Pocket Option Trading Review
Pocket Option Broker
- User-Friendly Interface: The platform boasts an intuitive design, making it easy to navigate for beginners. Multiple Trading Instruments: You can trade a variety of assets, including currencies, commodities, stocks, and cryptocurrencies. Demo Account: Practice trading with virtual money before risking real funds. Low Minimum Deposit: Get started with a small initial investment. High Payouts: Potentially earn significant returns on your trades.
Details
| Broker | Pocket Option Broker |
|---|---|
| Website URL | https://pocket1.click/smart/MSNdEMaES4E1Kr |
| Founded | 2017 |
| Headquarters | Majuro, NA - Marshall Islands, Marshall Islands |
| Support Number | +44 20 8123 4499 |
| Support Types | Email, phone, Livechat, contact form |
| Languages | English Русский Português Español Italiano Polski Indonesian Français Thai Tiếng Việt العربية Malay 中文 Türkçe 日本語 한국어 فارسی Српски Română Hrvatski हिन्दी ελληνικά বাংলা Українська Pilipinas Kiswahili |
| Trading Platform | Android, Apk Download, Web App, Telegram bot, Xiaomi |
| Minimum 1st Deposit | $5 |
| Minimum Account Size | $1 |
| Minimum Trade Amount | $1 |
| Maximum Trade Amount | $100000 |
| Bonus | Bonus |
| Payout | 95% to 218% |
| Leverage | 1:1000 |
| Spread | floating spread: 1.1 pips. |
| Free Demo Account | Open Demo |
| Regulated |
 |
| Regulation | 4062001303240 |
| Commissions |
|
| Commission Info | 0.5% |
| Account Types | Back Quick Trading Real Account Quick Trading Demo account Shares Trading Real Account Shares Trading Demo account Forex MT4 Real Account Forex MT4 Demo account Forex MT5 Real Account Forex MT5 Demo account |
| Deposit Methods | Bank transfer, Cards, E-wallets, Crypto Currencies ETC |
| Withdrawal Methods | Bank transfer, Cards, E-wallets, Crypto Currencies ETC |
| Trading Methods | Binary options, Forex , CFDs |
| Number of Assets | 100+ |
| Expiry Times | 60 seconds plus |
| Types of Assets | currency, stocks, commodity, Indices |
| Option Types | HIGHER , LOWER |
| Trading Currency | Currency Asset is available for trading at the moment EUR/USD OTC 92% Asset is available for trading at the moment AUD/CAD OTC 92% Asset is available for trading at the moment AUD/CHF OTC 92% Asset is available for trading at the moment AUD/NZD OTC 92% Asset is available for trading at the moment AUD/USD OTC 92% Asset is available for trading at the moment CAD/CHF OTC 92% Asset is available for trading at the moment CAD/JPY OTC 92% Asset is available for trading at the moment EUR/CHF OTC 92% Asset is available for trading at the moment EUR/NZD OTC |
| Account Currency | USD, EURO, |
| US Traders Allowed |
|
| Mobile Trading |
|
| Tablet Trading |
|
| Overall Score | 6/10 |
Pros
- Gemini has just been updated. See update Conversation with Gemini Pocket option Pros and Cons Show drafts Pocket Option: Pros and Cons Pocket Option is a popular online trading platform offering various financial instruments. While it has gained traction among traders, it's essential to weigh its pros and cons before making a decision. Pros of Pocket Option User-Friendly Interface: The platform is designed with simplicity in mind, making it accessible to both beginners and experienced traders. Wide Range of Assets: Offers a diverse portfolio of assets, including forex, stocks, cryptocurrencies, and commodities, catering to different trading preferences. Educational Resources: Provides learning materials and tools to help traders improve their knowledge and skills. Demo Account: Offers a risk-free environment for beginners to practice trading strategies. Low Fees: Generally, Pocket Option has minimal trading fees, making it cost-effective for users. Multiple Deposit and Withdrawal Methods: Supports various payment options for convenient transactions.
Cons
- Gemini has just been updated. See update Conversation with Gemini Pocket option Pros and Cons Show drafts Pocket Option: Pros and Cons Pocket Option is a popular online trading platform offering various financial instruments. While it has gained traction among traders, it's essential to weigh its pros and cons before making a decision. Pros of Pocket Option User-Friendly Interface: The platform is designed with simplicity in mind, making it accessible to both beginners and experienced traders. Wide Range of Assets: Offers a diverse portfolio of assets, including forex, stocks, cryptocurrencies, and commodities, catering to different trading preferences. Educational Resources: Provides learning materials and tools to help traders improve their knowledge and skills. Demo Account: Offers a risk-free environment for beginners to practice trading strategies. Low Fees: Generally, Pocket Option has minimal trading fees, making it cost-effective for users. Multiple Deposit and Withdrawal Methods: Supports various payment options for convenient transactions. Cons of Pocket Option Regulation Concerns: The regulatory status of Pocket Option has been questioned, raising concerns about investor protection. It's crucial to research the regulatory environment thoroughly. High-Risk Investments: Trading financial instruments, including binary options, carries inherent risks. It's essential to understand the potential for loss. Limited Customer Support: Some users have reported issues with customer support responsiveness, which can be frustrating. Withdrawal Delays: There have been reports of delays in processing withdrawal requests. Focus on Binary Options: While it offers other asset classes, Pocket Option has a strong focus on binary options, which are considered high-risk by many regulators.
Pocket Option Review 2024: Is pocket Option Legit or Scam? Why i failed 20 times and won twice trading on pocket options platform.
In this pocket option review, we will try to differentiate the truth using our experience on 2nd july 2024 and users feedback. Currently, Some traders and reviews has labeled the broker a scam. While we cannot say that pocket option is legit for all investors. Pocket options trading might be difficult to conclude that it’s a scam as well. However, if you spend little time reading our pocket option review, you will be able to determine if they are legit and safe for you. Start investing in pocketoption.
PO Review – Pocket Option 2024 Experience.
Pocket Option (PO) is a binary options trading broker, the platform was founded by group of experts and claim to be the champion. Well, binary options trading can be difficult to understand or make profits especially when it comes to 60 seconds. Still, it’s the fastest way to make money within a short period of time. It’s always better to understand how it works before investing. If this is your first time, you should know that you can lose all your investment in 30 seconds.
Pocket option is one of the broker that have gained popularity because of its competitive trading platform offered through pocketoption app, web-based and other trading tools. The broker offer multiple trading assets with up to 100+ trading instruments. Therefore with pocket option you can trade currency, stocks, indices, commodities and crypto currencies.
To ask if pocket option is legit, you must be a new user trying to verify the platform before investing. My first answer is that pocket option is highly equipped with tools and educational resources to help you start. The broker is well, built with intuitive interface and easy to navigate screen.
What Is Pocket Option?
Pocket Options is trading platform with 7 years of experience in financial markets. The broker is mixed with team of talented IT and FinTech specialists who wanted to prove that people don’t need to compromise to earn on financial markets. Thereby making trade easier and accessible to everyonce looking to enter the market. They continue to develop, improve and constantly innovate your trading experience. Thus you don’t have to worry about deposit, withdrawal, trading tools as they simplifies it all.
Trading Platform
Pocket options offer outstanding trading platform which users can access through several ways. Therefore, the platform is contemporary and refined for trading on financial markets. However with pocket options platform you can up to 100+ trading instruments. There’s an Instant Deposits and Withdrawals with promo and bonus. More-so you can equally trade with their Social Trading, this allows you to copy other professional traders. Pocket options offer traders with trading apps like Android, Apk Download, Web App, Telegram bot, Xiaomi and Huawei. Therefore you can trade on the go anywhere anytime.
Pocket Option Account Types
Pocket option offer two types of trading account which is Demo and real account. However the demo account comes with $10,000 for trading demo and real account carry as low as $10.
Demo Account
The demo account comes with $10,000 free trading credit. You can trade from 1 minute to the max, however you cannot withdraw profits. This account gives you access to pocket option full system. You can twak and manage your interface to suit your trading experience.
Real Account
Pocket options offer real account, which gives you full access to their system. Therefore when you select real account, you are now taking the risk and any profit is your money and you can withdraw it. Please avoid bonus. The minimum deposit on real account is $10 and minimum withdrawal is $10. However the minimum trade is $1 which is best for beginners or advanced traders to test the system.
Is Pocket Option Regulated?
Pocketoption.com, and it’s subdomains claim to be regulated under International Ibc Regulation Act 2014 Brokerage License
Autonomous Island Of Mwali (Mohéli) Comoros Union. Therefore, the Infinite Trade LLC is registered at Republic Of Costa Rica, San Jose- San Jose Mata Redonda, Neighborhood Las Vegas, Blue Building Diagonal To La Salle High School with the registration number 4062001303240.
The Registrar of International Business Companies certifies that having satisfied all the requirements in respect of incorporationunder International Business Company Act, that all the requirements of said Act in respect of incorporation have been complied with. In accordance with the mandate granted to the Office of Mwali International Services Authority by the International Act 2001 of the Autonomous Istand of Mwali (Mohéli).
Deposit and Withdrawal Methods
Pocket option offer variety of payment methods to investors, it’s secure and fast to process. Therefore if you are not sure of what payment methods is available at pocket options, here is it all. You can deposit and withdraw via:
Cards: Visa, Mastercard (USD) with minimum deposit and withdrawal of $5 and timeframes is 5 min.
Visa/MC/Verve: The minimum deposit and withdrawal is $5 timeframes is 5 min.
VISA (EUR): Minimum deposit and withdrawal is $10 and time is 5 min.
Mastercard (EUR): The minimum deposit and withdrawal is $10 time is 5 min.
E-payments
Perfect Money: deposit and withdrawal Minimum is $5, time is 1 min.
Volet.com (ex. Advcash): This pocket option minimum deposit and withdrawal is $5 and time is 1 min.
Payeer: The minimum deposit and withdrawal is $5 and time is 1 min.
WebMoney: Deposit and withdrawal minimum is $5 and 1 min.
Crypto currency: On cryptocurrency all minimum deposit is $10 and time to receive is equally 10 min. Therefore you can deposit Tether (USDT) TRC-20, Tether (USDT) Polygon, Tether (USDT) Solana, Tether (USDT) Avalanche, Tether (USDT) Optimism, Tether (USDT) Optimism, Tether (USDT) Arbitrum One, Tron (TRX)
Bitcoin (BTC), Binance pay, deposit and withdrawal minimum of $5 and time is 10 min. There are ethereum, ltc, BNB, XRP, TON, SHIB, ADA, DOGE, AVEX, MATIC, CRO, ALGO, DOT, UNI, APE, LINK, ATOM, ETC, XML, USDC, BCH
Is Pocket Option Legit?
Is pocket option actually legit or scam trading platform. We have so many users who claim that pocket options is a scam. Well, we currently have a trading account with them, we traded with %100 profits on our first deposit. However after our first withdrawal, we deposited back twice and lost everything. It’s highly recommended that you trade with caution on the platform.
The fact about pocket option is that it’s not clear that the platform is not legit but you need to know your investment with them is not 100% safe. Therefore, we have compared the pocket option with iqcent, you can get more information about iqcent broker here. Iqcent broker more recommended and gives clear trading platform.
Pocket Legal In Germany?
Pocket option no longer accept traders from Germany. Therefore if you are looking for a reliable platform and you are located in Germany, trade with this profitable broker. However other brokers you can look at now Raceoption.
German trader can’t trade with pocket option as it might be illegal or not even allowed by the broker.
Customer Support
Pocket options offer users support service via email, phone, livechat and contact form. In process of pocket option review, our experience on support is a good work. Therefore when trading with pocket option be sure that you will get customer support service instant. They respond in few moments like 5 minutes and response was direct on answer.
Pocket Option Review Conclusion
Overall: do you want to trade forex, options and CFDs. Pocket option is an option if you are convinced that you can trade based on available tools on the broker platform check pocketoption broker. However our advice and suggestions is to go for iqcent broker. Pocket option broker is a reliable because they allow free deposit and withdrawal. Our trade on the platform is not profitable because we don’t know how the platform works. On the other hand their platform is not good enough for us to succeed.
See our mining sites here.