Cryptobo vs Pocket Option
Cryptobo or Pocket Option – which is better for UK traders 2024? Compare Cryptobo and Pocket Option in this detailed breakdown of their platforms, features and fees.
| Cryptobo | Pocket Option |
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| Cryptobo is ranked #11 among binary options brokers. | Pocket Option is ranked #1 among binary options brokers. |
| Cryptobo claims to be the first Bitcoin-based binary options broker, with 1.5 million registered clients and 50,000 trades executed on average per day. Users benefit from 24/7 trading opportunities with up to 91% payouts, alongside no minimum deposit and three-hour withdrawals. | Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| Forex, Stocks | Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos |
| Bonus | |
| 50% Deposit Bonus | |
| Demo Account | |
| No | Yes |
| Minimum Deposit | |
| 0.0000001 BTC | $50 |
| Payment Methods | |
| Minimum Trade | |
| 0.0000001 BTC | $1 |
| Regulator | |
| MISA | |
| Mobile Apps | |
| No | iOS & Android |
| Trading App | |
Pocket Option delivers an excellent mobile trading experience directly through mobile and tablet browsers, without needing a native app. You can easily customize charts using the settings at the top while placing trades in one click is a breeze using the ‘higher’ and ‘lower’ buttons at the bottom of the screen. The interface also adapts seamlessly to horizontal viewing, mirroring the desktop layout for a consistent user experience. |
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| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| No | Yes |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| No | Yes |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | No |
| STP Account | |
| No | No |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| Yes | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Pocket Option hosts a user-friendly social trading service. Available in the platform, you can use the ‘Top Ranked Trades’ leaderboard, among others, to find traders to follow. The social trading solution is also available 24/7 and has active community chats. Tip: check the number of trades made and profit generated over several months rather than comparing providers over a few days. | |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| No | Yes |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Commodities | |
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| Forex | |
| You can trade binary options on a range of major, minor and exotic currency pairs such as EUR/USD, USD/JPY and GBP/USD. You can choose the currency asset and timeframe in a few clicks on the web platform. | Binary and OTC options can be purchased on 40+ currency pairs, with 55+ currency pairs available if you deposit $1000. Typical payouts are reasonable at 81% and the $1 minimum trade makes the broker accessible to new forex traders. There is also access to the MT4 and MT5 platforms for experienced forex traders. |
| Assets | |
| 16 | 55+ |
| GBPUSD Spread | |
| N/A | N/A |
| EURUSD Spread | |
| N/A | N/A |
| EURGBP Spread | |
| N/A | N/A |
| Cryptocurrency | |
| Cryptobo combines three of the most popular coins, including Bitcoin, with an array of fiat currencies for 12 cryptocurrency binary options pairs. | Pocket Option offers a modest crypto offering with 10+ digital currencies including Bitcoin and 65+ tokens if you deposit $1000. The integrated analytics feature in the platform is helpful for finding opportunities, while the daily signals service makes it straightforward to act on short-term crypto opportunities. |
| Spread | |
| N/A | N/A |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| Cryptobo is a binary options-only broker with high payouts and a sleek, intuitive trading platform. With no minimum deposit, payouts up to 91% and a minimum trade size 0.0000001 BTC, you can get started quickly. | Pocket Option offers ultra-short-term binaries from 5 seconds on one of the simplest web platforms for beginners. Payouts rival alternatives at 90%+ while the ‘Double Up’ and ‘Rollover’ features provide further opportunities to profit. Considering the negatives, the suite of 130+ assets trails binary brokers like Quotex, which offer 400+. |
| Payout | |
| 91% | 92% |
| Expiration Times | |
| Up to 5 hours | 5 seconds - 4 hours |
| Boundary Options | |
| No | No |
| Ladder Options | |
| No | No |
| Cryptobo | Pocket Option |
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