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Warning: binary options are high-risk. Most retail accounts lose money and you could lose everything you deposit. Risk warning

BinaryChooser

Pocket Option alternatives

Other platforms open to residents of China, and the situations where each one fits better.

Pocket Option logo

Pocket Option · 4.1/5 · Lowest deposit $5 · Read the review

Why traders leave Pocket Option

  • Only an offshore Comoros licence
  • Named by the UK FCA, the US CFTC and India's RBI
  • Bonuses lock your balance behind trading volume
  • Refuses residents of the Philippines and Japan
  1. IQ Option logo

    1. IQ Option

    4.0/5

    When it fits better

    Pick it for the most complete charts, a desktop app and digital options.

    Lowest deposit
    $10 vs $5
    Top payout
    95% vs 92%
    Good for
    Experienced traders who want detailed charts and a desktop app
    In China
    Accepts residents
    Compare in full with Pocket Option
    IQ Option trading platform
    The IQ Option trading screen: asset, timer, stake and the payout before you trade.

    IQ Option and Pocket Option by the numbers

    —IQ OptionPocket Option (what you use now)
    Lowest deposit$10$5
    Lowest trade$1$1
    Top payout95%92%
    Win rate to break even51.3%52.1%
    Smallest withdrawal$2$10
    Practice balance$10,000$50,000
    What you can trade300+100+
    Trade durations60 seconds – 1 month3 seconds – 4 hours
    Pay-out speedUp to 3 working days, often lessTypically 1–3 working days; crypto often quicker (user reports)
    BinaryChooser score4.0/54.1/5

    What IQ Option adds

    • Desktop app
    • iPhone app
    • More to trade: ETFs
    • Markets where IQ Option accepts you and Pocket Option doesn't: 1

    What you lose

    • Costs and minimums: 4.2 vs 4.8
    • Copy trading
    • Demo with no sign-up
    • More ways to pay: Crypto

    What we think of IQ Option

    IQ Option has the best technology and apps here. Remember that in Asia you deal with an unregulated company and that the brand is on Singapore's and India's alert lists: strong platform, weak protection.

    Not for you if: You trade rarely (dormant fee) or withdraw several times a month

    More IQ Option screenshots

    IQ Option home page
    IQ Option's home page with sign-up and the free demo.
    IQ Option deposit page
    IQ Option's deposit screen with payment methods and minimum amounts.
  2. Olymp Trade logo

    2. Olymp Trade

    3.9/5

    When it fits better

    Pick it for a long-running platform and a company registered in Vanuatu.

    Lowest deposit
    $10 vs $5
    Top payout
    93% vs 92%
    Good for
    Traders who want a mature app and a registered company
    In China
    Accepts residents
    Compare in full with Pocket Option
    Olymp Trade platform
    Olymp Trade's trading screen: asset, timer, stake and payout before you trade.

    Olymp Trade and Pocket Option by the numbers

    —Olymp TradePocket Option (what you use now)
    Lowest deposit$10$5
    Lowest trade$1$1
    Top payout93%92%
    Win rate to break even51.8%52.1%
    Smallest withdrawal$10$10
    Practice balanceYes$50,000
    What you can trade100+100+
    Trade durations5 seconds – 23 hours3 seconds – 4 hours
    Pay-out speedDepends on account level and method; higher levels firstTypically 1–3 working days; crypto often quicker (user reports)
    BinaryChooser score3.9/54.1/5

    What Olymp Trade adds

    • iPhone app
    • Markets where Olymp Trade accepts you and Pocket Option doesn't: 1

    What you lose

    • Costs and minimums: 4.4 vs 4.8
    • Copy trading
    • Demo with no sign-up

    What we think of Olymp Trade

    Olymp Trade is just behind the leading three: a mature platform and better documentation than most offshore rivals, with the usual offshore limits on protection.

    Not for you if: You need a strong regulator or live in India

    More Olymp Trade screenshots

    Olymp Trade home page
    Olymp Trade's home page with sign-up and the free demo.
    Olymp Trade deposit page
    Olymp Trade's cashier with payment methods and minimums.