signals on MT4 to replicate strategies in your own live account. No additional fees apply and the platform is available via downloadable software plus a web-accessible solution. | 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. |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | Yes |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| Yes | Yes |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| World Forex's leveraged CFDs are available on a modest suite of 100+ instruments, including stocks, commodities and forex. Very high leverage up to 1:1000 is available for account balances up to $1000, with lower levels available to accounts with higher balances. | CFD trading not offered |
| Leverage | |
| 1:1000 | |
| FTSE Spread | |
| NA | |
| GBPUSD Spread | |
| NA | |
| Oil Spread | |
| NA | |
| Stocks Spread | |
| From 0.03 | |
| Forex Trading | |
| World Forex offers CFD and digital contract trading on 53 forex pairs, including EUR/USD and GBP/EUR. High leverage is available for CFDs, which can be accessed with competitive spreads on certain account types. | 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. |
| GBPUSD Spread | |
| From 0.6 | N/A |
| EURUSD Spread | |
| From 0.6 | N/A |
| EURGBP Spread | |
| From 0.6 | N/A |
| Assets | |
| 53 | 50+ |
| Cryptocurrency | |
| Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available. | Pocket Option supports major cryptocurrencies on a beginner-friendly app. Over 10 leading cryptocurrencies are available with very high leverage up to 1:1000. |
| Spread | |
| 0 | N/A |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry. | 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. |
| Payout | |
| 100% | 92% |
| Expiry Times | |
| 1 minute - 7 days | 5 seconds - 4 hours |
| Ladder Options | |
| No | No |
| Boundary Options | |
| No | No |
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| More Comparisons | |
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World Forex vs |
Pocket Option vs |