In this review, We will tell you about the Pocket Option platform. Are We really worth investing money there? Let's find out together in the next section.
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| Pocket Option website |
What is the Pocket Option platform?
Pocket Option is an online broker for Binary Options and Forex trading. On the Pocket Option platform, you will get access to more than 100 assets via the web platform, mobile app, or MetaTrader 5 software.
Facts About Company
Pocket Option is managed by Gembell Limited company located in the Marshall Islands with the address Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro. Its registration number is 86967. This company exists since 2017 and has its popularity increasing. You can trade Options Binary on modern platforms with a very high return on investment up to 95%+. Apart from that, many special features make the broker unique.
Regulation and security: Is Pocket Option a scam or not?
For online investing not only Pocket Option, but it is also essential to use a regulated broker. This means that it shows trust and security. According to Pocket Option, the broker is regulated by the IFMRRC (Center for Regulation of International Financial Market Relations). It is an independent regulator that accepts online brokerage companies. To get a certificate the company has to meet different criteria.
You need to know that FMRRC regulations are not the same as those of a country, for example, CySEC in Cyprus or ASIC in Australia. Pocket Option working on higher law today. The Pocket Option platform is very secure and has different security tools for your account such as 2-factor authentication and an SSL certificate. The platform uses only secure payment methods and gets access to funds at any time. So overall, Pocket Option is a safe company but it needs to get the highest regulatory authority right now.
Offers for merchants
On the Pocket Option platform, you will get access to currencies, cryptocurrencies, commodities, and stocks on the platform. Binary Options are financial products offered to trade with high yields of up to 95%. When this is compared to other brokers, it is a return on investment that is very high in this particular niche. Moreover, you can trade 24/7 on the platform. Cryptocurrencies and OTC charts are available 24 hours per day.
Short-term and long-term traders will be comfortable with asset offerings and expiration times. Because we can trade with time different experiences from 1 minute to 4 hours or more days.
As a new trader, you can use a free demo account with a balance of $10,000. This is a practice account with virtual money and is perfect for testing the platform. This is an unlimited and free account. Real money trading is available with a small deposit of $5 and a minimum investment amount is 1$ per trade.
More interestingly, Pocket Option not only offers trading options but also offers forex trading via the MetaTrader 5 software. This software is implemented into a web platform that you can download for free. You can also get a free bonus of up to 100% if you agree to increase your deposit and account balance.
The final conclusion of the Pocket Option trading platform
The Pocket Option platform is one of the best trading platforms on the internet. Furthermore, the broker supports the famous MetaTrader 5. This is very functional and you get access to a wide variety of tools and functions. There are free indicators for analysis, charting can be done directly professionally, and you can use signals or social trading.
The Pocket Option platform is available for any device and we give it a very good rating. You will see that there is more advantage than in other trading platforms.
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How to open a Pocket Option trading account
- Register your account on the form provided
- Use your email address and create a secure password
- Confirm your email address and phone number
- Complete your account details
- Upload the required documents
- Start trading
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