Pocket Option Review PocketOption.com a Reliable Broker

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Contents

Pocket Option Review

Pocket Option, owned by Gembell Limited, emerged in the world of binary options trading in 2020 and has since made a splash in the market. Based in the Marshall Islands, the International Financial Market Relations Regulation Center (IFMRRC) regulates this broker.

While binary options trading often gets a bad reputation because of the high risk involved, Pocket Option is one of the most reliable brokers in the industry. Creating an account is easy, and the platform works well for both new and experienced traders.

With over 100 assets available to trade and plenty of payment methods to accommodate international investors, Pocket Option ​offers trade opportunities to thousands of people worldwide. This Pocket Option review will help you decide whether you want to be one of them, as we go over the types of accounts you can get, their assets, and other special features on their platform.

​Web, Windows, iOS, Android,

​High/Low and Turbo

​Number of Assets:

​50+ Different Payment Methods

​50% Welcome Bonus

Table of Contents

Trade Types

As with their accounts, Pocket Option ​offers one trade type. However, the one they offer is the quickest way to get an impressive payout.

Pocket Option makes trading simple with high/low options, which is the most straightforward of all binary options trading types. All you have to do is set a time limit for yourself and predict whether the asset price at the end of the time will be higher or lower than it was when you started the clock.

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  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

High/low options make for a near-instantaneous payout, ideal for traders looking to make some quick money. If you’re unfamiliar with how binary options work, high/low options can help you develop your technique with short time limits. You can set your time at a minimum of 60 seconds. If you like to play the long game, you can set the expiry for up to four hours.

Payouts

Pocket Option is known in the binary options market for having high payouts. The lowest you can get is 50 percent, while their average is much higher. You can usually expect to get between an 80 and 100 percent payout for successful high/low predictions.

Pocket Option’s website states that you can get payouts up to 218 percent, which is practically unheard of. Even the leading binary options brokers usually only declare up to 200 percent maximum on payouts.

Keep in mind that high/low trading, in general, gives you higher payouts than most other types of binary options trading, like ladder/pair options. Making 60-second trades with high/low options can both introduce you to the Pocket Option platform and increase your account balance in minutes. However, it’s essential to be cautious with high/low options, as well, as too many unsuccessful trades can put you in the red fast.

Bonuses and Promos

When you open a live account with Pocket Option, they’ll give you a​ 50% deposit bonus on your starting investment. The more you deposit as your starting investment, the higher that 50 percent bonus will be.

The catch is that you can’t withdraw the bonus before you start trading. Since some investors might get the idea that they can sign up just to withdraw that bonus along with their initial investment, Pocket Option mandates that you need to participate in the trading market first. After you reach their specified level of trades, then you can withdraw the bonus.

Demo Account

​If you’re apprehensive about going all-in with ​a real account on Pocket Option, you can try their demo account. You don’t even have to register with them to use it. You can simply go to their website and click the Demo Account button to get $10,000 in virtual funds that you can use to trade.

Even if you’re a seasoned investor, it’s a good idea to try ​the demo before you commit real money. After all, if you decide you don’t like the platform, whether it’s too simple or less intuitive than you’d like, it’s a lot easier to ditch the ​practice account than it is to withdraw all your funds and close a live account.

On the other hand, if you’re new to binary options trading, the ​practice account will give you enough experience to understand whether you want to keep doing it. Plus, with Pocket Option’s user-friendly platform, you’ll find out quickly whether you can handle something more complicated or would prefer to keep things efficient and simple.

Mobile Trading

While Pocket Option’s main platform is on the web, they also have mobile and PC versions. The mobile app from ITTrendex, LLC is available for both Android and iOS, so no matter what kind of device you have, you can keep up with market news on the go.

The Pocket Option mobile apps have all the same features as the online platform. Because the platform is already so simple, it translates well to mobile trading. The process is the same with the high/low options, and the interface is quick to install and start-up. The app is free, so you don’t have to worry about any extra expenses for wanting to carry your investments with you, either.

The iOS app just requires iOS 11.0 or later, so you can use it on an iPad or iPod touch, too. If you have Android, you’ll need Android 4.4 or later. Pocket Option really does give you plenty of choices for how, when, and where you want to trade—even if you’d hoped for tiered accounts, you still have other areas you can tailor your experience.

Assets

With over 130 assets, Pocket Option has an astounding selection. Those assets are broken up over five categories:

As a newer broker, Pocket Option entered the binary options market with many of the most popular assets, including cryptocurrencies like Bitcoin and Ethereum. Other brokers have left these out of their asset lists, which excludes a broad demographic of tech-savvy traders.

On the Pocket Option website, you’ll find their trading schedule, which lists the assets currently being traded, as well as the payout percentage for each. The schedule also shows general and OTC assets and the work time for each.

Deposits and Withdrawals

Deposits and withdrawals are as simple as Pocket Option’s interface. Once you’ve registered on their website, verified your payment type, and provided valid identification, you can start with the minimum $50 deposit or higher.

To put funds into your account, you can use a variety of payment types, from credit cards to cryptocurrency. Pocket Option accepts almost any major form of payment, including:

  • VISA
  • Mastercard
  • Maestro
  • Debit Card
  • Bitcoin
  • Litecoin
  • Ethereum
  • Bitcoin Cash
  • Ripple
  • ZCash
  • Skrill
  • Neteller

While these are the most commonly used options—there are more. You’ll have no problem with depositing or withdrawing funds regardless of your preferred method.

Additionally, the withdrawal minimum is far lower than the deposit minimum. Instead of $50, you only have to withdraw $10 for a valid transaction. Unlike some brokers, they also don’t charge a commission or fee for these transactions. Whatever you withdraw is exactly what goes into your bank account or card.

Be careful of the currency conversions, though. Some banks charge a fee for those, so if you’re looking to make a hefty profit, make sure you’re aware of the additional charge outside of the Pocket Option platform.

Special Features

Pocket Option has tons of special features to enhance your trading experience. With a live account, you have access to features like:

Social Trading

​Social trading is one of the most useful features of Pocket Option, especially for new traders. It allows you to keep an eye on other investors’ trading habits and see which ones produce successful results. Once you find the most skilled traders, you can learn to emulate their trades for better odds on yours.

Tournaments

Pocket Options Tournaments allow you to compete against other traders for prizes. It’s not quite like social trading since the latter isn’t a competitive arrangement, but you’ll still get to see how you stack up against other traders.

In tournaments, you have the chance to earn prizes and achievements. Prizes vary, but some can land you up to $50,000 in your account that you can then use to trade.

Achievements

When you earn achievements through tournaments, they’re more than a fancy badge to show off your trading skill. Achievements can be just as useful as that $50,000 in prize funds. Plus, you get trading advantages.

You can get a payout percentage bonus, trading funds, and other perks that allow you to enhance your trading experience and increase your odds at making a profit.

​Indicators and Signals

​As you watch the market, Pocket Option shows you when it turns and when prices increase or decrease. Signals and indicators keep you up to date on when you’ll get the most out of a potential trade.

Customer Support

You won’t have any trouble connecting with Pocket Option’s customer support since all their contact information is easy to find on their website. They provide 24/7 customer service, and their phone number, email, and address are all available on their contact page.

You can also find them on various social media platforms, including Instagram, Facebook, Twitter, and others. They even have a live chat system on their website, so all you have to do is open it and get started.

If you have a general question but no time to chat, you can fill out the contact form on their website, and they’ll get back to you later.

To get in touch with them via phone, email, or at their physical address, use this information:

When you’re thinking of trying a new binary options broker, you want to make sure they have enough features to give you the best trading experience you can get. What does Pocket Option have that sets it apart from the rest?

  • Over 130 assets to trade
  • Instant deposits and 24-hour withdrawal processing
  • Social trading, tournaments, and achievements
  • 50 percent deposit bonus with your initial investment
  • $1 minimum trades
  • Demo account with no sign-up commitment
  • Available in 22 languages
  • Accepts traders from the US
  • Regulated and reliable

Despite its appeal with tons of assets and special features, Pocket Option isn’t without its problems. Let’s look at what might hold you back from trading with them.

  • Only one type of account to trade with
  • High/Low is the only trade type
  • Simple trading platform
  • Not licensed by the Cyprus Securities and Exchange Commission (CySEC)

​Final Thoughts

Pocket Option’s intuitive platform allows both seasoned and beginner traders to make fast trades while earning higher payouts than most other brokers. They offer bonuses beyond the initial 50 percent, which means you have plenty of opportunities to increase your winnings.

Registering with them is easy, and you can even test out the platform with a demo account before you commit to it. No matter where you use Pocket Option, you’ll have the same access to all their features. We feel comfortable recommending Pocket Option as a reputable, reliable, and responsible broker for your binary options trading.

pocket option Reviews

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Reviews 40

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Pocket Option Review – is it scam or safe?

Pocket Option is a binary options broker, offering bets on a variety of assets – form forex pairs and crypto coins to precious metals and oil. This, however, is an unregulated, offshore broker, so if you are planing to bet with them be sure to read this review first.

Account type Min. deposit Max. leverage Spread s
Standard Account $50 n/a n/a

Pocket Option Advantages:

Good variety of betting instruments

As we already mentioned Pocket Option offers a really good choice of trading instruments – over 30 forex pairs, with some exotic currencies like Russian Ruble, Singapore Dollar, Polish Zloty, Turkish Lira and South African Rand.

Other assets include spot metals like silver and gold, oil, plenty of stocks and a number of crypto coins including Ripple, Stellar, Vertcoin, Santiment, Viacoin, Zcash, Litecoin, NEM, NEO, Bitcoin Cash, EOS, Ethereum Classic, GameCredits, Monero, Ethereum, Bitcoin and Ardor. Still, here you may want to check our list of brokers, offering Bitcoin CFDs:

Lack of regulation

Pocket Option is owned by Gembell Limited – a company based on the Marshall Islands, but operated by Tifiya Group s.r.o., which is said to represent Gembell Limited in EU.

Here we should note that sine early July the European Securities and Markets Authority (ESMA) banned all binary options bets in the European Union, so basically all Pocket Option operations in EU are illegal.

Also, although Pocket Option says they are regulated by the International Financial Market Relations Regulation Center (IFMRRC), we should note that IFMRRC is not an official regulatory body such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC), but just an anonymous website, lacking credibility whatsoever. Besides, our research shows that the people behind IFMRRC are Russian and their business is to accommodate unregulated, offshore brokers.

As proper regulation is the single most important factor for the safety of any investment on the retail forex market (including binary options bets), we strongly advise all potential traders to deal with properly regulated brokers only.

Regulated brokers are obliged to follow strict financial and ethical rules, among which to file regular reports to their supervisory institution, to allow external audits, to maintain a certain minimum capital adequacy ratio and to keep all clients money in a segregated, protected form creditors account. Some regulators like FCA in the UK and CySEC in Cyprus even require brokers to participate in client compensations schemes.

Thus, traders with FCA brokers can receive back up to 50 000 GBP of their trading capital in the event their broker files for bankruptcy, while traders with CySEC brokers are entitled to a compensation of up to 20 000 EUR. Besides, here you may check our list of FCA regulated brokers:

Pocket Option is an unregulated, offshore, binary options broker and to us that sound like a recipe for a scam. As we already noted, our best advise is to invest with properly regulated brokers only.

Pocket Option Review

Introduction

Established in 2020 and registered in the Marshall Islands, it’s fair to say that Pocket Option is new to the already crowded, binary options market. However, being regulated by the IFMRRC and having an easy to access, high-quality site and trading platform, make Pocket Option a refreshing and innovative broker. With arguably the best demo account available today and lots of other excellent account features, it’s a thumbs up for Pocket Option.

The availability of over 100 top assets for trading gives you plenty of profit-making opportunities. Their site and platform is clear and user-friendly, so if you’re new to trading, it’s a real advantage. The demo account is the easiest to access we’ve ever seen, in fact, it’s one click and you’re trading with $10,000 of virtual cash. Minimum trades start at just $1, and the minimum deposit requirement is $50, so they are certainly making themselves accessible to all levels of trader.

If you aren’t sure that this broker is for you and you want some help to decide, keep reading this in-depth Pocket Option review. However, we’re confident that PocketOption is a popular choice and this is backed up by their impressive figures. We found that on average, they have over 8000 worldwide traders online at any given time.

In this review, you will learn:

    How you can practice on their demo platform The trade, deposit and withdrawal limits/levels All the features of trading with their platform

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Account Types

Often, when you register with a broker, you need to read through lots of information and spend time discovering what account is right for you. The research can involve deciding whether to be cautious with a basic introductory account or whether to invest more to get more of the benefits from the broker.

With Pocket Option, it’s simple. You have two choices, practice or trade real money. You can open a demo account and trade with virtual funds or open a live account. Having one real account option keeps things on a level playing field, and you can trade with confidence knowing everybody has the same privileges.

Demo Account

Not all brokers offer a binary options demo account and most won’t allow you access without you having to register. You’ll be expected to give them sign up information and deposit funds within a live account. Pocket Option has a much more relaxed approach; it’s just one click, and you can begin trading with virtual funds.

You are taken straight to the platform where you can start trading immediately with $10,000 of virtual money. The demo account will enable you to get to grips with the trading platform and its inner workings within minutes. This is an advantage for experienced traders as all platforms vary. For beginners, it’s the perfect opportunity to find out if trading is for you before you commit any real funds. With $10,000 of virtual funds, you’ll have more than enough capital to gain some helpful experience.

Live Account

For those who want to go straight to the live binary options trading platform, with as little as $50, you can open a live account. You may decide to try the demo account first and then upgrade to a live account. However, no matter how experienced you are; it is a good idea to use the demo account to get used to the new platform.

Once you open a live account, you can begin trading with as little as $1 on over 100 diverse trading instruments which include stocks, indices, commodities and currencies. You’ll also have access to a whole host of other account benefits like Tournaments, Cashback, Indicators and Signals, Social Trading, Achievements and a comprehensive Educational Help Section.

Trade Types And Payouts

While there is only one type of binary options trade type available to use with Pocket Option, there is a choice of expiry times starting at 60 seconds. The site is designed to simplify the trading process for you, whether you are new to trading or just new to this broker. This ease of use makes the experience more straightforward and user-friendly, enabling you to focus on important things like actual trading. Investors can trade a whole range of assets from stocks, commodities, indices and currencies, including cryptocurrencies.

High/Low Trades

Often referred to by other names, the high/low options are just as the name suggests. You either bid that the price will end higher or lower then the cost of the asset when you entered the trade. Now some people prefer to trade on commodities like gold or oil while others prefer to trade on currencies, stocks or indices. It is a good idea to choose an asset that you feel comfortable with and that you have researched to get an idea of how it will perform.

Predicting the price of short term options like 60 seconds is an excellent strategy for beginners. You can expect instant results which can help you understand the markets better and make profit faster. While these fast-paced trades can increase your account balance incredibly quickly, the opposite is entirely possible.

You will also see the high/low option called call/put or above/below, but they all mean the same thing. Longer-term binary options are advisable for those with a little more experience as they can be quite sensitive to market news and external factors causing fluctuations.

Pocket Option offers excellent payout levels too, up to 128%. As you’d expect this varies based on the asset traded, the size of the trade and other factors. The minimum payout is 50%, so you know that your successful trades will pay anywhere between 50% and 128%. We estimate most trades can expect to payout somewhere between 60% and 100%, which is very competitive and makes Pocket Option a fair broker.

We love the ease of use and no-frills approach in a sometimes complicated market.

Bonuses And Promotions

If you decide to open an account and trade with PocketOption and deposit the minimum requirement of $50, then you will be eligible for a deposit bonus of 50%. Regardless of how much you deposit, they will put in another 50% of on top of your total deposit. This deposit bonus benefits all traders; however, those with more substantial sums of trading capital can cash in.

You must be aware though that you can’t withdraw the bonuses straight away; it needs to have been traded a certain number of times first. This is standard practice and is in place to protect the brokers from fake sign ups that have the sole purpose of withdrawing the bonus immediately. At the time of writing this Pocket Option support does say that this 50% bonus is a limited offer, so be sure to take advantage of it before it ends.

Mobile Trading

The website is very user-friendly whatever device you are on. Things are kept concise and intuitive, making navigation simple. There is just one page before you are on the trading platform, whether that be the demo or the live real money version. The mobile website platform performs well and can be used in both portrait and landscape viewing modes. After using the trading platform for a few minutes, you realise the software implementation is excellent. This is primarily due to both excellent design and the fact the mobile app keeps all of the features that the desktop version has.

For those that prefer to use the dedicated app, there are iOS, Android and Windows versions available. It couldn’t be easier to download the software and start trading on the move whichever device you are using. We tested all 3 mobile apps and found them all stable, well designed, feature-rich and as user-friendly as the web-based versions.

Deposits And Withdrawals

Everything you need to know about deposits and withdrawals is available when you land on the website. You will see that there are numerous ways in which you can deposit using a debit card or credit card, e-wallets (Skrill and Neteller) and even cryptocurrency. Bitcoin and other recognised currencies are all accepted. In fact, they accept over 100 different payment methods.

The minimum deposit, as we have already discussed, is just $50, and the minimum withdrawal amount is just $10. Pocket Option also does not take a commission on deposits or withdrawals, which is not always the case with brokers. It is still good to be mindful to consider any transaction or currency conversion fees that may be charged by your provider or bank as these can eat into your profit.

Special Features

One of Pocket Option’s standout features is the ability to use social trading. Social trading is a system where you can monitor other traders successful trades and then copy and mirror them. This social trading economy makes trading much more accessible for beginners to get started before you attempt to make your own decisions.

Other prominent features include Tournaments, Achievements and more. Tournaments give the competitive trader the perfect opportunity to pitch themselves against others and test their skills. Of course, if you’re successful you can expect to win some fantastic prizes, we’ve seen prize funds of over $50,000. One thing to note; Pocket Option does not currently offer Forex trading of current pairs.

Achievements allow you to gain not only accolades for your trading success but also trading advantages too. These include a variety of perks from percentage bonuses to free trading capital. All in all PocketOption offer a well thought out package of exclusive features ensuring you won’t be disappointed.

Customer Support

Customer support is readily available on the website. You will have the choice of emailing different departments, calling a free phone number or starting a live chat. You can also send a message directly through a contact form.

We found that our questions were answered quickly and correctly during our tests, via all avenues of contact. There are also visible social media links so you know that you can publicly get hold of them on Facebook, Twitter and other popular social networks if you need to.

Here are the contact details for Pocket Option:

    Email – [email protected] Phone – +44 0800 088 5535 Address – Gembell Limited, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands

Conclusion

Pocket Option offers some excellent features to both new and existing traders. Coupled with their low minimum deposit and trading fees, it’s an excellent start and they come highly recommended. This is improved further with the ability to achieve payouts of up to an enormous 128%. Ok, so the figures are good but do they deliver in the other vital areas?

We found the platform well laid-out and intuitive across all versions of the apps or web-based portals. Support is easy to contact and we received quick answers to our queries. While CySEC does not license this broker, they do have a certificate from the IMFRRC, they also have great feedback online and tick all of the boxes of a well managed broker.

In summary, we are happy to recommend Pocket Option as a binary options broker due to their simple account layout and the level playing field it offers binary options traders. Combined with a well put together trading experience from every angle makes them a solid choice for both the new or experienced users.

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain from referring new customers.

Frequently Asked Questions

Is Pocket Option legit, will they scam me?

They do have a certificate from the IMFRRC and lots of great feedback from traders. Their site uses a secure payment system for those who may be worried about giving their financial details.

Do they have a decent mobile or tablet app?

Yes, they do. Pocket Option offers an app for download on both Android and iOS and their mobile website is easy to use as well. So you can trade on the move with ease.

What bonus do they offer new traders?

Pocket Option offer a 50% welcome bonus – merely make your deposit and receive a 50% boost. The bonus is being provided as a limited offer though, and we do not know when this will be changed or if it will be removed.

Can I start trading on a free demo account?

Yes, this is a powerful feature of Pocket Option. As soon as you land on the site, you are encouraged to use the demo platform in one click. Just click and trade.

What’s the minimum deposit and trade amount?

The minimum deposit that is required to open a live account is $50, which is very low when compared with most brokers. You can trade on the live platform for as little as $1 per trade.

Shelly is proud of her current position as Head of Brand for a well-known organisation that owns several brokerages in the trading sector. She’s consulted for us since 2020 and readers can benefit from her insider knowledge of how brokers work.

Pocket Option

Broker Name: Pocket Option
Platform: BO, Bitcoin
Founded: 2020
Bonus: 100%
Return/Refund: 75-96%/ 0-10%
No. Of Assets: 85
Regulated: IFMRRC
Demo Account: No
Minimum Deposit: 50
US Traders: Not Accepted

Pocket Option Review

Pocket Option is an online broker with a relatively short time in business, that offers instant access to trade options on more than 150 assets, including currencies, cryptocurrencies and company shares. It is owned and operated by Gembell Limited, a company registered at Trust Company Complex, the Republic of the Marshall Islands with registration number 86967. Gembell Limited is regulated by the International Financial Market Relations Regulation Center (IFMRRC) with license number TSRF RU 0395 AA Vv0124. It must be noted that the IFMRRC is not an official financial authority like the CySEC in Cyprus or the FCA in the United Kingdom and instead it’s an independent organization.

Editor’s Note: Why Does Pocket Option Suck In 50 Words

According to them, they offer the Best Online Trading Platform and the most convenient online trading interface. Yea, we’ve heard it all before and although the platform does offer high payouts, I don’t think it’s really the best or the most convenient. On top of all that, their regulatory body is not the “fiercest” and for sure not as strong as CySEC, FCA or ASIC.

Why Pocket Option Doesn’t Suck In 50 Words

According to their Terms and Conditions (section 6.1), the client is not entitled to ask the Company for trading advice and the Company is under an obligation not to provide any advice to the client. I think it’s the first time I see something like that in the T&Cs of a binary options broker, but I like it very much because this means that you will trade, not the brokerage. This is how it should be with all brokers.

Is Pocket Option A Scam?

The broker is relatively new but so far there are no obvious red flags or scam suspicions. They are not regulated by a well known financial watchdog, but I will take their regulation (IFMRRC) any day instead of no regulation at all. I see they are transparent, which is always a good thing but on the other hand, they don’t offer information about the exact launch date (which is probably sometime in 2020) and their website contains some mixed information about the minimum sums for withdrawal and deposit. However, that alone doesn’t make them a scam.

Should I Open An Account With Pocket Option?

This broker has a few very interesting advantages among which I can mention huge payouts of 96% and a huge number of cryptocurrencies: more than 30. It’s true that Bitcoin and Altcoins are making their way onto the platforms of most Binary Options and CFD brokers these days, but I’ve never seen so many on one platform. What’s even better is that payouts for cryptos are up to 89%, which is way above the average in the industry (some brokers offer payouts ranging from 20% to 50%).

The trading platform is provided by ITTrendex and I must admit it’s the first time I’ve seen it but if it offers so many cryptos, with such high payouts, I hope I see more of it. Of course, that depends on the brokerage as well (they decide the range of assets and payouts), but at least we know that the platform is capable of supporting a large number of assets.

The education material is composed of several strategies, a platform guide, and video tutorials. It’s not the most extensive material I’ve seen but at least the strategies are actual strategies, with rules, pictures and clear steps you need to take before entering the market, which is more than I can say about other brokers.

So, in conclusion, Pocket Option is a brokerage with very high payouts, low deposit and withdrawal requirements but they are not regulated by a governmental authority and this keeps me from recommending them wholeheartedly. Also, I must mention that I’ve used a Demo account for this review and I cannot guarantee that the payouts will remain this high on a real account.

Pocket Option Complaints

There are quite a few complaints online about this broker, including claims of price manipulation, failed withdrawals and accusations of scam; you can even find unhappy PocketOption clients even in our Comments section below this review. However, we cannot vouch for the truthfulness any of them so bottom line is: use caution.

Pocket Option Bonus

Using the promo code “easystart100” you will get a 100% bonus for a minimum deposit of $50 – in this case the required turnover is 50 times the deposited amount (invested amount can be withdrawn but the bonus will be cancelled). In case you don’t use the code given above, the bonus varies from 20% to max 50%; however, you will need a huge deposit of $10,000 to benefit from the 50% bonus. Client’s funds can be withdrawn before the turnover is reached but said turnover is not specified for this type of bonus.

Pocket Option Withdrawal

The minimum withdrawal is very low, at 10 USD and can be made via a huge choice of methods – more than 20, including cards, wires, e-wallets and crypto. The processing time is 3 business days.

Pocket Option Extra

The payouts are huge (96%) and this broker offers more than 30 crypto currencies with a very high return of 80% (or even 89% in some cases). If these numbers hold up in real market conditions, Pocket Option will surely see an influx of new clients.

Pocket Option Ratings

User Friendliness 16/20

The website is translated into 15 languages but it is not the friendliest I’ve seen because sometimes information is hard to find, albeit if you know where to look, you’ll find it eventually. Demo accounts are available, as well as mobile versions for Android and iOS. US clients are accepted!

Number Of Assets And Expiry Times 15/20

Pocket Option offers 29 currency pairs, 4 commodities, 25 stocks and more than 30 cryptocurrencies, among which the popular Bitcoin but also Litecoin, Ethereum, Dash and many more. However, the expiry times are very limited, with the only one being 30 seconds. However, you can set the time until purchase up to 30 minutes in the future. So you choose when to buy the option (max 30 min in the future) and once it’s activated, it will expire in 30 seconds. Pretty weird!

Commissions, Support And Effective Return 15/20

There are no commissions to open an account or to trade. Support was very fast to join the chat and my questions were answered in a timely manner. The effective return is up to 96% for all assets apart from cryptos, which have up to 80% return (even up to 89% in some limited cases). I am not sure if these numbers are available on a real account and on a regular basis, but if they are, it’s almost amazing.

Deposit, Payment And Bonus 16/20

Deposits (minimum $50) and withdrawals (minimum $10) can be made using 20 or more methods, including of course credit cards, wire transfer and tons of e-wallets. Pocket Option doesn’t charge a fee but your bank/payment processor probably will. The bonus is 100% for a minimum 50 USD deposit using promo code “easystart100″. In this case, the turnover is 50 times. Without using the code, the bonus ranges from 20% to 50%. The bonus can be cancelled.

Website Extras 15/20

They have the widest list of cryptocurrencies and highest payouts I’ve seen so far. Other extras include cash back, risk-free trades, bonuses to balance and bonuses on deposit, tournaments, social trading and copy trading. These are some positive extras but again, the numbers seem too big compared to the rest of brokers, so I am not sure what’s going on.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Broker!
    Perfect for beginners!
    Free Demo Account! Free Trading Education!

  • Binomo
    Binomo

    Only for experienced traders!

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