Introduction
2017 marked the debut of Pocket Options on the binary options market, where it immediately acquired a solid reputation. Pocket Option is one of the most reliable binary options trading platforms, although other online binary options brokers have a poor reputation. It is easy to open an account, and both rookie and experienced traders may use it. They give thousands of options traders an excellent trading platform. Pocket Options offers more than one hundred trading instruments and many payment options for global investors.
Pocket Option is a binary options broker that offers over one hundred underlying assets, including currency pairings, stocks, and cryptocurrencies. Over 95 nations and territories, including the United Kingdom, the United States, Europe, and India, offer clients access to regulated services. It is relatively simple to use and offers efficient customer service when required. However, one of its major drawbacks is that each user is limited to one trading account.
What is the minimum deposit requirement?
The pocket Option has a minimum deposit requirement of $50. The minimal deposit is consistent with industry norms. The minimum trading amount per transaction is $1.
They provide several deposit and withdrawal options, including debit and credit cards, Perfect Money, Advcash, and e-wallets.
Among the cryptocurrencies that traders may utilize to make deposits are Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Ripple, USDK, ZCash, Dai, Tether, and USD coin cryptocurrencies that traders may use to make deposits.
Withdrawal
The minimum withdrawal amount for live trading accounts is 10 USD, less than the bulk of binary options brokers’ minimum withdrawal amount. However, withdrawals may only be made in USD, as this is the only base currency supported by the Pocket Option.
How Do You Withdraw Money from the Pocket Option?
To withdraw funds, visit the “Finances” tab and select “Withdrawal.” Then, input the amount you desire to start, choose a withdrawal method, and follow the on-screen steps to submit your request. In most circumstances, the minimum withdrawal amount is $10, and withdrawals are handled within 24 hours to two business days.
Regardless of the chosen method, making deposits and withdrawals should be no issue. The withdrawal minimum is significantly less than the deposit minimum. For the transaction to be completed, you must withdraw $10 instead of $50. In contrast to other binary options brokers, they do not charge commissions or fees for these transactions. Keep currency conversions in mind. You should be aware of additional costs since many banks charge a fee.
Trade Types
Simple high/low options are offered as trading types by Pocket Options. High/low options are the most basic binary options trade type. You establish a time limit and forecast whether the asset’s price will be greater or lower than at the beginning.
High/low options offer almost instantaneous payouts, making them an attractive alternative for binary options traders. If you’re new to binary options, high/low options can help you perfect your strategy. Your timer can be set for at least 60 seconds. You may select the maximum expiration time of four hours.
Pocket Option is renowned for its large rewards on the market for binary options. The minimum percentage you may make is 50 percent. However, their average is considerably greater. Expected payouts for correct high/low predictions range between 80 and 100%.
The maximum payouts are 218%, much more than the industry average. Even the most reputed binary options firms offer no more than 200% returns.
Remember that high/low trading gives more rewards than ladder/pair options and other forms of binary options trading.
60-second high/low options trades are a great way to acquaint yourself with Pocket Option, and they may even generate big profits in minutes! However, trading high/low options is dangerous since a string of losing deals may leave you in the red rapidly.
Extras & Promotions
When establishing a real-money account with Pocket Option, you’ll receive a 50% bonus on your initial deposit—the more your initial trading capital, the greater your 50% bonus.
Pocket Option Promo Codes
Pocket Option currently provides one promotional coupon to its members. Customers who use the 50Start promotional code on their website will receive a 50% first-deposit bonus. Individuals who have never deposited into their accounts are not eligible for the promotional code.
You will also get access to extra specials and coupons throughout specified months. As a result, you must continue to look for promo codes for pocket option.
Verdict
Even though the main Pocket Option platform is web-based, you can also trade on your PC or mobile device. The app is available for both iOS and Android, which makes it easy to stay up to date on market news. Pocket Options has apps for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for both iOS and Android (MT5).
Because the trading platform is easy to use and works well on mobile devices, all of the online platform’s features can be accessed through the Pocket Option mobile app.
The program is free, and both setting it up and starting it up are quick. The iOS software works with iPads and iPods that have iOS 11.0 or a later version. If you use Android, you must have version 4.4 or later.