Pocket Option vs ThinkMarkets Comparison & Reviews

FeaturePocket OptionThinkMarkets
Year Founded20172010
HeadquartersMarshall IslandsLondon, England
RegulationIFMRRCASIC, FCA, FSCA, FSA (Japan), FSA (Seychelles)
Trading InstrumentsBinary options on forex, stocks, commodities, cryptocurrenciesForex, indices, commodities, metals, cryptocurrencies, stocks
Number of InstrumentsOver 100Over 1,600
Trading PlatformsWeb-based proprietary platform, mobile appMetaTrader 4, MetaTrader 5, ThinkTrader
Account TypesStandard, VIPStandard, ThinkZero, VIP
Minimum Deposit$50$0 (Standard), $500 (ThinkZero), $25,000 (VIP)
Maximum LeverageUp to 1:100Up to 1:500
SpreadsFixed spreadsVariable spreads starting from 0.1 pips
CommissionsNo commissions$3.5 per side per lot on ThinkZero and VIP accounts
Deposit MethodsCredit/debit cards, cryptocurrencies, e-walletsBank transfer, credit/debit cards, cryptocurrencies, e-wallets
Withdrawal MethodsSame as deposit methodsSame as deposit methods
Processing Time for Withdrawals24 hoursTypically processed within 24 hours during weekdays
Demo AccountYesYes
Educational ResourcesTutorials, webinarsMarket news and analysis, economic calendar, Autochartist, ZuluTrade, Premium Trader Tools, VPS service, social trading
Customer Support24/7 live chat, email, phone24/7 customer service via live chat, email, and phone
Mobile TradingYesYes
Social TradingYesYes
Copy TradingYesYes
Regulatory ProtectionLimitedHigh
Physical Stock TradingNoYes
Trading Hours24/7, depending on the asset24/5 (Monday to Friday)
Order TypesHigh/Low, Turbo, One Touch, LadderMarket, Limit, Stop Loss, Take Profit, Trailing Stop
Charting ToolsBasic charting with limited indicatorsAdvanced charting with over 80 indicators on MT4/MT5, customizable on ThinkTrader
Algorithmic TradingLimited support for automated strategiesFully supported through Expert Advisors (EAs) on MT4/MT5
Risk Management ToolsBasic tools like trade amount limitsComprehensive tools including Stop Loss, Take Profit, Trailing Stop, Negative Balance Protection
Market Analysis ToolsBasic market news and updatesEconomic calendar, in-platform news, Autochartist integration
VPS (Virtual Private Server)Not availableAvailable for qualified traders
Islamic AccountsNot availableYes, swap-free accounts available
Scalping & HedgingNot supportedBoth scalping and hedging allowed
API AccessNot availableFully available API integration for MT4/MT5 users
Third-Party Tools IntegrationNot availableSupports third-party tools like Autochartist and Myfxbook
Advanced Features for ProfessionalsLimitedThinkZero Account, lower spreads, higher leverage options
Market ExecutionFixed-time trades executionMarket execution with ultra-fast processing times
Bonus ProgramsOccasionally offers bonusesOccasional bonus programs and promotions (varies by region)
Type of BrokerBinary options platformECN/STP Broker
Execution SpeedModerate, varies with market conditionsUltra-fast execution (average < 0.1 seconds)
Risk Management ToolsBasic trade amount limitsStop Loss, Take Profit, Trailing Stop, Negative Balance Protection
Asset OwnershipNo direct ownership; binary options contracts onlyNo direct ownership; CFDs only
Partnership ProgramsAffiliate programAffiliate program, Introducing Broker (IB) program
Market Analysis ToolsBasic market news and updatesTrading Central tools, economic calendar, Autochartist patterns
Advanced Chart IndicatorsLimited indicatorsOver 80 indicators on MT4/MT5, customizable on ThinkTrader
News IntegrationBasic news updatesIntegrated news from Dow Jones and in-platform updates
Server LocationsLimited information availableGlobal server network with proximity to key liquidity providers
Micro Lot TradingNot supportedSupported (0.01 lots)
Trading Styles SupportedPrimarily short-term binary options tradingDay trading, scalping, swing trading, algorithmic trading
Spread TypeNot applicable (binary options)Variable (tighter spreads with ThinkZero)
Cryptocurrency WalletNot availableNo proprietary wallet; trading only via CFDs
PAMM/MAM AccountsNot availableAvailable for professional money managers
Leverage CustomizationFixed leverage levelsAdjustable within platform limits (per account type and regulation)
Deposit Processing TimesInstant for most payment methodsInstant for most methods; bank transfers may take longer
Withdrawal Processing TimesTypically processed within 24 hours1–3 business days, depending on payment method
Advanced Mobile FeaturesBasic trading functionalitiesAdvanced charting, market orders, and one-click trading
Cloud-Based FeaturesNot availableThinkCloud for syncing accounts across devices
Customer Feedback SystemNot integratedNo direct feedback system integrated with platform
Regulatory OversightLimited regulationAdheres to FCA, ASIC, FSCA, and global regulations
International AvailabilityAvailable in multiple countries; restrictions apply in some regionsAvailable globally but restricted in the USA and a few other regions
Loyalty ProgramsOccasionally offers bonusesOccasional region-specific loyalty programs or incentives
See also  Deriv vs Admiral Markets Comparison & Reviews

Pocket Option focuses on binary options with a simple platform and social trading features, while ThinkMarkets offers advanced trading with MT4/MT5, lower spreads, and extensive regulatory oversight.