Pocket Option: updated guide

Launched in 2017, Pocket Option has established itself as a binary options broker offering a wide range of financial instruments and is registered in the Republic of the Marshall Islands.

Pocket Option’s legitimacy is backed by the regulation of the International Financial Market Relations Regulatory Center (IFMRRC), although the IFMRRC is not a widely known body. The solid reputation of the platform, confirmed by its long-term existence, speaks in favor of Pocket Option’s reliability.

Pocket Option’s key figures:

• More than 10 million customers, of which more than 100,000 actively participate in trading.
• Trade volume in excess of US$500 million.
• Presence in more than 95 countries.
• Average monthly merchant income in excess of US$850.

The platform offers convenient means of access, including the web version, desktop applications for Windows and Mac, as well as mobile apps for Android and iOS. Account replenishment is facilitated by more than 50 payment methods, including Visa, bank transfers, e-wallets and cryptocurrencies.

The minimum deposit is just $5 (depending on location and payment method), and the minimum withdrawal amount is $10, with a 24-hour verification process.

Pocket Option is distinguished by the diversity of assets available for trading: more than 100 instruments, including currency pairs, commodities, indices and even cryptocurrencies. From standard currency pairs like EUR/USD to exotic ones like EUR/RUB, from indices like the S&P 500 to individual stocks of major companies and even cryptocurrencies like Bitcoin and Dash.

The platform offers different payout percentages depending on the instruments, some of which can reach 15%. To maximize profit potential, it is recommended to choose instruments with payouts of at least 80%.

Pocket Option’s interface is convenient and easy to navigate. In the menu on the left and right side of the screen, you will find access to your live and demo accounts, trading tools, trading history, social features and much more. The trading platform also offers different chart types and many popular indicators, such as Bollinger Bands, RSI, moving averages and ADX.

Pocket Option’s mobile application provides the same functionalities as the desktop version, except for the limitation of viewing multiple charts simultaneously due to the screen size.

The demo account offers beginner traders the opportunity to practice without the risk of losing real money by providing $10,000 in virtual funds.

Pocket Option also offers unique gamification features, including a system of gems of different rarities that can be won or purchased and offer various bonuses, such as increased deposit bonuses, direct cash payouts and much more.

The tournaments in Pocket Option add a social element and offer the opportunity to test strategies with minimal risk, using virtual funds.

Pocket Option does not charge commissions for withdrawals and deposits, earning mainly from traders’ losses and the purchase of gems and other accelerators.

In conclusion, Pocket Option offers convenient and multifunctional trading platforms for traders of different levels. However, due to the risky nature of binary options, the platform is best suited for experienced traders with a proven trading edge. Beginners are recommended to start with more traditional forms of trading and educational resources to build a knowledge base before moving on to speculative instruments such as binary options.

Despite the high level of risk, Pocket Option offers attractive opportunities for those who are willing to consciously manage risks and actively study the market. With a variety of instruments, advanced platform features and additional opportunities to increase participation, Pocket Option represents a powerful tool in the arsenal of a serious trader.