XTB vs Pocket Option

XTB vs Pocket Option Comparison Table 2024
XTB	Pocket Option
Review 4.8	Review 4.2

Founded in 2002 in Poland, XTB now serves more than 935,000 clients. The forex and CFD broker combines a heavily regulated trading environment with an extensive selection of 5,600+ assets and a commitment to trader satisfaction, featuring an intuitive in-house platform with superb tools to support aspiring day traders.	Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders.
78% of retail accounts lose money.
Customer Reviews
4.5 Based on 2 XTB customer reviews	4.3 Based on 7 Pocket Option customer reviews
Bonus Offer
	50% Deposit Bonus
Comment by Reviewer
"XTB stands out as a top choice for new day traders with the terrific xStation platform, commission-free pricing, no minimum deposit, and excellent educational tools, many of which are seamlessly integrated into the platform. "	"Pocket Option excels for its easy-to-use web platform which provides a best-in-class user experience for short-term binary traders. The $50 minimum deposit is also accessible for beginners while opening an account is really easy. Looking at the negatives, Pocket Option still trails alternatives in its market offering and regulatory credentials."
Pros
With over 5,600 instruments across forex, stocks, indices, ETFs, commodities, and cryptocurrencies, including CFDs, share dealing and more recently Investment Plans, XTB caters to both short-term traders and longer-term investors. The xStation platform continues to impress with its user-friendly interface and intuitive features, including customizable news feeds, sentiment heatmaps, and trader calculator, reducing the learning curve for newer traders. With an excellent range of educational materials, including training videos and articles integrated into the platform, XTB supports traders at all levels. XTB has started offering interest on uninvested balances (up to 5% on $30K+) with lower requirements than brokers like eToro (up to 5% on $50K+). Opening an XTB account is a hassle-free, entirely online process that takes just a few minutes, making the entry into day trading smooth for new traders. First-class 24/5 customer support is available, including a friendly live chat with response times of under two minutes during testing. XTB offers fast withdrawals with same-day payments if requested before 1 pm, ensuring day traders have quick access to their funds.	The web platform shines for its straightforward design and usability that will appeal to beginners looking to speculate on popular financial markets in a few clicks The MetaTrader platforms offer integrated analysis with helpful technical summaries for short-term traders The range of payment methods beats the majority of rivals, providing fast, secure and convenient deposits for traders in most countries Well-funded traders who deposit $1000+ can qualify for a 2%+ payout boost, more tradable assets and exclusive perks Extremely fast and smooth sign-up process that takes less than 2 minutes
Cons
XTB does not offer a raw spread account, which is becoming increasingly common among competitors like Pepperstone, and may disappoint day traders looking for the tightest spreads. The demo account expires after just four weeks, a serious limitation for traders who wish to thoroughly test the xStation platform and practice short-term strategies before committing real funds. XTB discontinued support for MT4, limiting traders to its proprietary platform, xStation, potentially deterring advanced day traders familiar with the MetaTrader suite. Trading fees are competitive with average spreads of around 1 pip on the EUR/USD but still trail the cheapest brokers like IC Markets, plus there's an inactivity fee after 12 months. The research tools at XTB are good but could be great if they went beyond in-house features with access to leading third-party tools such as Autochartist, Trading Central and TipRanks. Not being able to adjust the default leverage level of XTB products is frustrating, as manual adjustment can significantly mitigate trade risk, especially in forex and CFD trading.	The MISA is a weak regulator with limited investor protection for retail traders The maximum binary contract length of 4 hours is restrictive for longer-term trading strategies. Alternatives like Videforex offer binaries up to 1 month Pocket Option offers a slimmed down iteration of the MT4 and MT5 that doesn't provide the full charting package for advanced traders Despite offering competitive payouts up to 92%, binary brokers like IQCent offer higher returns up to 98% based on tests You need to deposit $1000 to access the extended list of 250+ assets, otherwise just 130+ assets are available
Awards
Best Forex Broker for Beginners 2022 Best Customer Service 2021 Best Forex Broker for Low Costs 2021 Best Mobile App for Investing 2020 #1 EMEA Bloomberg spot for FX accuracy in Q2 of 2020 and Q3 of 2018 Best Polish Forex Broker 2019 Best Execution Broker 2019	Best Binary Broker Runner Up 2023 - DayTrading.com Best Binary Broker 2022 - DayTrading.com
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs	Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos
Demo Account
Yes	Yes
Minimum Deposit
$0	$50
Trading Platforms
xStation	Web MT4 MT5
Payment Methods
Credit Card Debit Card Maestro Mastercard Neteller PayPal Paysafecard Skrill Visa Wire Transfer	ADVcash Bitcoin Payments Credit Card Debit Card Ethereum Payments FasaPay JetonCash Maestro Mastercard Perfect Money Visa WebMoney Wire Transfer
Minimum Trade
0.01 Lots	$1
Regulator
FCA, CySEC, KNF, CNMV, DFSA, FSC	MISA
Margin Trading
Yes	Yes
Margin Rate
4.5%
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
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
Year after year XTB’s app stands out for its slick design and uncluttered interface that we love. It’s quick, responsive and packed with useful features, notably integrated sentiment data, market news, economic calendars and education. The user-friendly order panel underneath the trading chart also makes placing trades, including adding take profit and stop loss levels, really straightforward.	Pocket Option delivers an excellent mobile trading experience directly through mobile and tablet browsers, without needing a native app. You can easily customize charts using the settings at the top while placing trades in one click is a breeze using the ‘higher’ and ‘lower’ buttons at the bottom of the screen. The interface also adapts seamlessly to horizontal viewing, mirroring the desktop layout for a consistent user experience.
Android App Rating
4.1	4.2
iOS App Rating
4.7	4
Auto Trading
Open API	Yes
Copy Trading
No	Yes
Copy Trading Platform
	Pocket Option hosts a user-friendly social trading service. Available in the platform, you can use the ‘Top Ranked Trades’ leaderboard, among others, to find traders to follow. The social trading solution is also available 24/7 and has active community chats. Tip: check the number of trades made and profit generated over several months rather than comparing providers over a few days.
Social Trading
No	Yes
Trade Signals
Yes	Yes
VPS Hosting
No	No
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
Yes	No
Inactivity Fee
$0	$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP HUF	USD
Stock Exchanges
Australian Securities Exchange (ASX) Bombay Stock Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq New York Stock Exchange Russell 2000 S&P 500 SIX Swiss Exchange	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index IBEX 35 Japan Exchange Group Nasdaq New York Stock Exchange S&P 500
Commodities
Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Natural Gas Nickel Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat Zinc	Gold Natural Gas Oil Palladium Platinum Silver
CFD Trading
XTB offers a huge selection of more than 2,100 CFDs spanning forex, indices, commodities, stocks, ETFs, and cryptos (location-dependant). Leverage up to 1:30 is available in the EU and UK, while global clients and pro traders can access up to 1:500. XTB stands out for its CFD trading resources and tutorials to assist traders in developing short-term trading strategies.	CFD trading not offered
Leverage
1:30 (EU) 1:500 (Global)
FTSE Spread
1.8
GBPUSD Spread
1.4
Oil Spread
0.03
Stocks Spread
0.2%
Forex Trading
XTB provides access to 70+ currency pairs with low spreads averaging around 1 pip on majors. The xStation platform offers an intuitive environment for forex traders with an excellent charting package encompassing 30+ indicators, plus a range of order types, catering to various strategies and risk management techniques.	Binary and OTC options can be purchased on 40+ currency pairs, with 55+ currency pairs available if you deposit $1000. Typical payouts are reasonable at 81% and the $1 minimum trade makes the broker accessible to new forex traders. There is also access to the MT4 and MT5 platforms for experienced forex traders.
Forex App
With over 1 million downloads and a rating of 4.5*, XTB deliver a mobile trading platform that users love. Slick and reliable, the app boasts a range of extra features including advanced charts and market sentiment indicators. Download xStation by XTB here.
GBPUSD Spread
1.4	N/A
EURUSD Spread
1.0	N/A
EURGBP Spread
1.4	N/A
Assets
70+	55+
Cryptocurrency
XTB offers an excellent selection of cryptos with more than 50 digital currencies. Spreads are tight starting from 0.22% on BTC and leverage reaches 1:5. The xStation platform also provides intra-crypto pairs like ETH/BTC and DSH/BTC. With the capability to trade cryptos 24/7, XTB ensures a secure environment with transparent accounts for cryptocurrency day trading.	Pocket Option offers a modest crypto offering with 10+ digital currencies including Bitcoin and 65+ tokens if you deposit $1000. The integrated analytics feature in the platform is helpful for finding opportunities, while the daily signals service makes it straightforward to act on short-term crypto opportunities.
Spread
0.22%	N/A
Coins
ADA BTC BCH DSH EOS ETH IOTA LTC NEO XRP XLM TRX XEM XLM XMR DOGE BNB LINK UNI DOT XTZ	BTC ETH BCH LINK AAVE ALGO TLM ALPP ANT AVAX AXS BNB ADA CHZ COMP ATOM DASH MANA DGB DOGE ENJ EOS FIL GLMR ILV ICP KAVA LTC MKR MASK MIOTA XMR ALICE NEAR NEO NULS OMG DOT MATIC QTUM REEF XRP SANTOS SC SOL STX XLM STORJ DATA SUN XTZ SAND THETA TRX UNI VET WAVES YFI YGG ZEC
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
Binary options trading not offered	Pocket Option offers ultra-short-term binaries from 5 seconds on one of the simplest web platforms for beginners. Payouts rival alternatives at 90%+ while the ‘Double Up’ and ‘Rollover’ features provide further opportunities to profit. Considering the negatives, the suite of 130+ assets trails binary brokers like Quotex, which offer 400+.
Payout
	92%
Expiry Times
	5 seconds - 4 hours
Ladder Options
No	No
Boundary Options
No	No

Review	Review
78% of retail accounts lose money.
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