Deriv vs Pocket Option Comparison & Reviews

FeatureDerivPocket Option
Established19992017
RegulationMFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSAMISA
Minimum Deposit$5$50
Minimum Withdrawal$10$10
Demo AccountYesYes
Trading InstrumentsCFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFsBinary Options, Forex, Stocks, Indices, Commodities, Cryptocurrencies
Trading PlatformsDTrader, MT5, cTrader, TradingViewWeb, MT4, MT5
Mobile AppsiOS & AndroidiOS & Android
Payment MethodsADVcash, AstroPay, Banxa, Credit/Debit Cards, FasaPay, Maestro, Mastercard, Neteller, Paysafecard, Perfect Money, Skrill, STICPAY, Trustly, Visa, WebMoney, Wire TransferADVcash, Credit/Debit Cards, FasaPay, Maestro, Mastercard, Perfect Money, Visa, WebMoney, Wire Transfer
Minimum Trade Size0.01 Lots$1
LeverageUp to 1:1000Not specified
PayoutsUp to 100%Up to 92%
BonusesNo-deposit welcome bonus50% Deposit Bonus
Copy TradingYesYes
Social TradingNoYes
Auto TradingAvailable via DBotAvailable via third-party software
Trade SignalsAvailable on DMT5Available
Islamic AccountYesNo
Customer Support24/7 Live Support, Phone Support, Online24/7 Live Support, Phone Support, Online
Account CurrenciesUSD, EUR, GBPUSD
Commodities OfferedGold, Oil, Silver, Precious Metals, Copper, Lead, Cotton, Coffee, Natural Gas, Sugar, Cocoa, Nickel, Palladium, Platinum, ZincSilver, Gold, Natural Gas, Oil, Palladium, Platinum
Cryptocurrencies OfferedADA, ALG, AVA, BAT, BCH, BNB, BTC, DOG, DOT, DSH, EOS, ETC, ETH, FIL, IOT, LNK, LTC, MKR, NEO, OMG, SOL, TRX, UNI, XLM, XMR, XRP, XTZ, ZECBTC, 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
Regulatory AuthoritiesMalta Financial Services Authority (MFSA), Labuan Financial Services Authority (LFSA), British Virgin Islands Financial Services Commission (BFSC), Vanuatu Financial Services Commission (VFSC)International Financial Markets Relation Regulation Center (IFMRRC)
Trading FeaturesNegative Balance Protection, Multiple Trading Platforms, Extensive Payment MethodsUser-friendly Web Platform, Social Trading Features, Competitive Payouts
AwardsMost Trusted Broker 2024 - Ultimate Fintech Global Awards, Best Trading Experience LATAM 2024 - Ultimate Fintech Global Awards, Best LATAM Region Broker 2024 - Ultimate Fintech Global Awards, Best Customer Service 2024 - Global Forex AwardsBest Binary Broker Runner Up 2023 - DayTrading.com, Best Binary Broker 2022 - DayTrading.com
Order Execution SpeedUltra-fast executionFast execution
SpreadsCompetitive, starting from 0.1 pipsFixed spreads for binary options
Trade Expiry TimeCustomizableFixed for binary options
Risk Management ToolsAvailableLimited
Market DepthAvailableNot available
Algo Trading SupportYes, via DBot and APIsLimited, requires third-party integration
Third-Party Trading BotsCompatibleLimited compatibility
Charting ToolsAdvanced (TradingView, MT5, DTrader)Basic web-based charting
Indicators Available50+ (Moving Averages, RSI, MACD, Bollinger Bands, Fibonacci, etc.)30+ (Standard technical indicators)
Drawing ToolsAdvanced tools (trend lines, channels, Gann, Fibonacci)Limited drawing tools
Custom IndicatorsAvailable on MT5Not available
TimeframesMultiple, ranging from 1 second to 1 monthLimited options
Economic CalendarYesNo
Market News & AnalysisAvailableLimited
Webinars & TrainingYes, free trading webinarsLimited educational resources
Community & ForumNo official forum, but active trader communityYes, built-in chat and trader leaderboard
VIP AccountsYes, with lower spreads and additional perksYes, with exclusive trading benefits
Account TiersStandard, Advanced, VIPStandard, VIP
Cashback & RebatesYesYes
Deposit Processing TimeInstant for most methodsInstant for most methods
Withdrawal Processing Time1-2 business days (depending on method)Instant for crypto, 1-3 days for bank transfers
Withdrawal FeesNone for most methodsNone for most methods
Affiliate ProgramYes, up to 45% commissionYes, with revenue share options
Referral ProgramYes, multi-tier referral rewardsYes, single-tier referral bonuses
KYC (Know Your Customer) RequirementRequired for withdrawalsRequired for withdrawals
Geographical RestrictionsLimited in the USA, Canada, and some regulated jurisdictionsLimited in the USA, EU, and some regulated regions
Customer Review RatingsHigh (4.5+ on Trustpilot)Moderate (4.2+ on Trustpilot)
Mobile Trading ExperienceFully optimized with TradingView integrationOptimized but lacks advanced features
User InterfaceModern and customizableSimple and beginner-friendly
Overall Best ForProfessional traders, algorithmic traders, and those interested in diverse assetsBeginners, binary options traders, and those preferring social trading
Order TypesMarket, Limit, Stop, Trailing Stop, OCO (One Cancels Other)Market, Limit
Synthetic Indices TradingYes (exclusive to Deriv)No
OTC (Over-the-Counter) TradingYesYes
Weekend TradingYes, on synthetic indicesYes, on certain assets
Pre-market & After-hours TradingNoNo
Swap-Free (Islamic) AccountsYesNo
Deposit BonusNo standard deposit bonus, but occasional promotions50% deposit bonus
Account Verification Time24-48 hoursInstant to 24 hours
Leverage CustomizationYes, adjustable by traderNo customization
Risk-Free TradingNoYes (via demo contests)
Broker TransparencyHigh, detailed fee disclosuresModerate
Trading Community & Social FeaturesLimitedActive chat, trader rankings, copy trading
Automatic Trading StrategiesAvailable through DBot & APIsAvailable but requires third-party bots
Smart Contracts IntegrationNoNo
Metatrader CompatibilityMT5MT4 & MT5
Regulatory Complaints ResolutionHandled through Deriv’s regulatory frameworkLimited, due to offshore status
Account Security Features2FA, email verification, withdrawal PIN2FA, security notifications
Custom API for TradersYesNo
Account Freezing OptionYes (self-exclusion feature)No
Negative Balance ProtectionYesNo
Market Orders Execution TypeInstant ExecutionInstant Execution
Price Alerts & NotificationsYesYes
Real-Time Trading UpdatesYesYes
Auto-close FeaturesAvailableAvailable
Trading Sentiment ToolsAvailableAvailable
Instant WithdrawalsAvailable for certain e-wallets and cryptoAvailable for crypto
User-Friendly for Beginners?Moderate (advanced features, customizable UI)Yes (simple, easy-to-use UI)
Advanced Features for Professional Traders?Yes (advanced order types, API access, TradingView)No (focused on simplicity)
Regional Language SupportMultiple languagesMultiple languages
Customer Support ChannelsLive chat, phone, emailLive chat, phone, email
Automated Support (AI Chatbot)YesNo
Support Response TimeFast (within minutes)Moderate (up to an hour)
Customer Service QualityHighModerate
Most Popular AmongProfessional traders, scalpers, high-volume tradersBinary options traders, beginners
Scalping & High-Frequency Trading (HFT)AllowedNot suitable
Best FeatureSynthetic indices and algorithmic tradingSocial trading and copy trading
Worst FeatureLacks social tradingHigh minimum deposit
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Deriv is best for professional traders, offering advanced trading tools, synthetic indices, and algorithmic trading, while Pocket Option is ideal for beginners, emphasizing social trading, binary options, and an easy-to-use interface.