Pocket Option Review

Pocket Option was founded in 2017 and quickly made a name for itself in the binary options marketplace. While online binary options brokers are often criticized, Pocket Option is one of the most trusted platforms for binary options trading. It’s easy to open an account. This platform is also suitable for experienced and novice traders. Pocket Option offers trading opportunities to thousands of people around the globe, with over 100 trading instruments that are affordable and many payment options for traders around the world.

Contents

Pocket Option quick overview

💻 Trading platformPocket Option proprietary platform, MT5
📊 Types of accounts:Demo, Newbie, Beginner, Experienced, Master, Pro, Guru
💰 Currency for account:USD
💵 Deposit/WithdrawalVisa Debit, MasterCard cards, Airtel, M-Pesa, ePayments, Qiwi Wallet, Binance Pay, Bank transfers, MTC, MTN, VodaFone, Tigo, MoMo Pay, Cryptocurrencies, and many more…
🚀 Minimum deposit:5 USD
📈️ Minimum OrderMinimum investment: 1 USD
🔧 Instruments:Forex currency pairs, commodities, cryptocurrency, OTC (currency, commodities, stocks)
📱Mobile trading:Yes
➕ Affiliate Program:Yes
⭐ Trade featuresSocial Trading
☪️ Islamic account Yes
🎁 Bonuses and contests:Yes

(Risk Warning: your capital can be at risk)

Summary

Pocket Option has many great features that are available to professional traders, and traders who just start in online trading. The trading platform is simple to use and offers a great user experience. It is available in over 95 countries and regions, offering customers regulated services. Pocket Option currently has more than 20,000 active users per day and a daily turnover exceeding $5.00 million. This review will show you the features of the platform. It also includes information about assets and how to open trading accounts.

Pocket Option is a forex and CFD trading broker that is well-known for binary options trading. You can have two trading platforms and a size for your pending accounts.

Forex trader, this Forex broker entered the binary options market in 2017. He has made a name for itself among brokers and traders. Gembell Limited, based in Marshall Islands, manages and operates the site. Pocket Option offers over 100 trading instruments, including stocks, currencies and currency pairs. A web-based trading platform has been developed by Binary Broker.

Regulation

Pocket Option FMRRC Regulation

Pocket Option is regulated and supervised by the International Financial Market Relations Regulation Center. The Know Your Client Policy is enforced by this Forex broker. They also adhere to the Anti-Money Laundering Policy.

(Risk Warning: your capital can be at risk)

Commissions and fees

To determine if Pocket Option was paying commissions, analysts looked at the trading conditions. There are no hidden fees for trading. Pocket Option allows you to free-reload your trading account.

Perfect Money is the only bank that will charge a fee for fund withdrawals. This fee is 0.5%. All withdrawals made using other electronic payment methods and credit cards are free. Pocket Option creates no-switch accounts automatically for all customers without requiring any configuration changes or contact support.

Pocket Option demo account

If you don’t know how to use a real Pocket Option account, the demo account from Pocket Option is great. You don’t even have to register with them in order to use it. Click the Demo Account button on the Pocket Option website to receive $10,000 to trade. Before investing in real money, it is always a good idea to try the demo first.

You will have enough experience with the demo to decide whether you want to continue. You will quickly discover if you are making the right decisions based on your Pocket Option account.

Is it possible for the demo account to earn additional profits?

You can use the demo to get familiar with the platform and practice trading on different assets. The funds in are not real money. They can be increased by profitable trades but cannot be withdrawn. When you’re ready to trade with real money, you can switch to a real trading account.

Assets

Pocket Option has a great selection of assets with more than 130 options. These assets can be divided into five categories:

  • Forex
  • Cryptocurrency
  • Indexes
  • Stocks
  • Commodities

The website’s trading schedule displays all assets being traded and the percentage of each asset that is being paid.

Deposits and withdrawals

The UI of Pocket Option makes it easy to deposit and withdraw funds. Pocket Option allows you to top up your account using multiple payment methods.

What is the minimum deposit for Pocket Option?

Pocket Option requires a minimum deposit of $50 in order to open a real account. The industry standard for minimum initial deposits is $50. Pocket Option allows trades up to $1.

Pocket Option provides a range of deposit and withdrawal options, including credit cards, debit cards, Perfect Money, Advcash, and credit cards.

A trader can also deposit using a variety cryptocurrencies such as Bitcoin, Litecoin and Ethereum, Bitcoin Cash or Ripple, ZCash, Dai Tether, USD currency.

No matter what method you choose, it should not be a problem to deposit and withdraw money. You don’t need to withdraw $50 or $10 for a successful transaction. They don’t charge any fees or commissions for these transactions, unlike other binary options brokers. Currency conversions are important. There are many banks that charge fees for currency conversions. You should also be aware of any other fees that might apply beyond Pocket Option.

(Risk Warning: your capital can be at risk)

Mobile trading

Pocket Option gives you many options when it comes to trading. Pocket Options is a web-based platform, but they also offer mobile trading. You can download the mobile app for iOS or Android to keep up with market news. Pocket Options has a MetaTrader 4 and 5 (MT4) iOS and Android apps.

The Pocket Option mobile app has all the features of the Pocket Option website platform. This is because the trading platform’s interface is very simple and mobile-friendly.

The app is completely free, and it is easy to launch and install. If you have iOS 11.0 installed, the iOS app can be used on your iPad or iPod touch. Android version 4.4 is required if you use it.

Types of trade

Pocket Option offers only one type of trade. However, it is easy to get a quick payout. Pocket Option makes trading simple with high/low options, the most basic type of binary options trading. It is easy to set a time limit and predict whether the asset’s price will change from the beginning of the clock.

Binary options traders looking to make quick profits will love the bullish/lower option. They offer an almost immediate payout. High/bear options are a great way to practice your strategy if you’re new to binary options. The timer can be set to at least 60 seconds. If you prefer extended games, you can set the expiry time to up to 4 hours.

Payments

Pocket Option is a well-known binary option market player for its high payouts. Pocket Option’s lowest payout is 50%. However, their average payout is much higher. You can usually expect a payout of between 80% to 100% for accurate high/low predictions.

Pocket Option’s website states that you can get payouts up to 218%. This is completely unprecedented. You can earn up to 200% from even the most reliable binary options company.

Remember that binary options trading with high/low payouts is more common than other options such as ladder/pair trading.

If you are new to Pocket Option, 60-second high/low options trades can prove very helpful. They can also generate significant profits in minutes. You should be cautious when trading bearish/bullish options. Too many failed trades could quickly result in losses.

Promotions and bonuses

Pocket Option gives you a 50% bonus deposit on your first investment, when you open an account. The 50% bonus will be higher if you make a larger initial investment.

You cannot withdraw your bonus money until you have started trading. Pocket Option will require you to trade first. Some investors might believe they can withdraw the bonus with their original deposit.

Additional features

Pocket Option has many other features that will enhance your experience. You can have access to many features, including tournaments, social trading, indicators, signals, and achievements.

Social trading

This feature is especially useful for beginners because it allows traders monitor the trading habits of other investors and determine which ones produce positive results. To get the best results, you can learn how to mimic the trades of experienced traders.

Pocket Option Tournaments

Pocket Option tournaments allow traders to compete against one another and win prizes. Although it is not the same as social trading, it offers traders an opportunity to compete against each other and win prizes. Participating in tournaments can help you earn prizes and achievements. You could win up to $50,000 with some prizes

Achievements

When you earn achievements in tournaments, they are more than just a nice badge to show off your trading skills. Achievements can be as valuable as the $50,000 cash prize. Trading benefits are also available. Trading funds can be earned, as well as a payout percentage bonus. These benefits will allow you to improve your trading skills and increase the likelihood of making a profit.

Indicators and signals

Pocket Option displays when the market is turning and when prices are rising or falling. You can stay updated with signals, drawing tools, and indicators to help you know when you can make more from a trade.

(Risk Warning: your capital can be at risk)

Is Pocket Option legal?

Gembell Limited created Pocket Option in 2017 as a trading platform for binary options. Pocket Option is a trusted binary options broker who values privacy. The IFMRRC regulates it. Pocket Option also adheres to the AML/Know Your Customer Policy. This protects against fraudulent activity that involves personal customer information.

Gembell Limited is the company behind Pocket Option. The company’s official registration number for Pocket Option is 86967.

Customer support

It is easy to contact Pocket Option customer service because all information is available online. Their contact information, including their email address and telephone number, is available on the website.

You can find them on social media sites such as Facebook, Instagram, and Twitter. Their website even offers a live chat option. Simply open it and get started chatting. You can fill out their contact form if you have questions, but don’t have the time to chat. They will get back to you as soon as possible.

Contact them using the following information:

Email support@PocketOption.com
Phone: 1 (800) 982-1251

Conclusion

Binary options brokers must have the resources necessary to offer you the best trading experience. Pocket Option has many great features and unique features. However, it is not without its drawbacks. Take the time to weigh all options and determine which binary option is best for you.

(Risk Warning: your capital can be at risk)

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3 thoughts on “Pocket Option Review

  1. I love Pocket Option, it’s the perfect broker to get started in binary trading. I was not blocked from withdrawing my profits, there was just an identity verification when opening my account and since then everything has been smooth

  2. Pocket Option was the second one binary options broker where I registered and completed my profile verification. I like this broker, it is a very good broker for beginners in binary option and forex CFD trading.

  3. The PO Trade trading site and application is well designed, and i find it particularly pleasant and easy to use. I won 7683 dollars last month trading via the Pocket Option application on my iPad, and I managed to get my money out in USDT. I received my funds quickly and without problem 🙂

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