Feature | Pocket Option | FXGT.com |
---|---|---|
Year Established | 2017 | Not specified |
Regulation | Regulated by the International Financial Market Relations Regulation Center (IFMRRC) | Not specified |
Trading Instruments | Binary options on forex, stocks, indices, commodities, cryptocurrencies | Forex pairs, cryptocurrencies, synthetic cryptos, NFTs, DeFis, precious metals, energies, equity indices, stocks |
Number of Instruments | Over 100 | 743 |
Trading Platforms | Web-based platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5), mobile applications for Android and iOS | MetaTrader 5 (MT5), MetaTrader 4 (MT4), FXGT App, FXGT.com Trader |
Minimum Deposit | $5 (depending on location and payment method) | $5 |
Minimum Trade Amount | $1 | Not specified |
Demo Account | Yes, with $10,000 in virtual funds | Not specified |
Payout Percentage | Up to 92% | Not applicable (as FXGT.com does not offer binary options) |
Leverage | Not specified | Up to 1:500 |
Spreads | Not specified | Variable; start from 1 pip on Standard+ and Mini accounts, from 0.5 pips on Pro accounts, and from 0 pips on ECN accounts |
Commission Fees | Not specified | ECN accounts: $5 per lot for metals, $6 per lot for fiat currencies, 0.1% of position size for cryptocurrencies |
Deposit & Withdrawal Fees | No internal fees; third-party processor fees may apply | No internal fees; third-party processor fees may apply |
Supported Payment Methods | Visa, bank transfers, e-payment platforms, cryptocurrencies | BTC, ETH, XRP, ADA, USDT(ERC20), USDT(TRC20), BitWallet, Binance Pay |
Account Types | Not specified | Standard+, Mini, Pro, ECN |
Customer Support | General chat feed, support, private messages | Not specified |
Educational Resources | Guides, tutorials | Not specified |
Additional Features | Social trading, tournaments, achievements, real-time trade signals | Not specified |
Order Execution | Advanced order types, including one-click trading and automated trading systems | Market execution with features like one-click trading, auto-close orders, and close all orders |
Over-the-Counter (OTC) Trading | Offers OTC trading with extended hours, diverse asset selection, and customizable trade parameters | Not specified |
Security Measures | Advanced encryption technologies and compliance with international financial regulations | Advanced security features, including secure mobile trading |
Mobile Trading | Mobile applications available for both Android and iOS devices | FXGT App available for both iOS and Android, offering comprehensive trading functionalities |
Algorithmic and Copy Trading | Supports automated trading systems | Supports algorithmic and copy trading |
Negative Balance Protection | Not specified | Offers negative balance protection |
Trading Strategies | Allows various trading strategies, including automated trading | No restrictions on trading strategies |
VPS Hosting | Not specified | Offers VPS hosting |
Promotions and Bonuses | Information not specified | Offers various promotions and bonuses, particularly appealing to local traders |
Regulatory Compliance | Information not specified | Operates under multiple regulatory licenses, including FSCA, FSA, VFSC, and CySEC |
Trading Instruments | Offers a variety of assets, including forex, cryptocurrencies, commodities, and stocks. | Provides access to forex pairs, cryptocurrencies, synthetic cryptos, NFTs, DeFi tokens, precious metals, energies, equity indices, and stocks. |
Account Types | Standard account with access to all features. | Offers multiple account types: Mini, Standard+, Pro, and ECN, each with distinct features and trading conditions. |
Leverage | Not specified. | Offers leverage up to 1:5000, depending on the account type and equity. |
Spreads and Commissions | Not specified. | Spreads start from 8 points on Optimus accounts, 5 points on Pro accounts, and 0 points on ECN accounts; commissions vary by account type, with ECN accounts having specific commission structures. |
Minimum Deposit | Minimum deposit starts from $5, depending on the payment method. | Minimum deposit varies by account type, starting from $5 for Mini accounts. |
Order Execution | Advanced order types, including one-click trading and automated trading systems. | Market execution with features like one-click trading, auto-close orders, and close all orders. |
Mobile Trading | Mobile applications available for both Android and iOS devices. | FXGT App available for both iOS and Android, offering comprehensive trading functionalities. |
Algorithmic and Copy Trading | Supports automated trading systems. | Supports algorithmic and copy trading. |
Negative Balance Protection | Not specified. | Offers negative balance protection. |
VPS Hosting | Not specified. | Offers VPS hosting. |
Promotions and Bonuses | Information not specified. | Offers various promotions and bonuses, particularly appealing to local traders. |
Regulatory Compliance | Information not specified. | Operates under multiple regulatory licenses, including FSCA, FSA, VFSC, and CySEC. |
Pocket Option specializes in binary options trading with social trading and tournaments, while FXGT.com offers a wider range of financial instruments, high leverage, and multiple account types, making it ideal for forex and CFD traders.