Pocket Option vs Deriv.com
Pocket Option or Deriv.com – which is better for UK traders 2024? Compare Pocket Option and Deriv.com in this detailed breakdown of their platforms, features and fees.
Pocket Option | Deriv.com |
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Pocket Option is ranked #1 among binary options brokers. | Deriv.com is ranked #91 among CFD brokers. |
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. |
Deriv.com has closed or no longer accepts UK clients.
Established in 1999, Deriv is an innovative broker now serving over 2.5 million global clients. The firm offers CFDs, multipliers and more recently accumulators, alongside its proprietary derived products which can't be found elsewhere, providing flexible short-term trading opportunities. |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | No |
Instruments | |
Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs |
Bonus | |
50% Deposit Bonus | |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$50 | $5 |
Payment Methods | |
Minimum Trade | |
$1 | 0.01 Lots |
Regulator | |
MISA | MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA |
Mobile Apps | |
iOS & Android | 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. |
Deriv GO shines with its straightforward app design and diverse trading opportunities, from traditional markets to custom indices that simulate real-world markets and offer 24-hour trading, including on weekends. The in-app chat assistance, which can’t be found at many alternatives, is also fast and reliable, providing an important layer of support for new users. |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
Yes | No |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
No | Yes |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | 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 | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Auto Trading | |
Yes | Expert Advisors (EAs) on MetaTrader, DBots |
Copy Trading | |
Yes | 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. | Deriv allows clients to replicate the positions of experienced traders through signals on DMT5. You can receive signals in real-time and decide whether to action trades in your own account. The best part is that the process of copying is fully automated, which is ideal for beginners seeking a hands-off approach. Deriv is also one of a select few cTrader brokers to support copy trading for hands-off investing opportunities. |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | DMT5 |
VPS Hosting | |
No | No |
Tournaments | |
Yes | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | $25 |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Since broadening its range of CFDs in 2023, Deriv now offers trading on rising and falling prices across hundreds of global financial markets. This includes the firm’s exclusive synthetic indices which imitate real markets but run around the clock for additional trading opportunities. | |
Leverage | |
1:1000 | |
FTSE Spread | |
1.0 | |
GBPUSD Spread< | |
0.4 | |
Oil Spread | |
0.013 | |
Stocks Spread | |
0.07 | |
Forex | |
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. | Deriv has expanded its range of currency pairs, now enabling clients to go long or short on a over 40 major, minor and exotic currency pairs. Spreads on EUR/USD are also competitive at 0.44 pips, especially since being slashed in 2021, while forex CFDs are available via MT5 and multipliers on the broker's beginner-friendly DTrader. |
Assets | |
55+ | 40+ |
GBPUSD Spread | |
N/A | 0.4 |
EURUSD Spread | |
N/A | 0.4 |
EURGBP Spread | |
N/A | 0.4 |
Cryptocurrency | |
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. | Deriv.com continues to offer a strong selection of 30+ crypto pairs - more than double the range offered at competitor, IQ Cent. 1:2 leverage on crypto is also available allowing traders to magnify potential returns, and there are zero commissions, catering to aspiring traders looking for simple pricing. |
Spread | |
N/A | From 0.5 |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
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+. | Deriv.com offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD. Binaries are available 24/7, 365 days a year with around the clock customer support and one of the slickest trading platforms we've used. |
Payout | |
92% | 100% |
Expiration Times | |
5 seconds - 4 hours | 15 seconds to 365 days |
Boundary Options | |
No | Yes |
Ladder Options | |
No | Yes |
Pocket Option | Deriv.com |
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