Pros
  • Low Minimum Deposit of $50
  • Minimum Trade of only $1
  • Free Demo Account
  • Social Trading
  • Deposit in Bitcoin & Ethereum
  • Regulated by IFMRRC
  • Cons
  • Not Regulated by CySEC or FCA
  • Last Updated on February 21, 2021

    Pocket Option Review 2021

    INFO
    • Broker/Platform Name Pocket Option
    • Founded 2017
    • Headquarters Gembell Limited ( Marschall Islands)
    • Support Support desk (tickets), General Chat (community) and Phone
    • Trading Platform Propietary
    • Min. Deposit $50
    • Min. Trade Size $1
    • Max. Payout ** 95%
    • Free Demo Account YES - Open Free Demo
    • Number Of Assets +100
    • US Traders YES
    Homepage of PocketOption (screenshot)

    Overview: What is PocketOption?

    Pocket Option is a seamlessly integrated platform designed for beginners and seasoned traders to achieve their financial goals. The brokerage firm owner is Gem Bell Limited made an unremarkable entry into the world of binary options. They allow traders to make quick trades while earning higher payouts compared to any other binary options brokers. It was established in 2017. Since then, it made a splash in the trading market. The international financial market relations regulation center regulates this platform, assuring fast and safe withdrawals.

    Pocket OptionTrading Platform

    Platform of Pocket Option (screenshot)

    The website is very concise, intuitive, and user-friendly. Trades can use the desktop, mobile, or tablet to trade without any disturbance from pocket Option and without any additional software. Trading has become more convenient in mobile devices, keeping this in mind Pocket Option is also following the same trend. Also, it offers to live and demo account versions as well.

    The company has propelled forward, allowing its clients to trade through mobile devices. The download method is straightforward. From the website, switch to google play and the app store, download the android application. This mobile version can be viewed by portrait and landscape modes due to its excellent design. It also keeps all the versions and features that a desktop can access at their websites.

    CFD/Forex Trading features

    Pocket Option recently introduced the classic CFD/Forex Trading features to their clients. Now all the previous and current clients of Pocket Option can trade thru Forex and CFDs.They can use the MetaTrader 5 software as a web version inside the Forex, and CFDs Metafour and Five are the most popular and convenient trading software. At present, they are also providing the new traders’ access to free Metatrader 5 for trading purposes. This opportunity is only for those who will open a free demo account with PocketOption broker.

    Binary Options

    Binary options are the simplest way of trading options, as it does not need any additional software to access from the desktop. They do not use the binary options as they became banned in the trading platform. They were exposed as fraudulent by the regulators, since then it is not in use. Binary options are high-risk investment options. 

    Assets to Trade

    There are 100 greatest assets to trade in Pocket Option, which gives a foolproof profit-making opportunity. Contrary to other brokerage firms, it accommodates plenty of international investors in this trading platform.

    Trade Bitcoins

    Pocket Option gives an enormous collection of deposits and trading facilities with cryptocurrencies and Bitcoins. Trading becomes simple as Bitcoins act as a global currency, and international clients prefer to use Bitcoins at Pocket Option. Even verification is not required in Bitcoins currencies. 

    At present, there is a steep increase in the prices of Bitcoins, and traders are more attracted to trade in Bitcoins to make more profits. Besides, it works 24/7 making trading possible throughout the day. Due to its global nature and frequent price movements, traders get handsome capital in trading through Bitcoins Currencies.

    Payouts

    The binary options have created its reputation due to its high payouts, where 50% profit is the minimum, and 128% is the maximum in this platform. For high and low predictions, 60-100% return is fixed for any client of PocketOption. It is to be noted that the percentage varies on the size of the assets traded and other factors. The 100 greatest assets availability gives plenty of trading opportunities with a chance of 100% profit-making. 

    Bonuses and Promotions

    PocketOption bonus (screenshot)

    With a minimum deposit of $50, they offer a 50% bonus at the starting point when you open a live account with this platform. However, the bonuses increase with the increase of the deposit that you make after opening the account. It is to be aware of all the clients that you cannot withdraw the bonus before you start trading. After participating in an extent, Pocket Option allows the trader to withdraw the bonuses. This is a standard practice to protect the platform from hackers and all fraudsters. This bonus benefits all traders, so keep in mind to use it before it expires.

    Types of Account and Minimum Deposits

    They offer up to 7 types of accounts depending on your minimum balance.

    Once you decide to land on this platform, you need to know more about the broker and spend time thinking about which account is suitable for you. The research can help you decide to be cautious by attempting a demo session with these binary options. It is good to know that the company gives you two simple choices- practice through a demo account or straight away invest in the real trading market.

    You can open a live account with a minimum deposit of $50, and you can begin trading with these binary options. After opening the account, you can experience 100 diverse trading instruments, for instance, stocks, indices, commodities, and currencies. For our privileged clients, the PocketOption offers a host of other accounts like cashback, Indicators, signals, social trading, etc. 

    Demo Account at Pocket Option

    Not all brokers give this opportunity to access a demo account to understand and build a trading strategy. Without registering, you can access the account at PocketOption with virtual money within minutes. It has a much more intuitive approach. You can start trading with virtual funds of $10,000 with a straightforward click. This is an advantage for beginners before committing with real capital. Moreover, with such virtual funds, you can gain handsome capital with helpful experience. 

    Deposits and Withdrawal Methods

    Once you land on their website, you will know the whole procedure of deposits and withdrawals. There are numerous options to deposit funds like credit cards, debit cards, e-wallets, and even cryptocurrencies, including Bitcoins and other recognized currencies. Also, different payment methods are accepted by them.

    As we discussed earlier, the minimum deposit is $50, and the minimum withdrawal amount is $10. The Pocket Option interface does not take any commissions for withdrawals or deposits compared to other brokers. You can withdraw $10 to see what you withdraw goes to the bank account or the card for a valid transaction.

    Customer Support

    They provide 24/7 active and services to the customer. Customers do not face any trouble with their support as all their contact information is provided on their websites. Customers can easily find their contact information with emails addresses and other beneficiary information on their contact page. They also remain active on social media platforms like Facebook, Twitter, Instagram, etc. A contact form is provided for general queries if any customer does not get time to reach out to them. Open the page and start trading efficiently and confidently.

    Summary

    The Pocket Option interface creates an intuitive platform for their customers to gain more winnings with an initial deposit of $50. They offer a bonus point to give plenty of opportunities to make fast trades and to earn high-end payouts in return. Before committing to real funds, you can access a demo account that is easy and convenient. Easy to register, and the deposits and withdrawals methods are trustworthy and straightforward. Thus, for binary options trading, PocketOption is reliable and responsible for trading at present.

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    US Binary Options
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    James is based in London ( United Kingdom )
    He has been a professional trader for over 5 years.
    Currently, he works as forex analyst for different investment companies, and also the main author at USBinaryOptions.com
    James S. Martin
    Latest posts by James S. Martin (see all)
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