Comparison of Pocket Option vs Expert Option

 

Pocket Option vs Expert Option Comparison Table 2024
Pocket Option Expert Option

Pocket Option logo

 

4.2

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

Expert Option logo

 

3.5

Expert Option is #13 in our binary options broker rankings.

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

4.3

Based on 7 Pocket Option customer reviews

5

Based on 12 Expert Option customer reviews

Bonus Offer
50% Deposit Bonus 100% deposit bonus
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
  • ADVcash
  • 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
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • INR
  • JPY
  • ZAR
  • MYR
  • IDR
  • TRY
  • SEK
  • NOK
  • DKK
  • CHF
  • HKD
  • SGD
  • RUB
  • PLN
  • CZK
  • AED
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
 

ExpertOption Reviews

April 25, 2024
Overall, I'm satisfied
My experience with ExpertOption broker is not very long. I can go straight to the pros and cons.
April 16, 2024
This company is really very professional
The day before yesterday I made my first withdrawal, today I woke up and the money was already in my account. very fast. You can put a notification when the price is reached, I think they recently added this function. In principle, I plan to continue trading here and do not stop here. I do not like only one thing, why there is no volume indicator? I hope it will be added soon.
April 6, 2024
Expert Option - A Reliable Platform for Trading Success
Having tried several trading platforms, I found Expert Option to be a standout performer. The ease of use, variety of assets, and responsive customer support have made my trading journey exceptionally smooth and profitable. Whether it's stocks, cryptocurrencies, or commodities, Expert Option provides a user-friendly interface and robust security measures that instill confidence in my investments.
April 3, 2024
Overall satisfied
I am very happy that I chose Expert Option for my investment. Working with their platform is a pleasure: everything is clear, straightforward and uncomplicated. The free signals helped me to form my trading strategy, and the variety of indicators allows me to analyse the market from different points of view. The high speed of transaction processing is what makes trading here particularly attractive.
April 2, 2024
All right!
I am impressed with the speed and performance of Expert Option. This platform is perfect for fast and efficient trading. The use of various indicators has greatly improved my results and the intuitive interface makes trading easy. It's also worth noting that the app works perfectly on all my devices, allowing me to trade anytime and anywhere.
April 1, 2024
It's cool.
Expert Option really stands out with its user-friendly and clear interface. As a trader with an average level of experience, I found all the necessary tools for effective trading. I would especially like to mention their free trading signals, which proved to be extremely accurate and useful. The high speed of the platform is also commendable - this is very important in the fast-paced world of trading.
March 29, 2024
Reliable broker
I chose Expert Option and it was the best decision for my investment! The platform is very intuitive, I easily found everything I needed to trade successfully. I am especially happy with the free signals, which help me in my decision making. Also worth noting is the high speed of the service, which is incredibly important in the fast world of trading. Thank you, Expert Option, for your contribution to my trading experience!
March 27, 2024
I liked it
Expert Option has exceeded all my expectations. Their platform is so user friendly and easy to learn that I was able to start trading quickly. The free signals and accurate indicators have greatly improved my trading skills. Thank you so much for your work and continuous improvement of the service!
March 22, 2024
Perspective option
As a newcomer to the world of trading, I think Expert Option is the perfect choice. Their trading interface is clear and easy to use. I would also like to mention the excellent performance of their signals - they are really accurate and have helped me develop my own strategy. I also appreciate the speed and ease with which I can trade on different devices.
March 19, 2024
Delight
I started using Expert Option and was amazed at how easy it is to get started. Their platform is really fast and efficient. The accurate indicators offered on the platform have really helped me improve my results. Thank you for such an easy and effective tool!

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