Pocket Option vs Expert Option

Which One is Better? Pocket Option vs Expert Option

Are you looking for a binary options broker that can help you make profitable trades? Look no further than Pocket Option and Expert Option! These two popular brokers have been making waves in the trading industry with their advanced platforms, intuitive interfaces, and attractive bonuses. But which one is the better choice for your investment goals? In this blog post, we’ll compare Pocket Option vs Expert Option across several key factors such as regulation, trading platform, mobile apps, demo accounts, assets available for trade and more. So without further ado, let’s dive into the details and find out which one of these brokers comes out on top!

	Winner
Broker Name	Pocket Option	Expert Option
Founded	2017	2014
Regulation	IFMRRC	VFSC
Demo
Min. Deposit	$10	$10
Min. Investment	$1	$1
Max. Investment	$1000	$3000
Instruments	Binary Options, Forex	Binary Options
Assets	+100	+100
Available On:	Android, iOS, Web	Android, iOS, Windows, MacOS, Web
	Visit Pocket Option	Visit Expert Option

History

Both Pocket Option and Expert Option are relatively new players in the world of binary options trading. Pocket Option was founded in 2017, while Expert Option was established a year earlier in 2014.

Despite being newer to the scene, both brokers have quickly gained popularity for their user-friendly platforms and attractive features. They’ve also earned positive feedback from traders around the world who appreciate their focus on customer support.

However, unlike other well-established brokers that have been operating for years or even decades, neither Pocket Option nor Expert Option has yet had a chance to build up a substantial reputation over time. This means that there is less information available regarding their track record or reliability compared to more established brokers.

That being said, both Pocket Options and Expert Options continue to grow rapidly each day by expanding its reach across different countries with an aim of providing quality services at affordable prices

Regulation

Regulation is an important aspect to consider when choosing a binary options broker. It ensures that the broker follows strict rules and regulations set by governing bodies, providing traders with protection against fraud and malpractice.

Pocket Option is regulated by the International Financial Market Relations Regulation Center (IFMRRC). This regulatory body monitors brokers’ activities to ensure they comply with international financial standards. Additionally, Pocket Option uses advanced security protocols like SSL encryption technology to protect its clients’ personal information from unauthorized access.

Expert Option, on the other hand, is not regulated in several countries including Australia, Canada, Japan, Syria, Sudan and Iran among others. However it has been licensed under Vanuatu Financial Services Commission (VFSC), which means they follow specific guidelines laid out by this commission.

It’s important for traders to understand the regulatory status of their chosen broker before depositing funds into their accounts. Traders should always choose a regulated broker as it provides them with peace of mind knowing that their investments are secure and protected according to industry standards.

Trading Platform

Both Pocket Option and Expert Option offer their traders a user-friendly and intuitive trading platform. Pocket Option’s platform is web-based, which means that you can access it directly from your browser without having to download any software. On the other hand, Expert Option offers both a web-based platform as well as a downloadable desktop application.

Pocket Option allows its traders to customize their trading interface by choosing from three different layouts: Chart layout, Classic layout and Candlestick layout. Furthermore, they have an extensive range of technical analysis tools such as indicators and drawing tools that can help traders make informed decisions.

Expert Option’s trading platform is equipped with advanced charting capabilities which includes multiple timeframes along with 4 types of charts – line, candlestick, bar and area charts. Additionally, they provide more than 20 technical analysis indicators that can be customized according to personal preferences.

Both platforms are very responsive even during high volatility periods in the markets due to their robust servers infrastructure ensuring fast order execution speed.
Both platforms offer great functionality for binary options trading making them appealing choices for beginners as well as experienced traders alike.

Mobile Apps

When it comes to binary options trading, having access to a reliable and user-friendly mobile app can make all the difference. Both Pocket Option and Expert Option offer mobile apps for traders on-the-go, but which one comes out on top?

Expert Option’s mobile app is highly rated among traders, offering a sleek design and intuitive navigation. The app allows for quick trades and features real-time market updates, making it easy to stay up-to-date on your investments.

Pocket Option also offers a mobile app with similar features such as real-time market updates and fast trade execution. However, some users have reported glitches in the app’s performance and occasional crashes.

While both platforms offer convenient mobile trading options, Expert Option’s superior design and functionality give it an edge over Pocket Option in this category. For those who prioritize being able to easily manage their investments from anywhere at any time, Expert Option is the clear winner for its exceptional mobile app experience.

Demo

Both Pocket Option and Expert Option offer free demo accounts for their users. These demo accounts provide traders with a risk-free way to test out the platform’s features and trading strategies before investing real money.

Pocket Option’s demo account is available immediately after registration and comes pre-loaded with $10,000 in virtual funds. This allows traders to practice their skills without worrying about losing any of their own money.

On the other hand, Expert Option’s demo account is only available after completing the registration process and requires verification through email or phone number. However, it also provides traders with $10,000 in virtual funds to trade with.

Both platforms have similar features in their demos including access to all tradable assets, trading tools such as indicators and charting options, as well as customer support services.

Both Pocket Option and Expert Option offer excellent demo accounts for new traders looking to hone their skills before investing real money into binary options trading.

Assets

When it comes to trading assets, both Pocket Option and Expert Option offer a wide range of options for traders. However, there are some differences between the two platforms.

Pocket Option offers over 100 different trading instruments, including forex pairs, cryptocurrencies, commodities, and stocks from around the world. This gives traders a lot of variety with which to work.

Expert Option also offers a range of asset classes such as currency pairs, commodities (like gold and oil), indices (such as Dow Jones or NASDAQ) and stocks. Despite having fewer assets than Pocket Options has more than enough to satisfy most traders’ needs.

One notable difference between the two is that Expert Option does not currently offer any cryptocurrency trading on their platform while Pocket Options have several available crypto options.

Both platforms offer their own unique selection of assets for traders to choose from. It’s important for each trader to evaluate which broker would fit their particular instrument preferences before making any decision.

Deposit & Withdrawal

Deposit and withdrawal methods are crucial when it comes to choosing a binary options broker. Pocket Option offers a wide range of deposit and withdrawal methods, including credit cards (Visa, MasterCard), e-wallets (WebMoney, Yandex) and cryptocurrencies (Bitcoin, Ethereum). The minimum deposit is $50 for most payment methods.

Expert Option also provides several deposit and withdrawal options such as bank transfers, credit/debit cards and e-wallets like Neteller or Skrill. However, their list of accepted cryptocurrencies is limited compared to Pocket Option. Also, the minimum deposit amount varies depending on the chosen method.

Both brokers offer fast withdrawals within 24 hours processing time with no hidden fees or commissions. It’s important to note that some payment methods may have additional charges by your bank or financial institution.

Both Pocket Option and Expert Option provide convenient ways to fund your account and withdraw funds quickly. It ultimately depends on individual preferences in terms of payment method availability and fees associated with each option.

Bonuses

Both Pocket Option and Expert Option offer bonuses to their traders. However, the amount of bonus varies between them. Pocket Option offers up to 100% deposit bonus for new traders while Expert Option offers up to 125% welcome bonus.

Pocket Option also provides a loyalty program where you can earn cashback based on your trading volume. The more you trade, the higher your cashback percentage will be.

Expert Option has a unique feature called “trading tournaments” where you can participate in competitions and win prizes such as smartphones, laptops, or even cars.

It’s important to note that both brokers have specific terms and conditions attached to their bonuses. Make sure to read them carefully before accepting any bonuses offered by either broker.

Both Pocket Option and Expert option provide attractive bonuses for their users which can add additional value to your trading experience.

Special Features

When it comes to special features, Pocket Option and Expert Option both offer unique offerings that can set them apart from other binary options brokers.

Pocket Option offers a feature called copy trading, which allows users to automatically replicate the trades of successful traders on the platform. This can be useful for those who are new to trading or lack confidence in their own abilities. By following successful traders, they may be able to learn and earn at the same time.

On the other hand, Expert Option offers signals as a special feature. These signals provide real-time recommendations on when to buy or sell assets based on market analysis conducted by experienced traders. This offering can help users make more informed decisions about their trades and potentially increase profits.

While both features have their benefits, it ultimately depends on each individual’s preference and trading style. Copy trading is ideal for those looking to follow others’ strategies closely while signals are more suited for those who want real-time market advice before making decisions themselves.

Where are they available?

Pocket Option and Expert Option are online trading platforms that allow traders to invest in various financial assets, including binary options. However, their availability differs from one another.

Pocket Option is a global platform accessible from any country worldwide. This means that traders can join the platform regardless of where they live or work. On the other hand, Expert Option operates in some countries but not all.

Expert Option is unavailable for residents of USA, Canada, Japan, Syria, Sudan, Iran, Israel and Australia due to regulatory restrictions. Additionally, it cannot be accessed by traders within the European Union due to licensing requirements.

This limited availability may be a disadvantage for some traders who reside in these regions since they cannot access the unique features available on this platform.

In contrast, Pocket Option’s universal accessibility ensures that anyone can have access to its innovative trading platform with no geographical limitations.

Ultimately when choosing between Pocket Option and Expert Option as your preferred broker it’s important to consider whether you’re residing within either company’s service areas.

How to choose binary options broker?

Choosing the right binary options broker can be a daunting task, especially if you are new to trading. With so many brokers available in the market today, it’s important to take your time and carefully consider your options before making a decision.

The first thing you should look for when choosing a binary options broker is their reputation. This includes checking their regulatory status, as well as reading reviews from other traders who have used their services.

Another factor to consider is the trading platform offered by the broker. Make sure that it is user-friendly and has all of the features you need for successful trading.

You should also pay attention to any fees charged by the broker, including deposit and withdrawal fees, as well as any commissions or spreads on trades.

In addition to these factors, it’s important to choose a broker that offers good customer support. Look for brokers with multiple channels of communication available 24/7.

Don’t forget about bonuses and promotions offered by brokers. While they shouldn’t be the only factor in your decision-making process, they can certainly sweeten the deal if everything else checks out.

Conclusion

After comparing Pocket Option and Expert Option on various aspects, it’s clear that both have their own strengths and weaknesses.

When it comes to history, regulation, trading platform, mobile apps, demo accounts and assets offered for trading, both brokers offer similar features. However, there are some key differences in deposit & withdrawal methods as well as bonuses offered by each broker.

Pocket Option stands out with its unique feature of copy trading while Expert Option offers signals. Moreover, Pocket Option is available worldwide whereas Expert option has several limited countries due to regulations.

Choosing a binary options broker can be a daunting task but considering your personal preferences and requirements will help you make the right decision. It’s important to research thoroughly before investing any funds into these platforms.

Both Pocket Option and Expert Option are reputable binary options brokers with their own set of advantages which cater to different traders’ needs. Ultimately making the choice between them depends on what you’re looking for in an online trading platform.