Pocket Option Commission 2023
Pocket Option is a reliable binary options broker that has been in operation since 2017. They boast an excellent reputation for customer support services.
They offer various bonuses and promotions for new clients, the most notable of which is a 50% deposit bonus that cannot be withdrawn until certain conditions have been fulfilled.
Commission & Fees
If you are a novice trader and want to ensure your money is secure, research the commissions and fees charged by binary options brokers before depositing any cash. Doing this can help determine whether a particular broker is legitimate or not.
Pocket Option is a reliable binary options broker that has been in operation since 2017. They are registered in Saint Vincent and the Grenadines and hold trading licenses from FMRRC in Russia and MISA in the middle east. Their strong customer base and 4.1-star rating on Trustpilot demonstrate their trustworthiness; there's no reason to doubt them!
They provide a user-friendly platform with an intuitive interface, making trading with them a breeze. Plus, they provide plenty of complimentary tools and features that can assist traders in making informed decisions regarding their trading activities.
Traders have access to a range of trade types, such as high/low, turbo and 1-minute strategies. Furthermore, the website provides a simulator account which enables traders to practice various trading tactics without risking real money.
Binary option demos offer an invaluable opportunity to learn about binary options before investing your own funds. Furthermore, the site provides numerous free tutorials to assist traders in becoming better traders.
Additionally, they provide a social trading feature that allows you to monitor the activities of other investors. This can assist in making an informed decision when investing your money and increasing your chances of success.
Another advantage of using this trading platform is its wide selection of currency pairs. This means you can find a trade that fits within your budget and preferences.
The broker also provides a selection of bonuses and promotions. These incentives are designed to attract new customers, so they may be worth exploring. In some cases, you can deposit just a small amount and receive an impressive bonus.
Pocket Option offers multiple platforms for traders to utilize, such as MT4 and MT5, which provide various charting options and technical indicators that can assist in deciding when to enter or exit a trade.
Before trading with Pocket Option, you must first deposit a minimum of $50. This is one of the highest minimum deposits in the industry but may be justified due to their premium services like account verification and affiliate commissions for referrals.
Signing up is a breeze - simply use your email address and social media accounts such as Facebook or Google to validate your identity. Additionally, you'll need to upload a proof of address with information matching that on your identity document, and once verified you will be verified.
Funds can be deposited using credit cards, electronic wallets or popular cryptocurrencies like Perfect Money and WebMoney. Please be aware that withdrawals to these methods will incur additional fees.
To withdraw funds, you must contact customer support and request a withdrawal. Typically, withdrawals are processed within a few days of your request.
Traders on Pocket Option can hone their skills before opening a live account with our free demo account. This gives them the opportunity to practice trading strategies and learn new tactics without risking real cash.
The platform and app are user-friendly, offering a range of in-app features like social trading and analytics charts. Furthermore, the website contains useful trading resources like educational articles and guides to assist traders in making informed decisions.
Pocket Option has earned a user experience rating of 4.5 stars, making it an ideal option for online traders. Its low minimum deposit, generous payouts and comprehensive support options back up its high ranking.
If you're new to binary options trading, a demo account is an ideal starting point. It allows you to test out the platform and learn new strategies before investing your own funds.
The broker hosts regular trading tournaments for its customers, where you can win cash prizes if you place in the top three. These competitions provide a fun way to hone your skills and increase earnings at the same time.
Pocket Option has an attentive customer support team available 24/7 to answer your queries. You can reach them by email or through a hotline, plus there's also a community of traders on their site where you can discuss your experiences with the platform and gain advice from experienced traders.
One of the primary concerns many traders have when it comes to Pocket Option is their minimum withdrawal. This issue is especially pertinent if you're based in the UK, as most banking institutions charge a currency conversion fee for transfers.
Thankfully, there are ways to circumvent these fees and make withdrawals quickly with Pocket Option. First, you can take advantage of their free demo account which allows you to practice trading on the platform without risking your own funds.
This is an ideal way to become familiar with the platform and decide if you want it as your main broker. Once you feel ready, you can switch over to a real-money account and begin trading with actual funds.
Another impressive aspect of Pocket Option is its wide array of payment methods. This includes credit cards, Perfect Money, Advcash and even some cryptocurrencies like Bitcoin and Ethereum.
Furthermore, it offers its clients a selection of bonuses and promotions to enjoy. These include an introductory bonus scheme that rewards new customers with 50% of their initial deposit.
However, it's essential to be aware that these bonuses have a limited duration and can only be withdrawn once you make certain number of successful trades. Therefore, make sure you read through all terms and conditions prior to opening an account.
Fund withdrawal requires the same documents used when depositing them, which can be a hassle if you're new to trading or live in an authentication-limited country. Some users have reported waiting over 14 days for their withdrawals to complete.
Pocket option boasts an excellent customer service team that is available 24/7 to assist clients. You can reach them through live chat, email and phone; plus they have a comprehensive FAQ section as well as various social media accounts.
Pocket Option has been in business since 2010, and they boast an excellent reputation. Their 4.5 star rating on Trustpilot can be attributed to their user-friendly platform and app which allow traders to trade a wide variety of assets conveniently in one place. Furthermore, Pocket Option offers a free demo account so new traders can become acquainted with the system before investing any funds.
The website is user-friendly, boasting an intuitive interface that lets you monitor any changes to your account balance at any time. Furthermore, the platform provides other helpful features like social trading functionality and analytical charts which show when to make a trade.
Pocket Option offers a free demo account in less than two minutes, giving you the opportunity to practice trading without risking real funds. Plus, they have various promotions and bonuses like a $50 no-deposit bonus for new customers.
They offer multiple ways to reach their customer service team, including email, live chat and various social media accounts. The live chat feature is ideal for quick responses to simple questions while the hotline can provide assistance with more complex issues.
While their customer service is generally good, the company could still use some improvement. Their response times for support inquiries tend to be quite slow - you should expect them back within 24-48 hours.
Furthermore, their customer support is unclear about any hidden commissions. This is important to know since some brokers charge a commission on every trade you make, which could add up quickly.