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 vs Focus Option Comparison Table 2024
GC Option Focus Option
rating empty
rating full
3.3
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rating full
3.7
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
  • GC Option is fairly unique in its position as a binary options broker that provides access to MT4, though you need to achieve Gold status to trade on it.
  • The free demo account with $10,000 in virtual funds is an excellent place to learn how binary options work, including the broker’s double touch binaries which aren’t available at most brokers.
  • GC Option offers fast and dependable support available 24/7 with response times of under 2 minutes based on testing over several years, and a particularly receptive live chat service.
  • Web-based platform provides a quick and easy way to access markets
  • Good selection of cryptocurrencies available including Bitcoin
  • Binary options contracts from 30 seconds to 30 days
  • Accepts crypto deposits and withdrawals
  • $10 low minimum deposit
  • Easy sign-up process
  • Payouts up to 95%
  • $1 minimum trade
Cons
  • Despite 15+ years in the market and being a spin-off of the established Grand Capital brand, GC Option remains unregulated with limited safeguards for investors.
  • The breadth of tradable assets at GC Option needs serious improvement, with just approximately 30 instruments spanning currencies, cryptos and commodities, but zero stocks.
  • Whilst the $10 minimum deposit is low within the industry, over 50% of the withdrawal options incur a charge and many consist of cryptocurrencies or banking solutions in Africa and India.
  • Offshore regulation raises safety concerns
  • Average trading terms on CFDs with spreads from 3 pips on GBP/USD
  • Clients based in the USA cannot use the broker’s products
FCA Regulated
No No

List of FCA Regulated Brokers

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
rating empty
rating full
3
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Android App Rating
rating empty
rating full
3
rating empty
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
  • USD
  • EUR
  • GBP
  • JPY
  • RUB
  • USD
Commodities
  • Gold
  • Silver
  • Gold
  • Silver
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
  • BTC
  • BCH
  • BNB
  • ETH
  • ETC
  • XMR
  • ZEC
  • DSH
  • BTC
  • ETH
  • XRP
  • USDT
  • BTC
  • LTC
  • ADA
  • AAVE
  • ATOM
  • DOGE
  • KSM
  • CRO
  • THETA
  • LINK
  • YFI
  • YCC
  • MATIC
  • RUNE
  • SOL
  • MANA
  • MIOTA
  • XMONEY
  • XMR
  • SUSHI
  • BAT
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
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