Pocket Option is a legally registered binary options broker located in Mwali, regulated by the Mwali International Services Authority (MISA).
The company is also a member of the IFMRRC, a non-commercial dispute resolution organisation.
Pocket Option accepts clients from all over the world, excluding some countries where restrictions apply.
Binary options broker offers the following underlying assets for trading.
30+ Currency Pairs | Based on major world currencies. |
4 Crypto BOs | Based on Bitcoin, Ethereum, Litecoin, EOS. |
2 Metal BOs | Based on Gold and Silver. |
2 Energy BOs | Based on Crude Oil (WTI, Brent). |
20+ Stock BOs | Based on shares of US companies. |
Pocket Option is an unregulated offshore-based binary options & forex broker with its registered office located in Mwali (Comoros Union). The company is registered with a private organization known as the International Financial Market Relations Regulation Center (IFMRRC), but it is important to note that this does not make the broker regulated by the IFMRRC in any way. As always, it is highly recommended for everyone to do their own due diligence before depositing money with any offshore brokers, or with any brokers for that matter.
In terms of underlying assets available for binary options trading, Pocket Option has most traders covered with its selection of 30+ forex pairs, a handful of popular cryptocurrency pairs, gold, silver, and oil. In addition, the broker also offers single stocks from a number of US-listed companies, as well as a range of currency pairs for traditional forex trading.
An interesting thing to note is also that the broker offers variable leverage for those who prefer to trade forex in the traditional way, with available leverage ranging from 1:1 all the way up to 1:1,000. Unfortunately, the minimum amount of capital necessary to trade forex in the traditional way with Pocket Option remains quite high at USD 1,000, or the equivalent in another currency.
As far as the trading experience is concerned, Pocket Option's clients will have access to a nice and user friendly platform for trading binary options. The platform is easy enough to use even for beginners, while still giving access to many advanced technical indicators, five different chart types, and time frames ranging from 5 seconds to 1 day. The platform also has certain “social trading” features that lets users interact with each other as they trade. All account actions, such as deposits and withdrawals, can also conveniently be performed from within the platform.
In addition to this in-house web platform, however, Pocket Option also offers traditional forex trading on the classic MetaTrader 5 (MT5) platform for those who prefer that. MT5 is obviously a bit more advanced than the web-based binary options platform, and also gives access to many more indicators and trading algorithms (“Expert Advisors”) than almost any proprietary web platform does. However, it's also important to note that having access to advanced tools is more important in traditional forex trading than it is in binary options trading, given the more complex nature of this type of trading.
All trading accounts can be funded with either major credit & debit cards, bank wire transfers, e-wallet services like Perfect Money, WebMoney, Advcash, and Payeer, as well as with a range of cryptocurrencies, including bitcoin, litecoin, and ethereum.
As all brokers do, Pocket Option also has a customer service team that is ready to answer any queries from clients. The team can be reached via the live chat function that is integrated with the web trading platform. In addition, support can also be reached via email and a UK-registered phone number that is open between 8 AM and 4 PM UTC time.
In summary, it's safe to say that Pocket Option is one of the brokers that are trying hard to keep their traditional brokerage and binary options brokerage business open despite many crackdowns on the binary options industry in jurisdictions such as the US, EU, and Japan.
Despite these restrictions, however, it is still possible to offer binary options trading offshore, which is what Pocket Option is taking advantage of. Whether it is safe to trade with such a broker or not is another question, and it remains very important to do your own research before depositing funds with any offshore brokers. It's also important to be aware that in the event of a dispute with such a broker, there is usually no accountable regulatory authority to turn to for help.
I have been trying Pocket Option for a while and I liked the ease of use in addition to the many features. I made mistakes when I had no experience, so I advise everyone to learn on the demo account first.
It has its ups and downs, but overall it's not the worst. I'm still currently using the platform and about 50% trades are winning.
Fast and friendly support chat, been trading with them since 2021, user friendly platform.
My experience using Pocket Option was mostly positive. Here's what I loved about it:
- User-friendly interface. The platform is easy to navigate, making it perfect for beginners.
- Demo account. I was able to practice my strategies risk-free, which built my confidence.
- Fast verification. The verification process was straightforward and quick, allowing me to start trading in no time.
- Smooth withdrawals. I've had no issues with withdrawals - my funds have been transferred quickly and efficiently.
- Diverse assets. The range of assets available for trading kept things interesting.
Overall, Pocket Option has been a fantastic platform for my trading journey. If you're considering it, I recommend giving it a shot!
A good application that gives you many features. I advise everyone to learn trading before really doing it.
Pocket Option is a standout trading platform that excels in offering an intuitive and user-friendly experience for binary options trading. Here are some of the reasons why Pocket Option deserves high praise.
1. Exceptional user interface: The platform boasts a clean, intuitive interface that makes navigating and executing trades a breeze, even for beginners. The design prioritizes user experience, ensuring that all necessary tools and information are easily accessible.
2. Wide range of trading assets: They provide an extensive selection of trading assets, including forex, cryptocurrencies, commodities, and stocks. This diversity allows traders to explore various markets and diversify their trading portfolios effectively.
3. Comprehensive educational resources: They offer a wealth of educational materials, including tutorials, webinars, and articles. These resources are invaluable for both novice and experienced traders looking to enhance their knowledge and trading skills.
It's a very good broker, but bad if you are from Africa. Mainly because the web platform has a lot of loading issues. Some days it works, other days not at all. If it wasn't for that, I'd give it a 5 star.
This is a scam company with scam, fake, charts. Beware! Their charts are not real! If you don't believe me, just pick a pair like EURUSD or whatever you like and compare their chart with a regulated trading app like TradingView, or even go to Yahoo Finance to see their official chart of EURUSD: they are completely different! The pair course is different and even the chart movements are totally others. This is scam! You will lose your money. Oh, and that "authority" IFMRRC that the company is "a member of" is also a scam website. Just look for yourself.
Pocket Option in my experience is a great platform and place to trade. Site support is always responsive and helpful. I love the bonuses and the look and feel of the site. It's easy to navigate. Practice and patience is the key.
I'm able to cover my own expenses by trading with pocket option. Feels good. And you all cooperate so nicely, that you deserve to be thanked. Love u pocket option. Thank you.
Pocket Option offers a very convenient way to trade forex with more structure. You don't have to worry about major losses because you already know the percentage you would win. They also have different tools to help you win or at least get your money back when ending very close to your mark. I stopped traditional forex trading 2 years ago, but since I started to use Pocket Option's app, I've been making a quick $50 on everyday basis (except weekends) and leaving before I get too cocky lol.
Being a professional gambler or a professional trader doesn't make any change. PO has set the table in the most perfect order you can think of. Just give it a try an you'll find out by yourself.
Good broker for beginners with a simple withdrawal system.
I had been using this platform for few months. But I find it really good. Everything seems to be fast and responsive. Placement of trades are really fast without any delays. Overall it's a really good experience.
A beautiful and very reliable platform. I advise everyone to try it.
One of the best platform having a good support staff and fast support service. Withdraw is fast and secure. Also have a lot of bebefits.
Impressive and prominent trading platform providing excellent services at a consistent level. Most important, prices are not manipulated (from personal experience).
Did not notice any negatives in the pocket option. Withdrawal and deposit are very easy. Great interface, withdrawal is easy and fast, plenty of pairs to choose from. Overall, a great binary broker.
Pocket option is the most genuine broker I am using last 5 years, Pocket option is the best.
Pocket Option was the second one binary options broker where I registered and completed my profile verification. At some point I finally became profitable (before that I was in loss of about 3000$). So, I recovered all of my lost amount, plus made over 7100$ and a bit more. I tried to withdraw my money then and that's when the troubles began. First, they declined my selfie verification. After many attepmts, I finally managed to complete it and tried to withdraw the money again. Then they required me to go through the address verification. Ok, I provided my orignal documents and they accepted it. Then I requested a withdrawal again and they again declined it and started asking for a credit card verification. So, I provided my card pictures.
To make the story short, somehow I managed to pass all their levels of verification in the end. But then Pocket Option used their last ace in the hole. They wiped out all of my trading profits claiming that I was using bot to trade and that's prohibited. To be fair, I did use a trading bot (created it myself), but they never mentioned it's not allowed.
Pocket Option are clearly fraudsters. Also, the support team is very unmannered. Stay safe and avoid this awful broker.
Very good plattform, fast deposit and withdrawal, high payout %, nice support, best one binary options broker to use.
I’d like to say, pocket option is by far the best binary option platform I’ve ever been able to trade on. I have nothing negative to say about them. All positive feedback from my perspective. The interface is amazing.
Great interface, withdrawal is easy and fast, plenty of pairs to choose from. Overall, a great binary broker.
Pocket option is really the best trading platform I've ever used, well oriented customer support team, very strict and fair system and lot of helpful advantages for successful trading. Keep excellent job up.
I love this broker for the many options over other brokers. My favorite is the option to place 5 second trades. Very Helpful.
Pocketoption is awesome, support is always friendly. Deposit and withdrawal are easy.
Practice makes perfect and perfect practice in the demo mode will set you up good for the live account. Deposits and withdrawals are simple. Finding what works for you is the hardest part, but if you trade with what you don't mind loosing and keep your emotions in check, this will be your favorite broker!!!
Pocket option is a good broker, convenient and modern platform, many assets for trading, fast deposit and withdrawal of funds. There is also a mobile application that makes it possible to trade anywhere.
Not a bad broker where you can make money if you have a head on your shoulders. The package has a convenient interface, I liked a bunch of withdrawal and replenishment methods, which is a huge plus. This broker has a lot of assets for trading, and there is a chat in which you can chat with guys who trade in the same way.
Everthing is fine until withdrawal. I have still not recieved my 25,000 USD that Pocket Option literally stole from me. A big, big warning. Dont use this broker. If you lose you're welcome, but if you win they just ban you from their site and refuse to answer questions.
Worst company ever! BIG WARNING!