The Gembell Limited holding, established by a group of specialists with extensive experience in trading and investing activities, includes the Pocket Option broker. The business meets the requirements of the general market and offers top-notch services for binary options trading in the OTC market access. The broker tries to make trading as easy, transparent, and convenient as possible. Pocket Option has created a unique trading platform to ensure regular trading for traders and investors. In this pocket option review, we will discuss pros, cons and key features.
Trading using Pocket Option has several benefits:
- Low entry barrier; $5 is the minimum first deposit; social trading platform produces passive revenue.
Pocket Option’s drawbacks
- It is unlicensed by any respectable regulator and that a minimum deposit of $1,000 is required to trade foreign exchange through MetaTrader 5.
- Verification of identification and phone number is required;
- Lacks high-quality training; if the requirements for expanding trade turnover are not satisfied when a request for funds withdrawal is made, all accrued bonuses expire; the withdrawal procedure is too long; and support service replies within 24-48 hours, which is also too slow.
Key Features of the Pocket Option
After covering the fundamentals, let’s dive deep into the brokerage’s
Diverse & Flexible Trading Instruments
A trading platform with several different investment products is called Pocket Option. This covers commodities, equities, currencies, forex pairs, Pocket Option copy trading, and even cryptocurrencies.
Low fees and simple banking
The banking experience at Pocket Option is something to be praised. The platform has no trading fees and no commission on deposits or withdrawals. We also like how, except for bank transfers, practically all warranties are instant. However, retreats can take a little longer and can take up to 24 hours for some payment methods.
Help with Signals, Indicators, and Trading
You will have access to the most prominent trading signals & indicators, as you would expect from a well-known broker, to help you improve your trading performance. For beginners, the Pocket Option also includes excellent instructions.
Trading Benefits and Bonuses
In addition to a cashback scheme for its devoted traders, Pocket Option offers a 50% bonus on your initial investment.
Due to the platform’s incorporation of social trading, we believe it to be a relatively safe bet. Thanks to the social trading feature, you may interact with other traders and even take advantage of networking opportunities.
Pocket Option Ease of Use
As we have said above, Pocket Option offers a comparatively simple trading environment and is simple for new investors to become used to. Even a free Pocket Option app with all the essential smartphone tools will be available to you. We conclude that the Pocket Option is a relatively safe bet and is simple to use for beginners.
The other essential characteristics of this powerful broker are also well-known. Each trader who chooses this platform to enhance their trading must be aware of these elements. In this regard, you will find some brief reviews about the other qualities of the broker of Pocket Option in the following paragraphs.
Since this kind of trader is well known for its ease of use and user-friendly platforms, they have offered a mobile version of the websites to increase accessibility. Both horizontal and landscape viewing modes can be used on the Pocket mobile website. The mobile app for this broker is just as practical as the desktop one, plus it has a good look.
The iOS, Android, and Windows versions of this broker’s app are all accessible to users. These three have all been tested, and it has been determined that they are just as stable, dependable, feature-rich, and user-friendly as the web-based versions. Get The Latest promo codes for pocket option for Shopping & Save Up To 50% On Your Purchases.
Verdict: Is Pocket Option Valuable?
So, is Pocket Option an honest company? We believe this platform is reliable and fantastic for new traders who need a career boost. Its low commission rates, absence of trading fees, and speedy banking are somewhat appealing to most traders. Pocket Option contains practically everything you require if you’re a relatively beginning trader looking to build a solid foundation and earn money. Conversely, seasoned traders ought to consider a platform with additional trading features. Copy the promo codes for pocket option & enjoy.