Quick verdict
Pocket Option comes out ahead with a score of 4.1/5, against 3.7/5 for Binomo.
Pocket Option is best for: Small first deposits and copy trading
Avoid Pocket Option if: You want a regulator behind your account, or gamified features tempt you to overtrade
Binomo is best for: Beginners who like tournaments and small stakes
Avoid Binomo if: You want expiries longer than an hour or any regulator behind the broker
Scores side by side
Pocket Option 4.1/5
- Platform & apps4.7
- Costs & minimums4.8
- Payments4.6
- Support4.2
- Regulation & transparency2.6
Binomo 3.7/5
- Platform & apps4.2
- Costs & minimums4.3
- Payments4.4
- Support4.0
- Regulation & transparency2.3
First look: the two websites
About Pocket Option and Binomo
Pocket Option (2017). Pocket Option launched in 2017 and focuses on short-term fixed-time trades: you choose a direction and an expiry, and the payout is fixed if you are right. The platform adds social features that copy other traders' positions, plus regular tournaments. A separate MT5 account offers forex and CFDs.
Binomo (2014). Binomo has offered short-term fixed-time trading since 2014. It focuses on beginners in Asia, Africa and Latin America, with a gamified interface and regular tournaments.
Regulation and safetyWinner: Pocket Option
Neither Pocket Option nor Binomo is authorised by a top-tier regulator such as the FCA, CySEC or ASIC. Both operate through offshore companies, so there is no compensation scheme and no regulator in your country to complain to.
Official warnings and alert-list entries in our sources: Pocket Option 4, Binomo 1.
| Feature | Pocket Option | Binomo |
|---|---|---|
| Regulation | No top-tier regulator. Pocket Option cites an offshore licence from MISA in the Comoros. | No government regulator. Dolphin Corp LLC in St Vincent and the Grenadines runs it, and it is a member of The Financial Commission, a private dispute body. |
| Regulator warnings on record | FCA, CFTC, RBI, Bank of Russia | RBI |
| Dispute body | No external dispute body | Member of The Financial Commission (private dispute body) |
On transparency and safety we score Pocket Option higher (2.6 vs 2.3).
Minimum deposit and feesWinner: Pocket Option
Pocket Option is cheaper to start with: the minimum deposit is $5, against $10 at Binomo. The smallest trade is $1 at Pocket Option and $1 at Binomo.
| Feature | Pocket Option | Binomo |
|---|---|---|
| Minimum deposit | $5 | $10 |
| Minimum trade | $1 | $1 |
| Fees | No deposit fee advertised; conversion costs apply | No deposit or withdrawal fee advertised; bonus turnover rules |
| Withdrawal fees | No platform fee advertised; payment-provider fees may apply | No platform fee advertised |
| Inactivity fee | Not stated in the sources we checked – read the current terms | Check the current terms |
| Bonus | Deposit bonuses (often 50–100%) with turnover conditions that can block withdrawals | Deposit bonuses with turnover conditions |
Payouts and the win rate you needWinner: Pocket Option
Pocket Option advertises the higher maximum payout (92% vs 90%). That lowers the win rate you need to break even from 52.6% to 52.1%.
| Feature | Pocket Option | Binomo |
|---|---|---|
| Max. payout | 92% | 90% |
| Break-even win rate | 52.1% | 52.6% |
| Note | 92% applies to popular assets at peak hours; off-peak payouts are reported 7–12 points lower | 90% is the advertised maximum on selected assets |
Advertised maximums apply to selected assets at the best times. Check the payout shown on the trade ticket before you open a trade; it is often lower.
Platform and mobile appWinner: Pocket Option
Pocket Option. A browser-based platform with several chart types, indicators and drawing tools. Social trading and the signals panel sit beside the chart, so beginners may follow others before they understand what they are copying.
Binomo. A browser platform built for speed: one chart, an amount, an expiry and an up/down button. Tournaments and achievements sit alongside the chart.
| Feature | Pocket Option | Binomo |
|---|---|---|
| Platform | Web, Android, iOS, MT5 (forex) | Web, Android, iOS |
| Android | Yes | Yes |
| iPhone | Web app only | Yes |
| Extras | Social trading, Tournaments, Lowest minimum | Account tiers, Tournaments, Simple interface |
Assets and expiry times
| Feature | Pocket Option | Binomo |
|---|---|---|
| Number of assets | 100+ | – |
| Markets | Forex, Crypto, Commodities, Stocks, Indices | Forex, Crypto, Commodities, Stocks, Indices |
| Expiry times | 3 seconds – 4 hours | 1 minute – 1 hour |
Deposits and withdrawalsWinner: Pocket Option
Pocket Option. Withdrawals go back through the method you used to deposit where possible. Expect identity verification before your first withdrawal. If you accepted a bonus, check the turnover requirement first, because it can block a withdrawal.
Binomo. Minimum withdrawal USD 10. Processing speed depends on account level; VIP gets the fastest queue.
| Feature | Pocket Option | Binomo |
|---|---|---|
| Deposit methods | Bank cards, E-wallets, Crypto, Local methods | Bank cards, E-wallets, Crypto, Local methods |
| Withdrawal methods | Bank cards, E-wallets, Crypto, Local methods | Bank cards, E-wallets, Crypto, Local methods |
| Minimum withdrawal | $10 | $10 |
| Withdrawal time | Usually 1–3 business days; crypto often faster (third-party reports) | Faster on Gold and VIP levels |
Demo accountDraw
Both brokers offer a free demo account, so you can compare the two platforms with virtual money before you deposit.
| Feature | Pocket Option | Binomo |
|---|---|---|
| Demo balance | $50,000 | Yes |
| Try without registering | Yes | – |
Customer supportWinner: Pocket Option
| Feature | Pocket Option | Binomo |
|---|---|---|
| Support channels | Live chat, Email, Help centre | Live chat, Email, Help centre |
| Support | 4.2/5 | 4.0/5 |
Where you can use themDraw
Pocket Option accepts clients in 38 of the countries we cover, Binomo in 38.
Pros and cons
Pocket Option
- +Lowest listed minimum deposit (USD 5) and trades from USD 1
- +Social trading and tournaments built into the platform
- +Wide choice of deposit routes, including crypto
- +Fast, uncluttered web platform that works well on phones
- −Offshore licence only; no top-tier regulator
- −Warnings from the FCA and CFTC, and on India's RBI Alert List
- −Bonus offers come with turnover conditions
- −Native iOS app availability is inconsistent
Binomo
- +USD 10 deposit and USD 1 trades
- +Easy interface with daily tournaments
- +Large choice of local payment methods
- +Category A member of The Financial Commission
- −No government regulator; offshore entity in St Vincent and the Grenadines
- −On India's RBI Alert List
- −Expiries only up to one hour
- −Better payouts and faster withdrawals locked to Gold/VIP levels
Verdict: Pocket Option or Binomo?
Pocket Option wins 6 of 7 categories in this comparison. Pocket Option comes out ahead with a score of 4.1/5, against 3.7/5 for Binomo.
Our pick: Pocket Option
RecommendedPocket Option is best for: Small first deposits and copy trading
+50% deposit bonusT&Cs
Open free accountWhichever you choose, start with the demo, keep your first deposit small and test a withdrawal before you add more. Binary options are high-risk and most retail traders lose money.
Frequently asked questions
Which is better, Pocket Option or Binomo?
On our score Pocket Option is ahead (4.1/5 vs 3.7/5). Pocket Option is best for: Small first deposits and copy trading. Binomo is best for: Beginners who like tournaments and small stakes.
Which has the lower minimum deposit, Pocket Option or Binomo?
Pocket Option is cheaper to start with: the minimum deposit is $5, against $10 at Binomo.
Which pays more, Pocket Option or Binomo?
Pocket Option advertises the higher maximum payout (92% vs 90%). That lowers the win rate you need to break even from 52.6% to 52.1%.
Are Pocket Option and Binomo regulated?
Neither holds a licence from a top-tier regulator such as the FCA, CySEC or ASIC. Both operate through offshore companies, so your money has limited protection.
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Pocket Option review →Binomo review →Is Pocket Option a scam? →Is Binomo a scam? →