Pocket Option vs Expert Option

Pocket Option vs Expert Option Comparison Table 2024
Pocket Option	Expert Option
Review 4.2 Pocket Option is #1 in our binary options broker rankings.	Review 3.5
Traders from US accepted	Traders from US not accepted See available binary options brokers
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.	Expert Option is an offshore broker that offers a simple and intuitive trading experience through a bespoke, user-friendly platform. Short-term traders can access 100 popular assets via binary options contracts with payouts up to 95%, free educational resources, and market data available to upper-tier account holders.
Customer Reviews
4.4 Based on 9 Pocket Option customer reviews	5 Based on 13 Expert Option customer reviews
Bonus Offer
50% Deposit Bonus	100% deposit bonus
Promotions
Get A 50% Deposit Bonus When You Sign Up With Pocket Option
Comment by Reviewer
"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."	"Expert Option will suit aspiring traders who want to access the financial markets through an options broker with a very easy-to-learn bespoke platform. The user-friendly day trading platform is clear and reliable."
Pros
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	The broker offers an easy to use, beginner-friendly proprietary trading platform with 4 chart types and social trading features The diverse range of account currencies and 20+ accepted payment methods allow for flexible funding There's a decent range of educational resources, including trading strategies, webinars and platform tutorials The analytical tools for higher-level accounts are a useful addition for experienced day traders High payouts up to 95% are above the industry average There are no deposit and withdrawal fees which is ideal for active traders Minimum deposits are low, starting from $10
Cons
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	There's a very small list of binary assets with just 100 on offer compared to 1000+ offered by some competitors Expert Option isn't available in several countries, including the EU, Australia and the US The SVGFSA is a weak financial regulator with limited safeguarding measures Very expensive $50 dormancy fee after 3 months of no trading activity The broker doesn't offer any popular leveraged products such as CFDs
Awards
Best Binary Broker Runner Up 2023 - DayTrading.com Best Binary Broker 2022 - DayTrading.com
Instruments
Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos	Options, Stocks, Commodities, Forex, Crypto, Futures,
Demo Account
Yes	Yes
Minimum Deposit
$50	$10
Trading Platforms
Web MT4 MT5	Expert Option Web Platform
Payment Methods
Volet Airtel Bitcoin Payments Credit Card Debit Card Ethereum Payments FasaPay JetonCash Maestro Mastercard Perfect Money Visa WebMoney Wire Transfer	Bitcoin Payments FasaPay Flutterwave M-Pesa Maestro Mastercard Neteller Perfect Money Skrill UnionPay Visa WebMoney Wire Transfer
Minimum Trade
$1	$1
Regulator
MISA	SVGFSA
Margin Trading
Yes	No
STP Account
No	No
ECN Account
No	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	No
Mobile Apps
iOS & Android	iOS & Android
App Review
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.	Expert Option has an unusual mobile trading offering in that it balances education with trading, potentially serving new traders. However, our tests reveal very basic quizzes and learning materials that barely scratch the surface of binaries. The ‘Tap Game’ is also gimmicky and does little to serve serious traders.
Android App Rating
4.2	4.2
iOS App Rating
4	2.5
Auto Trading
Yes	ExpertBot
Copy Trading
Yes	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.	You can study and copy the positions of established VIPs to increase potential returns. Users can find master traders based on asset class and historic returns. A useful leaderboard is available to social traders.
Social Trading
Yes	Yes
Trade Signals
Yes	Only for Platinum and Exclusive accounts
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	$50
Islamic Account
No	No
Account Currencies
USD	USD
Stock Exchanges
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
Gold Natural Gas Oil Palladium Platinum Silver	Gold Platinum Silver
Forex Trading
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.	Expert Option traders can access some of the most popular forex pairs including USD/EUR, GBP/USD and GBP/EUR using binary options contracts that payout up to 95%, well above the industry average of around 85%.
GBPUSD Spread
N/A	Variable
EURUSD Spread
N/A	Variable
EURGBP Spread
N/A	Variable
Assets
55+	6
Cryptocurrency
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.	Traders can speculate on Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) price movements using high/low binary options on a proprietary platform. These are three of the most popular cryptocurrencies on the market, but the offering lacks the variety and volatility offered by less popular tokens.
Spread
N/A	$5 on any winning trades
Coins
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	BTC BCH ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
Binary Options
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+.	Expert Option is a well-known binary options broker providing access to 100 assets with a $5 charge on winning trades. Payouts are competitive and users can speculate on rising or falling prices with one-click in the web-accessible platform. Binaries are aimed at ultra-short-term traders, ranging from 60 seconds to 5 minutes.
Payout
92%	95%
Expiry Times
5 seconds - 4 hours	60 seconds - 5 minutes
Ladder Options
No	No
Boundary Options
No	Yes

Review	Review