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#Pocket Option Review

#Pocket Option

Pocket Option’s intuitive platform allows both seasoned and beginner traders to make fast trades while earning higher payouts than most other brokers.

Regulation: IFMRRC

Minimum Deposit: $50

Minimum Trade: $1

Bonus: 50%

Payouts: 128% Max

Trade Types: High/Low, Turbo

Number of Assets: 100+

Trade Platform: Web, Windows, iOS, Android

Social Trading: Yes

Demo Account: Yes

US and UK Traders: Accepted

While binary options trading often gets a bad reputation because of the high risk involved, Pocket Option is one of the most reliable brokers in the industry. Creating an account is easy, and the platform works well for both new and experienced traders.

With over 100 assets available to trade and plenty of payment methods to accommodate international investors, Pocket Option offers trade opportunities to thousands of people worldwide. This Pocket Option review will help you decide whether you want to be one of them, as we go over the types of accounts you can get, their assets, and other special features on their platform.
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Trade Types

As with their accounts, Pocket Option offers one trade type. However, the one they offer is the quickest way to get an impressive payout.

Pocket Option makes trading simple with high/low options, which is the most straightforward of all binary options trading types. All you have to do is set a time limit for yourself and predict whether the asset price at the end of the time will be higher or lower than it was when you started the clock.

High/low options make for a near-instantaneous payout, ideal for traders looking to make some quick money. If you’re unfamiliar with how binary options work, high/low options can help you develop your technique with short time limits. You can set your time at a minimum of 60 seconds. If you like to play the long game, you can set the expiry for up to four hours.

Payouts

pocketoption trading platform

Pocket Option is known in the binary options market for having high payouts. The lowest you can get is 50 percent, while their average is much higher. You can usually expect to get between an 80 and 100 percent payout for successful high/low predictions.

Pocket Option’s website states that you can get payouts up to 218 percent, which is practically unheard of. Even the leading binary options brokers usually only declare up to 200 percent maximum on payouts.

Keep in mind that high/low trading, in general, gives you higher payouts than most other types of binary options trading, like ladder/pair options. Making 60-second trades with high/low options can both introduce you to the Pocket Option platform and increase your account balance in minutes. However, it’s essential to be cautious with high/low options, as well, as too many unsuccessful trades can put you in the red fast.

Bonuses and Promos

When you open a live account with Pocket Option, they’ll give you a 50% deposit bonus on your starting investment. The more you deposit as your starting investment, the higher that 50 percent bonus will be.

The catch is that you can’t withdraw the bonus before you start trading. Since some investors might get the idea that they can sign up just to withdraw that bonus along with their initial investment, Pocket Option mandates that you need to participate in the trading market first. After you reach their specified level of trades, then you can withdraw the bonus.

Demo Account

pocketoption demo account

If you’re apprehensive about going all-in with a real account on Pocket Option, you can try their demo account. You don’t even have to register with them to use it. You can simply go to their website and click the Demo Account button to get $10,000 in virtual funds that you can use to trade.

Even if you’re a seasoned investor, it’s a good idea to try the demo before you commit real money. After all, if you decide you don’t like the platform, whether it’s too simple or less intuitive than you’d like, it’s a lot easier to ditch the practice account than it is to withdraw all your funds and close a live account.

On the other hand, if you’re new to binary options trading, the practice account will give you enough experience to understand whether you want to keep doing it. Plus, with Pocket Option’s user-friendly platform, you’ll find out quickly whether you can handle something more complicated or would prefer to keep things efficient and simple.

Mobile Trading

While Pocket Option’s main platform is on the web, they also have mobile and PC versions.

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