Pocket Option vs OlympTrade

Founded in 2017, Pocket Option is a binary options broker providing high/low contracts for forex, stocks, indices, commodities, and cryptocurrencies. With over 100,000 active users worldwide, the platform remains popular among new traders.

Pocket Option provides ultra-short-term binaries starting at 5 seconds on an easy-to-use web platform for beginners. It offers payouts over 90%, with 'Double Up' and 'Rollover' features for additional profit. However, it offers only 130+ assets, fewer than brokers like Quotex, which offer 400+.

Forex Trading
Binary and OTC options are available for over 40 currency pairs, expanding to 55+ pairs with a $1000 deposit. Payouts are typically 81%, and the $1 minimum trade is good for new forex traders. Experienced traders can use the MT4 and MT5 platforms.

Crypto Trading
Pocket Option provides a small selection of over 10 digital currencies, including Bitcoin, and more than 65 tokens if you deposit $1,000. The platform's integrated analytics help identify opportunities, and the daily signals service simplifies short-term crypto trading.

Founded in 2014, Olymptrade has over 89 million traders. It operates in more than 130 countries and supports 13 languages. The platform is stable and offers appealing incentives for new traders. Olymp Trade provides fixed time trades (FTT) across various markets and is licensed offshore by the VFSC.

Olymp Trade provides fixed time trades (FTT) on various markets, including OTC currencies and composite indices. FTT commissions range from 5%-10%, and trades can be as short as 5 seconds. Payouts can reach up to 93% with a $2000 deposit for 'Expert' status.

CFD Trading
You can trade a limited selection of CFDs, including forex, indices, commodities, cryptos, and ETFs. Although prices are not the most competitive, the CFD platform is a good choice for beginners seeking simplicity, with a minimum start amount of $10.

Forex Trading
Olymp Trade provides about 30 currency pairs, which is the industry average. During tests, the spreads for EUR/USD were 1.1 pips, which is less competitive than leading brands like AvaTrade at 0.9 pips. However, experienced traders can access multipliers up to x500 on major pairs.

Crypto Trading
Olymp Trade provides major cryptocurrencies like Bitcoin and Ethereum. The Basic Altcoin Index is a valuable option, offering wider market exposure for those who prefer not to invest in a single cryptocurrency.