World Forex vs Pocket Option
World Forex Review 2023 | Pocket Option Review 2023 |
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4
World Forex is #6 in our binary options broker rankings. |
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4.2
Pocket Option is #1 in our binary options broker rankings. |
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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 | |
World Forex vs |
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