| Feature | Pocket Option | FP Markets |
|---|---|---|
| Year Established | 2017 | 2005 |
| Regulation | IFMRRC | ASIC, CySEC, FSCA, FSA Seychelles, CMA Kenya |
| Trading Instruments | Binary options on forex, commodities, cryptocurrencies, stocks | CFDs on forex, stocks, indices, commodities, cryptocurrencies, ETFs |
| Number of Tradable Assets | 100+ | Over 10,000 |
| Minimum Deposit | $50 | $100 AUD or equivalent |
| Maximum Leverage | Up to 1:100 | Up to 1:500 (varies by entity and instrument) |
| Trading Platforms | Proprietary web-based platform, mobile apps | MetaTrader 4, MetaTrader 5, cTrader, TradingView, IRESS, WebTrader, MT5 Mobile Trader |
| Account Types | Standard, with higher-tier accounts available for larger deposits | Standard, Raw, Islamic (swap-free), Active Traders program |
| Demo Account | Yes | Yes |
| Copy Trading | Yes | Yes, via Myfxbook AutoTrade, Signal Start, FP Markets Social Trading |
| Educational Resources | Basic tutorials and guides | Webinars, eBooks, trading courses, market analysis |
| Customer Support | 24/7 via live chat, email | 24/7 via live chat, email, phone |
| Deposit & Withdrawal Methods | Credit/debit cards, e-wallets, cryptocurrencies | Credit/debit cards, bank transfers, e-wallets (Skrill, Neteller), Bitcoin, UnionPay, FasaPay, POLi, BPay |
| Deposit & Withdrawal Fees | No deposit fees; withdrawal fees vary by method | No deposit fees; withdrawal fees vary by method |
| Inactivity Fee | No | Yes, AUD 10 per month after six months of inactivity |
| Spreads | Fixed payouts for binary options; not applicable | Variable spreads; as low as 0.0 pips on Raw account |
| Commission | No | Standard account: none; Raw account: $3 per lot per side |
| Trading Tools | Basic charting and indicators | Advanced charting tools, technical analysis, VPS services |
| Mobile Trading | Yes | Yes |
| Social Trading | Yes | Yes |
| Promotions/Bonuses | Various bonuses and promotions | Not typically offered due to regulatory restrictions |
| Order Execution Type | Market execution | ECN execution, Market execution |
| Trading Fees Structure | Included in fixed payouts | Spread-based pricing, commission on Raw accounts |
| Scalping Allowed | Not applicable for binary options | Permitted on all accounts |
| Hedging Allowed | Not applicable for binary options | Allowed on all accounts |
| Slippage Protection | No dedicated tool | Available with VPS and ECN execution |
| Stop Loss & Take Profit | Not applicable for binary options | Fully available, customizable order types |
| Market Depth (Level 2 Pricing) | Not available | Available on Raw and IRESS accounts |
| Algo & Automated Trading | Limited bot support | Supported via MetaTrader EAs, cTrader Automate, API trading |
| News & Economic Calendar | Basic in-platform news updates | Comprehensive economic calendar, market insights |
| Account Currency Options | USD, EUR, cryptocurrencies | USD, EUR, GBP, AUD, SGD, JPY, CAD, CHF, HKD, NZD, and more |
| Islamic (Swap-Free) Account Availability | Available | Available |
| Regulatory Restrictions on Promotions | Few restrictions | Strict limitations due to ASIC and CySEC regulations |
| Maximum Trade Duration | Typically up to 4 hours | No restrictions, varies by instrument |
| Micro Lot Trading (0.01 lot size) | Not applicable | Available |
| Institutional & Professional Accounts | Retail-focused | Professional, institutional, and high-volume trader accounts available |
| Multi-Account Management (MAM/PAMM) | Not offered | Available for fund managers |
| Leverage Adjustability | Not customizable | Adjustable based on jurisdiction and trader classification |
| VPS Hosting for Low Latency Trading | Not offered | Available for qualifying traders |
| Daily Market Analysis | Basic insights and signals | In-depth reports, technical/fundamental analysis, daily market outlook |
| Trading Sentiment Indicator | Basic sentiment tool | Advanced sentiment analysis tools |
| Custom Indicators & Scripts | Limited customization | Fully supported via MT4, MT5, and cTrader |
| Licenses & Jurisdictional Availability | Offshore, less regulated | Multi-jurisdictional, compliant with Tier-1 regulators |
| Trade Execution Speed | Generally fast due to fixed-payout nature | Ultra-low latency execution with dedicated servers |
| Asset Expiry Options | Predefined expiry times for binary options | No expiration for CFDs, traders close positions manually |
| Custom Trade Sizes | Predetermined trade amounts | Fully customizable lot sizes |
| Slippage Risk | Limited due to fixed returns | Depends on market conditions, reduced with ECN execution |
| Depth of Market (DOM) Visibility | Not provided | Available for Raw and IRESS accounts |
| Negative Balance Protection | Applied automatically | Available depending on the jurisdiction |
| Margin Call & Stop-Out Levels | Not applicable | Margin call at 100%, stop-out at 50% (varies by account type) |
| Trailing Stop Feature | Not available | Fully supported on MetaTrader and cTrader |
| Charting Tools & Timeframes | Basic indicators and timeframes | Advanced charting with multiple timeframes, drawing tools, and technical indicators |
| Asset Correlation Tools | Not available | Available via trading platforms and analysis tools |
| Strategy Tester for Backtesting | Not supported | Integrated into MetaTrader and cTrader platforms |
| Risk Management Tools | Manual risk assessment | Stop-loss, take-profit, risk calculator, and position sizing tools |
| Arbitrage Trading Feasibility | Not practical due to binary structure | Possible with ultra-fast execution accounts |
| Trading Contests & Tournaments | Regular trading competitions | No contests, focuses on professional trading |
| Broker Transparency & Order Flow | Limited disclosure | Full transparency with ECN pricing and liquidity provider feeds |
| Requote Occurrence | None due to binary nature | Minimal with ECN execution; possible with standard accounts under extreme volatility |
| Custom API for Trading | No API support | API trading available for institutions and professionals |
| Withdrawal Processing Speed | Typically instant to a few hours | 1-2 business days, faster for e-wallets |
| Cross-Platform Synchronization | Mobile and web sync available | Full synchronization across MetaTrader, cTrader, TradingView, and WebTrader |
| Local Currency Deposit Support | Supports major currencies and crypto | Multiple local currency options depending on the region |
| Segregated Client Funds | May not be fully segregated | Fully segregated in Tier-1 banks |
| Fund Security Measures | Offshore security policies | Regulatory-mandated capital protection, investor compensation schemes |
| Partnership & Affiliate Programs | Available with different commission structures | Multi-tier IB (Introducing Broker) program, white-label solutions |
| Support for Corporate Accounts | Primarily for individual traders | Offers corporate and institutional trading accounts |
| Market Maker vs. ECN Model | Market maker with fixed returns | True ECN/STP model for direct market access |
| Dynamic Leverage Adjustments | Not available | Adjusted based on trading volume and account type |
| Dividend & Corporate Action Adjustments | Not applicable | CFD traders receive adjustments for dividends and corporate events |
| Multi-Language Platform Support | Available in multiple languages | Supports a wide range of languages for global traders |
| Regulatory Dispute Resolution | Limited external oversight | Strong regulatory compliance with external dispute resolution mechanisms |
| Geographic Restrictions | Not available in certain regulated regions | Restricted in some countries due to compliance laws |
Pocket Option is a binary options platform with a user-friendly interface and fixed payouts, while FP Markets is a regulated CFD broker offering advanced trading tools, ECN execution, and a diverse range of assets.