Pocket Option was established in 2017 and presently belongs to and operates under the control of Gembell Limited. It has acquired a solid reputation for being one of the most dependable traders on the market in the binary trading industry. Its strength is built on flexibility; it offers more than 100 assets accessible to both novice and experienced traders.
In addition, individuals who utilize it for business may use numerous payment options that benefit foreign investors from different areas of the globe. To decide whether you’re the appropriate broker, you need to know more. We have thus produced this detailed evaluation of the Pocket Option on what this trading platform for binary options provides. It may assist you to determine if this platform can be used for trading.
Types of Trades
Pocket Option provides one kind of business, even though it is one of the finest for rapidly earning lucrative payments. High/low options are easy since all the trader has to do is forecast the results of a transaction that you have done properly over a specified period. If, at the stop-time, you anticipated that an asset would trade at a lower price that averages 80 to 100 percent for each high/low forecast. The shortest possible prediction time for traders who like to take their time is 60 seconds and up to four hours.
Free Demo Account
Pocket Option offers a demo account for individuals who are reluctant to lose their money in a real account. The main advantage of this function is that you don’t even have to sign up to access the sample account. All you need to do is browse your website and click the demo account option. The administrator will provide $10,000 in virtual money to make high/low forecasts. Note that both experienced and inexperienced traders profit from the demo account.
Bonuses and Rewards
You get a 50 percent deposit bonus on the first amount invested when you create a live account. This deposit is designed to encourage new traders to make large deposits when they register. Recall that the lowest amount you may make for each transaction in the first deposit is $50 and $1. This implies you’ll receive $75 to start trading once you’ve deposited the minimum amount. However, you cannot withdraw your bonus until you have performed a certain amount of transactions utilizing the system. The requirement deters users who plan to mislead the system with their initial deposit and withdrawal of the bonus supplied.
At a time when more people prefer to utilize mobile apps for desktop programs, most consumers want to know if an application they use on the web is accessible on their mobile devices. Pocket Options offer a web platform and extra mobile applications for iOS and Android smartphones. This may assist individuals who want to trade while on the move.
Deposits and Withdraws
Pocket Option offers a simple UI that makes depositing and withdrawing money easy. Deposit is accepted from over 50 payment ways including major payment methods like Mastercard, Visa, Bitcoin, Litecoin, Netteler, and debit cards. You may withdraw the minimal amount in a single transaction at $10. Note that for these transactions this broker does not charge a commission which allows it to compete against other suppliers in the same area.
Excellent Customer Support
Customer support is always accessible on the internet. A prospective trader may email several departments, start a live chat or contact the given toll-free telephone number. You may also use the contact form to immediately send a message.
The response time is swift and the customer service staff can meet the needs of its customers. The site also has social media connections to Twitter, Facebook, and other major social networks.