Feature | Pocket Option | FBS |
---|---|---|
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 2009, FBS is a CFD broker operating in over 150 countries, serving more than 27 million traders. |
Regulation | Not specified. | Regulated by ASIC (Australia) and CySEC (Cyprus). |
Trading Instruments | Binary options on forex, stocks, indices, commodities, and cryptocurrencies. | CFDs on forex, commodities, indices, and stocks. |
Number of Assets | 100+ assets. | 70+ currency pairs; limited selection of commodities and indices. |
Minimum Deposit | $50. | $5. |
Leverage | Not applicable for binary options. | Up to 1:3000 (varies by region). |
Trading Platforms | Proprietary web platform; MetaTrader 4 and 5. | MetaTrader 4 and 5; proprietary FBS Trader app. |
Mobile Trading | Mobile-friendly web platform; MetaTrader mobile apps. | FBS Trader app; MetaTrader mobile apps. |
Demo Account | Yes. | Yes. |
Copy Trading | Yes; social trading features with leaderboards. | No. |
Educational Resources | Basic tutorials and guides. | Extensive resources including webinars, tutorials, and market analysis. |
Customer Support | 24/7 live chat and email support. | 24/7 customer support via live chat, email, and phone. |
Bonuses and Promotions | Various promotions and tournaments. | 50% deposit bonus. |
Deposit and Withdrawal Methods | Credit/debit cards, e-wallets, cryptocurrencies. | Over 200 funding options including bank transfers, credit/debit cards, and e-wallets. |
Payouts | Up to 92% on successful trades. | Not applicable; profit/loss depends on market movement. |
Spreads | Not applicable for binary options. | Competitive spreads starting from 0.7 pips for EUR/USD. |
Execution Speed | Instant trade execution. | Execution speeds from 10 milliseconds. |
Islamic Account | No. | Yes. |
Inactivity Fee | No. | No. |
Customer Reviews | Average rating of 4.4 based on 9 reviews. | Average rating of 5 based on 4 reviews. |
Trading Account Types | Single standard account with VIP perks based on deposit levels. | Standard, Cent, Micro, ECN, and Zero Spread accounts. |
Margin Call & Stop Out Levels | Not applicable (binary options broker). | Margin call at 40%, stop-out at 20% (varies by account type). |
Trade Types | High/Low binary options. | Market execution, pending orders, and stop orders. |
Order Execution Type | Instant order execution. | Market execution with no requotes. |
Hedging & Scalping Allowed | Hedging and martingale strategies supported. | Scalping and hedging allowed on ECN and Standard accounts. |
Account Base Currencies | USD, EUR, cryptocurrencies. | USD, EUR, GBP, and multiple regional currencies. |
Automated Trading | Supports API and custom bots. | Supports Expert Advisors (EAs) on MT4/MT5. |
Trading Signals | Built-in trading signals for binary options. | Free trading signals for forex and commodities. |
Slippage Control | No slippage (fixed payout structure). | Variable spreads; slippage depends on liquidity. |
Commission Fees | No commissions on binary options trades. | Zero-commission accounts available; ECN accounts charge commissions. |
Spread Types | Not applicable (fixed payouts). | Fixed and variable spreads available. |
Trade Expiry Times | Short-term (30 sec to 4 hours). | No expiry (CFD trading). |
Market Hours | 24/7 trading on select assets (crypto). | Forex market hours (24/5). |
Partnership & Affiliate Program | Offers multi-tier affiliate commissions. | Multi-level IB (Introducing Broker) program. |
Regulatory Restrictions | Limited availability in some countries due to regulatory constraints. | Restricted in the US, UK, and a few other regions. |
Social Trading Integration | Copy trading and community-based features. | Limited social trading features. |
Advanced Charting Tools | Integrated indicators and drawing tools. | Advanced charting on MT4, MT5, and FBS Trader. |
VIP & Loyalty Programs | Higher payouts and risk-free trades for high-volume traders. | Cashback programs and loyalty rewards for frequent traders. |
Deposit Processing Time | Instant for most payment methods. | Instant to a few hours, depending on the method. |
Withdrawal Processing Time | Usually within 24 hours. | 15 minutes to 48 hours, depending on method. |
Regulated Trading Conditions | No regulatory oversight for binary options. | FBS follows strict regulatory compliance. |
Leverage Customization | Not applicable for binary options. | Adjustable leverage options for different accounts. |
Account Verification | Requires ID verification for withdrawals and higher deposit limits. | Requires KYC verification (passport/ID and proof of address). |
Minimum Trade Size | $1 per trade. | 0.01 lot (Micro and Cent accounts). |
Maximum Trade Size | Varies based on account status; VIP accounts have higher limits. | Up to 500 lots per trade (varies by account type). |
Risk Management Tools | Fixed risk per trade due to binary options structure. | Stop-loss, take-profit, and trailing stop orders available. |
One-Click Trading | Enabled for fast order execution. | Available on MT4, MT5, and FBS Trader. |
Market Depth (Level II) | Not available. | Available for ECN and Standard accounts. |
Profit Withdrawal Limits | No restrictions on withdrawals. | Profit withdrawals depend on verification and account type. |
Negative Balance Protection | Not needed (binary options trading). | Included for all retail clients. |
Weekend Trading Availability | Cryptocurrency assets can be traded 24/7. | Forex and most CFDs follow standard market hours (Monday–Friday). |
Custom Indicators & Scripts | Limited to built-in indicators. | Supports custom indicators, scripts, and automated strategies via MT4/MT5. |
Economic Calendar Integration | Built-in economic news alerts. | Comprehensive economic calendar available. |
High-Frequency Trading (HFT) Support | Allowed for short-term binary trades. | Permitted for ECN and low-spread accounts. |
Latency & Execution Speed | Fast execution optimized for short-term binary options. | Ultra-low latency for forex trading (10ms–50ms). |
Virtual Private Server (VPS) Support | Not provided. | Free VPS hosting for active traders. |
Advanced Order Types | Limited to call/put trades with fixed expiry. | Market, limit, stop, trailing stop, and OCO orders available. |
Trading Restrictions in Certain Countries | Some countries may block binary options brokers. | Restricted in the U.S., UK, and Canada due to regulatory constraints. |
Multi-Account Management (MAM/PAMM) | Not supported. | MAM and PAMM accounts available for fund managers. |
API for Algorithmic Trading | API access available for developers. | Advanced API trading solutions for institutional traders. |
Broker-Assisted Trading | Self-service only, no financial advisors. | Managed account services for large investors. |
Platform Customization | Limited UI customization. | Full customization of charts, indicators, and trading strategies in MT4/MT5. |
Real-Time Market News | News feed available but limited. | Integrated real-time market news and analysis. |
Currency Conversion Fees | Deposits in non-USD currencies may have conversion fees. | No conversion fees for supported base currencies. |
Competitions & Trading Contests | Regular tournaments with prize pools. | Demo trading contests and real-money competitions. |
Referral Rewards | Multi-tier affiliate commission structure. | Referral program with commission per active trader. |
Cashback Rebates | Promotions offering cash rewards for high-volume traders. | Cashback rebates for active forex traders. |
Deposit Insurance or Fund Security | No investor compensation scheme. | Segregated accounts for client funds and investor protection. |
Trading Sentiment Analysis | Displays trader sentiment percentage on assets. | Sentiment indicators for forex pairs and CFDs. |
Web-Based Trading Access | Available with full functionality. | Web-based MT4/MT5 and FBS Trader platform. |
Pocket Option is a binary options broker focused on high-risk, short-term trades with fixed payouts, while FBS is a forex and CFD broker offering leveraged trading, advanced tools, and a regulated trading environment.