Beginner’s Guide to Using the Pocket Broker App

Being able to use a versatile and accessible trading interface can make all the difference. In this piece, we’re going to show you how to get, set up, and use the Pocket Broker mobile app, especially for beginners, as well as walk you through its basic and extra features, along with its flaws and merits.

Pocket Option is available on Android, iOS, Windows, Mac, and the Web. You can trade a variety of assets, including stocks, forex, cryptocurrencies, commodities, and indices. The minimum deposit to start is just $5, though this may vary depending on the payment method. The broker also offers useful trading tools like technical analysis, news, social trading, signals, and bots.

How to Set Up a Pocket Broker App

iOS Mobile App

Unfortunately, it is unavailable as a dedicated app nowadays. Still, users have access through a shortcut in the Safari browser. To organize it on your smartphone:

1. Go to our website using the Safari browser on your iPhone or iPad.
2. Locate the Share icon at the bottom of the screen and tap it.
3. Choose Add to Home Screen: this will create a shortcut on your home screen.
4. You can name it by typing in Pocket Broker and hit Add.
5. Now, just tap the Pocket Option icon on your home screen to open the website directly in Safari.

This will give you the basic functionality of the mobile software although without push notifications. 

Android Mobile App

To install the mobile app:

1. Find it on Google Play. To do this, enter its name in the search: Pocket Broker – trading.
2. Check if your smartphone is compatible with the downloaded application: Requires Android 5.0 and up.
3. Complete the download: tap Install.

Registration on the Pocket Broker App

Immediately after setting up the app, the user needs to register to trade. Not only is the application installation easy, but navigation in the trading app is straightforward. It does not require any specific knowledge of binary contracts.

After opening the Pocket Option app, there will be a welcome Sign-in screen with two options: Registration and Log In. If you would like to register you have to type in your credentials: an electronic mail, access code, and promotional code (if you have one), as well as agree to the Public offer agreement. After filling out the form, you should hit the Sign Up button. As an alternative, you may sign up via your Google account. 

In case you’ve already registered on the platform and are not willing to use a Google account for login, type in your electronic mail and password in the designated fields, and click Sign In. 

Main Functionality of the Pocket Broker App

Once you sign up, you will be prompted to follow the tutorial and learn how to trade contracts, which is optional and you can decline the offer. 

According to the tutorial, your goal is to predict whether the price will go up or down. Sounds simple, doesn’t it? But before you start, make sure that you are in the correct trading mode. In order to do so, you should take a look at the upper right corner of the terminal screen. There you will see an inscription that shows whether you are using a real or demo account. If it says QT Real, it means that you are on a real account. You can either start with $50,000 in demo mode or a real account from just $5 of deposit. If you are a beginner, it is better to switch to demo mode. Just click on this section, select QT Demo from the menu, and you’re done. and you are done.

On the main panel of the terminal, you will find a list of assets that are currently active on the market. The good news is that all these assets can be traded on both demo and live accounts. This gives you an excellent opportunity to practice without the risk of losing money.

Now you need to decide how much you are willing to invest. We strongly recommend starting with small amounts. Many beginners invest large sums at once and then regret it if the market does not go as they expected. So start small to minimize possible losses and feel more confident.

The next step is to choose the duration of the trade. There are different time frames on Pocket Option: from 5 seconds to 4 hours. For beginners, we advise you to choose longer periods, for example, 30 minutes. This will allow you to take your time, carefully observe the price movement, and gradually understand the market trends.

By the way, you can make the trading process even more convenient by customizing the interface. For example, change the chart type, add indicators, or use tools for analysis. All this will help you better understand what is happening on the market and make more well-informed choices.

The last thing left is to choose Buy or Sell. Click Buy if you guess the price will rise, or click Sell if you think it will fall. Then, you have to wait a little while for the result.

You need to sign up to enter the binary options market with real capital. In order to accomplish this, use the Deposit button, which is in the side menu.

In the Deposit section of the mobile software, you can easily find and pick among several deposit options, including bank cards (Visa or Mastercard), e-payments, and cryptocurrencies (such as USDT, Bitcoin, LTC, etc.). Choose the option that suits you best. Immediately after funding your real account, you can start trading binary options. 

On the left side menu of the mobile application, other useful links are available. For example, a link to the Profile section with your personal data, or the Achievements section, where you can find out your level and see awards, as well as the Help section – gives you the opportunity to open a chat or write to technical support to solve problems.

Extra Features of the Pocket Broker App

In the Settings section, users can choose their trading mode, and languages, control the sound notification, select the suitable theme and indicators, as well as pick the AI mode to trade with assistance.

Another exciting feature of the mobile software is Pocket Friends which is a referral program that grants users the option to trade and earn bonuses together. In order to participate, you can generate a unique referral link and share it with friends. When someone you’ve invited makes a deposit of at least $10 and reaches a trading turnover of 15 times that amount, both you and your friend will receive trading bonuses. There’s no limit to how many friends you can invite. It means that the more people you invite, the more bonuses you can get. 

Also in the app, you will find a whole section for Social Trading for real accounts. You will see the number of users, what trades are open, and what volume they are, as well as watch specific traders as they open deals in real-time. If you click on the icon with a user’s profile (or his name in the table), you will find their statistics. Aside from that there are convenient filters, for instance, “Top ranked traders for 24h” or “Top 100 traders”.

Speaking of Merits and Flaws

When we examined this application, we found many useful functions. Unfortunately, there are always drawbacks, and Pocket Broker is no exception to this.

Pros

1. Demo account with a large virtual amount

The Pocket Broker App provides access to a demonstrational account with $50,000 in virtual funds. If you are just starting to learn binary options investing, you can try out techniques without investing your funds. For example, you can test different assets or time frames to see how the platform works.

2. Low Minimum Deposit

The minimum amount to open a live account is only $5. If you want to try real money trading but are wary of the risks, you can start with a minimum deposit and gradually increase it as you gain experience.

3. Extensive Asset Selection

The broker offers a variety of trading assets including currency pairs, stocks, cryptocurrencies, commodities, and indices. This allows users to diversify their investments. For example, you can trade popular pairs such as EUR/USD or choose exotic assets such as Bitcoin or gold.

4. Flexible expiry dates

Pocket Option offers trading periods from 5 seconds to 4 hours. This is suitable for both quick trades and longer-term trades. For example, If you prefer calm trading, you can choose an expiration of 30 minutes or 1 hour to avoid sudden market fluctuations.

5. Tools for analyzing and customizing

Clients can add the RSI (Relative Strength Index) indicator to the chart to determine whether an asset is overbought or oversold.

6. Referral Program

The Pocket Friends program allows you to earn bonuses for referring friends. If your friend makes a deposit and reaches a trading turnover, both of you will be rewarded.

To conclude all of the above-mentioned points and more, let’s organize everything into a table.

Benefit	Summary
Trial Account	Explore trading risk-free with $50,000 in virtual funds.
Small Opening Deposit	Begin trading with as little as $5.
Diverse Asset Options	Access markets like stocks, forex, crypto, and more.
Multi-Device Access	Compatible with Android, iOS, Windows, Mac, and browsers.
Social Trading Tool	Follow and replicate trades of skilled investors.
Smart Chart Tools	Analyze markets using various indicators and timeframes.
Risk Control Features	Use stop-loss and size your trades to reduce exposure.
Performance Insights	Review past trades with detailed statistics.
Contests & Rewards	Take part in events and earn bonus funds.
Learning Materials	Improve your skills with tutorials and strategy guides.
Integrated Trading Tools	Get signals, news, bots, and analysis tools built in.

Cons

1. Limited availability in some countries

For example, if you live in the United States or European Union countries, you may experience restrictions on using the Pocket Broker App.

2. High-risk binary options

If you bet that the price of an asset would rise but it fell, you lose the entire investment amount. This can be especially painful for beginners who do not use risk management strategies.

3. Minimum education level of users

If you do not know how indicators work or how to analyze the market, you will have to look for information on third-party resources.

Before you start trading, it is important to thoroughly learn the terminal, test it in a demo mode, and develop a clear risk management strategy.

Final Words

By combining a low minimum deposit, availability of demo mode, and analytical tools, the Pocket Broker app is a practical and affordable way to deal with many investment products on mobile, especially for novice clientele. Despite this, it’s crucial to keep in mind that investing always involves significant risks, especially when working with binary contracts. In order to minimize those risks, we advise traders to begin with practice mode, study the beginner’s guide in the app, and not risk too much money at the beginning.

FAQ

Does Pocket Option prioritize the security of its mobile users?

Indeed, the platform protects clients’ data and funds using: 2FA, and SSL encryption, as well as keeping user funds separate from operations ones and holding regular security audits.

Is the Pocket Broker app available for free?

Yes, that’s true. You can download and install the software on your smartphone at no cost.

Is there a copy signals feature on mobile?

Definitely, there is a dedicated section in the app where users can find and copy signals for successful trading on Pocket Option.

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