A Comprehensive Comparison PrimeXBT vs Pocket Option
PrimeXBT and Pocket Option are two popular trading platforms, each with its own focus. PrimeXBT specializes in margin trading with cryptocurrencies and traditional assets like forex, offering leverage up to 100x. It’s designed for traders looking for advanced tools and high-risk strategies. Pocket Option, on the other hand, is known for its simple interface and quick trading options. It supports over 100 assets, including forex, stocks, and crypto. With features like a demo account, no deposit fees, and flexible trading modes (including express trades and social trading), Pocket Option is more beginner-friendly.
- Types of Accounts PrimeXBT
- Different Account Types at Pocket Option
- Mobile and Web Platforms on PrimeXBT vs Pocket Option
- Spread and Commission Structure at PrimeXBT
- Free Demo Account with No Investment Required on Pocket Option
- Supported Payment Methods on PrimeXBT
- Quick Deposit and Withdrawal Processing on Pocket Option
- FAQ: Pocket Option vs PrimeXBT
Types of Accounts PrimeXBT
PrimeXBT offers a straightforward account structure without multiple tiered account types like some other brokers. Here are the main types of accounts available on PrimeXBT:
Standard Trading Account
A basic account that gives you full access to trade cryptocurrencies, forex, commodities, and indices with leverage. Suitable for both beginners and experienced traders:
- This is the primary account type for all users.
- It allows access to all trading instruments, including cryptocurrencies, forex, commodities, and stock indices.
- Leverage up to 100x for cryptocurrencies and even higher for forex (up to 1000x in some cases).
- No KYC (Know Your Customer) is required for basic trading, but KYC might be needed for certain services like fiat deposits or withdrawals.
Covesting Copy-Trading Account
Allows you to copy the trades of top-performing traders or become a strategy manager yourself. Great for those who prefer to follow proven strategies:
- This account type is used for the Covesting copy-trading module.
- Users can either become strategy managers (where others can follow your trades) or follow other successful traders.
- It allows beginners to copy the strategies of more experienced traders.
- Strategy managers can earn additional income from followers.
Sub-Accounts
Create multiple trading accounts under one profile to separate your strategies or assets. Ideal for organized traders managing different portfolios:
- Allows users to create multiple sub-accounts within the main account.
- Useful for managing different strategies or asset allocations separately.
- Each sub-account operates independently with its own balance and trading activity.
Turbo Accounts (Short-term Options)
Trade short-term options with fixed payouts and expiration times from 30 seconds to 15 minutes. Best for those who enjoy fast-paced trading with quick results:
- This feature is available in some regions and allows for short-term options trading (similar to binary options).
- Trades can last from 30 seconds to 15 minutes.
- Offers fixed-risk, fixed-reward trading.
While PrimeXBT doesn’t segment users into Bronze, Silver, or Gold tiers like some brokers, they do have a fee discount program based on your trading volume, which reduces trading fees as your activity increases.
Different Account Types at Pocket Option
Here’s a simple breakdown of the different account types at Pocket Option:
Pocket Option Demo Account
The Pocket Option demo account lets you trade with virtual money, giving you a risk-free way to explore the platform. You can try out different strategies, learn how trading works, and get comfortable before using real funds. No deposit or registration is required—just start practicing anytime.
Real Account on Pocket Option
The Real Account on Pocket Option lets you trade with actual money across more than 100 assets, including forex, stocks, and crypto. You can start with a small deposit and enjoy features like bonuses, cashback, tournaments, and fast withdrawals. It’s designed for both beginners and experienced traders ready to earn real profits.
Social Trading Account
Allows you to copy trades from successful traders automatically. Great for those who want to follow experienced traders and learn from their strategies.
Tournament Account
Used to participate in trading tournaments. Compete with other traders for prizes without risking your own funds in some free tournaments.
Mobile and Web Platforms on PrimeXBT vs Pocket Option
Here is a comparison chart of mobile and web platforms PrimeXBT vs Pocket Option:
| Feature | PrimeXBT | Pocket Option |
| Web Platform | Full-featured trading via browser | User-friendly browser platform |
| Mobile App (iOS & Android) | Available with full trading tools | Available, includes all trading features |
| Desktop App (Windows/macOS) | Not offered | Supports desktop app for stable performance |
| Real-Time Charts | Advanced charting and technical tools | Easy-to-read charts with indicators |
| One-Click Trading | Supported | Supported |
| Copy Trading (Mobile/Web) | Covesting module available | Built-in social trading feature |
| Push Notifications | For trade alerts and system updates | For trades, promotions, and system updates |
| User Interface | Professional, best for experienced traders | Simple and intuitive, great for beginners |
Spread and Commission Structure at PrimeXBT
PrimeXBT keeps things simple with low fees:
Spreads
- PrimeXBT offers tight spreads across all markets, including forex, cryptocurrencies, commodities, and indices.
- The spreads are variable, meaning they can change depending on market conditions.
- Example: Bitcoin spreads can be as low as $5, while major forex pairs like EUR/USD often have spreads around 0.1 pips.
Commission Fees
- Instead of high spreads, PrimeXBT charges a flat commission on trades: 0.05% per trade for cryptocurrency pairs, 0.001% for forex, commodities, and indices.
- This structure is transparent, so you know exactly what you’re paying.
Overnight Financing (Swap Fees)
If you hold positions overnight, there are funding fees (also called swap rates), which vary based on the asset and leverage used.
Fee Discounts
PrimeXBT offers fee discounts based on your 30-day trading volume. The more you trade, the lower your commission rates.
Free Demo Account with No Investment Required on Pocket Option
Pocket Option offers a free demo account that lets you practice trading with virtual funds—no deposit or personal details needed. You get instant access to all platform features, including over 100 assets, real-time market data, and trading tools. It’s the perfect way to explore the platform, test strategies, and build confidence—all without risking any real money. Switch to a real account anytime when you’re ready!
Supported Payment Methods on PrimeXBT
PrimeXBT supports a range of payment options for deposits and withdrawals, focusing mostly on cryptocurrencies:
| Payment Method | Type | Details |
| Bitcoin (BTC) | Cryptocurrency | Main method for deposits and withdrawals. |
| Tether (USDT) | Cryptocurrency | Supported on ERC-20, TRC-20 networks. |
| Ethereum (ETH) | Cryptocurrency | Available depending on current platform updates. |
| USD Coin (USDC) | Cryptocurrency | May be available for deposits/withdrawals. |
| Changelly / Simplex | Fiat to Crypto (3rd party) | Use credit/debit cards or bank transfers to buy crypto. |
| Withdrawals | Cryptocurrency | Processed mainly in BTC or other supported cryptos. Typically fast (within 24 hours). |
Quick Deposit and Withdrawal Processing on Pocket Option
Pocket Option ensures fast and hassle-free deposits and withdrawals. Deposits are processed instantly or within a few minutes, depending on the chosen method. You can fund your account using bank cards, e-payments, crypto wallets, or bank transfers, with zero commission on deposits. Withdrawals are typically processed within 24 hours, though in some cases, it might take up to 3 business days. Pocket Option supports a wide range of payment options globally, making it easy for traders to access their funds quickly and securely.