In this pocket option review, I will tell you everything that you need to know about Pocket option trading platform (broker) to help you decide when you come to choose the right trading platform.
Pocket option is an online trading platform (broker) that allow trader/investor to trade different digital assets including binary option, forex, stocks, indices, commodities and cryptocurrencies.
The company now is only 5 years in the business. The company become most popular binary option trading platform for trader around the world. The pocket option is established in the year 2017, by Gembell Limited, certified by the FMRRC, the Financial Market Relations Regulation the FMRRC is not a government organization, and its certificate cannot be considered an official license that allows Pocket Option to carry out brokerage activities.
Pocket Option Pros and Cons
Pros
- Over 100 assets including cryptocurrencies, stocks and commodities
- Maximum profit yield 95%
- Get access to free demo account with $10,000 virtual currency
- Zee fees for fun deposit and withdrawal
- minimum deposit of $50
- 50% deposit bonus with first deposit
- support different mode of payment
- Tournaments, achievements, and social trading
- Secure and safe platform with 24/7 trading
- Support different languages and cash-back program
- Accepted customers from US and UK
Cons
- Regulated by the International Financial Market Relations Regulation Center (FMRRC) mean not an official regulator.
- Limited range of financial markets and instruments
Pocket Option Tradable Assets
Pocket Option offers different digital assets to trade in their platform including:
· Forex
· Stocks
· Indices
· Commodities
· Cryptocurrency
Pocket
Option Trade Types and Payouts
Binary Options (high/low)
Binary option trade this type of trade is based on market quick price prediction of an assets within a predetermined time-frame, it’s also called fixed price. A user can choose an assets and time frame if choose and predict correctly assets price movement” high or low “”up or down,” “Call or Put” this can result in a profit if done correctly. Or end up loss. The minimum trading amount in pockect option platform is $1, with zero commission fees, and 95% maximum yield of investment. And the time frame of trading a trader can choose is ranging between 1 minutes to end of the day, in OTC market you can trade with 15 seconds. But note that any trading that last a day a commission fees most be charge.
Pocket Option Trading Tools
Technical Indicators
The pocket option trading platform has different technical indicators to help their user to identify trends and to spot profitable trades. These have the most popular and useful technical indicators available including MA, Bollinger Bands, Alligator, RSI, MACD, Parabolic SAR, Stochastic Oscillator, Awesome Oscillator, ATR, ADS, Fractal, CCI, Ichimoku Cloud, and many more.
Charting and Drawing Tools
The pocket option platform have different charting tools available for their user to choose from including Area, Line, Candles, Hollow Candles, and Bars, Heikin-Ashi. The pocket option provide their with good drawing tools
Mobile Trading
The pocket option has a mobile app for convenient trading anywhere the mobile application is supporting both Android and IOS operation systems and it is available for download on the Apple Store or on Google Play for Android user. The pocket option mobile app is user-friendly easy to use with clean and good graphic interface.
Pocket Option Account Types
Below is the summary of pocket option accounts types:
|
Account Type |
Conditions |
Benefits |
Withdrawal Fee |
Spread |
|
Novice Trader |
Less than $100 balance and maximum transactions amount of $1,000 |
N/A |
Yes |
No |
|
Beginner |
$100 balance |
N/A |
Yes |
No |
|
Experienced |
$1,000 balance |
increased profitability by 2% |
Yes |
No |
|
Master |
$5,000 balance and maximum transaction amount of $2,000 |
increased profitability by 4%, Priority withdrawal |
Yes |
No |
|
Professional |
$15,000 balance and maximum transaction amount of $3,000 |
increased profitability by 6%, Priority withdrawal |
Yes |
No |
|
Expert |
$50,000 balance and maximum transaction amount of $5,000 |
increased profitability by 8%, Priority withdrawal, Premium gifts, Personal discounts in the market |
Yes |
No |
|
MT5 Forex |
available for the “Experienced”, “Master”, “Professional,” and “Expert” accounts |
/ |
Yes |
From 1.1 pips |
Pocket Option Demo Account
The pocket option trading platform offer a free Demo account for their user to get explore to their platform and practice different trading strategy for more profit if you’re convenient to trade in a live account.
The pocket option Demo Account come with $10,000 virtual money for practicing. If you run out of virtual funds inside of your demo account, you can have them replenished so you can continue practicing.
Open a DEMO Account
Pocket option Payment Methods
Deposits
The pocket option offer different types of payment method which including credit cards (Visa and Mastercard) and wire transfers, cryptocurrencies. Also pocket option platform accepts many different E-wallets including Skrill, Maestro, WebMoney, Neteller, and many more.
The minimum deposit for opening a real account with pocket option is $50 with zero charge commission fees for depositing funds.
Withdrawals
The pocket option trading platform minimum withdrawal amount is $10.You have to make request before the withdrawal, you need to use the same method you deposited the fun for easy transaction as a refund. The withdrawal cost zero fees, it’s free
Bonuses and Promotions
You will receive a 50% deposit bonus when you open and funded your live account with pocket option. The bigger the initial deposition, the higher the 50% bonus you will receive.
It is important to know that you can’t withdraw the bonus until you begin trading. And trading with bonuses will increase your time frame of trading .Pocket Option requires that you participate in the trading market first, since some investors may believe they can sign up to withdraw the bonus together with their original deposit. But you can choose not to add the bonuses in your investment.
Additional Features
Pocket Option offers some additional features that will make you’re trading more appealing with a live account, you can access an awesome features, including social trading, tournaments, achievements, and indicators and signals.
Social Trading
This feature is, it allows traders to monitor the trading passion of other trader and discover which ones create more positive outcomes. You can even learn to mimic the most experienced traders' deals for best outcome.
PocketOption Tournaments
Tournaments on Pocket Option allow traders to compete against each other and win prizes. You can win achievements and prizes by participating in tournaments.
Achievements
Achievements mean you earn badge for your experience in pocket option and this will give you some trading benefits. You can earn trading funds, a payout percentage bonus, and other benefits that will help you improve your trading skills and boost your chances of making profit.
Safety and Regulation
Pocket Option is regulated by the International Financial Market Relations Regulation Center (IFMRRC). The pocket option applies the (KYC) Know-Your-Customer policy and comply with the Anti-Money Laundering Policy to avoid and fraudulent misconduct.
Customer Support
If you are having trouble with registration, or any other issue, you can contact Pocket option customer service via the following media:
- Email: support@pocketoption.com
- Phone Number:+442081234499
- Official Website: Visit official website
- Facebook:https://facebook.com/pocketoption
- Twitter:https://twitter.com/pocketoption
- Telegram:https://t.me/pocketoption
How to Create Pocket option Account and verified with G mail
Step1: Go to their website and click “Registration” button in the upper right corner
Step2: you need to fill the information provided by pocket option and click “SIGN UP”
Enter your valid email address, create your unique strong password, Read the agreement and check all the term, check your email inbox provide during sign up and click the confirmation mail send to you by pocket option and activate your account. Pocket option will send you a congratulation message “you have registered successfully and your email is verified”.
Now you can start practicing trading with demo account with $10,000 virtual money for free if you get satisfy with their platform and your strategy you can switch to a real account with the minimum of $50 deposit to your real account.
Visit the Pocket option here >>>
Conclusion
Pocket option is an online broker best for binary option trading, Forex, stocks, indices and commodities which almost 5 year in to the financial market the company was established in the year 2017 and is regulated by the International Financial Market Relations Regulation Center (IFMRRC) in the Marshall Islands. Mean is not an official financial regulator, but the company applies (KYC) Know-Your-Customer policy and complies with the Anti-Money Laundering Policy to avoid and fraudulent misconduct. The pocket option has variety of payment method, the minimum deposit is $50, and $10 minimum withdrawal with zero fees for commission. Their trading platform with good graphic interface, with great tools for trading. Also the company accepted customer from US and UK
RISK DISCLAIMERS
This website includes information about cryptocurrencies, (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. knowaboutcryptocurrency.blogspot.com encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved. All contents on this site is for educational, and informational purposes only and does not constitute any financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. Knowaboutcryptocurrency.blogspot.com may receive compensation from the brands or services mentioned on this website at no additional cost to you.
Risk Warning: Trading CFDs on leverage involves significant risk of loss to your capital.
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