Pocket Option Review

Rating:

5 out of 5 stars

  • Up to 92% Payout (Amount is credited to account in case of successful investment)
  • Free No Deposit Demo Account
  • Regulated IFMRRC
  • Up to 50% bonus
  • $50 min. Deposit

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General risk warning: your capital is at risk

In this review, we will take a full tour and analyze the Pocket Option broker which is an online trading site that is attracting more and more traders lately. We will see if Pocket Option is a scam or if it is a serious and trusted broker. What are these characteristics, advantages, and disadvantages and it is worth using it for online trading.

Pocket Option Overview

Pocket Option is a binary option broker operating under the company name Gembell Limited, It is a broker that started operating in 2017 and has since grown in popularity in recent years. The company is registered in the Marshall Islands, which is a classic destination for international offshore brokers and is regulated by the International Financial Market Relations Regulation Center (IFMRRC).

Pocket Option Trading Instrument

Pocket Option allows you to trade no less than 130 assets. Covering five major categories:

  • Forex currencies
  • Stocks
  • Indices
  • Commodities
  • Cryptocurrencies

Pocket option is a binary option broker that allows you to speculate on a wide range of assets such as classic Forex currencies as well as exotic currency pairs, stocks, indices from around the world. commodities such as gold or oil and cryptocurrencies such as bitcoin or ethereum for traders who love innovation and new technologies.
On their website, you will find the full list of assets available and currently traded, as well as the payout percentage offered for each asset on successful investment.

Demo Account

To familiarize yourself with the Pocket Option Trading Platform and learn about binary option trading with this broker, you can try their demo account. You can open a demo account on Pocket Option without registering. To open a demo account, all you need to do is go to their website and click on the “Demo Account” button to start trading online with $ 10,000 in virtual money. This will allow you to train and discover all the functionality of the platform without risking your money.

It is always important to try out the demo before trading for real money. Because if the trading platform does not suit you, it will be much easier for you to abandon the practice account and try the demo mode of another broker without depositing any money.

If you are a newbie to binary options trading, it is a good idea to use a demo account to gain experience and understand how binary options trading works.

Account Type

This broker also offers a Demo account, which is limited in terms of available assets but which allows you to test different trading strategies as well as to discover the platform. The Real mode which allows you to trade binary options without restriction and with the possibility this time to trade in real money and withdraw your profits with different means of payment.

PocketOption gives you access to 7 types of accounts. The type of account depends on the amount deposited on the site.

Each type of trading account allows different capabilities and gives additional benefits to the trader. You can participate in tournaments on the site, receive bonuses and rebates, risk-free transactions as well as cashback. The higher your account type is, the more benefits you get on your Pocket Option trading account.

Pocket Option Trading Platform

The Pocket Option trading platform is relatively simple and intuitive to use and will suit most traders, whether beginners or expert traders. This trading platform is equipped with many indicators that will help traders to make more informed decisions on the market. If you prefer classic trading platforms like Metatrader 5, This broker allows its users to use the MT5 trading platform to trade online.

Mobil App

PocketOption has developed its own IOS and Android mobile application for online trading. The Pocket Option application download is available for free on the App Store and Google Play markets. This is convenient for trading comfortably on your tablets and smartphones when traveling or when you are not at home.

You can download the Pocket Option trading app from your IOS and Android device

Pocket Option Payout

PocketOption allows you to earn up to 92% of the amount of your investment by speculating on different types of assets.

You can speculate on durations ranging from 1 minute to several hours with investment profits of up to 98% of the amount invested. The minimum amount for a trade is $ 1 and the minimum deposit on the platform is $ 50.

Social Trading

Social Trading is a technology that connects experienced traders with those who want to follow their activities and profit from their success.

Pocket Option is one of the few binary options brokers that offers the opportunity to use social trading. Thanks to this function you can copy the success of professional traders and allows you to receive gains on the copied orders according to the activated parameters. Even if yous are a beginner, you can become a successful trader thanks to the social trading service offered by the platform.

Trading signals

PocketOption provides trading signals to these clients. Trading signals are available on a menu on the right side of your screen. These trading signals can help traders make better decisions when trading binary options with this broker.

Deposit and Withdrawal

Here is a list of deposit / withdrawal methods that Pocket Option offers:

Visa and Mastercard debit and credit cards
Euros / US Dollars / Rubles

Electronic wallets
Webmoney / Perfect Money / Advcash / Yandex.Money / QIWI / Jeton / Vload

Cryptocurrencies
BTC / ETH / Litecoin / BUSD / Tether / DAI / USD Coin / USDK / TrueUSD / Bitcoin Cash / Stellar / PAXOS Standard / PAX / Zcash

Bonus

Pocket Option offer a 50% deposit bonus on your first deposit. The larger the first deposit, the more you will get a significant bonus because it is proportional to the first deposit.

Please note that the bonus cannot be withdrawn directly if you do not trade. Because some users want to abuse the bonus and simply register to withdraw this bonus, This broker, like most brokers, protects against this type of abuse and offers a bonus that you must use to trade. Once you have reached a sufficient number of transactions, you can withdraw the bonus freely.

Pocket Option review conclusion

Pocket Option allows traders all over the world to speculate on binary options with higher returns on investment than other brokers. They offer a bonus of up to 50% of the first deposit which means that you would get more starting capital to trade.

Registration is easy and fast and you can even open a demo account without having to register. In conclusion, Pocket Option is a reliable and trusted broker that we can recommend to trade binary options under the best conditions.

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