{"id":896,"date":"2023-06-01T12:16:28","date_gmt":"2023-06-01T12:16:28","guid":{"rendered":"https:\/\/deala.com/blog\/?p=896"},"modified":"2023-09-15T22:17:18","modified_gmt":"2023-09-15T22:17:18","slug":"pocket-option-review","status":"publish","type":"post","link":"https:\/\/deala.com/blog\/pocket-option-review","title":{"rendered":"Pocket Option Review: Is it a Reliable Broker for Trading?"},"content":{"rendered":"

Trading success depends on the trader’s profitability over time. Whether you’re an experienced trader or just starting out, finding the right trading platform is crucial. In this article, we will introduce you to Pocket Option, a reputable binary options broker that aims to provide traders with a reliable and user-friendly trading experience.<\/p>\n

In our comprehensive Pocket Option review, we will provide you with a quick overview of this trading platform and dive into its features, services, and performance. We will explore its trading conditions, including available assets, trading instruments, and account types. Additionally, we will assess the platform’s functionality, user interface, and mobile trading capabilities to help you determine if it aligns with your trading preferences.<\/p>\n

Our goal is to equip you with the necessary information to decide whether Pocket Option is the right choice for your trading journey. Join us as we delve into this comprehensive Pocket Option review and uncover the key aspects of this binary options broker.<\/p>\n

What is Pocket Option?<\/h2>\n

\"Pocket<\/p>\n

Pocket Option is a well-known binary options trading platform established and owned by Gembell Limited<\/strong>. Since its inception in 2017<\/strong>, it has gained a solid reputation in the industry. Despite the risky nature of binary options trading, it is committed to providing a trustworthy platform for traders.<\/p>\n

Creating an account on Pocket Option is simple, allowing users to start investing as traders quickly. With a wide range of over 100 services and instruments, it offers a global trading platform that caters to the needs of various investors. It also supports multiple payment methods, making it convenient for foreign investors to participate in trading activities. However, it’s important to note that Pocket Option only allows one trading account per user, which could be a drawback for some individuals.<\/p>\n

Quick Overview: Pros and Cons of the Pocket Option Platform<\/h2>\n

Before deciding to engage in binary trading, it is essential to understand the benefits and drawbacks of utilizing the Pocket Option platform.<\/p>\n

To offer a concise overview, the table below outlines the advantages and disadvantages of the Pocket Option. Its purpose is to assist you in making informed choices and assessing whether it is suitable for your trading goals and risk tolerance.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
Advantages<\/strong><\/td>\nDisadvantages<\/strong><\/td>\n<\/tr>\n
User-friendly interface<\/td>\nWith deposit fees<\/td>\n<\/tr>\n
With 100+ assets for trading<\/td>\nWith inactivity fees<\/td>\n<\/tr>\n
The process of deposit and withdrawal is safe and easy<\/td>\n<\/tr>\n
regulated by the IFMRRC<\/td>\n<\/tr>\n
With Social Trading feature<\/td>\n<\/tr>\n
Can create a demo account for free practice<\/td>\n<\/tr>\n
With 50% Deposit Bonus<\/td>\n<\/tr>\n
Five types of cryptos are available<\/td>\n<\/tr>\n
You can be paid up to 92%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Is Pocket Option Regulated?<\/h2>\n

Pocket Option claims to be regulated by the International Financial Market Relations Regulation Center (IFMRRC)<\/em>. However, the IFMRRC is not an official regulatory authority with the same level of oversight and credibility as recognized financial regulatory bodies.<\/p>\n

Furthermore, the Financial Conduct Authority (FCA)<\/em> of the United Kingdom issued a warning in September 2021 that PO Trade<\/em> may be providing financial services or products in the UK without authorization from the FCA. This indicates that Pocket Option is not authorized or regulated by the FCA, which is a reputable regulatory body in the financial industry.<\/p>\n

Key Features of Pocket Option<\/h2>\n

Pocket Option offers key features that make it a popular choice for binary options trading. These features enhance the trading experience and provide users with valuable tools and resources.<\/p>\n

The platform has a user-friendly interface and a diverse range of tradable assets, catering to both beginners and experienced traders. It supports multiple payment methods, automated trading, and regulatory compliance for added security and convenience. Let’s delve into these features in more detail.<\/p>\n

1. Multiple Trading Platforms<\/h3>\n

Pocket Option provides different trading platforms, including a web-based platform and a standalone Pocket Option Terminal application. The terminal offers advanced charting tools, technical indicators, and customizable settings for more advanced traders.<\/p>\n

2. Mobile Trading App<\/h3>\n

This platform offers mobile trading applications for both iOS and Android devices. Traders can access their accounts, monitor the markets, and execute trades on the go, providing flexibility and convenience.<\/p>\n

3. Account Types<\/h3>\n

Pocket Option offers different account types to cater to the needs and preferences of various traders. Here is a breakdown of the available account types:<\/p>\n