Introduction
Pocket Option is one of the popular trading platforms that trade in Binary Options. This broker has experience of more than nine years of with much successful trade. With this broker, you can access 100 different financial assets. It is managed by Gembell Limited company and headquartered in the Marshall Islands. This broker accepts clients from all over the world. Let's proceed with this binary broker review.
Features
- Pocket Options supports instruments like binary options, cryptocurrency, forex, stock, and many more.
- It offers the highest payout, up to 95%
- They are available 24/7 to resolve your queries via phone and mail.
- You can trade on this platform with a minimum amount of $1. This broker has a low trading amount compared to other binary brokers.
- They are compatible with any device and any operating system.
- Another exciting feature of this platform is bonuses. This broker offers many rewards to the trader to increase your deposit amount.
- You need to deposit a minimum of $50 in your trading account.
- Pocket Option offers a demo account to learn the interface and gain a live experience trading. Moreover, it provides educational material to study this platform well.
Now, let's proceed with the pros and cons of the broker.
Pros
- 100+ financial instruments are available to trade on this platform.
- The process of deposit and withdrawal is fast.
- Option for social trading is available.
- You can start trade with just $1.
- This broker accepts clients internationally.
- It requires only one trading account to trade in any instrument.
Cons
- It involves the risk of financial loss.
Safety precaution
As we have discussed in cons that it involves financial risk. So, to eliminate or reduce the risk, you should know the platform well. You can use the educational material provided by this platform. Make sure you trade with only 1 to 2% of your income to endure the losses.
Conclusion
Yes, you can make money with a Pocket Option. For that, you need to work hard and be consistent with the platform. Trading also tests your patience. All the best.