Just coming across my radar today, Pocket Option is a brand-new binary options broker promising instant access to more than 100 assets. The creators of this brokerage believe that the market is asking for their services, because of their ability to provide education, demo account trading, progressive partnership terms, instant deposits and withdrawals.
Owned and operated by Gembell Limited, the broker is registered at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960 with the registration number 86967. In order to get in touch with support, traders can either email support@pocketoption.com, phone 0-800-088-5535, or utilize the live chat feature on their website. I’ll be honest, I had to do a Google search just to find out where the Marshall Islands were located, it was quite interesting to see. I recommend that you do the same.
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Pocket Option Review
It’s difficult to enter the binary options market, considering there have been so many brokers inhabiting this marketplace for quite some time. That being said, Pocket Option feels that there is room for them, as a more simple and convenient way to trade. Their approach is to reach out to beginners, and traders that want to spend time in a virtual platform before spending real money trading.
In order to accomplish this, the broker provides a free demo account, 50+ payment methods, a minimum investment of just $50, and a minimum bet amounts of just one dollar. Where many brokers in the binary options market require anywhere between $250-$500 to sign up, that is certainly not the case here. I also appreciate the one dollar minimum bet amount, because this will allow for traders to test their strategies and binary options signal services, in a live environment with very little risk.
This is certainly the most positive aspect that I can take from this new broker. The platform itself, and many of the other aspects are not detailed enough, but with a free demo account, it would be easy to give this a shot without taking any risk. I’m not sure if this will creep into my top rated brokers, as I’ve been having quite a bit of success with Binary Cent, and Race Option recently.
Details
- Type: Options Broker
- Founded: 2017
- Location: Majuro
- Platform: Web-based, Mobile
- Minimum Trade: $1
- Minimum Deposit: $50
Much like the last broker I reviewed, Stern Options, Pocket Option does not have different account options. Instead of holding back certain aspects of this service until you deposit a larger amount, traders all get access to the same payouts, support levels and education center. It’s good to see that the binary options brokers in this community are going in this direction. It was always annoying, signing up for broker and then being told that I don’t have access to one thing or another because I wasn’t a gold or VIP member.
It does seem that binary options brokers are getting away from this type of marketing, and I commend that.
Start In One Click
One of the aspects, that I appreciate the most about the Pocket Option broker, is this option they have at the top of their website labeled start in one click. If you click on this button, you will immediately be taken to a binary options demo account where you can analyze their platform and start placing trades within minutes. As far as I’m concerned, this is a great way of introducing new clients to binary options trading without them having to fill out a registration form or deposit funds.
Here you can see all of the expiry times, asset lists, and different payouts that are available for each. I do feel that this is the type of element that every binary options broker should be providing to the community. This type of unprecedented access is important in terms of introducing new clients to the marketplace, without the experience coming across as daunting.
Client Feedback
As of right now, the best way to see client feedback on Pocket Option is to go to the Google play app store. There we can see that the application is currently getting a rating of 4.3 stars, with a spattering of both positive and negative reviews. The 3 most recent reviews are all negative, but none of them seem to make any real point of distinction.
The reviews seem to be complaints about the application itself, but there doesn’t seem to be any negativity about the broker, which is all I really care about.
2020 Review Update
Pocket Option is currently our top rated broker in 2020. Many other brokerages have fallen off, but this group has continued to grow and make the right strides towards success.
This is now our top recommendation, due to platform updates, reliability and the fact that they are regulated.
Look no further.
Conclusion
If you are looking for a quick way to make some demo trades, then Pocket Option is the solution for you. I’m now a member of the service, and I am very happy with the relationship. Also, I have quite a few brokers on the go right now, so I really have to be blown away in order to open up another account.
Please let me know what you think about this review, and leave your comments and questions about the broker below.
Pocket Option Deposit
Overall
4.1- Deposit Options(4)
- Ease of Use(5)
- Platform(4)
- Feedback(3.5)
- Support(4)
Pros
Great client feedback
One click trading options
$50 minimum investment
100+ assets for trading
Cons
Support response times are average at best
Previously, everything was great with both input and output. And this year, especially the last month, something long conclusions have become. I thought it was because of the platform, I contacted support. They began to look. It turns out that the bank began to freeze my conclusions. The regulator announced some new conditions for banks in the Russian Federation, now they must check the data more carefully. Apparently because of the foreign influence of foreign agents .. something like that.
I like that PocketOption has the ability to trade cryptocurrency. Cryptocurrency is the future, you need to be able to trade it in order to keep up with the trend.
really in Pocket the profit is withdrawn!
Guys! really in Pocket the profit is withdrawn! Just got 200 bucks with a penny of profit! Respect! I like it so.
A normal company
A normal company, I checked it, entered 1000, withdrew 1500 in two weeks, 1000 is still on the deposit for trading. Not blocked yet, but I’m already in profit. I trade further and see what happens next.
I am very pleased with trading with Pocket. Helpful and knowledgeable staff. I would not hesitate to recommend this broker to newbies and more experienced traders who are in dire need of a reliable and professional broker.
I trade actively on the PocketOption platform. At first I didn’t like the platform, but look what, now. The platform has changed, and does not build on the spot, but continues to develop, absorbing the latest developments. Look for example – Instant price fixing, or Withdrawal of funds in the evening in 15 minutes, like mine.
Respect PocketOption
Convenient platform, pleases the availability of technical analysis and demo accounts. On the demo, I usually test new strategies in order to trade with lower risks. There were no problems with the withdrawal.
I tried PocketOption and liked it. Today the card has already received the first profit of 200 bucks.
I’ve been trading at PocketOption for quite some time. I started with a minimum. At first he made his own predictions, sometimes successful, sometimes not, then he began to read analysts, things went uphill. PocketOption is very good, I recommend it for those who want to start making money in binary options.
Yes, at the moment PocketOption has taken the lead. Most companies are banned in the Russian-speaking segment, apparently not without reason. and PocketOption works by offering good trading conditions. and besides, she has a license.
I will only say one thing. Can you make money with PocketOption? Definitely yes. But we must bear in mind. It’s not fast. You have to think, have your own strategy and understand the intricacies of the foreign exchange market.
Binary options in Italy and Europe have been prohibited, so being in European territory I can not operate with binary options, so useless that I open an account with PocketOption. Thank you
At the first conclusion, it was difficult to pass the verification. At first I did not understand anything. Then I turned to support, where I got help. I immediately received my money for kiwi.
They also gave a bonus! I will replenish soon and will trade