|Binary options broker|
|Date of foundation|
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands
|The owner of the company|
|Types of support|
Email: [email protected]
Feedback form on the site
English, French, Italian, German, Korean, Turkish, Malaysian, Spanish, Estonian, Indian, Russian, etc.
Author's platform, MetaTrader 5 (PC, Web, Mobile)
|Min. first deposit|
From 50 USD
From 1 USD
According to the rules up to 3 working days
To 90 %
|Free Demo Account|
|Types of options|
|Types of accounts|
Wanderer, Novice, Beginner, Experienced, Master, Professional, Guru
|Methods of replenishment|
Qiwi, Webmoney, VLOAD, Perfect Money, Cryptocurrencies
Qiwi, Webmoney, VLOAD, Perfect Money, Cryptocurrencies
|Number of assets|
|Types of assets|
|Number of indicators|
EUR, USD, GBP
From 1 minute to 4 hours
|Tournaments / contests|
RegistrationUp to 80% of profit
50% deposit bonus
Yield to 90%
Advantageous terms of cooperation
Training and analytics
Available minimum deposit
Passive income 10% per annum when holding assets
Mining crystals under license
Legal name: Gembell Limited
Legal address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands
|Date of update|
PocketOption is it a scam? Reviews and description
The PocketOption Binary Options Broker is owned by Gembell Limited company registered in the Marshall Islands offshore jurisdiction. Despite the possibility of using the website pocketoption.com in different languages, the public offer agreement is presented by the company in English.
Still, is PocketOption a swindle or a binary options broker worthy of your attention? We answer these questions in today’s review.
PocketOption trading conditions
The PocketOption Company offers its clients simple and clear terms of binary options trading. The broker has assets in his stock, the list of which includes both the most popular and exotic currency pairs, commodities (gold, oil), cryptocurrencies, as well as a significant number of shares of American and European companies.
The company also offers its clients the opportunity to use the complementary services of the website pocketoption.com, such as free signals, social trading, participation in tournaments. Also important is the fact that any client of the company who wants to get acquainted with the rules of service, can do it easily and simply by reading the Terms and Conditions.
The well-designed interface of the website and online platform provided by PocketOption allow any client to easily find the necessary information here. Intuitive web platform will allow you to make transactions without the need to learn its functionality. Moreover, the company offers its users the opportunity to use a demo account, which will allow the client to try his or her hand at it without investing his or her own funds, trading tips, and a training course on the platform (binaries trading training).
The trading platform from the company PocketOption is one of the most convenient among binary options brokers. It is an author’s product that was developed and implemented on the platform of the company. Its convenience consists in the possibility of using the terminal in a web browser from any computer without the need to install additional software, and in the number of presented instruments, high comfort of working with them.
One of the important advantages of the platform is the presence of a significant number of indicators for binary options compared to competitors, among which there are oscillators that open in a separate window under the main chart. Such a set of instruments allows the company’s clients to perform their transactions more confidently, filtering the true signals from the market noise inherent in the market.
Also, the PocketOption terminal has a standard package of tools for graphical analysis, ranging from simple horizontal lines to the possibility of overlapping on the chart of Fibonacci levels. However, it is worth noting that, despite the convenience of using the web terminal, the client will need to provide a stable Internet connection in order to ensure that failures in its work do not affect the results of trading.
Also, one of the important points is that the company offers binary options with different expiry dates – from 1 minute to 4 hours on its platform. Such an opportunity can be used not only for short-term risk hedging when buying a particular instrument on the market, but also for long-term investments. Talking about hedging in more detail, it should be noted that such a strategy is considered to be a standard one for large management funds, which, by acquiring a certain asset, insure themselves by purchasing an option directed in the opposite direction. Of course, in such strategies large companies use real market option contracts. However, the time period of 4 hours offered by PocketOption allows any trader to try and test professional methods of capital management.
Advantages of the PocketOption terminal:
- Reliability, stability, security.
- Availability of a demo account at PocketOption.com.
- Intuitive platform interface.
- Ability to add indicators to the chart for market analysis.
- Large selection of different assets (currency pairs, indices, stocks, cryptocurrencies).
- Choice of exposure (1 minute to 4 hours).
- Availability of signals, analytical and training materials.
PocketOption does not disclose any quotes on its quote provider’s website. Moreover, the company notifies the client in advance that if the client starts working in the terminal, accepting the Terms and Conditions offered by it, then any comparison with other quotes (possibly, charts from the exchange) are not taken into account. The data provided by PocketOption are accepted as unconditionally correct and not subject to discussion.
PocketOption demo account
A demo account for options trading is available on the platform. One of the advantages is that in order to use the demo account, the client only needs to switch to the demo mode on the website pocketoption.com without having to fill in the registration form or enter any contact information.
However, the demo mode of the platform from PocketOption is aimed only at familiarization with the program interface. In order to help the trader, a guide through the platform is connected, which shows the client its main features in a few steps. At the same time, it is not possible to evaluate the client’s analytical skills using the demo mode, as the quotes stream in this mode is emulated randomly. Even by including a demo account at the weekend, the client will be able to see the changing charts of instruments that are not currently traded on the exchange due to its closure.
Thus, it is absolutely impossible to check how the emulated chart moves and how the deals made in the demo mode are executed. After all, if the program in the demo mode is programmed for the mandatory movement of the chart in the direction of transactions, it can greatly change the subjective assessment of the client’s skills, which in the future will lead to a loss of money when moving from the demo to a real account.
Pocket Option mobile application
Following the trends in the industry, the company provides its clients with the opportunity to trade using mobile applications. From the company’s website you can switch to marketplaces Google Play and App Store where you can download applications for iOS and Android.
Clients of the company at the first replenishment have an opportunity to increase their deposit twice, using bonus funds provided by PocketOption. This bonus is available only to the clients who deposited here for the first time (the best bonuses of binary brokers).
Deposit and withdrawal
The possibilities of depositing and withdrawing funds in the company are presented in various ways – from payment systems to mobile transfers and cryptocurrency wallets (Bitcoin, Ripple etc.)
- Bank cards Visa, MasterCard.
- Bank transfers.
- Mobile transfers.
- USD Techer etc.
The funds replenishment mainly takes place in the automatic mode. However, in case of failures in the system and the need to make a payment manually, the project may require the client to provide information about the date and time of transfer, the name of the payment method, the identification number of the transaction, the sender’s and recipient’s wallets.
Withdrawal of funds under the terms of the public offer, published on the site PocketOption.com, is always made in the manual mode and is carried out within 3 working days. However, the company reserves the right to increase this period up to 14 days, after notifying the client. At a withdrawal of funds the client should use the payment system used by it and for replenishment, the minimum sum of replenishment thus makes 50$, and the minimum withdrawal sum is 10$.
Complaints against PocketOption
Complaints on PocketOption in a network fluctuate from extremely negative to very positive. This situation is common in the sphere of binary options (the basis of binary options). Negative reviews are almost always the same and similar to similar reviews and other platforms of this type. In particular, a lot of feedback starts with the banal blocking of accounts by a broker when trying to withdraw money, with requesting documents to the extent of 2NDFL (income tax certificate) for the withdrawal. At the same time, according to the description of such situations, the broker does not refer to the points of the agreement in any way, does not try to justify its position.
Positive reviews are also available and not few of them, they usually look the same and sound one-sided. Clients who leave these reviews, talk about long-term cooperation with the company, rapid withdrawal, quality training, interesting platform, often praise it, comparing it with other brokers.
PocketOption broker regulator
PocketOption User agreement
«User Agreement» is a document that in most cases helps a potential client to form an informed opinion about the company, to know clear rules of work with it, which can help him to avoid negative situations in the future. Let’s review the user agreement of the PocketOption company, which is a public offer agreement and is located on the website pocketoption.com. Let’s start with the fact that any client of the company should be ready for the fact that the company can request from him a package of documents confirming not only his identity, but also his financial activity (paragraph 2.2.3.). At the same time, the company does not provide a list of possible documents in its offer:
Already in the next paragraph 2.3. the company notifies its client that he can have only one trading account, and in the case of an attempt to register a trading account again, it is not only entitled to terminate the contract unilaterally, but also to reset the trading account, regardless of whether there are earned funds or just funds that have never participated in trading operations:
Further, in its public offer agreement, the company discloses the issues directly related to trading. In particular, Clause 2.7. notifies the clients that it carries out quotations using its own sources of quotations and no other sources of quotations can be taken into account in case of disputes. In simple words, the chart in the company may differ from the real exchange prices:
In p. 2.9. the company prohibits the client from resorting to any type of fraud, which, by a strange coincidence, includes hedging of transactions. Having deepened in history of occurrence of option contracts, it is necessary to notice that the main purpose of their occurrence was hedging, that is insurance of risks. But, judging by this point, the company requires customers to use the contracts provided to them for other purposes than those generally accepted:
The next paragraph 2.10. of the contract is quite peculiar. It states that the company reserves the right not only to terminate the contract, but also to nullify the results of trading the client, if it discovers unfair attitude of the client to the company. Unfair attitude not only includes, but is not limited to insulting employees, publication of negative feedback, etc.
Clause 2.11. states that the company may prohibit its clients from using the possibility of copying transactions of other clients within the framework of the services provided, if the client will trade small bets:
P.4.2. concerning the provision of quotations discloses the formula used to form the data to be transmitted to the terminal. They are formed at a price that also differs from the brokerage services industry price. This confirms the impossibility of using market analysis methods on the platform, as different quotes with exchange quotations will significantly reduce the probability of implementation of analytical forecasts:
P.4.8. informs the client that the amount of premium in case of a positive outcome of the transaction is not fixed, but determined by the company in percentage, which the client can see immediately before the transaction. That is, perhaps, the premium in certain cases can be much less than originally declared:
Confirms the above paragraph of the following paragraph 4.11.2., which reveals the above assumptions directly. In turn, this situation suggests that all the conditions, which can be interpreted in two ways, will eventually be interpreted in favor of the broker:
P.5.3. informs the client that the deal opened by him at one price can be executed at another, less profitable. But in this case the reason for this may be the incorrect operation of the software or hardware:
Is Pocket Option a scam?
Having considered more closely the activity of the broker PocketOption, it is possible to notice – despite the fact that he has started to work not so long ago, however he is ready to offer the client a number of possibilities for earnings from binary options. An interesting platform for work, the author’s terminal, a lot of options for replenishment and withdrawal of capital, the option of social trading, demo trading, etc. – All this shows that the project has been prepared seriously enough to work on the market, it has a number of differences from other companies that provide their services to clients for a much longer period of time. There are also opportunities for training in trading on the platform, clients are provided with analytical materials.
Note that the non-disclosure of information about the liquidity provider, the own scheme of calculating the quotes indicate that the broker may have a lot of opportunities to get rid of the unwanted client, citing fraud or just drawing him a non-market quote, as a result of which the client will suffer a loss. Should we definitely conclude that this is a fraudster? A number of brokers, including those who have an official registration in our country, do not provide data on quotes in order to maintain commercial secrecy. Of course, working on the platform is always a risk, it is important to follow the terms of the contract, to understand that the company monitors the activities of customers.
It should be noted that there are different reviews of the project in the network, but most of them are still positive, which also allows you to trust the company. Regulation is also an element of trust, allowing you to work here safely. PocketOption is a swindle? Although the company has yet to show its full potential in the market, it already has the potential to do so.
Trading binary options is especially popular today because of the simple principle of work. PocketOption is a new broker of the market, which is ready to offer a trader a number of opportunities to earn money from investing in options. Is it worth trusting this novice project? How will he show himself in communication with a real client? These questions have yet to be answered, but we hope that the broker plans to achieve serious results in the market, to gain the trust of clients.
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- Blocked for no reason 11 December 2021 at 18:51
- Another withdrawal of 770 bucks 15 November 2021 at 12:59
- Well what can I say, I have... 29 September 2021 at 10:38
- I tried a lot of brokers and... 3 September 2021 at 21:36
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- As promised, I continue to report withdrawals 12 April 2021 at 12:55
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- I am satisfied with my trading at... 9 March 2021 at 11:39
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- I like that PocketOption has an opportunity... 11 January 2021 at 11:12
- There was a delay in withdrawal, turned... 16 December 2020 at 09:47
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- I trade actively on the PocketOption platform 5 November 2020 at 06:18
- I can even see how custom-made trolls... 26 October 2020 at 12:09
- Not a penny was withdrawn, the trader... 20 October 2020 at 09:07
- A scam, they blocked the account and... 20 October 2020 at 09:05
- The new profit withdrawal of 400 dollars 19 October 2020 at 10:06
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- I like trading with Poket. A comfortable 29 September 2020 at 08:06
Guys, don't look at this broker. I...
26 September 2020 at 20:05
- 17 October 2020 at 04:59
- I tried PocketOption and liked it. Today... 23 September 2020 at 07:23
Blocked my account with more than $3,000...
21 September 2020 at 09:46
- 23 September 2020 at 19:19
- I checked PocketOption well. I checked it... 17 September 2020 at 06:36
- Yes, PocketOption is the leader at the... 7 September 2020 at 08:45
- I will only say one thing. Is... 2 September 2020 at 08:09
- I brought $ 5,000 to the broker 26 August 2020 at 09:02
- I have been trading at Poket Option... 24 August 2020 at 08:36
- I love trading at Poket Option. There... 19 August 2020 at 08:28
- I'm most happy that the poket has... 10 August 2020 at 07:56
- Yesterday took out a profit of 300... 4 August 2020 at 12:06
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- Binary options were banned in Italy and... 21 July 2020 at 08:16
- Several times they were drained at one... 14 July 2020 at 16:44
- The pocketoption trading guides and strategies are... 14 July 2020 at 08:23
- Not a bad affiliate program, if there... 6 July 2020 at 08:30
- I like PocketOption social trading, lots of... 29 June 2020 at 09:01
- I have been trading for several months 23 June 2020 at 08:45
- There is a license, which is not... 16 June 2020 at 09:46
The platform works efficiently, in less than...
13 June 2020 at 09:36
- 26 July 2020 at 15:57
- The most reliable platform with very generous... 2 June 2020 at 08:12
- Another withdrawal of 15k. Ordered last night 26 May 2020 at 05:37
- I have been trading forex for almost... 18 May 2020 at 08:44
- There are binarys that suck, there are... 13 May 2020 at 08:29
- Good broker recommend:)... 6 May 2020 at 11:54
- I learned to trade on this platform... 4 May 2020 at 08:19
- I'm the only one who trusts me 27 April 2020 at 08:28
- https://www.youtube.com/watch?v=ZXJATozR11g&feature=emb_rel_end Has this video been commented on... 23 April 2020 at 18:25
I've been trading for a few months...
23 April 2020 at 06:08
- 4 May 2020 at 17:40
- 11 September 2020 at 23:22
- 16 September 2020 at 11:37
- I am a gambling person and I... 16 April 2020 at 08:43
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It's a trick, at least on these...
7 February 2020 at 17:34
- 17 February 2020 at 10:55
- 18 May 2020 at 13:57
- 22 April 2020 at 14:36
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- Once again convinced that the company is... 9 January 2020 at 08:22
As expected, I had my account completely...
25 December 2019 at 13:32
- 17 February 2020 at 10:56
- 13 May 2020 at 22:19
- Very fast verification, I was surprised that... 24 December 2019 at 08:07
- As long as I trade here, never... 19 December 2019 at 08:35
- The real deal breakers. Made Black Friday 17 December 2019 at 12:09
- The money came only on Monday. it... 9 December 2019 at 08:27
- Today I ordered the second withdrawal, I... 2 December 2019 at 07:35
- The robot from the article cannot be... 30 November 2019 at 13:58
- I am satisfied with everything, but I... 25 November 2019 at 07:57
- I have been working in this company... 18 November 2019 at 09:19
- I fell for the Binomo advertisement, in... 11 November 2019 at 09:25
- I have not been on binary options... 5 November 2019 at 08:17
a scam for suckers 100% you will...
3 November 2019 at 06:11
- 22 April 2020 at 14:39
- Only two weeks ago complained that the... 30 October 2019 at 08:58
- I liked the service of social trading 23 October 2019 at 09:05
- I did not notice any movements against... 17 October 2019 at 09:12
- I'll tell you what I think, PocketOption... 15 October 2019 at 10:41
- after the first withdrawal draw a chart... 14 October 2019 at 17:06
- First the platform began to glitch, now... 11 October 2019 at 20:46
- The platform is normal, I trade safely 10 October 2019 at 09:00
- I got my payout today, I ordered... 7 October 2019 at 08:26
- I got hooked on Binomo's advertising, started... 1 October 2019 at 13:18
- Pretty quickly responded to my request and... 27 September 2019 at 07:51
- The technical support is disgusting, you can't... 24 September 2019 at 14:42
- Everything here is even, I checked. They... 24 September 2019 at 07:52
What does this have to do with...
18 September 2019 at 06:31
- 18 May 2020 at 14:02
- I withdrew $200 today, it was withdrawn... 11 September 2019 at 09:58
- I liked the indicators and pretty smart... 10 September 2019 at 06:52
- I tried to trade on several platforms 26 August 2019 at 10:06
- It's very convenient that the Pocket platform... 22 August 2019 at 10:01
- Hello, everyone. Decided to make an expansion... 14 August 2019 at 08:29
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- Everything here is straightforward, I recommend it 8 August 2019 at 08:43
- I trade now only in Poket, as. 5 August 2019 at 12:38
The broker works and withdraws without any...
5 August 2019 at 11:44
- 18 May 2020 at 14:03
- No, everything is normal here, I advise... 31 July 2019 at 08:42
- What does this have to do with... 29 July 2019 at 08:55
- Great platform with normal support. I liked... 18 July 2019 at 07:47
I will leave a comment), i left...
11 July 2019 at 17:38
- 13 July 2019 at 08:52
- I have been a Pocket Option customer... 9 July 2019 at 07:37
- All those who write bad comments are... 2 July 2019 at 09:35
- I can't say anything about other binary... 25 June 2019 at 07:59
- Well that the owner of the site... 22 June 2019 at 11:32
- Quite a normal company. It withdraws money... 20 June 2019 at 08:38
I went to see how my deal...
18 June 2019 at 00:50
- 20 June 2019 at 08:39
- A solid A. I won't write any... 11 June 2019 at 09:15
- I tried a special trade in the... 28 May 2019 at 07:30
It's a scam and nothing but a...
27 May 2019 at 19:46
- 28 May 2019 at 08:14
A great company that pays out profits
21 May 2019 at 06:22
- 23 May 2019 at 14:30
- 11 June 2019 at 09:17
- 26 May 2019 at 16:30
- 11 June 2019 at 09:18
- 18 May 2020 at 14:05
A bribe-generating kitchen. Donkeys like Sargis with...
11 May 2019 at 12:31
- 11 June 2019 at 09:17
- 12 July 2019 at 06:14
- 5 September 2019 at 21:22
- We are waiting for your reviews about... 2 May 2019 at 11:07