Main Excerpt: If you’ve been searching for the perfect trading platform, look no further! In this article, we’ll compare Pocket Option with CMC Markets to help you decide which one is best for your individual needs. 😃
Key Takeaways
→Pocket Option for Binary Options & Low Minimum Deposit |
→CMC Markets for CFD & Forex Trading with Advanced Tools |
→Pros, Cons, & a Detailed Comparison 🚀 |
By Bart Bregman
Fact checked: by Shrijan Dangol
Our broker rankings are based on thorough research and analysis. We put a strong emphasis on transparency, regulatory oversight, and client feedback.
(Data
last updated:
14-09-2023)
🏢Company Background:
Data | CMC Markets | Pocket Option |
---|---|---|
Regulatory Compliance? | Yes | No (~Yes) (IFMRRC) |
Publicly traded company? | Yes | No |
Does it offer banking services? | No | No |
Year Founded | 1989 | 2017 |
Country headquarters | UK | Republic Of Costa Rica |
Website Language Options | en, de, es, fr, nor, pol, swe, it, chi | EN, RU, ES, TR, TH, CN, VI, ID, FR, DE, PT, IT, KR, JA |
Separate Client Funds? | Yes | No |
Non-ESMA Branches Available? | Yes | No |
EU Clients Accepted? | Yes | No |
US Clients Accepted? | No | No |
Canadian Clients Accepted? | Yes | No |
➤ Elite Signals | Stock, Crypto, & Forex
Type of assets offered:
Data | CMC Markets | Pocket Option |
---|---|---|
Forex (e.g. USDJPY or EURGBP) | Yes | No |
Options and futures (S&P500 Futures or Crude Oil Futures) | Yes | No |
Funds Van(ARK invest or BlackRock Equity Dividend) | Yes | No |
CFDs (Google Share in CFD form) | Yes | No |
Cryptos (BTC or ETH) | Yes | No |
Stocks and ETFs (TESL or AAPL) | Yes | No |
Commodities (Gold or Silver market) | Yes | Yes |
Beginner-friendly (demo-account access) | Yes | Yes |
Advanced /pro (High-frequency trading, algorithmic trading) | Yes, MT4/MT5 for Algo trading | No |
Binary option (note this is non-regulated trading, considers EXTREME risk) |
🏛️Tier 1 Regulatory Bodies:
Data | CMC Markets | Pocket Option |
---|---|---|
FSA (Financial Services Authority) | (Body replaced by(FCA) in 2013) | (Body replaced by(FCA) in 2013) |
FCA (Financial Conduct Authority) | Yes | No |
MAS (Monetary Authority of Singapore) | Yes | No |
FINMA (Swiss Financial Market Supervisory Authority) | No | No |
CFTC (Commodity Futures Trading Commission) | No | No |
MIFID-ESMA (Markets in Financial Instruments Directive) | Yes | No |
ASIC (Australian Securities and Investments Commission) | Yes | No |
IIROC (Investment Industry Regulatory Organization of Canada) | Yes | No |
SFC (Securities and Futures Commission) | No | No |
🏛️Tier 2 Regulatory Authorities:
Data | CMC Markets | Pocket Option |
---|---|---|
FMA (Financial Markets Authority) | Yes | No |
CBR (Central Bank of Russia) | No | No |
FSCA (Financial Sector Conduct Authority) | No | No |
SEC (Securities and Exchange Commission) | No | No |
DFSA (Dubai Financial Services Authority) | No | No |
CBRC (China Banking Regulatory Commission) | Y | No |
CySEC (Cyprus Securities and Exchange Commission) | Yes | No |
ISA (Israel Securities Authority) | No | No |
🏛️Tier 3 Regulatory Oversight:
Data | CMC Markets | Pocket Option |
---|---|---|
Offshore Regulators | No | Yes |
MMA (Maldives Monetary Authority) | No | No |
EDR (External Dispute Resolution) | No | No |
FSA (Seychelles Financial Services Authority) | No | No |
SCB (Securities Commission of The Bahamas) | No | No |
FSC (Financial Services Commission, Mauritius) | No | No |
VFSC (Vanuatu Financial Services Commission) | No | No |
IFSC (International Financial Services Commission, Belize) | No | No |
CIMA (Cayman Islands Monetary Authority) | No | No |
SVG (St. Vincent & Grenadines Financial Services Authority) | No | No |
FSRC (Financial Services Regulatory Commission, St. Kitts & Nevis) | No | No |
BMA (Bermuda Monetary Authority) | No | No |
BVI (British Virgin Islands Financial Services Commission) | No | No |
Max Leverage Options:
Data | CMC Markets | Pocket Option |
---|---|---|
Leverage for Non-EU Clients | 500:1 | 1/1000 |
European Leverage Limits | 30:1 | Not avelible in EU |
Leverage in Australia | 500:1 | N/A |
US Leverage Restrictions | 0 | 5/40:00 |
Canadian Leverage Rules | 100:1 | No |
📂Account Offerings:
Data | CMC Markets | Pocket Option |
---|---|---|
Demo Account Access | Yes | Yes |
Expiration of Demo Accounts | No | No |
Account Currency Choices | EUR, USD | USD, EUR, GBP, AUD, CAD, NZD, CHF, JPY, BTC, ETH |
Standard Accounts | Yes | Yes |
Micro-lots Accounts | Yes | Yes |
Low-cost Account (nano lots) | No | Yes, $5 |
Variable Spread Accounts | No | No |
Fixed Spread Accounts | No | No |
Zero Spread Accounts | No | No |
ECN Accounts | No | No |
Swap-Free Accounts | No | No |
Islamic Accounts | No | No |
Professional Trading Accounts | Yes | No |
Active Trader Rewards Program | Yes | No |
💰Deposits and Withdrawals:
Data | CMC Markets | Pocket Option |
---|---|---|
Minimum Deposit Requirements | No | No |
Minimum Withdrawal Limits | No | Yes, $50 |
Credit Card Options | Yes | Visa, Mastercard, Maestro, Crypto |
Bank Transfer Availability | Yes | yes |
PayPal Support | Yes | No |
Neteller Integration | No | Yes |
Skrill Compatibility | No | Yes |
Additional Payment Methods | Bank Transfer, Credit Card, PayPal, | |
Deposit Processing Time | 1-2 business days | Instant |
Withdrawal Processing Time | 1-2 business days | Yes |
Fees and Charges:
Data | CMC Markets | Pocket Option |
---|---|---|
Deposit-related Fees | Yes | No |
Commissions on Withdrawals | Yes | Yes |
Overnight/Swap Charges | Yes | Yes |
Account Inactivity Fees | Yes | Yes |
Currency Conversion Costs | Yes | Yes |
Are bonus Programs Available? | No | Yes |
Security Protocols and Measures:
Data | CMC Markets | Pocket Option |
---|---|---|
(2FA) available? | Yes | Yes |
(SSL) security? | Yes | Yes |
(AML) Policy Compliance | Yes | No |
Know Your Customer (KYC) | Yes | No |
🌐Brand Influence:
Data | CMC Markets | Pocket Option |
---|---|---|
Twitter Follower Counts | 29K | 5744 |
💹Forex Fixed Spreads:
Data | CMC Markets | Pocket Option |
---|---|---|
EUR/GBP Spread Range | No | No |
EUR/USD Spread Range | No | No |
USD/JPY Spread Range | No | No |
GBP/USD Spread Range | No | No |
USD/CHF Spread Range | No | No |
AUD/USD Spread Range | No | No |
USD/CAD Spread Range | No | No |
NZD/USD Spread Range | No | No |
Trade Execution Methods:
Data | CMC Markets | Pocket Option |
---|---|---|
Direct Market Access (DMA) | No | No |
Straight Through Processing (STP) | No | No |
Electronic Communication Network (ECN) Execution | No | No |
Market Maker Model | Yes | Yes |
Non-Dealing Desk (NDD) Approach | Yes | No |
First In, First Out (FIFO) Rule Application | No | No |
4-Digit Decimal Pricing | Yes | No |
5-Digit Decimal Pricing | Yes | No |
Order Types & Tools:
Data | CMC Markets | Pocket Option |
---|---|---|
Stop Loss Orders | Yes | Yes |
Take Profit Orders | Yes | Yes |
Limit Orders | Yes | Yes |
Fill or Kill (FOK) Orders | Yes | No |
Trailing Stop Orders | Yes | Yes |
Margin Call Alerts | Yes | Yes |
One Cancels Other (OCO) Orders | No | Yes |
Guaranteed Stop Loss Orders | No | Yes |
Negative Balance Protection Measures | Yes | No |
Minimum Trade Sizes | 0.01 lots | Yes |
Maximum Trade Sizes | 100 lots | Yes |
Available Asset Classes:
Data | CMC Markets | Pocket Option |
---|---|---|
Forex Currency Pairs | 339 | Yes |
Cryptocurrencies | 339 | Yes |
Commodities | 111 | No |
Equities | - | No |
Market Indices | 46 | No |
Exchange-Traded Funds (ETFs) | No | No |
Futures Contracts | 1 | No |
Options Contracts | 1 | Yes |
Bonds | 1 | No |
Metals | 2 | No |
Agricultural Products | 10 | No |
Energy Resources | 4 | No |
Interest Rates | Yes | No |
Penny Stocks | No | No |
Initial Public Offerings (IPOs) | No | No |
Asset Blends | No | No |
Dow Jones Index | No | No |
FTSE 100 Index | Yes | No |
DAX Index | Yes | No |
Nikkei 225 Index | Yes | No |
Gold Market Trading | Yes | No |
Special Account Features:
Data | CMC Markets | Pocket Option |
---|---|---|
Multi-Account Manager (MAM) | No | No |
Percentage Allocation Money Management (PAMM) | No | Yes |
Social Trading Integration | Yes | Yes |
Copy Trading Support | Yes | Yes |
Lot Allocation Money Management (LAMM) | No | No |
Supported Trading Techniques:
Data | CMC Markets | Pocket Option |
---|---|---|
Scalping Strategies | Yes | Yes |
Hedging Techniques | Yes | No |
Spread Betting Opportunities | Yes | No |
Automated Expert Advisor (EA) Integration | N | No |
Virtual Private Server (VPS) Options | No | No |
Application Programming Interface (API) Support | No | Yes |
Trading Tools and Features:
Data | CMC Markets | Pocket Option |
---|---|---|
One-Click Trade Execution | Yes | Yes |
Signal Trading Availability | Yes | No |
Price Alert Notifications | Yes | Yes |
Number of Chart Indicators Offered | 81 | Yes |
Number of Chart Drawing Tools Provided | 24 | Yes |
Direct Trading From Charts | Yes | Yes |
Customizable Watchlist | Yes | Yes |
Mobile Trading Compatibility:
Data | CMC Markets | Pocket Option |
---|---|---|
Android App | Yes | Yes |
iOS App | Yes | Yes |
Windows Mobile App | No | No |
Mobile Trading Signal Integration | No | Yes |
App for Smartwatches | No | No |
Forex Mobile Trading | Yes | Yes |
CFD Mobile Trading | Yes | Yes |
Alert Notifications on Mobile Devices | Yes | Yes |
Mobile Charting and Drawing Tools | Yes | Yes |
Languages Supported on Mobile App | en, de, es, fr, nor, pol, swe, it | English, Turkish, Russian, Spanish, Portuguese, German, French, Chinese, Japanese, Korean, Arabic |
Watchlist Feature on Mobile App | Yes | Yes |
Commodity Offerings:
Data | CMC Markets | Pocket Option |
---|---|---|
Crude Oil Trading | 3 | No |
Natural Gas Trading | 0.3 | No |
Silver Markets | 2.5 | Yes |
Platinum Trading | 10 | No |
Copper Trading | 2 | No |
Soybean Contracts | 0.9 | No |
Corn Markets | 1.5 | No |
Gold Markets | 0.3 | No |
Lithium Markets | Yes | No |
Stock Trading Fees:
Data | CMC Markets | Pocket Option |
---|---|---|
Apple Shares | $0-$2.50 | $0.01-$0.03 |
Amazon (AMZN) Shares | $0-$2.50 | $0.01-$0.03 |
Invidia Shares | $0-$2.50 | $0.01-$0.03 |
META Shares | $0-$2.50 | $0.01-$0.03 |
Ford Motor Co Shares | $0-$2.50 | $0.01-$0.03 |
Alphabet (GOOGL) Shares | $0-$2.50 | $0.01-$0.03 |
BP Shares | $0-$2.50 | $0.01-$0.03 |
Tesco Shares | $0-$2.50 | $0.01-$0.03 |
Barclays Shares | $0-$2.50 | $0.01-$0.03 |
Lloyds Shares | $0-$2.50 | $0.01-$0.03 |
Adobe (ADBE) Shares | $0-$2.50 | $0.01-$0.03 |
Microsoft (MSFT) Shares | $0-$2.50 | $0.01-$0.03 |
Nvidia (NVDA) Shares | $0-$2.50 | $0.01-$0.03 |
Index Trading Fees:
Data | CMC Markets | Pocket Option |
---|---|---|
FTSE 100 Fee Structure | Yes, 0.1% per trade | |
S&P 500 Fee Structure | 5 | No |
Dow Jones Fee Structure | 3 | No |
Nasdaq Fee Structure | 1 | No |
CAC 40 Fee Structure | 1 | No |
DAX 30 Fee Structure | 3 | No |
Nikkei 225 Fee Structure | 7 | Yes |
Euro Stoxx 50 Fee Structure | 2 | No |
Cryptocurrency Trading Fees: Maker-Taker-Spread
Data | CMC Markets | Pocket Option |
---|---|---|
Bitcoin Fees | 0.10%, 0.20%, Up to 2.5% | (binary option) |
Ethereum Fees | 0.10%, 0.20%, Up to 2.5% | (binary option) |
Ripple Fees | 0.10%, 0.20%, Up to 2.5% | (binary option) |
Binance Coin Fees | 0.10%, 0.20%, Up to 2.5% | (binary option) |
Cardano Fees | 0.10%, 0.20%, Up to 2.5% | (binary option) |
Solana Fees | 0.10%, 0.20%, Up to 2.5% | (binary option) |
Polygon Fees | 0.10%, 0.20%, Up to 2.5% | (binary option) |
Dogecoin Fees | 0.10%, 0.20%, Up to 2.5% | (binary option) |
Chainlink (LINK) Fees | 0.10%, 0.20%, Up to 2.5% | (binary option) |
Polkadot (DOT) | 0.10%, 0.20%, Up to 2.5% | (binary option) |
Avalanche (AVAX) | 0.10%, 0.20%, Up to 2.5% | (binary option) |
Available Trading Platforms:
Data | CMC Markets | Pocket Option |
---|---|---|
cTrader Desktop App | No | No |
cTrader Web Interface | No | No |
Mirror Trader Platform | No | No |
ZuluTrade Integration | No | No |
MT4 Desktop Interface | No | No |
MT4 Web Platform | No | No |
MT5 Desktop App | No | No |
MT5 Web Interface | No | No |
Tradingview | No | No |
Proprietary Desktop Software | No | No |
Proprietary Web-based Platform | Yes | Yes |
Mac-Compatible Platform Options | No | Yes |
Sirix Trading Platform | No | No |
Education Resources:
Data | CMC Markets | Pocket Option |
---|---|---|
Education Offerings | Yes | Yes |
Webinar Offerings | Yes | No |
Platform Tutorial Videos | Yes | Yes |
Beginner-Level Trading Videos | No | Yes |
Expert-Level Trading Videos | Yes | No |
Tutorial guides | Yes | Yes |
Terminology Glossary | Yes | No |
Customer Support Options:
Data | CMC Markets | Pocket Option |
---|---|---|
Callback Request Feature | No | Yes |
Email Support Availability | Yes | Yes |
Telephone Support | Yes | No |
Live Chat support | Yes | Yes |
Offered Support Languages | en, de, es, fr, nor, pol, swe, it, chi | Yes |
Research-Tools:
Data | CMC Markets | Pocket Option |
---|---|---|
In-Depth Professional Reports | Yes | No |
Social Trading Features - Social Newsfeeds | Yes | No |
Economic Event Calendar | No | No |
Daily Email With Trading Ideas | Yes | No |
Analysis From Trading Central (Recognia) | Yes | No |
Analysis From Delkos Research | No | No |
AutoChartist Tool | No | No |
Trader Sentiment Metrics | Yes | Yes |
Twitter-Based News Updates | Yes | Yes |
Facebook-Based News Updates | Yes | No |
Daily Market Commentary | Yes | No |
Comparing Pocket Option and CMC Markets: A Bird’s-Eye View 🦅
Table of content
- Comparing Pocket Option and CMC Markets: A Bird’s-Eye View 🦅
- Quick Facts About Pocket Option
- Quick Facts About CMC Markets
- What Do They Offer? Product Range & Key Features 💼
- Pocket Option’s Main Features
- CMC Markets’ Main Features
- How Do They Stack Up? Pros and Cons 🔄
- Who Wins the Battle? The Final Verdict 🌟
- Disclaimer And General Risk Warning:
- Author & Expert Trader - Financial Analyst:
When it comes to trading, picking the right platform can be the key to a successful experience. Here, we’ll dive deep into the world of Pocket Option and CMC Markets, discussing their offerings, pros, and cons to provide you a comprehensive comparison to ease your decision-making process.
Quick Facts About Pocket Option
- Founded in: 2017
- Regulatory license: International Financial Market Relations Regulation Center (IFMRRC)
- Headquarters: St. Vincent and the Grenadines
- Minimum deposit: $50
- Main customer base: Binary options traders
Quick Facts About CMC Markets
- Founded in: 1989
- Regulatory licenses: FCA, ASIC, IIROC, MAS, FMA
- Headquarters: London, United Kingdom
- Minimum deposit: $0
- Main customer base: CFD and forex traders
What Do They Offer? Product Range & Key Features 💼
Let’s take a look at what each platform brings to the table. In a nutshell, Pocket Option focuses on binary options trading, while CMC Markets offers CFD and forex trading. Both platforms provide a range of features, tools, and educational resources to help aid your trading journey.
Pocket Option’s Main Features
- Over 100 binary option assets – includes forex, commodities, stocks, and cryptocurrencies ✅
- Short-term trading options – contracts from 60 seconds to 4 hours ⏲️
- Simple user interface that caters to beginner traders 🎓
- Social trading – follow other traders and copy their trades 🌐
- Loyalty program & bonuses 😊
CMC Markets’ Main Features
- Over 10,000 CFD instruments, including forex, indices, commodities, stocks, and cryptocurrencies ✅
- Advanced charting tools and technical indicators 🔧
- Multiple execution algorithms and order types 📈
- Educational resources, including webinars, articles, and videos 🎓
- Award-winning platform with a user-friendly interface 😊
How Do They Stack Up? Pros and Cons 🔄
To give you a clearer picture, we’ve summarized the main advantages and disadvantages of both platforms. Understanding these critical points can help you decide which is the better fit for your trading style and requirements.
Pros | |
---|---|
Pocket Option | CMC Markets |
Wide range of binary option assets | Extensive range of CFD instruments |
User-friendly platform | Advanced trading tools and features |
Low minimum deposit ($50) | No minimum deposit |
Social trading | Educational resources |
Cons | |
---|---|
Pocket Option | CMC Markets |
Not as heavily regulated | Not suitable for binary options trading |
Limited to binary options trading | Not geared towards social trading |
Lacks advanced trading tools | High fee structure for smaller traders |
Who Wins the Battle? The Final Verdict 🌟
It’s time for the ultimate showdown: Which platform deserves the crown 👑? The answer largely depends on your trading objectives and preferences.
For binary options trading, Pocket Option may be the better choice due to its simplified interface, loyalty program, and social trading capabilities. It also boasts a low minimum deposit of $50, perfect for those looking to test the waters. However, you should also consider the platform’s limited regulatory oversight.
On the other hand, CMC Markets is well-suited for traders seeking out diverse CFD and forex markets, backed by a long-established, fully-regulated company. Its advanced platform features, execution algorithms, and educational resources help traders of varying experience levels develop their trading strategies. Yet, while there’s no minimum deposit, smaller traders could find its fee structure to be a drawback.
In the end, your success as a trader depends on your skills, knowledge, and the platform that suits your unique style best. We hope that this comprehensive comparison has helped to guide you in your quest for the perfect trading platform for 2023. Good luck and happy trading! 🤑
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