Pocket Option vs Binarium

Which One is Better? Pocket Option vs Binarium

Are you looking for a reliable and trustworthy binary options broker? With so many options out there, it can be tough to know which one to choose. In this article, we’ll compare two popular platforms: Pocket Option and Binarium. We’ll take a look at their history, regulation, trading platform, mobile apps, demo accounts, assets available for trading, deposit and withdrawal methods as well as bonuses and special features. By the end of this post, you will have all the information you need to make an informed decision on which broker is right for you! So let’s dive in!

History

Pocket Option and Binarium are two popular binary options brokers in the market, but their histories differ significantly. Pocket Option was founded in 2017 and has quickly established itself as a reliable platform for trading. This broker is owned by Gembell Limited, which is based in the Marshall Islands.

On the other hand, Binarium has been around since 2012 and operates under Tiburon Corporation Limited, which is registered in Seychelles. However, it’s worth noting that despite being older than Pocket Option, Binarium started operating as an online brokerage firm only recently.

Pocket Option has already received several industry awards for its innovative approach to trading and exceptional customer service. Meanwhile, while Binarium may be new to the online brokerage scene compared to other competitors like IQ Option or Olymp Trade; it still offers a range of trading services with competitive rates.

Both platforms have grown rapidly over recent years due to their offerings of user-friendly interfaces combined with excellent customer support services from multilingual teams available round-the-clock via phone calls or live chat options on their websites.

Regulation

Regulation is a crucial factor to consider when choosing a binary options broker. Pocket Option and Binarium have different regulations, which can impact the safety of your funds.

Pocket Option is regulated by the International Financial Market Relations Regulation Center (IFMRRC). The IFMRRC provides oversight on brokers’ operations, ensuring they follow best practices in financial trading. Additionally, Pocket Option segregates clients’ funds from its own operating capital for added security.

On the other hand, Binarium is not regulated by any major regulatory body like CySEC or ASIC. Instead, it operates under Stagord Resources Ltd., registered in Seychelles. This lack of regulation may pose risks to traders as there are no legal means of recourse should issues arise.

While both platforms offer unique features and services to traders, Pocket Options’ regulation with IFMRRC adds an extra layer of security that many traders find important when trading online. With this regulation in place along with their commitment to transparent business practices- it’s easy to see why so many people choose Pocket Option over Binarium for their binary options trading needs.

Trading Platform

Pocket Option and Binarium have two distinct trading platforms, each with its own unique features. Pocket Option has a proprietary platform that is web-based and easy to use. It is also customizable, allowing traders to choose their preferred chart type, time frame, and indicators.

On the other hand, Binarium uses SpotOption as its trading platform. Although not as customizable as Pocket Option’s platform, it offers an intuitive user interface that makes navigation a breeze.

Both platforms offer various tools for technical analysis such as candlestick charts and trend lines. However, Pocket Option takes it a step further by providing traders access to built-in trading signals which can be used for better market analysis.

Furthermore,Pocket option offers social trading which allows newbie traders copy trades of experienced ones while on the other hand Binarium offers Trading Room where you can see latest trends in binary options world through news feeds from major news outlets like Bloomberg or Reuters

Both platforms are suitable for beginners but if you’re looking for more advanced features then we’d recommend Pocket Option due to its customizability and integrated signal services.

Mobile Apps

Mobile Apps are essential for traders who want to trade on-the-go. Both Pocket Option and Binarium offer mobile trading apps that allow their clients to access the platform from their smartphones or tablets.

Pocket Option’s mobile app is available for both iOS and Android devices, and it offers a user-friendly interface with all the necessary features like charting tools, technical indicators, and order management functions. The app also allows clients to deposit funds directly into their account from within the application.

Binarium’s mobile app is only available for Android users at this time. However, it offers an intuitive interface that provides easy access to trading instruments, market data, and real-time price quotes. The app also includes various analytical tools such as charts with multiple timeframes and technical indicators.

Both platforms’ mobile apps are free to download from their respective App Stores or Google Play Store. They’re each designed specifically for traders who need flexibility in accessing their trading accounts while on the go.

In terms of which one is better between Pocket Option vs Binarium – it’s subjective based on individual preferences. It depends on your device compatibility (iOS/Android), preferred functionalities (charting tools/order management/mobile deposit) etc., but overall both brokers provide excellent solutions for traders looking to trade via a mobile device

Demo

Demo accounts are an essential factor for new traders who want to test out a platform before trading with real money. Pocket Option and Binarium both offer demo accounts, but they have some differences.

Pocket Option provides you with $10,000 virtual funds when opening a demo account. It is easy to switch between the live and demo modes, which can be done by clicking on the balance section of your account dashboard. The advantage of this feature is that it allows traders to practice using real-time quotes without risking their own money.

On the other hand, Binarium offers a demo account with $1,000 virtual funds. However, unlike Pocket Option’s demo mode switch feature, you must create another separate account for your demo trade activities.

Pocket Option’s Demo Account also comes equipped with many educational materials like video tutorials and eBooks that help beginners learn how to trade better while making use of the Demo Account features.

Both platforms’ demo accounts are suitable for different types of traders at varying levels from beginner through intermediate or advanced stages in their trading journey; all depends on individual preferences and needs when choosing one over another!

Assets

Pocket Option and Binarium offer a wide range of assets for traders to choose from. Pocket Option has over 100 tradable assets, including currency pairs, commodities, stocks, and cryptocurrencies. On the other hand, Binarium offers around 70 different assets.

Both brokers have popular options like EUR/USD and GBP/USD currency pairs as well as gold and silver commodities. However, Pocket Option also provides unique crypto trading opportunities with digital currencies like Bitcoin, Ethereum and Litecoin.

Additionally, both platforms allow traders to use multiple charting tools to analyze the asset price movements. This helps in making better trading decisions by analyzing past trends.

It’s important to note that while Binarium might not have as many assets available compared to its competitor; it still covers all the major markets which are relevant for most traders.

If you’re looking for a more diversified portfolio with additional cryptocurrency options then Pocket Option may be your go-to platform whereas if you need only the main ones then Binarium is an excellent choice.

Deposit & Withdrawal

Deposit and withdrawal methods are crucial aspects to consider when choosing a binary options broker. Both Pocket Option and Binarium offer several deposit and withdrawal methods, including credit/debit cards, e-wallets, bank transfers, and cryptocurrencies.

Pocket Option requires a minimum deposit of $50 for most payment methods while Binarium’s minimum deposit is only $10. However, both brokers provide fast deposits with no fees charged.

When it comes to withdrawals, Pocket Option offers same-day processing for some payment methods like e-wallets with no commission fees. On the other hand, Binarium takes up to three business days to process withdrawals but offers commission-free transactions.

It’s important to note that some payment methods may have different processing times or fees depending on your location. Make sure you check each broker’s terms and conditions before making any transactions.

Both Pocket Option and Binarium provide convenient ways of funding your trading account as well as withdrawing profits.

Bonuses

Both Pocket Option and Binarium offer various bonuses to their traders. However, the types of bonuses they provide are different.

Pocket Option offers a welcome bonus of up to 100% for its new clients. There is also a no-deposit bonus available for traders who complete the registration process without making any deposit. Besides that, there are other promotions like trading contests where traders can win cash prizes or even luxury cars!

On the other hand, Binarium provides a loyalty program where traders can earn points for every trade they make regardless if it’s profitable or not. These points can be exchanged later on for real money or used to purchase exclusive features and tools on their platform.

It’s worth noting that both brokers have specific terms and conditions when it comes to claiming bonuses. Traders must carefully read these before accepting any bonus.

While both brokers offer incentives through bonuses, Pocket Option appears to provide more diverse options with higher rewards compared to Binarium’s point-based system.

Special Features

When it comes to binary options trading, having access to special features can make a significant difference in your overall success. Both Pocket Option and Binarium offer unique tools that traders can use to improve their experience.

Pocket Option’s standout feature is copy trading. This tool allows you to automatically replicate the trades made by successful traders on the platform. It’s an excellent option for beginners who may not yet have a strong understanding of how to read market trends or execute profitable trades.

On the other hand, Binarium offers Trading Room – an innovative tool that lets you connect with experienced traders in real-time. You’ll be able to ask questions, share strategies and get feedback from professionals who know what it takes to succeed as a binary options trader.

Both copy trading and Trading Room are powerful tools that can help improve your skills and boost your earnings potential as a trader. Ultimately, which one you choose will depend on your personal preferences and goals as an investor in the binary options market.

Where are they available?

One of the important factors to consider when choosing a binary options broker is its availability in your country. In this regard, Pocket Option has an edge over Binarium because it is available worldwide.

Pocket Option caters to traders from all corners of the world including those from Europe, Asia, Africa and America. This means that you can easily sign up for an account with Pocket Option regardless of where you are located.

On the other hand, Binarium has some limitations as it is not available in certain countries such as USA, Canada, Japan, Syria, Sudan, Iran and Israel among others. If you reside in one of these countries or regions then unfortunately Binarium may not be the best broker for you.

It’s worth noting that each country has specific laws regulating financial trading activities which may affect whether or not brokers like Binarium are allowed to operate there. Nonetheless if you reside outside these limited jurisdictions then both Pocket Option and Binarium could be good choices depending on your personal preferences and needs.

Ultimately location should only be one factor among many when considering which binary options broker to choose. It’s important to weigh up all aspects including regulation status ,trading platform features ,demo accounts ,assets offered ,deposit & withdrawal methods,bonuses,and special features before making a decision on who will handle your investment portfolio best .

How to choose binary options broker?

Choosing the right binary options broker is a crucial decision for any trader. There are several factors that one should consider when selecting a broker to trade with. Firstly, you want to ensure that the broker is reputable and trustworthy. You can do this by checking their regulation status and reading reviews from other traders.

Another important factor to consider when choosing a binary options broker is their trading platform. The platform should be user-friendly, intuitive and provide all necessary tools for successful trading. It’s also important to check if the platform offers mobile apps so you can monitor your trades on-the-go.

The assets offered by the broker are another key factor in making your decision. You want to ensure that they offer a wide range of assets including stocks, commodities, indices and forex pairs.

Deposits & withdrawals are also important considerations when choosing a binary options broker. Make sure they offer convenient methods such as credit/debit cards or e-wallets for easy transactions.

Bonuses may also sway your decision but remember not to choose based solely on them as there may be hidden terms and conditions attached.

Look out for any unique features offered by brokers which could enhance your trading experience such as copy-trading or access to exclusive trading rooms with expert traders sharing insights on market trends and analysis

Conclusion

After analyzing and comparing Pocket Option and Binarium, it’s clear that Pocket Option is the better broker.

Firstly, Pocket Option offers a wider range of assets for trading compared to Binarium. This means that traders have more options to choose from when making their trades.

Secondly, Pocket Option has a user-friendly trading platform with advanced features such as copy trading and signals. These features make it easier for beginners to learn the ropes of binary options trading while also providing advanced tools for experienced traders.

Thirdly, Pocket Option offers bonuses on deposits whereas Binarium does not offer any bonuses. This can be a significant advantage for traders who want to maximize their profits.

Pocket Option is available worldwide while Binarium is not available in certain countries including the USA, Canada, Japan and Australia amongst others. This makes it easier for traders across different regions to access its services without restriction.

Considering all these factors together – asset range, user-friendly platform with advanced features like copy-trading & signals capabilities combined with availability around the world – we can conclude that Pocket option comes out on top as a better choice than Binarium in terms of binary options brokers