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
PocketOption is One of the best binary platforms, many ways to replenish and conclusions. There is litsuha, adequate support, I personally like everything.
I’ve got some issues with the trading terminal, I’ve contacted Pocket Option support and they helped me to resolve the issue within a few minutes.
I’m just in shock. The first binary that brought me profit. I already thought that this was all a scam. It turns out there are normal brokers.
I learned to trade on this platform, because I was supported by PO at all questions that arose. And on the platform itself everything is very well written, even for beginners.
i’ve been trading at the pocket option for two month and it was quite not bad as brought $ 500, and brought the minimum deposit of $ 50. I will deposit more next time
I am a gambling person and i like MMOs, so i find the Pocket Option one of the best binary options trading platform for me.
It has a lot of bonuses, achievements, and also a tournament.
Previously, i received my withdrawals from Pocket Option within 2 days, but now, they making it faster, usually it takes 24 hours to receive a withdrawal.
A friend of mine recommended me pocketoption, i had a problems with verification of my account, but after a few replies from support desk, verification procedure was clear for me.
Using pocket option and haven’t faced any issues that wasn’t resolved.
Hello.
Literally the best binary trading platform, pocketoption allows me to use any convenient deposit option without any issue.
I came from another broker. Judging strictly on the impressions and differences from the other brokers Pocket Option is more interesting trading platform, better percentage and bonus program. I work only with trusted brokers with a license. Pocket Option license has been issued by the IFMRRC, a serious international company. They do not give out their licenses to any kitchen or scam brokers, so this is an indicator of reliability. Withdrawals can be managed within a few hours, sometimes there is a delay of a couple of days. I have already withdrawn more than has entered. I trade not at random, but using my own strategy based on binary options. In general, the work of the broker is satisfied, the support is adequate.
Received a no deposit bonus and reached the required turnover, i thought that i can use this funds for trading, but when a tried to withdraw the bonus and the revenue, only the no deposit bonus amount was available, thank god, I don’t get a lot of profit. After conversation with pocket option support desk, I was informed that it is not possible to use the bonus amount for trading right after the turnover is reached, you have to withdraw this funds, and top-up my account again to start the live trading.
It is not very convenient, but I have received this funds for nothing, so it is fair.
Great robust platform, well ended with both solid features (MT5, OTC etc) and small details that put a smile on my face such as crystals and chests with useful bonuses. It even has a small RPG like level up system, fun!
Using Iq option, High Low and Pocket Option as trading platforms, Pocket Option is one of my favorite because it is convenient and don’t have any tricks in its terms.
I’ve been trading with this broker for about 2 years. I’ve withdrawn way more money than I’ve deposited. I often contact their support with some questions, they are super nice and helpful. I can’t say anything bad about this broker.
I made a deposit from Neteller to PocketOption and made some trades, i wish to make a withdrawal to Advcash, but this option wasn’t available. Looks like the withdrawal option availability depends on what deposit method you have used.
Just received my first money from Pocket Option, i made a 100 out of 50.