Professional traders, both new and seasoned, can use many fantastic features with Pocket Option. This trading platform is intuitive and ensures a positive user experience. It is present in over 95 countries and areas that offer clients regulated services.
Currently, Pocket Option has more than 20,000 daily active users and a daily trading volume of over $5,000,000. In this review, we highlight the various elements of the trading platform to assist you in understanding more about the broker, assets, mobile apps, and account opening.
That’s a frequently asked question that: Is Pocket Options a Scam? Pocket Option is a CFD and forex broker with a reputation for binary trading options. It offers a single account size that may be used across two distinct trading platforms. Hence, it is not a Scam.
This Forex Trader entered the binary options sector in 2017 and has since established a solid reputation among traders and other brokers. It is managed and maintained by Gembell Limited, a Marshall Islands-based corporation. Over 100 trading instruments are available at Pocket Option, including equities, cryptocurrencies, and currency pairs. The binary broker has designed a user-friendly web-based trading platform.
Pocket Option Evaluation
Their remarkable statistics support the popularity of the Pocket Option. At any given time, approximately 8,000 global traders are online. If you are unsure about this broker and need assistance deciding, this review will provide information on the trading conditions and customer service.
Trade Types
Pocket Option’s trading kinds are high/low options. This most straightforward form of binary options trading allows for a rapid and satisfactory payoff. You only need to choose a time limit and predict whether the asset price will be higher or lower at the end of the time to trade using the Pocket Option.
The High/low option’s near-immediate payment structure makes it ideal for trading binary options and increasing your account balance within minutes. If you are new to binary options, this high/low option will allow you to practice your strategy quickly.
Payouts
Pocket Option is renowned in the binary options market for its generous returns. According to the Pocket Option website, rewards can reach up to 218%, more significant than other binary options providers. The payouts for high/low trading are more than those for adder/pair options.
The 60-second high/low option transactions can yield huge profits in a matter of minutes. However, take caution when analyzing High/low options, as too many unsuccessful trades might result in a loss.
Promotions and Extras
When opening a live account with a pocket option, you receive a 50% deposit incentive on your first Investments. More significant initial investments result in a more excellent 50% bonus. This bonus applies to all traders, but only those with more significant amounts of trading money can cash in. You can get the promo code for pocket option by Trader’s Union in our website.
The drawback is that withdrawals cannot be made before trading begins. The incentives cannot be withdrawn immediately; they must be exchanged a set number of times first. This common technique safeguards brokers against phony sign-ups whose primary intent is to withdraw the bonus quickly.
Free Account
The demo account pocket option is ideal if you are confused about whether to practice or trade with real money. Before investing real money, it is imperative to test the waters with virtual funds on the practice account. The demo account does not require registration, unlike trading with a real account. Select the demo account button on the pocket option website to obtain $10,000 in virtual currency. It offers a sufficient experience to pick from and has a straightforward account layout.
Mobile Trading
It makes it simple to stay current on market news. Because it is simple and mobile-friendly, the functionalities of the web pocket option platform are accessible via mobile apps. This smartphone application is similarly free and has a quick interface.
Assets
Over 130 different assets are available on the Pocket Option. These assets have five categories: cryptocurrencies, commodities, Forex, Indices, and stocks. You will see a list of the website’s tradable assets and their respective payout percentages. These assets for trading provide enough opportunity to generate profits.
Deposits and Cash-Outs
Pocket Option accepts credit and debit cards, wire transfers, cryptocurrencies, and e-wallets for deposits. You can deposit funds using a variety of cryptocurrencies, including bitcoin, Ethereum, and Litecoin. Regardless of your method, you will have no issues depositing or withdrawing funds from the platform.
The minimal withdrawal amount is similarly smaller than the minimum deposit amount, with $10 being the lowest withdrawal amount. The user interface of Pocket Option streamlines the deposit and withdrawal process, allowing you to withdraw your entire balance without difficulty. A minimum deposit of $50 is required to initiate a Live account.