Pocket Option Overview
| Website | pocketoption.com |
| Year Founded | 2017 |
| Countries of Registration | Costa Rica |
| Website Languages | English, Russian, Portuguese, Spanish, Italian, Polish, Indonesian, French, Thai, Vietnamese, Arabic, Malay, Chinese, Turkish, Japanese, Korean, Persian, Serbian, Romanian, Croatian, Hindi, Greek, Bengali, Ukrainian, Filipino, Swahili, Kyrgyz, Kazakh, Dutch, Hausa, Yoruba, Igbo |
| Regulators | MISA |
| Broker Type | MM |
| Dealing | B-book |
| Minimum Deposit | $5 |
| Account Currencies | USD |
| Spread | high |
| Trading Platforms | Pocket Option, MetaTrader 5 (MT5), MetaTrader 4 (MT4) |
| Trading Assets | Currencies, Commodities, Indices, Stocks, Cryptocurrencies |
Brief look at Pocket Option
Pocket Option is a multi-asset platform launched in 2017 with a minimum deposit of just $5 and more than 100 tradable instruments. The broker combines digital options with classic CFD/Forex trading via MT4 and MT5. Key strengths include instant order execution, social copy-trading, weekly tournaments, and a flexible bonus program. Its main drawback is an offshore MISA licence that offers no deposit insurance and faces strict regulatory restrictions in the EU and US.
Pros
- Low entry requirements: $5 minimum deposit and $1 trade size
- Payouts up to 92 % on digital options
- Social copy-trading and weekly trading tournaments
- MT4/MT5 support with leverage up to 1:200
- 50+ funding methods with zero deposit/withdrawal fees
- Unlimited $50000 demo account
Cons
- Offshore regulation (MISA, Comoros)
- No segregation of client funds
- High-risk products may be unsuitable for inexperienced traders
Is Pocket Option available in my country?
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Pocket Option doesn't accept clients from United States!
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Pocket Option Reviews
I've been using Pocket Option for a few months now. The demo account feature is great for beginners, and the minimum deposit is quite low, making it easy to sign up. The trading app is user-friendly, but I wish the withdrawal time was quicker.
8/15/2023Absolutely love this broker! The leverage options are impressive, and I had no issues with my login process. The spreads are competitive, and I appreciate the various account types available. Definitely a solid choice for forex trading.
9/10/2023Pocket Option has its pros and cons. The MT4 and MT5 platforms are great for advanced traders, but I found the bonus offers a bit misleading. Overall, it's decent, but I expected more from my trading experience.
7/22/2023I recently downloaded the Pocket Option app, and it's quite effective for trading on the go. The rebate system is a nice touch, and I had a smooth experience with my withdrawals. Would recommend it to anyone looking to trade stocks or forex.
9/30/2023Unfortunately, my experience with Pocket Option was not great. The sign-up process had some glitches, and the withdrawal time took longer than expected. I think they need to improve their customer support as well.
10/5/2023Leave a Review
Is Pocket Option regulated?
| Companies | Infinite Trade LLC |
| Countries | Costa Rica |
| Regulators | MISA |
| Investor Protection | - |
| Investor Protection Size | - |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
Pocket Option Account Types
| Property | CFD |
|---|---|
| Min Deposit | $10 |
| Lot Size | 0.01 |
| Spread Type | Fixed |
| Execution | Instant |
| Min Spread | 10 pips |
| Fee | No |
| Max Leverage | 1:200 |
| Stop Out | 80% |
| Margin Call | 100% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Binary Options
| Account | Binary Options |
|---|---|
| Minimum Deposit | $5 |
| Option Types | High/Low, Turbo |
| Minimum Stake | $1 |
| Payout | from 25% to 92% |
| Expiration Time | from 15 seconds to 4 hours |
Pocket Option Funding and Fees
| Base currencies | USD |
| Deposit and withdrawal methods | Visa, Mastercard, Maestro, Bank Transfer, Perfect Money, Volet, YooMoney, WebMoney, Qiwi, Skrill, Payeer, PayRedeem, Neteller, Jeton, Binance Pay, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Tether (USDT), USD Coin (USDC), Dogecoin (DOGE), Cardano (ADA), XRP (XRP), Binance Coin (BNB), TRON (TRX) |
| Inactivity fee | |
| Interest on margin | |
| Withdrawal Fee |
Pocket Option Trading Platforms and Conditions
| Trading Platforms | Pocket Option, MetaTrader 5 (MT5), MetaTrader 4 (MT4) |
| Execution Speed | 10 ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | high |
Pocket Option Trading Assets
| Currencies | 58 |
| Indices | 11 |
| Stocks | 130 |
| Cryptocurrencies | 65 |
| Bonds | 0 |
| Metals | 4 |
| Energies | 3 |
| Soft Commodities | 0 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Broker Bonuses
| Bonus Type | Size | Details |
|---|---|---|
| Welcome Bonus | 50%, up to $5000 | Learn More |
Broker Contests
Demo Contests
| Contest Name | Start Balance | Prize Pool | Period | Details |
|---|---|---|---|---|
| Day off | $100 | $250 | Daily | Learn More |
| Hour play | $100 | $100 | Hourly | Learn More |
Pocket Option Support
| support@pocketoption.com | |
| Phone | +442081234499 |
| Telegram | Telegram |
| YouTube | YouTube |
| TikTok | TikTok |
| Discord | Discord |
Pocket Option Alternatives
| Broker | Pocket Option | Quotex | IQ Option | Olymp Trade | Binomo | Nadex |
|---|---|---|---|---|---|---|
| Type | MM | MM | MM | MM | MM | MM |
| Minimum Deposit | $5 | $10 | $10 | $10 | $10 | $1 |
| Regulators | MISA | IFC | CySEC, SVGFSA | VFSC | SVGFSA | CFTC |
| Platforms | Pocket Option, MetaTrader 5 (MT5), MetaTrader 4 (MT4) | Quadcode | Quadcode | Olymp Trade | Binomo | Nadex Web Platform, NadexGo™ (iOS, Android) |
| Spread | high | N/A | average | high | N/A | N/A |
| Leverage | 1:200 | 1:1 | 1:500 | 1:500 | 1:1 | 1:1 |
| Assets | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Commodities, Indices, Stocks | Currencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Stocks, Cryptocurrencies, Metals, Energies, Indices, ETFs, OTC, Composite | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Commodities, Indices, Cryptocurrencies |
Is Pocket Option Right for You?
Pocket Option stands out for its low entry requirements, allowing traders to start with a minimum deposit of just $5 and a minimum trade size of $1. With payouts up to 92% on digital options, extensive support for MT4 and MT5, and a variety of over 50 funding methods without deposit or withdrawal fees, it appeals to both new and experienced traders. The platform also offers unique features like social copy-trading and weekly tournaments, enhancing the trading experience. However, potential users should be aware of the platform's main drawbacks. Pocket Option operates under an offshore MISA license, which does not provide deposit insurance and comes with strict regulatory limitations in the EU and US. Additionally, the lack of segregation of client funds and the high-risk nature of some trading products may make it unsuitable for inexperienced traders. Given these factors, Pocket Option is ideal for low-budget traders looking for a diverse range of assets and advanced trading features. However, those seeking a regulated environment with a focus on security and risk management may want to consider alternative brokers.
FAQ
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
