My Pocket Option 2023 Review
In this article, we'll investigate the 4.5-star Pocket Option trading platform. We'll evaluate its features, customer service quality and more to give you a comprehensive evaluation.
Pocket Option requires customers to verify their accounts with a photo of an identity document and proof of address that matches the information on the ID. This helps guarantee the site is legitimate and not a scam.
Reviews from real customers
Pocket Option is an online broker that offers a selection of trading tools and services. It has multiple accounts to choose from and a user-friendly interface to make navigating the platform simple for newcomers. Furthermore, Pocket Option boasts numerous trading instruments as well as the capacity to deposit or withdraw funds in different currencies.
One of the standout features of Pocket Option is its customer support team. Available 24/7, the broker provides various methods for reaching out to its team including email, phone and live chat. Their friendly and speedy team respond quickly when contacted, while the live chat portal on the main dashboard makes getting questions answered a breeze.
Another outstanding feature of Pocket Option is its mobile app, which enables traders to monitor their trading accounts from any location at any time. The app is available on iOS, Android and Windows platforms and can be downloaded from the official website.
The company boasts an impressive library of free tools and information resources. Its trading library boasts over 1,500 charts, indicators and strategies in various formats to choose from. Furthermore, they provide a comprehensive FAQ section with helpful tips for newcomers.
Its website is packed with fascinating articles on various topics. It boasts a mobile-friendly design, user-friendly search function and calendar of events to stay informed on what's happening in online trading.
Pocket Option stands out from other brokers by having its own social media page where customers can stay up to date on company announcements. It also has a blog which covers various topics from zig-zag strategies to OTC products.
If you're searching for the top binary options broker in 2023, Pocket Option should be on your list. They boast a 4.5 rating on Trust Pilot due to their user-friendly platform and mobile app as well as impressive customer support.
Trading platform
Pocket Option's trading platform is user-friendly and packed with features to assist traders in making informed decisions. Plus, there's live chat support, educational material and other tools available to help develop your strategy.
The broker provides a range of assets, such as forex pairs, commodities and cryptocurrencies. Its MetaTrader 5 platform enables traders to trade using advanced tools like graphs, charts and drawing tools. Furthermore, you can incorporate market news into your analysis for even further accuracy.
If you're new to binary options trading, it is a wise idea to practice with a demo account before investing real money. A demo account provides $10,000 worth of virtual funds so that you can test out strategies without risking your own capital. Plus, many demo trading tournaments take place regularly on these accounts!
One of the advantages of a demo account is that it helps you avoid mistakes and boosts your confidence in decision-making. Furthermore, it gives you an opportunity to familiarize yourself with a broker's website and app before trading with actual money.
Before opening an account with Pocket Option, you must first verify your identity by providing a photo ID document and proof of address that matches the information on the document. Doing this ensures you are trading with an authentic company rather than one who attempts to take advantage of you.
Once your account has been verified, you can deposit funds using any of the standard payment methods offered on Pocket Option's website. These include debit and credit cards, e-payments such as Perfect Money and 29 different cryptocurrency tokens. The minimum deposit requirement is $50 with processing taking one to two business days; however there is no maximum limit.
Another feature of the trading platform is social trading, allowing you to copy other traders' trades. This is an invaluable opportunity to learn from experienced professionals and boost your profits by employing their strategies.
The broker also has an affiliate program that rewards users who refer new customers to the platform. As a reward, these newcomers receive 50% bonus on their first deposit - an excellent incentive for referring friends and family to use this platform.
Minimum deposit
Pocket Option offers a low minimum deposit of just $50 to open an account, one of the lowest in the industry. This makes it accessible for new traders without needing large sums of capital upfront. Furthermore, they provide various payment methods with no fees when depositing or withdrawing funds.
The website also offers a demo account, giving you the chance to test out their platform before opening an actual one. With this account, you can practice different strategies and hone your skills.
Demo accounts allow you to trade virtual money up to $10,000. This is an ideal opportunity to hone your skills and understand how the platform functions before investing real funds. However, in order to close an account, you must make a real deposit first.
Funding an account on Pocket Option is possible through bank transfers and e-payments. Furthermore, you can fund your account using cryptocurrencies like Bitcoin or Ethereum.
Depositing funds into your trading account is automatically credited to your trading balance. Depending on the method used, these may be received within minutes.
You have several options for depositing funds into your Pocket Option account, such as electronic payment systems and popular Visa/Mastercard cards. Furthermore, some brokers support cryptocurrencies for deposits as well.
Withdrawals on the Pocket Option platform are processed instantly. The only exception to this rule is Perfect Money's system, which charges a 0.5% withdrawal transaction fee.
In addition to depositing and withdrawing funds, you can also rollover your open positions. Doing so increases the investment amount of each order you hold open, helping you increase profits with minimal risk.
Investors should be aware that the rollover method may not be available in all countries and regions. Furthermore, the minimum withdrawal limit varies by payment method and country.
Pocket Option's platform is tailored for both novice and expert traders, with support provided by a team of customer service specialists. Furthermore, they provide tutorials and guides for new users as well as forums where traders can discuss trading topics informally.
Customer support
Pocket Option does an admirable job of keeping its customers informed and satisfied. Their website is user friendly, while their customer service team are available 24/7 to answer questions and provide support in multiple languages including English and Spanish. Despite its shortcomings, pocket option has earned itself a place of honor among online chat providers.
The site also has an intuitive mobile app, perfect for when you're on-the-go. The website itself is user friendly and provides all the essential info to get started trading binary options. Key features include a trading calendar, chart of the day and list of assets available to trade.
In addition to the mobile and desktop applications, there's also a handy mobile app that allows you to track your trades while on-the-go. This handy device also makes managing your account much simpler from any location possible.
Finding a trustworthy broker isn't hard, but finding the right one can be somewhat of a challenge. To help you narrow down your choices, we've outlined our top picks below. Ultimately, the best fit for you will depend on your budget and requirements; so do some research before making your final decision.