Pocket Option first introduced binary options to the market in 2017 and made quite its own name. While online brokers are often portrayed with negative reputations, pocket option review is among the most reliable online brokers. It is easy to set up an account and is suitable for novice and experienced traders. Pocket Option provides trading opportunities to thousands of traders across the globe, offering greater than 100 asset available for trading and a wide range of payment options available to foreign investors.
Pocket Option is a binary options broker that provides more than 100 different assets, which include stock, currency pairs, and cryptocurrency. Clients have access to regulated services in more than the world in 95 regions and countries, which includes those in the United Kingdom, the United States, Europe and India. It’s fairly simple to use and provides excellent service to customers when they need it. One of its major disadvantages is that it provides only one account for trading per user.
Here’s a brief overview of the key aspects included in Pocket Option.
This is regulated by the International Financial Market Relations Regulation Center (IFMRRC). The Forex trading broker also follows the Know-Your-Customer Policy and is in compliance to the Anti-Money Laundering Policy.
Commission & Fees
Trader Union analysts have looked into the trading conditions that were a part of Pocket Option to see whether there were any commissions. There are no hidden fees. The replenishment of an account in a trading is completely free.
To withdraw funds that are not Perfect Money, Perfect Money will charge a fee (0.5 percent) and the bank who makes the transfer could be charged fees. When you withdraw funds using other payment options that are electronic as well as credit cards is also free. With no changes to settings or contacting support Pocket Option automatically creates swap-free accounts for all its customers.
Pocket Option Account Types
The following is a comparative list of account types on Pocket Option
Pocket Option Demo Account
This demo Pocket Option account works perfect to test the waters before the use of an actual account. For use, you do not have to sign up with them.
To receive $10,000 worth of virtual cash that you can trade with visit the website of the broker and choose the Demo Account option. It’s always best to try out the demo account prior to making a real investment.
A demo version of the account can give you sufficient hands-on experience so that you can decide whether you want to keep using the service. With the simple platform that Pocket Option offers Pocket Option, you will quickly discover if you’re capable of handling complex tasks or not.
Pocket Option offers an outstanding variety of assets with more than 130 options to select from. The assets are split into five categories:
The trading calendar on the site displays the exchange rates for each asset currently and the payout percentage for each.
Deposits & Withdrawals
The Pocket Options UI makes it easier to process withdrawals and deposits. It is possible to start with a deposit of $50 or more if you’ve registered on the site and verified your payment method and have provided an acceptable ID.
You can fund your account with a variety of payment options. Pocket Option accepts most major types of payment.
Pocket Option offers a variety of withdrawal and deposit options, including Credit cards and debit cards Perfect Money, and Advcash.
Trader can also make deposits with a range of cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Ripple, USDK, ZCash, Dai Tether and USD coin.
Whatever method you choose no matter which method you choose, you should have no difficulties with cash withdrawals or depositing.
The withdrawal requirements are less than the deposit requirement. to make a transaction successful, you’ll need to take out just $10 instead of 50. They don’t charge any commission or fee for these transactions, which is different from other brokers.
Remember to consider currencies that you can convert. There are many banks that charge fees to convert these currencies, and you must take note of additional charges which may be applicable beyond Pocket Option.
Pocket Option gives you lots of choices for the best time, method and where you would like to make trades. Although the primary platform used by Pocket Option can be found on the internet, they also have both mobile and PC versions. Mobile apps are accessible for both iOS as well as Android and makes it easy to stay up-to-date with market’s developments.
The functions of the platform can be found through The Pocket Option mobile apps, and that’s due to the fact that the platform is quite simple and mobile-friendly.
The app is free as is the user interface quick to install and boot up. It’s possible to make use of the iOS application on your iPad and iPod touch, provided you’re running iOS 11.0 or higher installed. If you’re using Android and you’re running version 4.4 or higher.
Although Pocket Option offers only one kind of trade, this type allows for a quick and satisfactory payoff. With high and low options — the most basic of binary options types of trading -Pocket Option Pocket Option simplifies the trading procedure. All you have to do is establish a time limit for yourself and determine if the price of the asset will be higher or lower at the conclusion of the period that it was at the time the clock began.
High/low options allow for a quick payment, which makes them ideal for traders who want to make money quickly. If you’re not familiar with trading binary options, the high/low option will aid in learning the basics in a short period of time. You can set the timer for at minimum 60 minutes. You can set the expiration date up to 4 hours if you are interested in playing long-lasting games.
In the world of binary options, Pocket Option is known for its huge payouts. In terms of payout percentage, the lowest you could receive is 50% but their average is considerably more. To make sure that your high/low predictions are accurate generally, you can be expecting a payout between 80and 100 percent.
As per the official site for Pocket Option, you can earn upwards of 218% that’s unheard-of. Even the most reliable binary options firms only offer bonuses of up to 200 percent.
Remember that typically high/low trading provides the highest payouts when compared with the other kinds of binary options, like ladder/pair options.
60-second high/low options trading are highly useful if you wish to learn more about Pocket Option, and they could even bring you a substantial profits in just a few minutes! But, it is important to be cautious when trading high/low options, as numerous failed transactions can quickly leave you with risk of losing money.
Bonuses & Promos
Pocket Option will give you an initial deposit bonus of 50% on the first time you sign up for an account live with them. The larger your initial investment, greater the bonus of 50% you’ll receive.
However, you cannot take the bonus out until you start trading. Pocket Option requires that you be a part of the market for trading prior to signing up, as certain investors may think they are able to sign up and take the bonus along with their deposit.
Pocket Option offers a lot of extra features to improve your experience. If you have a real-time account you have access to lots of options, such as tournaments, social trading as well as achievements, signals and indicators.
This feature is especially useful for novices, as it allows traders to observe the trading practices of other investors and determine the ones that produce positive results. You can also learn to replicate the most skilled traders’ trades to ensure the optimal results.
The tournaments offered in Pocket Option allow traders to challenge each other to take home prizes. They are not identical to social trading as it’s more of an one-on-one competition, however, in both instances you’ll still be able to evaluate your performance with that of other traders. You can earn awards and other prizes when you participate in tournaments. The prizes you win could be worth up to $50,000.
Achievements are more than the pretty badges that show the quality of your trade when you win them in tournaments. They are as valuable as $50,000 prize cash. Also, you can benefit from trading. You could earn trading funds and a percentage payout bonus, as well as other advantages that can help you increase your skills in trading and increase your odds of making a profit.
Indicators & Signals
Pocket Option displays to you how the market changes and when prices increase or decrease. Indicators and signals allow you to stay updated on how you can get the most value through a trade.
Is Pocket Option Legit?
In the year 2017, Gembell Limited launched Pocket Option an online trading platform that trades binary options. Pocket Option is a trusted and reliable broker that puts a high importance on the privacy of its customers. It is monitored by IFMRRC. In addition, Pocket Option adheres to the AML and Know-Your-Customer policy which protects customers from fraudulent activities that involve the personal details of the customer.
Contacting the customer service of Pocket Option is almost free of hassle as all the details are readily accessible on their website. They provide customer support 24 hours a day as well as their email addresses as well as telephone number are available on their site.
They are also available on social networks like Facebook, Instagram, and Twitter. Their website also have live chat services that you can open and begin chatting. If you’ve got a question but aren’t able to commit to chat, just complete the contact form on the Pocket Option website, and they’ll respond promptly.
If you are considering a binary options broker, you should ensure that the broker be equipped with the right features that will give you the most enjoyable trading experience. Although Pocket Option is an appealing one that comes with a wealth of unique attributes and options but you shouldn’t overlook the negatives. Take a look at the pros and cons, and determine which binary option is the best for you.
Does it allow you to earn additional money from your demo account?
Demo accounts let you to get acquainted with the platform, test trading techniques on various instruments, and test innovative strategies using a live chart, without the risk of. The money in the demo account aren’t real money. You can increase them by making lucrative deals however you cannot take them out. You can transfer them to a real account when you’re ready to begin trading using real money.
How can I write an online review for Pocket Option on Traders Union website for Pocket Option?
You can sign up at the Traders Union website to submit reviews about Pocket Option or you can write an online review on Facebook.