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Pocket Option Review

2024-01-20Brokers

Table of Contents

  1. 📊 Analysis & Ratings
  2. 🤔 What Is Pocket Option?
  3. 🚀 Why Choose Pocket Option?
  4. 🛡 Regulation
  5. 🔐 Signup & Login
  6. 🎮 Demo Account
  7. 💻 Trading Platforms
  8. ⚡ Pocket Option Multipliers
  9. 📱 Mobile Application
  10. 💳 Deposit & Withdrawal
  11. ⚖ Is It Worthy To Trade?
  12. ✅ Pros & Cons

Analysis & Ratings

CategoryRating
⭐ Overall Rating4.8/5
🛠 Features⭐⭐⭐⭐⭐ (5/5)
💻 Platform⭐⭐⭐⭐⭐ (5/5)
🖥 Desktop Experience⭐⭐⭐⭐⭐ (5/5)
📚 Education⭐⭐⭐⭐ (4/5)
📱 Mobile Experience⭐⭐⭐⭐⭐ (5/5)
💸 Withdrawal⭐⭐⭐⭐⭐ (5/5)
🎧 Customer Support⭐⭐⭐⭐ (4/5)
🤝 Trust⭐⭐⭐⭐⭐ (5/5)

What Is Pocket Option?

Pocket Option is a dynamic binary options broker founded in 2017. It is famous for its "Social Trading" feature and massive variety of bonus programs, tournaments, and achievements. It caters to a global audience and offers one of the most feature-rich platforms in the market.

Why Choose Pocket Option?

Pocket Option makes trading fun and social.

  • Social Trading: Copy the best traders automatically.
  • Gamification: Earn gems, achievements, and rewards for trading.
  • Huge Asset List: Trade over 100 assets including stocks, crypto, and forex.
  • Tournaments: Compete with other traders for prize pools.

Regulation

Pocket Option is regulated by the MWA (Mwali International Services Authority) with license number T2023322. This regulation ensures they operate within legal frameworks and maintains a level of security for trader funds.

Signup & Login

Registration is extremely simple:

  1. Register: Enter email and password. Also supports Facebook/Google signup.
  2. Bonus: Often offers a 50% welcome bonus on first deposit.
  3. Verification: ID and address verification required to withdraw funds and unlock full limits.

Demo Account

A $10,000 refillable demo account is available.

  • One-Click Switch: Toggle between Live and Demo accounts instantly.
  • Safe environment: Test the social trading features without risk.
  • No Expiry: The demo account does not expire.

Trading Platforms

Pocket Option offers a versatile web platform.

  • Indicators: Huge library of indicators and oscillators.
  • Chart Types: Professional grade charting (Heiken Ashi, Candles, etc.).
  • Social Sidebar: See who is winning and copy them instantly.

Pocket Option Multipliers

Pocket Option primarily offers binary options with fixed payouts. However, on MT5 Forex accounts (which they also support), they offer leverage up to 1:1000, allowing for significant multipliers on major currency pairs.

Mobile Application

Their app is robust and highly rated.

  • Compatibility: iOS and Android.
  • Features: Includes signals, social trading, and support.
  • Performance: Stable and fast, designed for one-handed trading.

Deposit & Withdrawal

Pocket Option offers the widest range of payment methods.

  • Minimum Deposit: $50 (but minimum trade is only $1).
  • Methods: 50+ methods including Cards, Crypto, E-wallets (Jeton, Perfect Money, WebMoney).
  • Withdrawal: Fast processing, usually within a few hours to 1 business day.

Is It Worthy To Trade?

Yes. Pocket Option is a "feature-packed" broker. If you enjoy a platform with tournaments, bonuses, and social interaction, this is the best choice. It turns trading into an engaging experience.

Pros & Cons

✅ Pros❌ Cons
Social Trading & Copy TradingSupport can be slow sometimes
Massive Asset Selection$50 Min Deposit (Higher than others)
Accepts US ClientsInterface might be busy for some
Tournaments & Bonuses