Pocket Option.
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copy trade generously visit our own web-site. Pocket Option is a global binary options broker with sleek proprietary trading platform and competitive range of assets.
Quick Menu.
What Is Pocket Option? Company Details History Mobile Trading Live Accounts Demo Account Deposits Withdrawals.
Instruments:
Crypto, Stocks, Binary.
Demo Accounts:
MetaTrader 4:
MetaTrader 5:
STP Account:
ECN Account:
DMA Account:
Margin Trading:
Social Trading:
Copy Trading:
Islamic Account:
Min. Deposit $50 Min. Trade $1 Regulated By IFMRRC Mobile Apps iOS & Android Currencies USD.
Cryptos.
Pocket Option supports five cryptocurrency options assets spanning major tokens and cross pairs.
Coins BTC, ETH, EOS, LTC Spread N/A.
Pocket Option is a binary and OTC options broker providing forex, stocks, commodities and indices assets. The firm offers a proprietary comprehensive trading platform that users can access via a free demo account. There is also a range of feature-rich live accounts which can complement strategies for beginners, as well as expert traders. Our 2023 Pocket Option review explores the login process, fees, bonuses, payment methods and more.
What Is Pocket Option?
Company Details.
With four asset classes available, clients can access a range of binary and over-the-counter (OTC) options. The broker aims to provide an accessible and convenient service on an innovative platform, ideal for swing traders. Flexible features are also available, such as signals, bots and copy trading, with potential payouts ranging from 45% to 80%.
History.
Pocket Option’s official website and company is owned and managed by Gembell Limited, with its office registered in the Marshall Islands. Although only founded in 2017, the broker gained over 100,000 active users in 95 countries by the end of the year. Since then, it has grown significantly, reaching the 1 million user mark in 2018 and over 10 million registered clients by 2019.
Markets.
The broker offers binary or over-the-counter options (OTC), meaning contracts can be traded off-exchange via private transactions between two counter-parties (the buyer and the seller). Pocket Option offers 100+ assets across four classes, including:
Indices – 10 market indexes including FTSE100 Commodities – 5+ commodities such as gold, silver and crude oil Stocks – 20+ company stocks including market leaders such as Apple and Amazon Forex Pairs – 25+ currency pairs including majors such as USD/GBP, as well as minors and exotics.
Note: Pocket Option does not offer any form of crypto trading.
Trading Platform.
The broker offers its own bespoke trading platform. The Pocket Option terminal is straightforward and comes with a range of competitive trading features, including signals robots, APIs, copy and social trading, price indicators and plenty more.
Key features include:
30 technical indicators, including Bollinger Bands and Moving Averages In-platform live chat for broker and trader support 9 drawing tools, including Fibonacci Retracement 14 time frames, from 5 seconds to 1 day Trading analysis and economic calendar 4 chart types with multiple layouts.
On the official website, there are PC download links (specifically for Windows applications including Windows 7), mobile apps (both Android and iOS), web applications and a telegram bot, which provides free signals. The level of accessibility that Pocket Option offers is on par vs leading trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
Mobile Trading.
Pocket Option provides access to its broker platform via mobile apps available to download for free from Android (via Google Play) and iOS (via Apple App Store). The applications have been developed to cope with the innovative proprietary platform, allowing traders to monitor positions on the go. The platform on the mobile app replicates the web terminal which should give traders the same high-quality trading experience regardless of device.
Trading Accounts.
Live Accounts.
Pocket Option offers six live trading accounts. All accounts are suitable for swing trading and offer social trading, an unlimited number of trades, tournament access and several more benefits. The minimum balance and maximum trade amount will increase depending on profile level, as do the number of additional features:
Newbie – Minimum balance: less than $100, maximum trade amount: $100 Beginner – Minimum balance: $100, maximum trade amount: $100 Experienced – Minimum balance: $1,000, maximum trade amount: $1,000 Master – Minimum balance: $5,000, maximum trade amount: $2,000 Pro – Minimum balance: $15,000, maximum trade amount: $3,000 Guru – Minimum balance: $50,000, maximum trade amount: $5,000.
Demo Account.
When we compare Pocket Option’s demo vs other brokers such as IQ Option and Olymp Trade, the offering is competitive. The broker offers a free platform demo with $10,000 pre-included. Here, traders can test their skills and determine the best trading strategy before putting any real funds down.
Although the demo solution is ideal for practising a 5 second, 15 second, 1 minute or 2 minute trading strategy, we would associate these more with quick trading styles such as scalping or day trading. Thankfully, there are plenty of other time intervals to choose from, making the simulator account a good choice for all trading styles.
Fees.
Pocket Option offers a low fee trading experience that is similar vs some direct competitors such as Quotex and Nadex. Rather than charging high commissions or imposing deposit and withdrawal fees, the broker caps the payout of each instrument available to the trader. This means that the trader retains a proportion of the value of the trade and the remainder goes to the broker.
Pocket Option is known for having high payouts ranging mostly from 45% to 80%. The level of return varies depending on the asset being traded, so ensure you are familiar with payout percentages before investing.
Pocket Option Payments.
One of the advantages of trading with Pocket Option is the range of payment methods available to deposit and withdraw. There are no deposit or withdrawal fees, however, payments are required in USD and therefore currency conversion fees may apply.
Popular methods include:
Debit/Credit Card (including Visa and Mastercard) E-payments (including Perfect Money and Webmoney) Cryptocurrencies (including Bitcoin, Ethereum and Ripple)
Deposits.
Pocket Option set minimum deposit limits depending on your profile level. Once a trader has selected what profile level they want, the depositing method is straightforward. Processing times will vary depending on payment method but transferss can take anywhere between 3 to 45 working days.
For those who need help, there is a comprehensive guide on how to deposit in the broker’s FAQ section.
Note: It is common for brokers like Pocket Option to offer a no deposit bonus when signing up, so make sure to check this at registration.
Withdrawals.
Withdrawals are relatively low cost with a minimum withdrawal limit of $10. Processing times start from 3 business days. If the broker is facing withdrawal issues, they typically notify the customer that the processing time is likely to increase.
Pocket Option withdrawals do not require proof of identity and the broker also offers a detailed ‘how to withdraw’ tutorial in the FAQ section.
Regulation.
Pocket Option’s owner – Gembell Limited, is a registered company in the Marshall Islands that is regulated by International Financial Markets Relations Regulation Centre (IFMRRC).
