GC Option vs Focus Option
GC Option or Focus Option – which is better for UK traders 2024? Compare GC Option and Focus Option in this detailed breakdown of their platforms, features and fees.
GC Option | Focus Option |
---|---|
GC Option is ranked #11 among binary options brokers. | Focus Option is ranked #8 among binary options brokers. |
GC Option has closed or no longer accepts UK clients.
GC Option is a binary options broker offering contracts with flexible contract lengths and payouts up to 86% on 27 instruments. This is one of the few binary options brokers to support MetaTrader 4, which it provides alongside two proprietary trading platforms. |
Focus Option is an offshore broker that specializes in binary options as well as CFDs. Binary options trading on forex, cryptos and three commodities is done through the broker's simple web-based platform with average payouts between 70% and 95%. The broker also offers a mobile app for trading CFDs, with 300+ tradeable instruments. |
Pros | |
|
|
Cons | |
|
|
FCA Regulated | |
No | No |
Instruments | |
Binary Options on Forex, Metals and Cryptos | Binary Options, CFDs, Forex, Metals, Indices |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $10 |
Payment Methods | |
Minimum Trade | |
$1 | $1 |
Mobile Apps | |
iOS, Android + Huawei | iOS & Android |
Trading App | |
Similar to most binary brands, GC Option doesn’t offer a stand-alone app. Instead, you can make short-term trades directly through mobile browsers. The mobile trading environment is average – charts are a little fiddly to use effectively. Ultimately, it’s fine for account management, but it doesn’t compete with industry frontrunners. |
|
iOS App Rating | |
Android App Rating | |
Margin Trading | |
No | Yes |
MetaTrader 4 | |
Yes | No |
MetaTrader 5 | |
No | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | Yes |
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 | Yes |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Islamic Account | |
No | No |
Account Currencies | |
|
|
Commodities | |
|
|
CFD | |
Focus Option offers CFD trading through an intuitive mobile app, with 300+ tradeable instruments spanning forex, cryptocurrencies, commodities, shares and indices. Leverage ranges from 1:20 to 1:50 and spreads are variable, starting from 1 pip, with no commission. | |
Leverage | |
1:50 | |
FTSE Spread | |
NA | |
GBPUSD Spread< | |
3 | |
Oil Spread | |
1 | |
Stocks Spread | |
Variable | |
Forex | |
GC Option offers binaries on a slim selection of 25+ currency pairs, including majors, minors, plus metals paired with USD. Unlike traditional forex trading, users speculate whether the price of a currency will rise or fall and can earn an 80%+ payout, or lose their entire stake. | Focus Option offers 22 forex pairs tradeable via binary options, including a selection of majors and minors. FX pairs are also available to trade with margin on Focus Option's mobile app, which offers high leverage up to 1:50 and spreads from 1 pip. |
Assets | |
25+ | 39 |
GBPUSD Spread | |
Variable | 3 |
EURUSD Spread | |
Variable | 1 |
EURGBP Spread | |
Variable | 3 |
Cryptocurrency | |
Trade popular crypto tokens using straightforward binary options products. Decide whether the price of tokens like Bitcoin will rise or fall with a minimum stake of just $1. | Focus Option clients can trade binary options on an extensive list of 80+ cryptocurrencies, including Bitcoin and Ethereum plus smaller altcoins like Tron and 0x. Crypto CFDs are also available through the broker's mobile app with high leverage. |
Spread | |
Variable | NA |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
GC Option offers beginner-friendly binary options with 86% payouts and opportunities on forex, metals and cryptocurrencies. The broker stands out for its market-leading trading software and access to short-term opportunities with contracts spanning 60 seconds to 48 hours. | Focus Option offers binary options trading on 140+ instruments including forex, cryptocurrencies, commodities, indices and company shares. Contracts include 30 seconds, 1 min, 2 mins, 5 mins, 15 mins, 30 mins, 1 hr, end of day, and long-term contracts up to 30 days. Decent payouts typically climb to 95%. The browser-based platform is beginner-friendly with sophisticated analysis tools. |
Payout | |
86% | 95% |
Expiration Times | |
1 minute - 48 hours | 30 seconds - 1 week |
Boundary Options | |
Yes | No |
Ladder Options | |
No | No |
GC Option | Focus Option |
More Comparisons | |
GC Option vs |
Focus Option vs |