Feature | Pocket Option | Alpari |
---|---|---|
Company Overview | Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities, and cryptocurrencies. | Founded in 1998, Alpari is a multinational forex and CFD broker, offering services in forex trading, precious metals, and CFDs. |
Regulation | Not specified. | Licensed by the Financial Services Authority of Saint Vincent and the Grenadines. |
Trading Instruments | Binary options on forex, stocks, indices, commodities, and cryptocurrencies. | Forex, metals, cryptocurrencies, commodities, indices. |
Number of Assets | Over 100 assets. | Various currency pairs, indices, commodities, metals, energies, stocks. |
Minimum Deposit | $50. | $5. |
Leverage | Not applicable for binary options. | Up to 1:1000. |
Trading Platforms | Proprietary web platform, MetaTrader 4, MetaTrader 5. | MetaTrader 4, MetaTrader 5. |
Mobile Trading | Mobile-friendly web platform, MetaTrader mobile apps. | Available for Android and iOS. |
Demo Account | Yes. | Yes. |
Copy Trading | Yes; social trading features with leaderboards. | Yes; Alpari Copy Trading platform. |
Educational Resources | Basic tutorials and guides. | Forex webinars, trading guides, trading strategies. |
Customer Support | 24/7 live chat and email support. | Email, phone, address, live chat. |
Bonuses and Promotions | Various promotions and tournaments. | Not specified. |
Deposit and Withdrawal Methods | Credit/debit cards, e-wallets, cryptocurrencies. | Bank wire transfer, fasapay, online banking, etc. |
Payouts | Up to 92% on successful trades. | Not applicable; profit/loss depends on market movement. |
Spreads | Not applicable for binary options. | From 0.0 pips onwards. |
Execution Speed | Instant trade execution. | Not specified. |
Islamic Account | No. | Not specified. |
Inactivity Fee | No. | Not specified. |
Customer Reviews | Average rating of 4.4 based on 9 reviews. | Not specified. |
Trading Account Types | Single standard account with VIP perks based on deposit levels. | MT4 standard, MT4 micro, MT4/MT5 ECN, pro MT4 ECN. |
Margin Call & Stop Out Levels | Not applicable (binary options broker). | Not specified. |
Trade Types | High/Low binary options. | Various, depending on account type. |
Order Execution Type | Instant order execution. | Not specified. |
Hedging & Scalping Allowed | Hedging and martingale strategies supported. | Not specified. |
Account Base Currencies | USD, EUR, cryptocurrencies. | Not specified. |
Automated Trading | Supports API and custom bots. | Not specified. |
Trading Signals | Built-in trading signals for binary options. | Not specified. |
Slippage Control | No slippage (fixed payout structure). | Not specified. |
Commission Fees | No commissions on binary options trades. | Zero commission on Nano and Standard accounts, $3 per lot on ECN accounts. |
Spread Types | Not applicable (fixed payouts). | Not specified. |
Trade Expiry Times | Short-term (30 sec to 4 hours). | Not specified. |
Market Hours | 24/7 trading on select assets (crypto). | Not specified. |
Partnership & Affiliate Program | Offers multi-tier affiliate commissions. | Not specified. |
Regulatory Restrictions | Limited availability in some countries due to regulatory constraints. | Not specified. |
Social Trading Integration | Copy trading and community-based features. | Not specified. |
Advanced Charting Tools | Integrated indicators and drawing tools. | Not specified. |
VIP & Loyalty Programs | Higher payouts and risk-free trades for high-volume traders. | Not specified. |
Deposit Processing Time | Instant for most payment methods. | Not specified. |
Withdrawal Processing Time | Usually within 24 hours. | Not specified. |
Regulated Trading Conditions | No regulatory oversight for binary options. | Not specified. |
Leverage Customization | Not applicable for binary options. | Not specified. |
Account Verification | Requires ID verification for withdrawals and higher deposit limits. | Not specified. |
Minimum Trade Size | $1 per trade. | Not specified. |
Maximum Trade Size | Varies based on account status; VIP accounts have higher limits. | Not specified. |
Risk Management Tools | Fixed risk per trade due to binary options structure. | Not specified. |
One-Click Trading | Enabled for fast order execution. | Not specified. |
Market Depth (Level II) | Not available. | Not specified. |
Profit Withdrawal Limits | No restrictions on withdrawals. | Not specified. |
Negative Balance Protection | Not needed (binary options trading). | Not specified. |
Weekend Trading Availability | Cryptocurrency assets can be traded 24/7. | Not specified. |
Custom Indicators & Scripts | Limited to built-in indicators. | Not specified. |
Economic Calendar Integration | Built-in economic news alerts. | Not specified. |
High-Frequency Trading (HFT) Support | Allowed for short-term binary trades. | Not specified. |
Latency & Execution Speed | Fast execution optimized for short-term binary options. | Not specified. |
Virtual Private Server (VPS) Support | Not provided. | Not specified. |
Advanced Order Types | Limited to call/put trades with fixed expiry. | Not specified. |
Trading Restrictions in Certain Countries | Some countries may block binary options brokers. | Not specified. |
Trading Platforms | Proprietary web-based platform | MetaTrader 4, MetaTrader 5, proprietary platform for high-volume trades |
Mobile Trading | Yes, available for Android and iOS | Yes, available for Android and iOS |
Cryptocurrency Trading | Yes, including BTC, ETH, LTC, XRP | Yes, including BTC, ETH, LTC, XRP |
Tradable Instruments | Binary options on forex pairs, commodities, stocks, cryptocurrencies | Forex, metals, cryptocurrencies, commodities, indices |
Spread Range | Not applicable (binary options broker) | Forex spreads from 0.7 to 1.2 pips, commodities from 0.3 to 2.5 pips, indices from 1 to 2.0 pips |
Commission Structure | No commissions on binary options trades | Commissions on forex trading range from $1.5 to $3 per lot, depending on account type |
Deposit and Withdrawal Methods | Credit/debit cards, e-wallets, cryptocurrencies | Bank transfers, credit/debit cards, e-wallets (Skrill, Neteller, FasaPay, WebMoney), cryptocurrencies |
Processing Time for Deposits and Withdrawals | Instant deposits; withdrawals processed within 24 hours | Deposits usually processed instantly; withdrawals processed within one business day, with time to reach client's account depending on payment provider |
Trading Instruments | Binary options on various assets | Forex, commodities, metals, indices, stock CFDs, cryptocurrencies |
Copy Trading Services | Social trading features with leaderboards | Copy trading services through PAMM accounts |
Customer Support Availability | 24/7 live chat and email support | Phone, live chat, email; available 24/5 |
Educational Resources | Basic tutorials and guides | Educational section with news, analysis, webinars, trading guides, and strategies |
Bonuses and Promotions | Various promotions and tournaments | Deposit commission waiver for China UnionPay deposits; Alpari Cashback program |
Restricted Countries | Some countries may block binary options brokers | Services not available in USA, UK, Japan, Canada, North Korea, Sudan, Syria, Cuba, Myanmar, European Union countries |
Pocket Option is a binary options broker focused on simple trading, fast transactions, and social trading, while Alpari is a forex and CFD broker offering diverse account types, MetaTrader platforms, and advanced trading tools. Both cater to different trading needs, with Pocket Option prioritizing accessibility and Alpari emphasizing market depth and professional trading.