Feature | Pocket Option | Libertex |
---|---|---|
Established | 2017 | 1997 |
Regulation | International Financial Market Relations Regulation Center (IFMRRC) | Cyprus Securities and Exchange Commission (CySEC) |
Minimum Deposit | $50 | $100 |
Account Types | Standard Account, Demo Account | Real Account, Demo Account, Invest Account |
Trading Instruments | Binary Options on Forex, Stocks, Commodities, Cryptocurrencies | CFDs on Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil & Gas, Agriculture, ETFs |
Spreads | Not applicable (Binary Options trading) | Variable, starting from 0.2 pips |
Commission Fees | No commissions | Zero commissions on real stocks; low commissions on CFDs |
Leverage | Up to 1:100 | Up to 1:30 for retail clients (based on ESMA regulations in Europe); higher for professional clients |
Trading Platforms | Proprietary Web Platform, Mobile Apps (iOS and Android) | Proprietary Platform, MetaTrader 4, MetaTrader 5 |
Demo Account | Yes, with virtual funds | Yes, with €50,000 virtual funds |
Deposit Methods | Credit/Debit Cards, Bank Transfer, E-wallets (e.g., Skrill, Neteller), Cryptocurrencies | Credit/Debit Cards, Bank Transfer, Skrill, PayPal, Neteller, Sofort, Trustly, Cryptocurrencies |
Withdrawal Methods | Same as deposit methods | Same as deposit methods; some methods may incur fees |
Customer Support | 24/7 via Live Chat, Email, Phone | Available in multiple languages via Live Chat, Email, Phone |
Educational Resources | Tutorials, Webinars, Strategy Guides | Limited educational content |
Bonuses and Promotions | Various bonuses and promotions offered periodically | 100% welcome bonus for initial deposits from $100; referral bonuses |
Mobile Trading | Yes, dedicated apps for iOS and Android | Yes, available on iOS and Android |
Copy Trading/Social Trading | Yes, offers copy trading features | Yes, offers copy trading features |
Automated Trading | No dedicated support for automated trading | Limited automation; supports automated trading via MT4/MT5 |
Regulation in Europe | Not regulated by European authorities | Yes, regulated by CySEC |
Negative Balance Protection | Not specified | Yes |
Islamic Account | Not specified | Not specified |
Languages Supported | Multiple languages | Multiple languages |
Inactivity Fees | Not specified | Yes, varies based on account type |
Trading Platforms | Proprietary web-based platform and mobile applications for iOS and Android. | Proprietary platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5), and mobile applications for iOS and Android. |
Asset Classes | Binary options on forex, stocks, commodities, and cryptocurrencies. | CFDs on forex, cryptocurrencies, metals, indices, stocks, oil and gas, agriculture, and ETFs. |
Leverage | Up to 1:100. | Up to 1:30 for retail clients (per ESMA regulations); higher leverage available for professional clients. |
Spreads and Commissions | No spreads; fixed returns on binary options. | Zero-spread trading model; charges a commission per trade, with rates varying based on the asset class. |
Deposit and Withdrawal Methods | Credit/debit cards, bank transfers, e-wallets (e.g., Skrill, Neteller), and cryptocurrencies. | Credit/debit cards, bank transfers, e-wallets (e.g., PayPal, Skrill, Neteller), and cryptocurrencies. |
Customer Support | 24/7 support via live chat, email, and phone. | Support available via live chat, email, and phone during trading hours; supports multiple languages. |
Educational Resources | Tutorials, webinars, strategy guides, and a demo account with virtual funds. | Tutorials, technical analysis, strategy overviews, guides, and a demo account with €50,000 in virtual funds. |
Regulation | Regulated by the International Financial Market Relations Regulation Center (IFMRRC). | Regulated by the Cyprus Securities and Exchange Commission (CySEC). |
Mobile Trading | Dedicated mobile applications for iOS and Android. | Mobile applications available for iOS and Android. |
Copy Trading/Social Trading | Offers social trading features, allowing users to copy trades from experienced traders. | Offers copy trading features, enabling users to replicate trades from seasoned traders. |
Automated Trading | Does not support automated trading. | Supports automated trading through MT4 and MT5 platforms. |
Negative Balance Protection | Not specified. | Provides negative balance protection, ensuring clients cannot lose more than their account balance. |
Islamic Account | Not specified. | Offers swap-free Islamic accounts compliant with Sharia law. |
Languages Supported | Multiple languages. | Supports multiple languages, including English, Spanish, French, German, Italian, Polish, Portuguese, Russian, Turkish, and Dutch. |
Inactivity Fees | Not specified. | Does not charge inactivity fees. |
Order Execution Speed | High-speed execution with minimal delays, optimized for binary options trading. | Fast execution speed, suitable for CFD trading, with support for instant and market execution. |
Risk Management Tools | Includes customizable stop-loss and take-profit settings for better trade management. | Provides risk management tools such as stop-loss, take-profit, and trailing stops. |
Trade Expiration Times | Offers a wide range of expiration times, from 1 minute to several hours. | Provides CFD trading without predefined expiration times, allowing traders to close positions at any time. |
Trading Competitions | Regularly organizes trading tournaments and competitions with prize pools. | Features occasional contests and promotions for active traders. |
Order Types | Supports market orders and pending orders with various execution modes. | Includes market orders, pending orders, limit orders, and stop orders. |
Market Sentiment Indicator | Displays real-time market sentiment data to help traders assess buying and selling trends. | Provides an integrated market sentiment analysis tool for selected instruments. |
Hedging and Scalping | Allows hedging strategies, making it suitable for risk management techniques. | Supports both hedging and scalping strategies on MT4 and MT5 platforms. |
Advanced Charting Tools | Offers multiple chart types, technical indicators, and drawing tools for detailed analysis. | Includes advanced charting tools, candlestick patterns, and customizable indicators on MT4/MT5. |
Economic Calendar | Features a built-in economic calendar with real-time updates on market-moving events. | Integrates a professional economic calendar for tracking financial news and economic releases. |
Account Verification Process | Simple and fast verification process, usually completed within 24 hours. | Requires full KYC verification, including identity and address proof, before trading. |
Customizable Interface | Provides an intuitive interface with customizable layouts, themes, and trading preferences. | Offers a flexible and user-friendly interface with adjustable charts and widgets. |
Affiliate and Referral Program | Features an extensive referral program with commission-based earnings for partners. | Includes an affiliate program with multiple commission structures for referring new traders. |
VIP and Loyalty Programs | Offers a tiered VIP program with exclusive benefits, higher payouts, and personal account managers. | Provides a loyalty program with cashback rewards, reduced fees, and priority customer support. |
Weekend Trading | Allows trading on select instruments, including cryptocurrencies, even on weekends. | Supports weekend trading for cryptocurrency markets and select forex pairs. |
Multiple Account Support | Enables traders to open and manage multiple accounts with different trading strategies. | Supports multiple account management, including investor and professional accounts. |
News and Market Insights | Provides integrated news feeds and analysis to help traders stay updated on market trends. | Features daily market analysis, expert insights, and financial news updates. |
Pocket Option specializes in binary options with fast execution and social trading, while Libertex offers CFD trading with advanced tools, MT4/MT5 support, and strict regulation.