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BinaryChooser

Pocket Option alternatives

Other platforms open to residents of Mongolia, 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. Olymp Trade logo

    1. 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 Mongolia
    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.
  2. Expert Option logo

    2. Expert Option

    3.7/5

    When it fits better

    Pick it if you want the cleanest screen and good phone apps.

    Lowest deposit
    $10 vs $5
    Top payout
    90% vs 92%
    Good for
    Beginners who trade mainly on their phone
    In Mongolia
    Accepts residents
    Compare in full with Pocket Option
    Expert Option home page
    Expert Option's home page with sign-up and the free demo.

    Expert Option and Pocket Option by the numbers

    —Expert OptionPocket Option (what you use now)
    Lowest deposit$10$5
    Lowest trade$1$1
    Top payout90%92%
    Win rate to break even52.6%52.1%
    Smallest withdrawal$10$10
    Practice balance$10,000$50,000
    What you can trade~100100+
    Trade durations5 seconds – 24 hours3 seconds – 4 hours
    Pay-out speedWithin 2 working days according to the platform; e-wallets and crypto can be quickerTypically 1–3 working days; crypto often quicker (user reports)
    BinaryChooser score3.7/54.1/5

    What Expert Option adds

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

    What you lose

    • Platform and apps: 4.3 vs 4.7
    • Costs and minimums: 4.1 vs 4.8
    • Payment options: 4.2 vs 4.6
    • Support: 3.9 vs 4.2
    • Contests
    • Markets where Pocket Option accepts you and Expert Option doesn't: 1

    What we think of Expert Option

    Expert Option has the easiest screen of the leading platforms and a good app. No government licence, fewer assets and its refusal of several Asian markets keep it third.

    Not for you if: You want many instruments or longer-term analysis

    More Expert Option screenshots

    Expert Option account levels
    Expert Option's account levels and what each unlocks by deposit size.
    Expert Option leaderboard
    Expert Option's leaderboard of top traders, names and photos blurred.