Pocket Option Review Pakistan
In 2017, the Pocket Option started its services. It is a trading site with everything the traders will need to make money in the trading market. Pocket Option offers beginners a demo trading account and free analytical materials and education for all the traders. In addition, pocket Option Pakistan offers its online trading platform to Pakistani traders for Binary Options and Digital Options trading in Pakistan. Our team has thoroughly analyzed Pocket Option to present this Pocket Option Review Pakistan.
Pocket Option in Details
Pocket Option’s intuitive platform allows seasoned and Pakistani 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
Pocket Options, owned by Gembell Ltd., entered the world of binary options trading in 2017. It has made a splash in the market ever since. Pocket Options broker is regulated by the International Financial Market Relations Regulation Center (IFMRRC), located in the Marshall Islands.
There is a bad reputation in the market due to the high-risk involvement of binary options trading. But Pocket Options has changed all of the rumors. It is one of the most trusted brokers in the industry. It is easy to create an account here, and the platform has become a great convenience for both new and experienced traders.
This has more than 100 assets available for trade. It is a comprehensive payment system for international investors. Pocket Options has provided trading opportunities to thousands of people worldwide. This Pocket Options Review Pakistan will help you decide if you want to be one of them, as we take away the resources and other special features of the type of accounts you can get on their platform. Check out other Online trading platforms available in Pakistan.
Pocket Option Review Pakistan – Trade Types
Like their account, Pocket Options offers a trade type. However, they offer the fastest way to get an impressive payout.
Pocket Options make trading easy with high/low options, the easiest of all binary options online trading types. All you just have to do is set a deadline for yourself and predict that the asset’s value at the end of the period will be more or less than the time you started the watch.
Now, the high/low options make for a near-instant payout, ideal for all the traders looking to make quick money. If you are unfriendly with how binary options work, high/low options can help you develop your strategy in a short period. You can set your time to a minimal of 60 seconds.
- Maximum Profit: 96%
- Minimum trade: $1
- Minimum deposit: $50
- Assets: 100+ Crypto, Stocks, Commodities, and Currency Pairs
- Platform: Web, Android, iOS, and Windows
Pocket Options trading makes high payments in the binary options market. The minimal you can get is 50%, while their average is much higher. So for successful low/high predictions, you can usually expect to get 80% to 100 % payouts.
The Pocket Options Trading website says that you can get up to 218% payout. However, even leading binary brokers usually announce a maximum payout of only 200 percent.
Note that high/low trading, in general, pays you more than other types of binary options trading, such as ladder/pair options. Trading 60-seconds with high/low options can introduce you to the Pocket Options platform and increase your trading account balance in minutes. However, it is crucial to be careful with high/low options and many unsuccessful trades that can quickly get you into the red.
Pocket Option Review Pakistan – Bonuses and Promos
When you sign-up for a live account with Pocket Options, they will give you a 50% deposit bonus on your initial investment. Of course, the more you deposit as your initial investment, the higher the bonus will be 50 percent.
Assuming you can’t withdraw the bonus before you start your trading. Since some traders may know that they can sign up to withdraw that bonus with their initial investment, Pocket Options indicate that you must first participate in the trading market. Then, once you reach their specified trade level, you can withdraw the bonus.
POCKET OPTION REVIEW PAKISTAN – Open the Account
When you sign up for a broker, you need to read many details and spend time deciding which type account is best for you. The analysis may include determining whether to be conservative with a preliminary identification account or to pay more to maximize the benefits of the broker.
Trading is easier with Pocket Options. You can efficiently train or trade for real currency. You can either start trading with a free demo account and trade with virtual funds or create a live account with real assets. If you like one real account, it becomes equal, and you can trade so that everyone has equal rights.
If you are worried about all-in with a real account in the pocket option, you can try using their demo account. You do not have to register to use it. Instead, you can go to the Pocket Option website and click on the demo account button to get $ 10,000 in the virtual fund that you can use to trade.
Try the free demo account before committing to real money, even a seasoned trader. After all, if you decide that you do not like the platform, it is much easier or less intuitive than your choice. It is much easier to withdraw all your funds and close the practice account than a live account.
On the other side, if you are new to the binary options trading, a demo account will give you enough experience to understand if you want to continue your trading. Also, with the user-friendly trading platform of Pocket Options, you will quickly find that you can handle something more complex.
For those traders who want to jump directly into the Live Binary Options Trading Marketplace, you can open a live account for $50. You may want to start with a free demo account and then move to a live account. First, however, you are advised to use a trial account to familiarize yourself with the new platform regardless of your skill level.
As long as you don’t open a live trading account, you can start trading at as low as $ 1, and you can trade over 100 different trading instruments, including stocks, indices, commodities, and currencies. The Tournament, Cashback, Indicators and Signals, Social Trading, Achievements, and a comprehensive educational support section are just a few of the account features you can access.
Pocket Option Review Pakistan – Mobile Trading
While the leading platform for Pocket Options is on the web, they also have mobile and PC versions. For example, ITTrendex, LLC’s mobile app is available for Android and iOS. So you can keep track of the market on the go—no matter what type of device you have.
Pocket Options mobile trading app has the same features as the online platform. However, since the platform is already straightforward, it translates well into mobile trading. The process is the same as the high/low options, and the interface installs and starts quickly. In addition, the app is free, so you don’t have to worry about any additional costs to carry your investment with you.
The iOS app only requires iOS 11.0 or later, so you can use it on an iPad or iPod touch. If you have Android, you will need Android 4.4 or later. The pocket option gives you a lot of choices about how, when, and where you want to trade — even if you are hoping for a tiered account, there are other areas where you can make the most of your experience.
With over 130 assets, Pocket Option has a fantastic selection. Those assets are broken up into 5 categories:
As a new online broker, Pocket Options has entered the binary options market with many famous assets, including cryptocurrencies like Bitcoin and Etherium. And other brokers have excluded them from their list of assets, excluding a broader population of technology-savvy traders.
On the Pocket Options trading website, you will find their trading schedule, including a short list of currently traded assets. The program also shows the general and OTC resources and everyone’s working hours.
Pocket Option Review Pakistan – Deposits and withdrawals
Deposits and withdrawals are straightforward. After registering on their website, verify your form of payment and provide valid identification. Now, you can start with a minimum deposit of $ 50 or more.
You can use various payment types to put funds into your account, from credit cards to cryptocurrency. Pocket Option allows almost any primary form of payment, including:
- Debit Card
- Bitcoin Cash
Although these are the most used options, you don’t have any problem depositing or withdrawing funds regardless of your preferred method.
In addition, the minimum withdrawal deposit is much lower than the minimum. Instead of $ 50, you only need to raise $ 10 for a valid transaction. Unlike some trading brokers, they do not charge commissions or fees for these transactions. Precisely what you withdraw goes to your bank account or card.
Be careful about currency conversions, though. Some banks charge a fee for them, so if you want to make a hefty profit, ensure you are aware of the extra charges outside the Pocket options platform.
Pocket Options has lots of unique features to enhance your trading experience. With a live trading account, you’ll have access to features like:
Social trading is one of the most workable features of Pocket Options, especially for new traders. It lets you keep an eye on other investors’ trading habits and see which yields the most successful results. In addition, Once you find the most skilled traders, you can learn to imitate their business for the better adversity in your case.
Pocket Options Tournament accepts you to compete against other Pakistani traders for bonuses. Of course, it is not like social trading since the latter is not a competitive system. But you’ll still see how you stack up against other trades.
In trading tournaments, you have the opportunity to win bonuses and achievements. Rewards vary, but some can deposit up to 50,000 USD into your account, which you can then use to trade.
Rewards and Bonuses
Pocket Options trading platform is not a fancy badge to show off your online trading skills when you gain through tournaments. Achievements can be as effective as $ 50,000 in prize funds. Also, you will get trading benefits.
You can quickly get trading funds, a payout percentage bonus, and other benefits that accept you to improve your trading experience. And also increase your chances of making a profit.
Pocket Option Review Pakistan – Customer support
You don’t have any problem connecting to Pocket Options Customer Support as all their contact information is easy to find on their website. They provide 24/7 hour customer service, and their phone number, email, and address are all available on their contact page.
You can find them on various social media platforms, including Instagram, Twitter, Facebook, etc. They even have a simple live chat option on their trading website, so all you have to do is open it and get started.
To get in touch with them via phone, email, or at their physical address, use this information:
- Email: firstname.lastname@example.org
- Phone: 1 (800) 982-1251
If you’re thinking of trying a new binary options broker, we want to ensure they have enough features to give you the excellent trading experience you can get. So check here. What does Pocket Option have that sets it apart from the rest?
- Regulated and reliable
- Over 130 assets to trade
- Social trading, tournaments, and achievements
- 50 % deposit bonus with your initial investment
- $1 minimal trades
- Instant deposits and 24-hour withdrawal processing
- Demo account with no sign-up commitment
- Available in 22 languages
- Accepts traders from the US
Pocket Option is not without its problems despite its appeal with tons of assets and unique features. So let’s look at what might hold you back from trading with them.
- It is not licensed by the Cyprus Securities and Exchange Commission (CySEC)
- High or Low is the only trade type
- Only one type of trading account to trade with
- Simple trading platform
Pocket Option Review Pakistan – Final Thoughts
The intuitive platform of Pocket Options allows both seasoned and novice traders to trade faster and pay higher than other brokers. In addition, they provide bonuses beyond the initial 50 %, which means you have so many opportunities to increase your winnings.
Registering with the Pocket Option is easy, and you can test the platform with a demo account before committing. No matter where you use Pocket Options, you have the same access to all of their features and tools. As a result, we feel comfortable recommending Pocket Options as a reputable, reliable, and responsible broker for your binary options trading.
However, you must keep in your mind that trading involves risk. Hence you should first practice in a demo account and develop a good risk management strategy. The best traders in Pakistan don’t usually trade more, they trade only the high probability trades and manage their risks well.