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Pocket Option Reviews

Pocket Option Review:

The Marshall Islands-based derivatives broker Pocket Option specializes in binary and OTC options on currencies, stocks, and digital assets. The broker supports clients from Kenya, Indonesia, Germany, and other nations.

A group of IT specialists established the business in 2017, and owner Gembell Limited is in charge of it. The International Financial Markets Regulation Center oversees the corporation, which has its registered office and main offices in the Marshall Islands (IFMRRC).

The binary options broker has more than 100,000 active users and more than $500,000,000 worth of trading volume. More than 95 nations and areas are served by the company.

Trading platform

The company gives each of its clients their trading platform software, unlike the perennially popular MT5.

The organization offers a simple trading solution that is suitable for both novice and experienced traders by bringing all of the broker’s features and assets together in one location.

Four chart kinds, 30 technical indicators, nine charting tools, four simultaneous charts, copy, signals, social trading chat features, account administration, and 14 periods ranging from 30 seconds to a day are all aspects of the trading platform.

Pocket Option отзывы

Assets

The firm allows trading in OTC and binary options on more than 130 underlying assets grouped into four asset classes.

  • More than 30 forex currency pairs are available on the platform. They range from classic major pairs like USD/GBP to minor and exotic pairs like NZD/JPY.
  • Commodities: four OTC commodities
  • Stocks: Over 20 stocks
  • Over 35 cryptocurrencies are available.

Spreads and commissions

This broker doesn’t impose any commissions or other non-trading costs as a binary options provider. To help you calculate how much money you could make, the broker provides an estimated payout on each asset in place of a spread. EUR/GBP payouts average 81%, GBP/USD payouts average 57%, and USD/RUB payouts average 92%.

Disney pays out 92 percent of its stock, McDonald’s 78 percent, and Microsoft 51 percent. The exchange rate for cryptocurrencies is typically around 40%. However, because of heightened volatility, it is lower.

Mobile applications

There is an iPhone and Android Metatrader 4 (MT4) app. The program may be downloaded from the App Store and Google Play Store and supports both APK and iOS. The program runs without any bugs and is fully functional. It is simple to use and excellent for new users.

Pocket Option отзывы

Trading account replenishment methods

There isn’t any additional charge for deposits. The minimum amount is $50, and deposits typically take 1-2 business days to process. A currency conversion fee can be charged because credit card deposits can only be made in US dollars. The following payment options are available for making deposits:

  • Debit/Credit Card
  • Transfer to an Electronic Wallet
  • Bank transfer

There are no withdrawal fees assessed by the business. There is no maximum withdrawal limit and a $10 minimum withdrawal requirement. Most of the time, funds with confirmation come within 24 hours. Deposits and withdrawals can both be made in the following ways:

  • Debit/Credit Card
  • Transfer to an Electronic Wallet
  • Bank transfer

Demo Account

The business provides a demo app for free. Simply register, sign in using your login information, and launch your sample account. For demo users to practice trading, the broker offers them $10,000 in fictitious funds. With the help of the demo account, which serves as a study aid, you can hone your trading abilities without having to put your money at risk. The broker will boost your virtual funds at no additional expense to you if you lose all of your money.

Regulation

In the Marshall Islands, the International Financial Markets Regulation Center oversees the broker (IFMRRC). It is doubtful that the broker complies with anti-money laundering (AML) standards and has established itself as a reliable entity, even though it is not governed by the Cyprus Securities and Exchange Commission (CySEC), a reputable regulatory organization.

Account Types

A common live trading account exists. In the account, there are no gold, silver, or bronze levels. Traders can open this account with just a $50 investment, and after it has been validated, they can begin investing in more than 130 assets and financial instruments.

Customer Service

You can get in touch with the broker if your deposit didn’t go through or if you’re experiencing problems getting your money out. There are two ways to reach business around-the-clock:

  • 1 (800) 982-1251 is the phone number.
  • Email: support@pockeoption.com

Additionally, customers can get in touch with Pocket Option via live chat on their website, Instagram, Telegram, Facebook, and other platforms.

Conclusion

The forex and CFD broker is a dynamic young individual. They have a lot of additional features that can entice traders despite the fact that they have already distinguished themselves from the competition with their selection of binary options. This is an excellent place to start if you want to leave your office job and boost your net worth through trading.

9 Responses
  1. I have been trading with them for about 4 months and have already received a good profit, I advise everyone!

  2. I have been working with them for a long time. I will not say that this is the best broker or type of that. It is possible and even necessary to work, at least everything is open and works honestly.

  3. This broker has a good reputation. I met many satisfied traders on various forums, reviews are positive everywhere.

  4. I have been working with them for 3 years and I cannot but thank them for their services. The company is reliable and has proven its level of service.

  5. Not a bad company, there are no questions about the platform and service.

  6. The broker satisfies most of the parameters and I am not going to change it.

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