Pocket Option launched services in the electronic contracts market in 2017 and became one of the most popular in 2019.
The brand Pocket Option is owned by a large corporation Gembell Limited. The trading terminal was developed by ITTrendex, an expert developer of platforms for binary options.
Pocket Option official website
Welcome to the website https://pocketoption.com. The slogan of the platform is “Trading made easy!” No wonder, that the Pocket Option website has an intuitive design and offers comprehensive information for traders. There are sections on the trading terms, accounts, promotions, tournament registration. Traders can also download a terminal for a PC or smartphone, and much more.
How to register an account
In order to register a new trading account, you need to click on the «Registration» button in the upper right part of the official website. Then, in the window that opens, enter your E-mail and come up with a password. You can also use the quick registration via Facebook or Google+.
You will receive email a confirmation link to your account. Click on it and log in your personal account to enter additional information and pass verification.
Terms of trade
To start trading with Pocket Option, you just need to add only $ 10 to your account. The minimum contract amount is $ 1. At the same time, more than 100 assets are available, including cryptocurrencies, and the yield on some of them reaches 96%.
You can test your skills and evaluate the broker’s trading platform with an unlimited demo account. Beginners can get free training, and professional traders will appreciate the wide range of analytical tools.
Terminal
The Pocket Option trading platform is in many ways superior to its competitors. It is on the same level or better than professional terminal MT5 (by the way, you can registrar there as well).
You will find a wide range of traditional and innovative indicators such as SMA, Bollinger Bands, RSI, Parabolic SAR and Stochastic, Vortex, Awesome and Williams% R.
In addition to indicators, the Pocket Option terminal offers technical analysis tools: trend lines, horizontal levels, channels, as well as a Fibonacci grid. Traders can choose almost any timeframe for trading, from 5 seconds to daily.
Traders can analyze the selected asset here on any type of chart. To buy a contract, trader just need to enter the transaction amount, specify the expiration date and click the “Higher” or “Lower” button on the right panel. At the same time, if you are new to binary options trading, then you can always use free signals or “Social Trading”.
Customer support
Pocket Option broker customer support service works 24/7. You can ask a question to a support employee in one of the most convenient ways for you: phone call, chat or e-mail.
Based on the numerous reviews of the company’s clients, we can conclude that the Pocket Option support service responds promptly to requests and resolves issues that have arisen as soon as possible.
Deposit / withdrawal of funds
One of the advantages is that there is no limit on replenishing or withdrawing funds from your account. The broker supports transactions not only using bank cards, but also almost all e-wallets popular for your region.
The applications are reviewed without delay, in accordance with the established regulations. The Pocket Option does not charge any additional commissions. There is also an option of cashback.
Pros and cons of a broker
Let us open the cards and discuss the following advantages and disadvantages of Pocket Option:
Advantages:
- Favorable trading conditions.
- Multifunctional terminal.
- Timely deposit / withdrawal of funds without commission.
- Operational work of the support service.
- Licensed from FMRRC.
Disadvantages:
- No access to FOREX trading.
Summing up, we can say that Pocket Option deservedly occupies a leading position in the binary options market. Favorable conditions, reliability and a multifunctional terminal make the broker an excellent choice for traders who are serious about making a stable profit from trading electronic contracts.