Short answer
Pocket Option is ahead on our score, 4.1/5 against 3.7/5 for Binomo.
Pocket Option fits: Very small first deposits and copying other traders
Skip Pocket Option if: You want a regulator behind your money, or contests make you trade too much
Binomo fits: Beginners who enjoy contests and small stakes
Skip Binomo if: You want trades longer than an hour or a regulator behind the platform
Score by score
Pocket Option 4.1/5
- Platform and apps4.7
- Costs and minimums4.8
- Payment options4.6
- Support4.2
- Licensing and openness2.6
Binomo 3.7/5
- Platform and apps4.2
- Costs and minimums4.3
- Payment options4.4
- Support4.0
- Licensing and openness2.3
How the two sites look
Pocket Option and Binomo in brief
Pocket Option (2017). Pocket Option has run since 2017 and is built around short fixed-time trades: choose up or down and a timer, and a correct call pays a set percentage. Next to the chart sit copy trading, a signals panel and regular contests. An MT5 account for forex and CFDs is offered separately.
Binomo (2014). Binomo has offered short fixed-time trades since 2014, aimed at beginners in Asia, Africa and Latin America, with a game-like screen and frequent contests.
Licence and safetyBetter here: Pocket Option
Neither Pocket Option nor Binomo is authorised by a leading regulator or by any regulator in Asia. Both run through offshore companies, so there is no compensation fund and no local authority to complain to.
Official warnings and alert-list entries we found: Pocket Option 4, Binomo 1.
| What we compare | Pocket Option | Binomo |
|---|---|---|
| Licence | No leading or Asian regulator. Pocket Option cites an offshore MISA licence from the Comoros. | No government regulator. Dolphin Corp LLC in St Vincent and the Grenadines runs it; it is a Financial Commission member. |
| Official warnings we found | FCA, CFTC, RBI, Bank of Russia | RBI |
| Dispute body | No outside dispute body | Member of The Financial Commission (private dispute body) |
On licensing and openness Pocket Option scores higher (2.6 vs 2.3).
Entry cost and chargesBetter here: Pocket Option
Pocket Option is cheaper to open: its minimum deposit is $5, compared with $10 at Binomo. The smallest trade is $1 on Pocket Option and $1 on Binomo.
| What we compare | Pocket Option | Binomo |
|---|---|---|
| Lowest deposit | $5 | $10 |
| Lowest trade | $1 | $1 |
| Charges | No pay-in fee listed; currency conversion costs can apply | No pay-in or pay-out fee listed; bonuses carry volume rules |
| Pay-out charges | None from the platform; your payment provider may charge | None listed |
| Dormant account fee | Not mentioned in the sources we checked – read the current terms | Check the current terms |
| Bonus | Deposit bonuses, often 50–100%, with volume rules that can block withdrawals | Deposit bonuses with volume rules |
Payouts and the win rate you needBetter here: Pocket Option
Pocket Option advertises the higher top payout (92% vs 90%), which cuts the win rate you need to break even from 52.6% to 52.1%.
| What we compare | Pocket Option | Binomo |
|---|---|---|
| Top payout | 92% | 90% |
| Win rate to break even | 52.1% | 52.6% |
| Note | 92% applies to popular assets at busy hours; quieter hours are reported 7–12 points lower | 90% is the advertised top on selected assets |
Top payouts apply to a few assets at the busiest hours. Look at the payout on the trade ticket before you open a trade; it is often lower.
Platform and phone appsBetter here: Pocket Option
Pocket Option. A browser platform with several chart styles, indicators and drawing tools. Copy trading and signals sit beside the chart, which makes it easy for a beginner to copy trades before understanding them.
Binomo. A fast browser platform: chart, stake, timer and an up or down button, with contests and achievements alongside.
| What we compare | Pocket Option | Binomo |
|---|---|---|
| Platform | Browser, Android, iPhone, MT5 (forex) | Browser, Android, iPhone |
| Android | Yes | Yes |
| iPhone | Browser app only | Yes |
| Extras | Copy trading, Contests, Small minimum | Account levels, Contests, Easy layout |
Instruments and trade durations
| What we compare | Pocket Option | Binomo |
|---|---|---|
| Instruments | 100+ | – |
| Markets | Currencies, Crypto, Commodities, Shares, Indices | Currencies, Crypto, Commodities, Shares, Indices |
| Trade durations | 3 seconds – 4 hours | 1 minute – 1 hour |
Paying in and cashing outBetter here: Pocket Option
Pocket Option. Money normally goes back the way it came in. Your ID and address are checked before the first pay-out. An active bonus can block a withdrawal until its volume is reached.
Binomo. USD 10 minimum; speed depends on your level, with VIP first.
| What we compare | Pocket Option | Binomo |
|---|---|---|
| Pay-in methods | Cards, E-wallets, Crypto, Local payment methods | Cards, E-wallets, Crypto, Local payment methods |
| Pay-out methods | Cards, E-wallets, Crypto, Local payment methods | Cards, E-wallets, Crypto, Local payment methods |
| Smallest withdrawal | $10 | $10 |
| Pay-out speed | Typically 1–3 working days; crypto often quicker (user reports) | Faster on Gold and VIP |
Practice accountLevel
Both have a free practice account, so you can try the two platforms with virtual money before depositing.
| What we compare | Pocket Option | Binomo |
|---|---|---|
| Practice balance | $50,000 | Yes |
| Try without signing up | Yes | – |
SupportBetter here: Pocket Option
| What we compare | Pocket Option | Binomo |
|---|---|---|
| How to reach support | Live chat, Email, Help pages | Live chat, Email, Help pages |
| Support | 4.2/5 | 4.0/5 |
Which markets they acceptBetter here: Binomo
Pocket Option accepts residents of 17 of the markets we cover, Binomo of 18.
Only Binomo: 1 markets
Philippines
Strengths and weak points
Pocket Option
- +Accounts open from USD 5 and trades from USD 1
- +Copy trading and contests on the same screen as the chart
- +Many ways to pay in, including crypto and local agents in Asia
- +Light web platform that runs well on a phone
- −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
Binomo
- +USD 10 deposits and USD 1 trades
- +Easy screen with daily contests
- +Many local payment methods in Asia
- +Category A member of The Financial Commission
- −No public regulator; company in St Vincent and the Grenadines
- −On the Reserve Bank of India's Alert List
- −Trades last at most one hour
- −Better payouts and faster pay-outs only on Gold and VIP
So, Pocket Option or Binomo?
Pocket Option is better in 6 of 7 categories here. Pocket Option is ahead on our score, 4.1/5 against 3.7/5 for Binomo.
Our choice: Pocket Option
Our pickPocket Option fits: Very small first deposits and copying other traders
+50% bonusConditions
Go to Pocket OptionWhichever you pick, practise on the demo first, keep the first deposit small and withdraw part of it before adding more. Binary options are high-risk and most retail accounts lose money.
Quick answers
Pocket Option or Binomo: which is better?
Pocket Option is ahead on our score (4.1/5 vs 3.7/5). Pocket Option fits: Very small first deposits and copying other traders. Binomo fits: Beginners who enjoy contests and small stakes.
Which needs a smaller deposit, Pocket Option or Binomo?
Pocket Option is cheaper to open: its minimum deposit is $5, compared with $10 at Binomo.
Which pays more, Pocket Option or Binomo?
Pocket Option advertises the higher top payout (92% vs 90%), which cuts the win rate you need to break even from 52.6% to 52.1%.
Does any regulator supervise Pocket Option or Binomo?
No leading regulator and no Asian regulator licenses either of them. Both work through offshore companies, so your money has little protection.
More comparisons and guides
- Pocket Option vs IQ Option
- Pocket Option vs Expert Option
- Pocket Option vs Olymp Trade
- Pocket Option vs Binarium
- Pocket Option vs IQcent
- Pocket Option vs BinaryCent
- Pocket Option vs Exnova
- Pocket Option vs Quotex
Pocket Option review →Binomo review →Is Pocket Option legit? →Is Binomo legit? →