- I started working with Pocket Options by chance. Once I stumbled upon its website, I found that access to the web platform is free. So, I decided to test it. The terminal is convenient: it has a lot of indicators, including oscillators. There are also tools for graphical analysis, from simple horizontal lines up to the possibility of imposing Fibonacci levels on the chart. Trading was going well. But then I decided to withdraw the profit, and the problems began. I was asked to scan copies of documents — although I uploaded them before the account replenishment. Okay, I’ve uploaded the papers again. It took over a week to verify the information and then another week to replenish the deposit.
- The Pocketoption.com broker imposes too many strange things. Here are some crystals, promotional codes, achievements, and points for experience — just like in some games. You have to fight for each bonus as it is impossible to withdraw them easily. The Pocket Option support service is problematic. Sometimes I waited for an answer for several days, and sometimes I did not get it. I consider this company not serious, but perhaps novice traders will be interested in it.
- I haven’t been on Pocket Option.com for long, only about three months. I like their terminal, and everything seems to be done pretty nicely. Quotes are not drawn; the platform works without freezing. Video tutorials and trading webinars are absent. I haven’t withdrawn cash yet, because, for now, I’m working with a deficit, not with a profit. But, perhaps, it’s not the broker’s fault but my lack of experience and knowledge. I need to trade a while longer to understand whether this broker fits me or not.
Exhaustive Analysis of Pocket Option
Pocket Option provides its customers with easy-to-understand binary options trading terms and facilitates Forex trading. You may trade common and unusual currency pairings, commodities, cryptocurrencies, and stocks of American and European corporations. The broker also provides its unique platform, a user-friendly interface that permits trading without learning the terminal’s capabilities in depth. The firm offers binary options with expiration dates ranging from one minute to four hours.
A few numbers that may be of interest to traders when selecting a broker:
- Approximately 100 trading products.
- 92% is the maximum amount payable;
- Seven actual trading accounts for clients of varying skill and financial means.
Pocket Option- Binary Options Broker For Beginners And Experts
The broker’s payout size for binary options relies on the selected trading asset. The interest rate for currency pairings is from 32% to 91%, while the rate for commodities is 36%, and the rate for cryptocurrencies ranges from 10% to 40%. The interest payments for OTC are as follows: 79-92% for currencies, 96% for commodities, and 17-92% for stocks. A trading account allows you to concurrently maintain any number of open trading transactions for every accessible expiration date of the specified asset class. Under normal market conditions, the interaction duration is 0 to 4 seconds.
Clients utilise Pocket Option’s proprietary technology as a terminal accessible in PC, mobile, and online versions. The broker offers the well-known MetaTrader 5 platform for Forex trading. A broker allows the creation of only one trading profile.
Commission and Costs
Our experts investigated Pocket Option’s trading conditions to determine if there were any hidden commissions. There are no hidden transaction costs. Deposits to a trading account are costless.
Only Perfect Money will impose a fee (0.5 percent) for withdrawals, but the bank that handles the transfer may also charge a fee. Leaves done using credit cards or other electronic payment methods are free. Without altering settings or contacting support, they automatically generate swap-free accounts for all their customers.
Pocket Option Promo Codes
Currently, Pocket Option provides its users with only one promotional voucher. The 50Start promotional code, available on their website, provides users with a 50% bonus on their initial deposit. The promotional code is only valid for those who have never made a deposit.
In addition, you will have access to additional discounts and coupons during specified months. Therefore, you must continue to look for promo codes for pocket option.
Although the core Pocket Option trading platform is web-based, PC and mobile trading are also available. The app is compatible with iOS and Android, making it simple to remain current on market news. Pocket Options offers MetaTrader 4 (MT4) and MetaTrader 5 iOS and Android apps (MT5).
Because the trading platform is very simple and mobile-friendly, all online platform features are available via the Pocket Option mobile application.
The application is available at no cost, and the installation and launch processes are expedient. The iOS application is compatible with iPads and iPods running iOS 11.0 or later. Version 4.4 or later is necessary if you are using Android.