Pocket Option Review - Is This Broker Right For You?
Pocket Option is an established online broker that provides traders with an intuitive platform, low minimum deposit requirements and joining bonuses. They also provide free demo accounts and copy trading functionality to help beginners learn and implement strategies quickly.
This broker offers a 50% bonus to new traders when they open an actual live account. However, you cannot cash out the bonus until you meet their minimum trading turnover requirements.
Welcome to the most contemporary and refined Platform for trading on financial markets
Trading financial markets is an excellent way to grow your portfolio, but it's essential that you find the right brokerage for your requirements. The top online brokers provide comprehensive research and analytical tools, a wide selection of investable assets, insightful educational content, as well as an open fee structure.
If you're new to the market, a demo account is an ideal starting point. This gives you an understanding of how to trade without investing any real money and also allows for testing out different strategies and methods without risking your own capital.
A demo account can also provide insight into the different order types. This is especially crucial for newcomers to the market, since you likely won't have much experience with fill-or-kill or immediate or cancel orders.
Furthermore, some online brokers provide free demo accounts with limited funds. These are an ideal way to test out new features and gain more knowledge about the trading environment before you commit actual investments.
Demo accounts offering trading tools like market data, news and charts as well as advanced alerts can be very beneficial to new traders, helping them identify key patterns or indicators in the market that may indicate a lucrative trading opportunity.
For beginners, the ideal online broker should be user-friendly and offer a wealth of educational resources such as glossaries, how-to articles, and fundamental analysis. Furthermore, make sure your platform has an effective search function which lets you filter down options by location, time zone, or asset type you plan on trading.
Traders from all over the world
Traders from around the globe are joining the Pocket Option platform to trade on financial markets. They use this broker's platform to invest in various assets, such as currency pairs, stocks, indices and cryptos.
Pocket Option is a highly-rated broker that provides competitive payouts, an expansive free demo account, copy trading capability and 50% deposit bonuses to new traders who register and fund their accounts.
They can test out the platform before investing real money, making it ideal for beginners. The platform allows users to trade with $10,000 of virtual money as a practice account without risking actual funds. They can even experiment with different strategies like 15 seconds or zig zags without risking real-money loss.
The broker's support team is accessible 24/7/365. You can reach them by phone, email or through the website. During testing, staff answered queries promptly and effectively.
To get started on the website, you'll need to register and provide valid identification details. After that, you can start making real-money deposits using various payment methods like credit cards, debit cards, Perfect Money and Advcash.
In addition to customer support, the broker provides a wealth of educational materials for its members. These range from visual aids and videos, tutorials and Ebooks. Furthermore, robots can be employed in order to automate trading tasks.
Social trading on the broker's platform is an innovative feature, enabling you to observe and copy other traders' trades. Simply select one or more signals providers or specific traders to copy. Copying other traders can increase your profits while decreasing risks at the same time.
Free demo account
Pocket Option's free demo account is an ideal starting point for traders new to trading. It is user-friendly and provides $10,000 in virtual funds to trade with. Furthermore, traders are eligible for a 50% bonus when they open a real account with the broker.
Binary options demo accounts offer new traders a safe haven to test out different strategies without financial exposure. This is especially beneficial for novice traders who may lack enough experience to properly assess risks and make informed decisions.
Additionally, this can assist them in honing their money management skills before trading with actual capital, helping to prevent them from making poor decisions and losing all of their money.
Some brokers provide a free trial account with an amount of virtual funds, such as $100, to use for demo trading. They may even allow you to replenish the account with more virtual money if needed.
Many of these accounts will also allow you to test out the broker's platform and other features, like customer support and technical support. This can be an excellent way for determining if you want to open a real account with them and start investing your own funds.
When trading on a demo account, it's essential to use only the amount of virtual money appropriate for your investment style. For instance, if you're trading high-volume stocks, use the same amount in virtual funds that would be traded in the live market.
Demo accounts offer traders the opportunity to practice trading with various assets, such as commodities and foreign exchange (Forex). It's an invaluable way to test out your trading strategy prior to actual investing.
Easy to use
Pocket Option is an ideal broker for beginners due to its many features that make it user-friendly. Furthermore, they provide a free demo account to get you started and teach you how to trade, giving you an opportunity to see whether or not you like this broker before investing real funds.
Registering for a free account with Pocket Option is easy; all you need is your email address, Facebook or Google login. The registration process is fast and effortless so there's no need to feel overwhelmed by it. Furthermore, your password can be changed at any time so that it's secure even if it gets forgotten.
Once signed up, you can deposit funds with a variety of methods. These include bank transfers, WebMoney, Perfect Money, Payeer, Advcash, Jeton, VLoad as well as Visa cards and Mastercard.
Withdrawals can be done in several ways. You can withdraw money directly to your bank or card, as well as convert currencies. Be aware though, some banks may charge a fee for currency conversions.
The site provides a wide range of assets to trade, such as classic forex pairs and exotic currencies, stocks, indices and commodities.
In addition to traditional trading assets, you can also trade cryptocurrencies like bitcoin and ethereum on the Pocket Option platform. This is an excellent feature for traders who appreciate innovation and cutting-edge technologies.
Pocket provides 24/7 customer support, meaning you can reach them anytime. Their support team will answer your queries via phone, email or live chat and have been known to respond promptly and efficiently during tests.
24/7 customer support
In today's digital world, customer support is essential for providing a smooth trading experience. Offering round-the-clock assistance allows your customers to contact you anytime for help with any problems that may arise with their trading accounts.
By providing 24/7 customer support, you demonstrate to your customers that you value them and want to be available when they require assistance. This is an effective way to build trust and position yourself as one of the premier service providers in the industry.
You can provide customer service through phone, email and live chat support. Depending on the nature of your business, you may also set up social media support to stay in touch with customers even after business hours.
This type of service is ideal for e-commerce businesses that do business internationally or with customers in different time zones. Your ability to answer their inquiries promptly and accurately ensure that there are no lost sales due to server problems or other circumstances is essential.
If your company is new and needs to expand, having this option available to you can be beneficial. Establishing loyalty with customers when you are accessible at all times and offer quality products and services will make building loyalty much simpler.
The initial step to providing this type of service is assessing whether it's worth the time and resources invested. You should assess your customer support volume, peak hours, and how often your support team is unavailable for inquiries.
If your business has a high response rate and average resolution time, adding 24/7 support is a great idea. But if the ticket volumes are low and all of your team members work full-time, it may be more beneficial to stick with the more traditional 9-to-5 schedule.