Gembell Limited, the company behind Pocket Option, entered the world of binary options trading in 2017 and has since made waves in the industry. A Marshall Islands-based regulatory agency, International Financial Market Relations Regulation Center (IFMRRC), oversees this broker.
Because of the high risks involved in binary options trading, Pocket Option often receives a bad reputation. Both new and experienced traders can easily create an account using the platform.
Pocket Option offers traders and investors worldwide more than 100 assets to trade along with a range of payment options. We will take a look at the types of accounts you can get, their assets, and other special features so that you can decide whether to be one of them.
The trader will not only find 100 assets to trade but also multiple payments and withdrawal options. For beginners, the sign-up and registration are easy, and they even have an option to first sign up for a demo account. A brief pocket option review is given below.
Types Of Trade
The pocket option provides its users with only one trade type. Unlike other binary options, the pocket option is the quickest and efficient. It works on a simple high/low principle. You have to do two things. Firstly, set a timer for yourself. Secondly, predict the asset price. It can be either high or low. It would be best if you did proper research about trading trends before you start trading.
Pocket Option Features
Following are some of the highly known features Pocket option provides to its users.
Unlike other binary options, the pocket option provides its users high payouts. The lowest payout for the right high/low prediction is 50 percent. The average payout is way higher than that. High profit is the reason why people are immediately investing according to pocket option review.
Promos and Bonuses
Promos and bonuses are an interesting part of trading in pocket option. According to pocket option review, users suggest new traders invest a huge amount at the start because there is a deposit bonus worth 50% of the first investment for beginners. You can withdraw your active and executed bonus on the 2nd investment, which is quite convenient, but there is a condition according to which you first have to start trading.
A demo account is a good option for beginners to understand trading. The demo account provides you a virtual amount of 10000$. This account helps understand trading trends for seasonal investors. It is easy to practice on a demo account than to register, invest, and trade using a live account without practice. The demo account is convenient to ditch, and you don’t have to invest a penny for that.
Pocket Option is an online platform and is suitable for both IOS and Android versions. The pocket option also has a mobile app for mobile trading, and it is much appreciated in pocket option review.
The pocket option has five categories for assets. It includes indices, forex, stock, cryptocurrency, and commodities. Its famous cryptocurrencies are Ethereum and Bitcoin.
Deposits And Withdrawal Methods
The minimum deposit that you can make is 50$. The minimum withdrawal is less than the minimum deposit. You can deposit and withdraw through the following methods.
- Debit Card
- Bitcoin Cash
It’s the first special feature, social trading. It helps you to analyze how other traders are working and their progress. A second amazing feature is tournaments by which you can compete against other traders, and if you win the tournament, you achieve fancy badges and a huge prize fund up to 50000$.
In Pocket Option, both experienced traders and novices can trade quickly and earn higher payouts compared to other brokers. Additionally, there are plenty of opportunities to increase your winnings beyond the initial 50 percent bonus.
A demo account is available before you commit to using their platform, so you can test it out before you commit. With Pocket Option, you have the same access to all its features wherever you are. For binary options trading, we recommend Pocket Option as a reliable, responsible, and reputable broker.