Pocket Option Review 2024 (Expert Review)
Pocket Option Review Summary
Pocket Option is an online brokerage company that offers binary options trading. A high-speed online brokerage, Pocket Option offers a wide variety of trading options. The company offers different underlying assets, different types of trading contracts. The company provides tools and data for hedging your stock portfolio, and its customer-oriented approach makes it easy to use. Pocket Option offers Internet-based stock option searching capabilities. The company is part of the larger Power Financial Group, which provides stock option trading services.
Pocket Option review
Pocket Option Platform Features
๐บ๏ธ Country of regulation | IFMRRC |
๐ฐ Trading fees | No |
๐ฐ Inactivity fee | No |
๐ฐ Withdrawal fee | No |
๐ฐ Minimum deposit | $50 |
๐ Time to open a Pocket Option account | 1-3 Days. *A Pocket Option demo account can be opened in a few minutes, but live Pocket Option trading account creation times will vary depending on how long it takes to process your Pocket Option KYC documents. |
๐ณ Wire Transfer | No |
๐ Depositing with electronic wallet | No |
๐ฑ Number of base currencies supported | 1 |
๐ฎ Demo account provided | No |
๐๏ธ Financial Instruments offered | Forex, Majors, Indices, Energies, Metals, Agriculturals, |
Pocket Option review
Pocket Option Financial Regulation
Pocket Option is regulated by IFMRRC.
Pocket Option review
Pocket Option Pros And Cons
Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Pocket Option include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Pocket Option can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.
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Pocket Option Advantages
One of the main advantages of using Pocket Option is around the clock service and support as well as research offerings. Not only this, but Pocket Option has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Pocket Option with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Pocket Option makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Pocket Option offers stock quotes and trade information, making it easy for users to view how their investments are doing.
- Pocket Option has been in business over 10 years.
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Pocket Option Disadvantages
Although Pocket Option has a lot of good points Pocket Option does not offer the below.
- Pocket Option does not offer Stock Trading (See Pocket Option alternatives who offer Stock Trading here)
- Pocket Option does not offer Cryptocurrency Trading (See Pocket Option alternatives who offer Cryptocurrency Trading here)
- Pocket Option does not offer PayPal as a payment method (See Pocket Option alternatives who offer PayPal as a payment method here)
- Pocket Option does not offer Neteller as a payment method (See Pocket Option alternatives who Neteller as a payment method here)
- Pocket Option does not offer Skrill as a payment method (See Pocket Option alternatives who offer Skrill as a payment method here)
- Pocket Option does not offer Islamic Accounts (See Pocket Option alternatives who offer Islamic Accounts here)
- Pocket Option does not offer ECN trading (See Pocket Option alternatives who offer ECN trading here)
- Pocket Option does not offer Bitcoin Trading (See Pocket Option alternatives who offer Bitcoin trading here)
- Pocket Option does not offer the MetaTrader 4 platform (See Pocket Option alternatives who offer the MetaTrader 4 platform here)
- Pocket Option does not offer the MetaTrader 5 platform (See Pocket Option alternatives who offer the MetaTrader 5 platform here)
- Pocket Option does not offer the cTrader platform (See Pocket Option alternatives who offer the cTrader platform here)
- Pocket Option does not offer a Apple Mac desktop trading platform (See Pocket Option alternatives who offer an Apple Mac desktop trading platform here)
- Pocket Option does not offer Spread Betting (See Pocket Option alternatives who offer Spread Betting here)
- Pocket Option does not offer Hedging (See Pocket Option alternatives who offer Hedging here)
- Pocket Option does not offer Scalping (See Pocket Option alternatives who offer Scalping here)
- Pocket Option has inactivity fees (See Pocket Option alternatives who do not have inactivity fees here)
Risk Warning: Your capital is at risk.
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Things to understand when trading with Pocket Option
Trading with Pocket Option involves risk. You should only risk capital with Pocket Option that you can afford to lose. Understand your risk tolerance with Pocket Option, and have a trading strategy that Pocket Option is able to help you execute. Pocket Option is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments Pocket Option give you access too.
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Pocket Option Trading Fees
Trading fees on Pocket Option are taken in the form of the spreads Pocket Option offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on Pocket Option. Pocket Option fees vary depending on the financial instruments traded and can include, Pocket Option overnight funding fees, spreads, margins and Pocket Option inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Pocket Option account charged by your 3rd party payment provider if your Pocket Option base currency is different from your Pocket Option withdrawal method.
Name | Pocket Option | IC Markets | Roboforex |
Account Fees | No | No | |
Withdrawal Fees | No | No | Yes |
Deposit Fees | No | ||
Inactivity Fee | No | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Pocket Option review
Pocket Option Financial Instrument Fees
Pocket Option fees for Forex, Majors, Indices, Energies, Metals, Agriculturals, are listed below.
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Pocket Option Stock Trading Fees
The majority of Pocket Option trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A Pocket Option stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.
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Pocket Option Forex Fees
Commission on Pocket Option Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for Pocket Option Forex fees is based on their trade size. To calculate Pocket Option Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.
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Pocket Option Cryptocurrency Fees
Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. Pocket Option cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. Pocket Option cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).
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Pocket Option Non Trading Fees
Pocket Option non-trading fees include a variety of Pocket Option brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the Pocket Option trading platform. The most common non-trading fees include Pocket Option withdrawal fees, Pocket Option deposit fees and Pocket Option inactivity fees.
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Pocket Option Deposit Fees
Pocket Option does charge deposit fees in some cases. When funding your Pocket Option account there may be some Pocket Option deposit fees which will vary depending on the payment method you use to deposit to your live Pocket Option trading account.
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Pocket Option Inactivity Fees
Pocket Option does charge clients an inactivity fees for dormant Pocket Option trading accounts. A Pocket Option inactivity fee is a sum charged on Pocket Option brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.
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Pocket Option Withdrawal Fees
Pocket Option does not charge withdrawal fees. Withdrawals fees vary between Pocket Option and Pocket Option alternatives depending on where you are located and how much money you are withdrawing.
Pocket Option review
Pocket Option Account Fees
Pocket Option does not charge account fees. Account fees charged differ between Pocket Option and other brokers. An account is a fee that Pocket Option and other brokers assesses on all accounts for the ability to keep an account on their platform.
Pocket Option review
Pocket Option Account Opening
The Pocket Option account registration process is simple, user-friendly, and quick. Within 1-3 Days most Pocket Option trading accounts are ready for live trades. Our Pocket Option account was validated in 1 day, but live Pocket Option trading account verification times will vary depending on the time it takes to process your KYC documents and Pocket Option trading account application. A Pocket Option demo account can be opened in a few minutes.
Pocket Option trading accounts are available in over 194 countries. Pocket Option is restricted in the following countries.
Apart from the restricted countries a Pocket Option trading account can be opened globally.
The Pocket Option trading platform is available for residents in US. Some financial instruments Pocket Option offer may be restricted in your country.
- Fast Pocket Option account opening.
- Pocket Option accounts can be opened and KYC can be verified digitally.
- Pocket Option minimum deposit is $50 USD / GBP / EURO.
- Pocket Option trading account verification may be held up for longer than a day if there is an issue with verifying your account.
Pocket Option review
Pocket Option Deposit And Withdrawal
Pocket Option Account Base Currencies
A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.
GBP, USD, EURO are supported by Pocket Option as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.
Pocket Option offers the following account GBP, USD, EURO.
When trading make sure your Pocket Option trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Pocket Option has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.
Name | Pocket Option | IC Markets | Roboforex |
Number Of Currencies | Yes | 10 | 4 |
Base Currencies | USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD | USD, EUR, XAU | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Pocket Option review
Pocket Option Deposit Fees and Deposit Methods
Investors can log in to their Pocket Option trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Pocket Option trading accounts from an existing bank account or send the funds through a wire transfer or online check.
Pocket Option Deposit Fees
Making a deposit on your Pocket Option account is free.
Pocket Option Deposit Methods
There are several methods through which you can deposit money into your Pocket Option account. One can use a credit or debit card and Pocket Option accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Pocket Option account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Pocket Option account. Funding methods for Pocket Option include .
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Pocket Option Withdrawal Fees and Withdrawal Methods
You can withdraw cash from your Pocket Option brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Pocket Option positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Pocket Option account.
Name | Pocket Option | IC Markets | Roboforex |
Funding Methods | Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking, | Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer, | |
Withdrawal Fee | No | No | Yes |
Deposit Fee | Varies | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Pocket Option Fees When Withdrawing Your Account Balance
Pocket Option do not charge withdrawal fees. Some withdrawal fees are out of the control of Pocket Option and may be due to 3rd party payment providers and your account base currency.
Pocket Option Withdrawal Methods
Log into your Pocket Option trading account, which is connected to your bank account. Go to the section that says โfundsโ or โaccountsโ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Pocket Option account to your bank account. To withdraw money from your Pocket Option account you can use credit or debit cards. Pocket Option processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Pocket Option processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.
Pocket Option review
Pocket Option Trading Platforms
As there are a number of tradable financial instruments available on the Pocket Option trading platform. Before investing in the Pocket Option platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Pocket Option platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. Pocket Option offer support.
If you struggle with technology, you need to consider the level of support on Pocket Option is available. Another thing to consider is your financial goals. Make sure that a Pocket Option account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.
There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Pocket Option account. Ensure that Pocket Option allows you to focus on the type of trading that you want to focus on.
Make sure Pocket Option is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Pocket Option, think about how easy it is to use for your personal needs. Does the Pocket Option platform offer real-time updates or delayed updates that are more informed? Remember to check if Pocket Option is well regulated, and what tradeable financial instruments Pocket Option has. Security is very important when it comes to trading with Pocket Option.
Pocket Option Web Trading Platform
A Pocket Option web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through Pocket Option which acts as a financial intermediary. Pocket Option is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.
Mobile Trading Platform
Both Android and iOS devices are supported by the Pocket Option mobile trading platform.
Pocket Option Apple IOS Trading Platform
A Pocket Option iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.
Pocket Option Google Play Android Trading Platform
A Pocket Option Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.
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Pocket Option Mobile Trading User Experience
Pocket Option mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Pocket Option mobile trading refers to trading using a mobile phone.
Leading brokerages like Pocket Option offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Pocket Option portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Pocket Option. Once you have download the Pocket Option trading app, you are ready to begin.
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Pocket Option Desktop Computer Trading Platform
A Pocket Option computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Pocket Option desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Pocket Option desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.
Pocket Option PC Trading Platform
One needs a computer with high performing hardware if their plan is to be a full time trader using Pocket Option. A trading computer with access to a Pocket Option PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.
Pocket Option Apple Mac Trading Platform
Apple Macs and MacBooks can easily handle the most important requirements when using the Pocket Option trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Pocket Option trading platform is very user friendly on a Mac device.
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Pocket Option Trading Look And Feel
The Pocket Option user interface (UI) is what Pocket Option traders will see and interact with first when trading with the Pocket Option trading platform. The Pocket Option is well designed. The goal of the Pocket Option trading UI is to make the Pocket Option user's experience intuitive. The Pocket Option application has good user experience and a good level of customer satisfaction.
Pocket Option Security
Pocket Option is a secure trading platform. Pocket Option offers traders security via 2 factor authentication, SSL encription when trading with Pocket Option. Pocket Option trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Pocket Option. Rate limitation on Pocket Option suspicious account activities is another layer of protection that is provided for Pocket Option trading accounts, for example multiple failed login attempts with Pocket Option. You have the option to further safeguard your account by using Pocket Option Two-Factor Authentication (2FA), which provides an extra layer of security.
The Pocket Option trading infrastructure is constantly watched and guarded by a trained team at Pocket Option In addition, Pocket Option never send sensitive information without first encrypting on the Pocket Option trading platform using transport layer security (TLS) and SSL.
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Placing A Buy Or Sell Order On Pocket Option
Available Pocket Option order types. # market, limit, stop, stop limit, Good until end of day / canceled.
Pocket Option Market Order
A Pocket Option market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Pocket Option market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Pocket Option market orders are popular as they are a fast and reliable method of either entering or exiting a trade.
Pocket Option Limit Order
A Pocket Option limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.
Pocket Option Stop Order
A Pocket Option stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.
Pocket Option Stop Limit Order
A Pocket Option stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Pocket Option stop-limit order triggers a limit order when a stock price hits the stop level. A Pocket Option stop-limit order can be helpful when trading if you are unable to watch your trades all day.
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Pocket Option Alerts And Notifications
Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.
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Pocket Option Trading Platform Features
Online trading platforms like Pocket Option are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Pocket Option. The Pocket Option trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Pocket Option.
Pocket Option Margin Trading
Pocket Option margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Pocket Option margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.
Pocket Option Auto Trading
Pocket Option auto trading is a trading strategy where buy and sell orders are automatically placed based on an underlying Pocket Option system or programme and actioned by set criteria set by the Pocket Option trader. These Pocket Option orders are placed when the trade conditions in the underlying Pocket Option system or program are met. It is a method of participating in financial markets by using Pocket Option, which executes a pre-defined set of rules for both entering and exiting trades on Pocket Option. If you are a Pocket Option trader, you are able to use detailed Pocket Option technical analysis with the setting of parameters for Pocket Option one's positions. This includes orders to open Pocket Option, trailing stops, and guaranteed stops.
Pocket Option Social Trading
Pocket Option social trading is a form of social trading that enables Pocket Option traders or investors to copy and execute the strategies of their peers or more experienced traders on the Pocket Option platform. Social trading on Pocket Option allows you to communicate with other Pocket Option investors in a Facebook-style social network manner. The main premise is that you are able to share and discuss potential Pocket Option investment opportunities with traders on the Pocket Option platform.
Pocket Option Copy Trading
Copy trading with Pocket Option allows users to copy trades executed by other Pocket Option investors in the financial markets. The goal of copy trading is for a Pocket Option trader to have the same positions as the Pocket Option investor they are copying. When copying another Pocket Option trader, you do not receive the plan of the traders Pocket Option strategy, but simply follow their trades they execute on Pocket Option. Pocket Option copy trading is one way to automate your investment strategy. Copy trading trades on Pocket Option must still be monitored and copy trading on Pocket Option still has risk of trading loss.
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Pocket Option Account Types
Pocket Option Demo Account
Pocket Option offers demo accounts that gives traders the ability to purchase and sell Pocket Option financial instruments in a practice environment, using fake Pocket Option digital money and live market conditions and data. When you practise on a Pocket Option demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Pocket Option platform. Pocket Option demo accounts allow you to experience and practice a variety of market charts, Pocket Option trading indicators, and trading strategies using Pocket Option.
Pocket Option Standard Account
Pocket Option offers a standard trading account, allowing Pocket Option traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Pocket Option trading platform.
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Pocket Option Tradable Financial Instruments
Pocket Option tradable financial instruments are the financial instruments that are specifically available to trade on the Pocket Option trading platform. This refers to the different types of financial markets you can trade with through Pocket Option. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Pocket Option.
Name | Pocket Option | IC Markets | Roboforex |
CFD Trading | Yes | Yes | |
Stock Markets | No | 2100 | 53 |
ETFs | No | ||
Fractional Shares | No | Yes | |
Cryptocurrencies | Yes | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
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Pocket Option Trading Stocks
Stock trading with Pocket Option is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with Pocket Option; if you possess the stock on Pocket Option, you own a piece of the corporation and may be entitled to voting rights where applicable.
Stock trading on Pocket Option involves purchasing and selling stocks and share using Pocket Option periodically in order to time trades against the stock markets, with the aim of using Pocket Option to profit from your stock trading. Pocket Option stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on Pocket Option. Stock traders on Pocket Option conduct significant study, frequently dedicating several hours every day to market monitoring using Pocket Option trading tools.
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Pocket Option Trading ETFs
What Are ETFs
Pocket Option does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.
What Are Fractional Shares
Pocket Option does not offer fractional share trading.
Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.
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Pocket Option Trading Cryptocurrencies
Pocket Option offers cryptocurrency trading.
Cryptocurrency trading can be conducted using Pocket Option to buy and sell the cryptocurrency financial instruments on Pocket Option. Cryptocurrency trading can also be done using a cryptocurency CFD Pocket Option trading account where allowed by financial regulators, to speculate on up or down price movements of a specific crypto asset using Pocket Option. A CFD is a high risk leveraged trade between the trader and the Pocket Option brokerage. No underlying assets are exchanged with a Pocket Option CFD contract, it is purely speculation on the crypto financial instruments price movements with Pocket Option. Pocket Option CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if Pocket Option CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.
The volatility of cryptocurrencies is the biggest source of risk when trading them with Pocket Option. They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with Pocket Option.
Cryptocurrency trading is not offered by Pocket Option, so you will need to find a Pocket Option alternative that allows you to buy and sell the underlying cryptocurrency assets. Pocket Option CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a Pocket Option alternative and make sure you undertand the risks fully before trading.
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Pocket Option Forex Trading
Forex trading with Pocket Option is a method through which to invest money which involves trading one currency for another in a Forex currency pair with Pocket Option. The main aim of Pocket Option Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with Pocket Option. As a Pocket Option Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like Pocket Option. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like Pocket Option. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on Pocket Option.
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Pocket Option Commodities Trading
Commodity trading is a type of trading available on Pocket Option where individuals or businesses buy and sell financial instruments using Pocket Option related to commodities, such as metals or oil.
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Pocket Option Options Trading
Pocket Option options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. Pocket Option option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.
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Pocket Option Futures Trading
Futures trading with Pocket Option is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using Pocket Option to facilitate the trade. A Pocket Option futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on Pocket Option. Typically, futures contracts are traded on an exchange such as Pocket Option; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling Pocket Option trader to the contract agrees to provide it.
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Pocket Option Bonds Trading
Bonds trading on Pocket Option is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the Pocket Option trader. Bonds can be bought and sold on Pocket Option after they are issued. While some bonds are traded publicly through Pocket Option, most trade over-the-counter between large broker-dealers like Pocket Option acting on their clients' or their own behalf. Yield is therefore based on the Pocket Option purchase price of the bond as well as the coupon.
Pocket Option CFD Trading
A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.
Name | Pocket Option | IC Markets | Roboforex |
Forex CFD | 61 | 35 | |
Index CFD | 25 | 30 | |
Stock CFD | 110 | 8400 | |
ETF CFD | 30 | 50 | |
Commodity CFD | 20 | 20 | |
Crypto CFD | Yes | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Pocket Option review
Pocket Option Trading Research Tools
Taking advantage of Pocket Option trading research tools which are designed to help traders analyse potential investments using the Pocket Option trading platform. Some Pocket Option research tools include charts, technical analysis, and Pocket Option trading indicators.
Pocket Option Trading News
Traders can follow the markets and make wise investment decisions on Pocket Option by using the news to help form a strategy when it comes to choosing investments. A Pocket Option news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.
Pocket Option Economic Calendar
An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Pocket Option economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.
Pocket Option Fundamental Data On Financial Instruments & Companies
Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Pocket Option fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.
Pocket Option Charting
Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Pocket Option are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.
Pocket Option portfolios
Trading portfolios are useful when trading with Pocket Option.
A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.
A Pocket Option trading portfolio is a traders collection of investments, which may include a variety of Pocket Option financial instruments.
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Pocket Option Payment Methods
A Pocket Option payment method is required to fund your Pocket Option trading account before placing a buy or sell order on a financial instrument.
When trading with Pocket Option, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Pocket Option do not have any control over.
Name | Pocket Option | IC Markets | Roboforex |
Payment Methods | ADVcash, Bitcoin Payments, Credit Card, Debit Card, Mastercard, Perfect Money, Visa, Wire Transfer | BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money | ADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
Pocket Option review
Pocket Option Withdrawl Methods
When trading with Pocket Option at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Pocket Option account balance. Pocket Option may have minimum withdrawal limits that you will need to check before withdrawing.
You may be charged a currency conversion fee by your withdrawal method if you withdraw your Pocket Option account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.
Pocket Option Withdrawals Times
The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Pocket Option account.
Withdrawal requests can take up to three business days to be processed by Pocket Option.
You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.
If you're having a withdrawal transferred to your digital wallet account, your Pocket Option should arrive in less than 24 hours.
Pocket Option review
Pocket Option Customer Support
Customer support represents the resources within the Pocket Option company that provides technical assistance to its customers after they use the Pocket Option service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.
Pocket Option offer customer support.
Pocket Option Email Support
Pocket Option offers email support.
Email support is a a convenient method of Pocket Option customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Pocket Option regarding your support request.
Pocket Option Livechat Support
Pocket Option offers livechat support.
Pocket Option live chat support is a way for customers to obtain help from Pocket Option through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.
Pocket Option Telephone Support
Pocket Option does not provide Pocket Option clients phone Support. If you need to contact Pocket Option use one of the alternative available Pocket Option contact methods.
Pocket Option does not offer telephone support.Pocket Option Average Support Response times
Contact Method | Average Response Time |
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We tested the customer service response times of Pocket Option on Monday, November 11, 2024.
Pocket Option review
Pocket Option Educational Resources
Pocket Option educational resources are used throughout the Pocket Option learning environment to help and assist with customer's development and learning of trading on Pocket Option. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Pocket Option trading tools. Educational resources like some of the resources available with Pocket Option are a good as part of a wider set of educational guides and information from else where online.
Some of the Pocket Option trading guides and information that we found useful included trading strategies videos, platform tutorials, market news, expert webinars.
Pocket Option Trading Platform Tutorials
Pocket Option offer a range of learning resources and tutorials and guides made available to registered Pocket Option users. The Pocket Option guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Pocket Option users on basic trading principles.
Pocket Option Trading Videos
Pocket Option offer a selection of online trading videos.
Trading videos on Pocket Option help new and even more experienced investors gain insights into Pocket Option technical analysis tools and how the different financial markets work when trading on Pocket Option.
Pocket Option trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some Pocket Option training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using Pocket Option to trade live financial markets.
Pocket Option Webinars
Pocket Option offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of Pocket Option clients who participate by asking questions, replying to polls, and using other interactive technologies available on the Pocket Option trading platform.
Pocket Option review
Pocket Option Financial Regulation When Trading
Financial regulations on Pocket Option protect consumers' investments. Regulations prevent financial fraud and limit the risks that Pocket Option as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Pocket Option financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.
Is Pocket Option Regulated?
Pocket Option is regulated by IFMRRC.
Pocket Option is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Pocket Option are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Pocket Option investors, directly with financial regulators in your country.
Pocket Option Regulatory Protection Limits
When registering with Pocket Option you must check with regulatory body your Pocket Option trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Pocket Option account is over seen by. Pocket Option client funds are stored in segregated 3rd party bank account in accordance with Pocket Option financial regulators.
Client country | Investor protection amount | Regulator |
---|---|---|
United Kingdom | ยฃ85,000 | Financial Conduct Authority (FCA) |
EU Investor Compensation Scheme | max โฌ50,000 | Directive of The European Parliament and European Commission |
Other countries | 90% of your funds, max โฌ20,000 | Bulgarian Financial Supervision Commission (FSC) |
Pocket Option Trading Signals
Pocket Option offers trading signals to Pocket Option clients.Pocket Option trading signals are triggers to buy or sell a security based on a pre-determined set of criteria. Traders can create trading signals using a plethora of criteria: from simple ones, such as earnings reports and volume surge, to more complex signals that are derived using existing signals. A Pocket Option trading signal is an alert to traders to either enter or exit a position. Trading signals are based on specific times and prices and can be identified through technical or fundamental analysis. It is up to the Pocket Option trader to then decide whether or not to act on the signal.
Make sure you understand the risks of trading signals.
How does Pocket Option make money?
Because Pocket Option acts as an intermediary, Pocket Option gets compensated on buy and sell transactions of financial instruments. As a result, Pocket Option profit is determined by the volume and number of transactions. Pocket Option earns revenue to fund their Pocket Option platforms and wide range of trading services through market spreads.
Can you buy shares on Pocket Option?
Pocket Option does not provide customers with real company shares trading.
Does Pocket Option offer Cryptocurrency?
Pocket Option does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.
Pocket Option Lower fees, lower costs?
Pocket Option have reasonable trading fees and costs. Pocket Option do not charge a deposit fee. Pocket Option may charge a withdrawal fee. Some withdrawal fees are out of the control of Pocket Option and may be due to 3rd party payment providers and your account base currency.
What about the minimum deposit?
Pocket Option minimum deposit is $50 USD / GBP / EUR.
How to start your Pocket Option account?
You can sign up for a live or demo Pocket Option trading account by visiting Pocket Option and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Pocket Option account here.
How's the Pocket Option trading app?
Pocket Option allow traders to trade financial markets on iOS, Android supported mobile devices.
You can tryout the Pocket Option trading app here. Your capital is at risk
Is the quality of Pocket Option customer service satisfactory?
Pocket Option have average customer support offering support through support options.
Is this broker good for new traders?
Pocket Option is a good trading platform for new traders as Pocket Option offer a good range of educational resources, good support options as well as a demo account.
How do you withdraw money from Pocket Option?
Pocket Option offer a good selection of withdrawal options. Once Pocket Option have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.
Best Pocket Option Alternatives Reviews
If Pocket Option isnt quite what you are looking for you can check out some of the best Pocket Option alternatives below.
- IC Markets Review (read our in depth 2024 review)
- Roboforex Review (read our in depth 2024 review)
- AvaTrade Review (read our in depth 2024 review)
Best Pocket Option Alternatives In Detail
If you would like to see Pocket Option compared agains some of the best Pocket Option alternatives available right now you can do so by clicking on the links below.
- IC Markets Alternatives (read our in depth 2024 Alternatives for IC Markets)
- Roboforex Alternatives (read our in depth 2024 Alternatives for Roboforex)
- AvaTrade Alternatives (read our in depth 2024 Alternatives for AvaTrade)