Pocket Option Review
Pocket Options, owned by Gamble Ltd., entered the world of binary options trading in 2017 and has made a splash in the market ever since. The broker is regulated by the International Financial Market Relations Regulation Center (IFMRRC), located in the Marshall Islands. Although binary options trading often have a bad reputation due to its high risk involvement, Pocket Options is one of the most trusted brokers in the industry. Creating an account is easy, and the platform works well for both new and experienced traders. So, read Pocket Option Review and then choose your trading platform.
With more than 100 assets available for trade and a plentiful payment system to accommodate international investors, Pocket Alternative offers trading opportunities to thousands of people worldwide. This Pocket Alternative Review will help you decide if you want to be one of them, as we take away the resources and other special features of the type of accounts you can get on their platform. Pocket Option review will help you for your trading.
Our Picks for the Best Brokers for Binary Options Trading
Searching for the best binary options trading platform all over the world can be complex. With such a mix of genuine and scam brokers competing for the local market, it is not surprising that there have been a few scams along the way. But this has not dampened the appetite for digital options trading.
We’ve listed the best binary options trading sites to let you trade Binary Options and Digital Options as an American trader.
- Maximum Profit: 96%
- Minimum trade: $1
- Minimum deposit: $50
- Assets: 100+ Crypto, Stocks, Commodities, and Currency Pairs
- Platform: Web, Android, iOS, and Windows
Pocket Option Review – How did we make this trading site in Our Priyority?
Pocket Option’s intuitive platform allows both seasoned and beginner traders to make fast trades while earning higher payouts than most other brokers.
- Regulation: IFMRRC
- Minimum Deposit: $50
- Minimum Trade: $1
- Bonus: 50%
- Payouts: 128% Max
- Trade Types: High/Low, Turbo
- Number of Assets: 100+
- Trade Platform: Web, Windows, iOS, Android
- Social Trading: Yes
- Demo Account: Yes
- US and UK Traders: Accepted
Pocket Option Review – Trade Types
Like their account, Pocket Options offers a trade type. However, what they offer is the fastest way to get an impressive payout.
Pocket options make trading easy with high / low options, the easiest of all binary options trading types. All you have to do is set a deadline for yourself and predict that the value of the asset at the end of the period will be more or less than the time you started the watch.
The high / low options make for a near-instant payout, which is ideal for traders looking to make some quick money. If you are unfamiliar with how binary options work, high / low options can help you develop your strategy in a short period of time. You can set your time to a minimum of 60 seconds. If you want to play long games, you can expire up to four hours.
Pocket Option Review – Payouts
Pocket options are known for making high payments in the binary options market. The minimum you can get is 50 percent, while their average is much higher. For successful high / low predictions you can usually expect to get 80 to 100 percent payouts.
The Pocket Options website states that you can get up to 218 percent payout, which is virtually unheard of. Even leading binary options brokers usually announce a maximum payout of only 200 percent.
Keep in mind that high / low trading, in general, pays you more than other types of binary options trading, such as ladder / pair options. Trading 60-seconds with high / low options can both introduce you to the Pocket Options platform and increase your account balance in minutes. However, it is important to be careful with high / low options, as well as many unsuccessful trades can quickly get you into the red.
Pocket Option Review – Bonuses and Promos
When you open a live account with pocket options, they will give you a 50% deposit bonus on your initial investment. The more you deposit as your initial investment, the higher the bonus will be 50 percent.
Assuming you can’t withdraw the bonus before you start trading. Since some investors may get the idea that they can sign up to withdraw that bonus with their initial investment, pocket options indicate that you must first participate in the trading market. Once you reach their specified trade level, you can withdraw the bonus.
If you are worried about all-in with a real account in the pocket option, you can try using their demo account. You do not have to register with them to use it. You can simply go to their website and click on the demo account button to get $ 10,000 in the virtual fund that you can use to trade.
Even if you are a seasoned investor, try the demo before you commit to real money. After all, if you decide that you do not like the platform, it is much easier or less intuitive than your choice, it is much easier to withdraw all your funds and close the practice account than to close a live account.
On the other hand, if you are new to binary options trading, a practice account will give you enough experience to understand if you want to continue. Also, with the user-friendly platform of Pocket Options, you’ll quickly find that you can handle something more complex or prefer to keep things efficient and simple.
While the main platform for pocket options is on the web, they also have mobile and PC versions. ITTrendex, LLC’s mobile app is available for both Android and iOS, so no matter what type of device you have, you can keep track of the market on the go.
The Pocket Options mobile app has the same features as the online platform. Since the platform is already very simple, it translates well into mobile trading. The process is the same as with the high / low options, and the interface installs and starts quickly. The app is free, so you don’t have to worry about any additional costs if you want to carry your investment with you.
The iOS app only requires iOS 11.0 or later, so you can use it on an iPad or iPod touch. If you have Android, you will need Android 4.4 or later. The pocket option really gives you a lot of choices about how, when, and where you want to trade — even if you are hoping for a tiered account, there are other areas where you can make the most of your experience.
With over 130 assets, Pocket Option has an astounding selection. Those assets are broken up over five categories:
As a new broker, Pocket Options has entered the binary options market with many popular assets including cryptocurrencies like Bitcoin and Etherium. Other brokers have excluded them from their list of assets, excluding a wider population of technology-savvy traders.
On the Pocket Options website, you’ll find their trading schedule, which includes a list of assets currently traded, as well as the percentage of payments for each. The schedule also shows the general and OTC resources and everyone’s working hours.
Deposits and withdrawals
Deposits and withdrawals are as simple as the pocket option interface. Once you register on their website, verify your form of payment and provide valid identification, you can start with a minimum deposit of $ 50 or more.
To put funds into your account, you can use a variety of payment types, from credit cards to cryptocurrency. Pocket Option accepts almost any major form of payment, including:
- Debit Card
- Bitcoin Cash
Although these are the most used options – there are more. You will have no problem depositing or withdrawing funds regardless of your preferred method.
In addition, the minimum withdrawal deposit is much lower than the minimum. Instead of $ 50, you only need to raise $ 10 for a valid transaction. Unlike some brokers, they do not charge commissions or fees for these transactions. Exactly what you withdraw goes to your bank account or card.
Be careful about currency conversions though. Some banks charge a fee for them, so if you want to make a hefty profit, make sure you are aware of the extra charges outside the pocket alternative platform.
Pocket Options has lots of special features to enhance your trading experience. With a live account, you’ll have access to features like:
Social trading is one of the most useful features of pocket options, especially for new traders. This allows you to keep an eye on other investors’ trading habits and see which ones yield the most successful results. Once you find the most skilled traders, you can learn to imitate their business for the better adversity in your case.
The Pocket Options Tournament allows you to compete against other traders for prizes. It’s not like social business since the latter is not a competitive system, but you will still see how you stack up against other businesses.
In tournaments, you have the opportunity to win prizes and achievements. Rewards vary, but some can deposit up to $ 50,000 into your account which you can then use to trade.
When you gain through tournaments, they are not a fancy badge to show off your trading skills. Achievements can be as effective as $ 50,000 in prize funds. Also, you will get trading benefits.
You can get a payout percentage bonus, trading funds and other benefits that allow you to improve your trading experience and increase your chances of making a profit.
Pocket Option Review – Indicators and signals
When you look at the market, the pocket option shows you when it will turn and when the price will rise or fall. Signals and indicators keep you up to date when you can get the most out of a potential trade.
You will have no problem connecting to Pocket Options Customer Support as all their contact information is easy to find on their website. They provide 24/7 customer service and their phone number, email and address are all available on their contact page.
You can also find them on various social media platforms including Instagram, Facebook, Twitter and others. They even have a live chat system on their website, so all you have to do is open it and get started.
If you have a general question but no time to chat, you can fill out the contact form on their website, and they’ll get back to you later.
To get in touch with them via phone, email, or at their physical address, use this information:
- Phone: 1 (800) 982-1251
- Email: email@example.com
When you’re thinking of trying a new binary options broker, you want to make sure they have enough features to give you the best trading experience you can get. What does Pocket Option have that sets it apart from the rest?
- Over 130 assets to trade
- Instant deposits and 24-hour withdrawal processing
- Social trading, tournaments, and achievements
- 50 percent deposit bonus with your initial investment
- $1 minimum trades
- Demo account with no sign-up commitment
- Available in 22 languages
- Accepts traders from the US
- Regulated and reliable
Despite its appeal with tons of assets and special features, Pocket Option isn’t without its problems. Let’s look at what might hold you back from trading with them.
- Only one type of account to trade with
- High/Low is the only trade type
- Simple trading platform
- Not licensed by the Cyprus Securities and Exchange Commission (CySEC)
The intuitive platform of pocket options allows both seasoned and novice traders to trade faster and pay higher than other brokers. They offer bonuses beyond the initial 50 percent, which means you have plenty of opportunities to increase your winnings.
Registering with them is easy, and you can test the platform with a demo account before committing. No matter where you use Pocket Options, you will have the same access to all of their features. We feel comfortable recommending Pocket Options as a reputable, reliable and responsible broker for your binary options trading.