Pocket Option vs CloseOption

Pocket Option or CloseOption – which is better for UK traders 2025? Compare Pocket Option and CloseOption in this detailed breakdown of their platforms, features and fees.

Pocket Option vs CloseOption Comparison Table 2025
Pocket Option CloseOption
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4.2
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3.8
Pocket Option is ranked #1 among binary options brokers. CloseOption is ranked #4 among binary options brokers.
Review
Review
Founded in 2017, Pocket Option is a binary options broker providing high/low contracts for forex, stocks, indices, commodities, and cryptocurrencies. Attracting more than 100,000 active users worldwide, the platform remains a favourite among emerging traders. CloseOption, based in Georgia, has over ten years of experience in the trading sector. The firm provides high/low binary options on forex and cryptocurrency markets, offering competitive payouts. Clients benefit from welcome bonuses, round-the-clock customer support, and user-friendly trading platforms.
Pros
  • Pocket Option now offers an 'AI Trading' feature that evaluates signals, technical indicators, and trader insights to identify the best trade direction and expiration time. This provides a more automated trading experience.
  • Over the years, Pocket Option has won several annual awards from DayTrading.com, including the notable 'Best Binary Broker 2025' after enhancing its trading tools.
  • The web platform excels in its simple design and ease of use, attracting novice traders interested in speculating on leading markets with minimal effort.
  • The MetaTrader platforms provide robust analysis and technical summaries tailored for short-term traders.
  • The variety of payment options surpasses most competitors, offering traders in numerous countries swift, secure, and convenient deposit processes.
  • Traders with a deposit of over $1,000 may receive a 2% or higher payout increase, access to more assets, and enjoy exclusive benefits.
  • The sign-up process is swift and seamless, completing in under two minutes.
  • New traders can begin with just a £5 minimum deposit.
  • CloseOption hosts weekly trading competitions, awarding cash prizes to traders.
  • The intuitive platform works seamlessly with nearly all web browsers.
  • Various international payment options are accessible.
  • Free practice account
Cons
  • The MISA provides limited oversight and inadequate investor protection for retail traders.
  • The 4-hour cap on binary contract durations limits long-term trading strategies. Options such as Videforex provide contracts with up to one-month terms, offering greater flexibility for traders.
  • Pocket Option presents a streamlined version of MT4 and MT5, lacking the comprehensive charting tools that experienced traders seek.
  • Although binary brokers such as IQCent provide returns reaching 98% based on evaluations, others typically offer competitive payouts up to 92%.
  • To gain access to over 250 assets, a deposit of $1000 is required. Without this deposit, traders will only have access to a selection of 130 assets.
  • Clients must deposit over $50,000 to be eligible for the highest returns.
  • CloseOption lacks regulation by a reputable financial authority.
  • Binary options are exclusively offered for both traditional currencies and cryptocurrencies.
Awards
  • Best Binary Broker 2025 - DayTrading.com
  • Best Binary Broker Runner Up 2023 - DayTrading.com
  • Best Binary Broker 2022 - DayTrading.com
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Binary Options, Currencies, Commodities, Stocks, Indices, Cryptos Binary Options on Forex & Cryptos
Bonus
50% Deposit Bonus
Demo Account
Yes Yes
Minimum Deposit
$50 $5
Payment Methods
Minimum Trade
$1 $1
Regulator
MISA National Bank of Georgia
Mobile Apps
iOS & Android 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.

CloseOption’s TradeRoom stands out as a fantastic option for beginners, with its streamlined design minimizing the learning curve. It’s super easy to place short-term trades from 5 seconds with basic charting tools at your disposal. Tutorials and frequent updates with video demonstrations also enhance the experience, while weekly contests are available to skilled traders on the go.
iOS App Rating
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4
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3.7
Android App Rating
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rating full
4.2
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3.5
Margin Trading
Yes No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Auto Trading
Yes
Copy Trading
Yes No
Copy Trading Platform
Pocket Option offers an intuitive social trading platform. Here, you can explore the 'Top Ranked Trades' leaderboard and more to discover traders to follow. This service is accessible around the clock and includes vibrant community chats. Advice: assess traders by analysing trade volume and profits over months, instead of a few days.
Social Trading
Yes No
Trade Signals
Yes
VPS Hosting
No No
Tournaments
Yes No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 0.5%
Islamic Account
No No
Account Currencies
  • USD
  • USD
Commodities
  • Silver
  • Gold
  • Natural Gas
  • Oil
  • Palladium
  • Platinum
Forex
You can trade binary and OTC options on over 40 currency pairs, or more than 55 pairs if you deposit £1,000 or more. Payouts typically reach a fair 81%, and with a minimum trade of just £1, this broker is ideal for novice traders. Additionally, the MT4 and MT5 platforms are available for those with more trading experience. CloseOption provides binary options on over 25 forex pairs, covering major pairs like EUR/USD and some minors such as AUD/JPY. Currency-based payouts differ, with GBP/USD typically offering a reasonable return of 75%.
Assets
55+ 20+
GBPUSD Spread
N/A No fee - payouts approx. 80% (Copper)
EURUSD Spread
N/A No fee - payouts approx. 80% (Copper)
EURGBP Spread
N/A No fee - payouts approx. 80% (Copper)
Cryptocurrency
Pocket Option provides a limited selection of cryptocurrencies, featuring over 10 digital coins like Bitcoin and more than 65 tokens for those depositing £1000. The platform's built-in analytics tool assists traders in identifying potential trades, and its daily signals service simplifies the process of seizing short-term crypto opportunities. Traders at CloseOption can engage in trading high/low binary options with five key cryptocurrencies paired with USD. Due to the high market volatility of these digital assets, payouts reach 40%, offering a competitive edge against other platforms.
Spread
N/A No fee - payouts approx. 40% (Copper)
Coins
  • BTC
  • ETH
  • BCH
  • LINK
  • AAVE
  • ALGO
  • TLM
  • ALPP
  • ANT
  • AVAX
  • AXS
  • BNB
  • ADA
  • CHZ
  • COMP
  • ATOM
  • DASH
  • MANA
  • DGB
  • DOGE
  • ENJ
  • EOS
  • FIL
  • GLMR
  • ILV
  • ICP
  • KAVA
  • LTC
  • MKR
  • MASK
  • MIOTA
  • XMR
  • ALICE
  • NEAR
  • NEO
  • NULS
  • OMG
  • DOT
  • MATIC
  • QTUM
  • REEF
  • XRP
  • SANTOS
  • SC
  • SOL
  • STX
  • XLM
  • STORJ
  • DATA
  • SUN
  • XTZ
  • SAND
  • THETA
  • TRX
  • UNI
  • VET
  • WAVES
  • YFI
  • YGG
  • ZEC
  • BTC
  • BCH
  • ETH
  • LTC
  • XBT
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Pocket Option provides ultra-short-term contracts, starting from just 5 seconds, on an intuitive platform ideal for novice traders. Payout rates exceed 90%, comparable with competitors, and the 'Double Up' and 'Rollover' functions enable additional earning possibilities. On the downside, its range of over 130 assets is less extensive than that of brokers such as Quotex, which offer more than 400 options. CloseOption provides binary options trading on over 30 fiat and digital currencies via a user-friendly online platform. With 15 contract durations ranging from 30 seconds to 1 month, it caters to both short-term and long-term traders. New users receive a welcome bonus.
Payout
92% 95%
Expiration Times
5 seconds - 4 hours 30 seconds - 1 month
Boundary Options
No No
Ladder Options
No No
Pocket Option CloseOption
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