Pocket Option vs FXGT.com Comparison & Reviews

FeaturePocket OptionFXGT.com
Year Established2017Not specified
RegulationRegulated by the International Financial Market Relations Regulation Center (IFMRRC)Not specified
Trading InstrumentsBinary options on forex, stocks, indices, commodities, cryptocurrenciesForex pairs, cryptocurrencies, synthetic cryptos, NFTs, DeFis, precious metals, energies, equity indices, stocks
Number of InstrumentsOver 100743
Trading PlatformsWeb-based platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5), mobile applications for Android and iOSMetaTrader 5 (MT5), MetaTrader 4 (MT4), FXGT App, FXGT.com Trader
Minimum Deposit$5 (depending on location and payment method)$5
Minimum Trade Amount$1Not specified
Demo AccountYes, with $10,000 in virtual fundsNot specified
Payout PercentageUp to 92%Not applicable (as FXGT.com does not offer binary options)
LeverageNot specifiedUp to 1:500
SpreadsNot specifiedVariable; start from 1 pip on Standard+ and Mini accounts, from 0.5 pips on Pro accounts, and from 0 pips on ECN accounts
Commission FeesNot specifiedECN accounts: $5 per lot for metals, $6 per lot for fiat currencies, 0.1% of position size for cryptocurrencies
Deposit & Withdrawal FeesNo internal fees; third-party processor fees may applyNo internal fees; third-party processor fees may apply
Supported Payment MethodsVisa, bank transfers, e-payment platforms, cryptocurrenciesBTC, ETH, XRP, ADA, USDT(ERC20), USDT(TRC20), BitWallet, Binance Pay
Account TypesNot specifiedStandard+, Mini, Pro, ECN
Customer SupportGeneral chat feed, support, private messagesNot specified
Educational ResourcesGuides, tutorialsNot specified
Additional FeaturesSocial trading, tournaments, achievements, real-time trade signalsNot specified
Order ExecutionAdvanced order types, including one-click trading and automated trading systemsMarket execution with features like one-click trading, auto-close orders, and close all orders
Over-the-Counter (OTC) TradingOffers OTC trading with extended hours, diverse asset selection, and customizable trade parametersNot specified
Security MeasuresAdvanced encryption technologies and compliance with international financial regulationsAdvanced security features, including secure mobile trading
Mobile TradingMobile applications available for both Android and iOS devicesFXGT App available for both iOS and Android, offering comprehensive trading functionalities
Algorithmic and Copy TradingSupports automated trading systemsSupports algorithmic and copy trading
Negative Balance ProtectionNot specifiedOffers negative balance protection
Trading StrategiesAllows various trading strategies, including automated tradingNo restrictions on trading strategies
VPS HostingNot specifiedOffers VPS hosting
Promotions and BonusesInformation not specifiedOffers various promotions and bonuses, particularly appealing to local traders
Regulatory ComplianceInformation not specifiedOperates under multiple regulatory licenses, including FSCA, FSA, VFSC, and CySEC
Trading InstrumentsOffers 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 TypesStandard account with access to all features.Offers multiple account types: Mini, Standard+, Pro, and ECN, each with distinct features and trading conditions.
LeverageNot specified.Offers leverage up to 1:5000, depending on the account type and equity.
Spreads and CommissionsNot 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 DepositMinimum deposit starts from $5, depending on the payment method.Minimum deposit varies by account type, starting from $5 for Mini accounts.
Order ExecutionAdvanced 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 TradingMobile applications available for both Android and iOS devices.FXGT App available for both iOS and Android, offering comprehensive trading functionalities.
Algorithmic and Copy TradingSupports automated trading systems.Supports algorithmic and copy trading.
Negative Balance ProtectionNot specified.Offers negative balance protection.
VPS HostingNot specified.Offers VPS hosting.
Promotions and BonusesInformation not specified.Offers various promotions and bonuses, particularly appealing to local traders.
Regulatory ComplianceInformation not specified.Operates under multiple regulatory licenses, including FSCA, FSA, VFSC, and CySEC.
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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.