Pocket Option Review 2022: Is It A Reliable Platform For Online Trading?
People utilize brokerage platforms to access the financial markets and invest their portfolios in order to achieve short and long-term financial objectives. Pocket Option is one of the famous trading platforms you can use to join online trading. Explore the different features you can find and have access to, with the Pocket Option through our review.
Overview of Pocket Option platform
Starting operations in 2017, Pocket Option is a Forex broker known for its binary trading options, which is not common among other Forex brokers in the trading industry. It is one of the most reliable brokers in the industry.
Thousands of people around the world can trade with Pocket Option, which offers more than 100 trading products and a range of payment alternatives for international investors. Creating your account on this platform is simple, so it's suitable for both novice and expert traders.
Types of trading
Pocket Option provides only one trade type. You can choose the high or low options when trading, so it's the most straightforward of all binary options trading types. All you need to do now is set up a limited time 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 provide a near-instantaneous payoff, making them excellent for traders aiming to profit quickly. These options might help you practice your strategy in a shorter time if you're new to binary options. Your timer should be set for at least 60 seconds. In case you prefer playing long games, you can choose the expiry time to up to four hours.
Special features
Different from other trading platforms, Pocket Option has special features to improve your trading experience. Here are some features you can access with your account:
Social trading
It's the most useful feature Pocket Option has. This feature allows you to follow other investors’ trading habits and the way to get successful results. By communicating with the most skilled traders, you can learn to emulate their trades for better odds on yours.
Achievements
Pocket Option organizes some tournaments, in which you can earn achievements. From that, you get trading advantages. With these achievements, you can enhance your trading experience and increase your odds of making a profit.
Indicators
Pocket Option shows indicators to help you know the trend when it turns, price increase or decrease. These indicators keep you up to date on when you’ll get the most out of a potential trade.
Pros and cons of Pocket Option
If you're a new binary option broker, you should try Pocket Option. There are lots of advantages of Pocket Option that sets it famous:
- Over 130 assets to trade
- Quick deposits and 24-hour withdrawal processing
- Social trading, tournaments, and achievements
- Minimum trades requirement: only $1
- Accepts traders worldwide
- Demo account with no sign-up commitment
However, Pocket Option still has some problems.
- Only one trading account is available
- High/Low is the only trade type
- Simple trading platform
Pocket Option promotions
Pocket Option offers many promotions right now, especially if you're a new trader. They will give you a Pocket Option promo code with a 50% deposit on your starting investment. The more you deposit, the higher that 50% bonus will be. Pocket Option requires you to join the trading market first. You can withdraw the bonus whenever you reach their stated level of trade.
Excellent customer service
Pocket Option provides 24/7 customer service, phone number, email, and address on the contact page. It's one of the best customer support services available in the trading industry. You can also connect them via social media, including Facebook, Instagram, Twitter, and others. On their website, they even offer a live chat system, so all you have to do is open it and start chatting.
Conclusion
Pocket Option platform makes all trades faster and simpler than most other brokers do. It's safe and suitable for both new and expert traders. We recommend Pocket Option as a reputable, reliable, and responsible broker for your binary options trading.
