Pocket Option vs Hargreaves Lansdown
Pocket Option or Hargreaves Lansdown – which is better for UK traders 2024? Compare Pocket Option and Hargreaves Lansdown in this detailed breakdown of their platforms, features and fees.
Pocket Option | Hargreaves Lansdown |
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Pocket Option is ranked #1 among binary options brokers. | Hargreaves Lansdown is ranked #110 among UK 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. |
Hargreaves Lansdown has closed or no longer accepts UK clients.
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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 | |
Bonus | |
50% Deposit Bonus | |
Demo Account | |
Yes | |
Minimum Deposit | |
$50 | |
Payment Methods | |
Minimum Trade | |
$1 | |
Regulator | |
MISA | |
Mobile Apps | |
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 | |
Android App Rating | |
Margin Trading | |
Yes | |
MetaTrader 4 | |
Yes | |
MetaTrader 5 | |
Yes | |
cTrader | |
No | |
AlgoTrader | |
No | |
OmniTrader | |
No | |
TradingView | |
No | |
Autochartist | |
No | |
eSignal | |
No | |
Trading Central | |
No | |
STP Account | |
No | |
ECN Account | |
No | |
DMA Account | |
No | |
MAM Account | |
No | |
PAMM Account | |
No | |
LAMM Account | |
No | |
Demat Account | |
No | |
AI / Machine Learning | |
No | |
Robo Advisor | |
No | |
Negative Balance Protection | |
No | |
Market Maker | |
No | |
P2P Trading | |
No | |
Spot Trading | |
Yes | |
Auto Trading | |
Yes | |
Copy Trading | |
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 | |
Yes | |
Trade Signals | |
Yes | |
VPS Hosting | |
No | |
Tournaments | |
Yes | |
Demo Competitions | |
No | |
Ethical Investing | |
No | |
Custodial Account | |
No | |
Guaranteed Stop Loss | |
No | |
Inactivity Fee | |
$0 | |
Islamic Account | |
No | |
Account Currencies | |
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Commodities | |
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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. | |
Assets | |
55+ | |
GBPUSD Spread | |
N/A | |
EURUSD Spread | |
N/A | |
EURGBP Spread | |
N/A | |
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. | |
Spread | |
N/A | |
Coins | |
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Crypto Lending | |
No | |
Crypto Mining | |
No | |
Crypto Staking | |
No | |
Auto Market Maker | |
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+. | |
Payout | |
92% | |
Expiration Times | |
5 seconds - 4 hours | |
Boundary Options | |
No | |
Ladder Options | |
No | |
Pocket Option | Hargreaves Lansdown |
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