Feature | Pocket Option | JustMarkets |
---|---|---|
Company Overview | Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities, and cryptocurrencies. | JustMarkets is a forex and CFD broker offering trading services on forex, commodities, indices, and cryptocurrencies. |
Regulation | Not specified. | Regulated by the Cyprus Securities and Exchange Commission (CySEC). |
Trading Instruments | Binary options on forex, stocks, indices, commodities, and cryptocurrencies. | CFDs on forex, commodities, indices, and cryptocurrencies. |
Number of Assets | Over 100 assets. | Offers a wide range of currency pairs, commodities, indices, and cryptocurrencies. |
Minimum Deposit | $50. | $10 for Standard Cent and Standard accounts, $100 for Pro and Raw Spread accounts. |
Leverage | Not applicable for binary options. | Up to 1:30 for retail clients and up to 1:300 for professional clients. |
Trading Platforms | Proprietary web platform, MetaTrader 4 and 5. | MetaTrader 4 and MetaTrader 5 on desktop, mobile, and web devices, proprietary JustMarkets trading app. |
Mobile Trading | Mobile-friendly web platform, MetaTrader mobile apps. | JustMarkets trading app, MetaTrader mobile apps. |
Demo Account | Yes. | Yes, offers both demo accounts and Islamic accounts. |
Copy Trading | Yes, social trading features with leaderboards. | Not specified. |
Educational Resources | Basic tutorials and guides. | Educational materials and first-rate customer service. |
Customer Support | 24/7 live chat and email support. | 24/7 customer service in multiple languages, including English, Indonesian, Malaysian, Spanish, Portuguese, and Vietnamese, via live chat, phone, email, and social media channels. |
Bonuses and Promotions | Various promotions and tournaments. | Not specified. |
Deposit and Withdrawal Methods | Credit/debit cards, e-wallets, cryptocurrencies. | Accepts payments via e-wallets, bank cards, local payment methods, wire transfers, etc., with instant deposits and withdrawals within 1 minute. |
Payouts | Up to 92% on successful trades. | Not applicable; profit/loss depends on market movement. |
Spreads | Not applicable for binary options. | Variable spreads. |
Execution Speed | Instant trade execution. | Not specified. |
Islamic Account | No. | Yes. |
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. | Standard Cent, Standard, Pro, and Raw Spread accounts. |
Margin Call & Stop Out Levels | Not applicable (binary options broker). | Not specified. |
Trade Types | High/Low binary options. | Market execution, pending orders, and stop orders. |
Order Execution Type | Instant order execution. | STP execution for clients, allowing trading with minimal slippage and re-quotes. |
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. | Supports Expert Advisors (EAs) on MT4/MT5. |
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. | Not specified. |
Spread Types | Not applicable (fixed payouts). | Variable spreads. |
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. | 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. | Advanced charting on MT4, MT5, and JustMarkets trading app. |
Account Types | Single standard account with VIP perks based on deposit levels. | Offers Standard Cent, Standard, Pro, and Raw Spread accounts. |
Trading Platforms | Proprietary web platform, MetaTrader 4 and 5. | Supports MetaTrader 4 and MetaTrader 5 on desktop, mobile, and web devices, along with a proprietary JustMarkets trading app. |
Deposit and Withdrawal Methods | Credit/debit cards, e-wallets, cryptocurrencies. | Accepts payments via e-wallets, bank cards, local payment methods, wire transfers, etc., with instant deposits and withdrawals within 1 minute. |
Customer Support | 24/7 live chat and email support. | Provides 24/7 customer service in multiple languages, including English, Indonesian, Malaysian, Spanish, Portuguese, and Vietnamese, via live chat, phone, email, and social media channels. |
Spreads and Commissions | Not applicable for binary options. | Variable spreads from 1.0 pips on Standard accounts; ECN accounts offer raw spreads from 0.0 pips with a commission of $3 per standard lot. |
Inactivity Fee | No inactivity fees. | Charges a $5 fee after 150 days of inactivity. |
Regulation | Not specified. | Regulated by the Cyprus Securities and Exchange Commission (CySEC). |
Tradable Assets | Offers binary options on forex, stocks, indices, commodities, and cryptocurrencies. | Provides CFDs on forex, commodities, indices, and cryptocurrencies. |
Number of Forex Pairs | Not specified. | Offers 60 forex pairs. |
Number of Stocks | Not specified. | Provides access to 100 stocks. |
Number of Cryptocurrencies | Not specified. | Offers 5 cryptocurrencies. |
Leverage | Not applicable for binary options. | Offers leverage up to 1:30 for retail clients and up to 1:300 for professional clients. |
Educational Resources | Provides basic tutorials and guides. | Offers educational materials and first-rate customer service. |
Mobile Trading | Mobile-friendly web platform and MetaTrader mobile apps. | Offers the JustMarkets trading app and MetaTrader mobile apps. |
Demo Account | Available for practice trading. | Provides both demo accounts and Islamic accounts. |
Islamic Account | Not specified. | Offers Islamic accounts. |
Minimum Deposit | $50. | $10 for Standard Cent and Standard accounts; $100 for Pro and Raw Spread accounts. |
Copy Trading | Offers social trading features with leaderboards. | Not specified. |
Bonuses and Promotions | Provides various promotions and tournaments. | Not specified. |
Execution Speed | Instant trade execution. | Not specified. |
Order Execution Type | Instant order execution. | Utilizes STP execution for clients, allowing trading with minimal slippage and re-quotes. |
Hedging & Scalping Allowed | Supports hedging and martingale strategies. | Not specified. |
Account Base Currencies | USD, EUR, cryptocurrencies. | Not specified. |
Automated Trading | Supports API and custom bots. | Supports Expert Advisors (EAs) on MT4/MT5. |
Trading Signals | Offers built-in trading signals for binary options. | Not specified. |
Slippage Control | No slippage due to fixed payout structure. | Not specified. |
Commission Fees | No commissions on binary options trades. | Commissions apply on certain account types, such as ECN accounts. |
Spread Types | Not applicable due to fixed payouts. | Offers variable spreads. |
Trade Expiry Times | Short-term expiries ranging from 30 seconds to 4 hours. | No expiry times as it involves CFD trading. |
Market Hours | Allows 24/7 trading on select assets, including cryptocurrencies. | Adheres to forex market hours, typically 24/5. |
Partnership & Affiliate Program | Offers multi-tier affiliate commissions. | Not specified. |
Regulatory Restrictions | Availability may be limited in certain countries due to regulatory constraints. | Not specified. |
Pocket Option excels in express trades, social trading, and a user-friendly web platform, while JustMarkets stands out with diverse account types, regulatory compliance, and an advanced copy trading app.