Brokers are essential players in the financial markets, facilitating the buying and selling of assets like stocks, bonds, commodities, and currencies on behalf of individuals and institutions. They provide valuable research and advice, making them important partners for anyone looking to invest. Stockbrokers, in particular, act as intermediaries between markets like exchanges and the general investing public.
People may quickly trade stocks, bonds, options, futures, and other assets using a brokerage app, allowing them to diversify their investment portfolios and seize numerous market opportunities. In addition, investors may easily access the markets and manage their assets from their mobile devices or PCs with the help of a brokerage app. Without being constrained by a physical location or by conventional trading hours, this accessibility enables people to keep up with the news, keep an eye on their portfolios, and make trades while on the road.
Now, if you're someone who is looking to manage your wealth portfolios or investments, or even have an interest in trading opportunities, then Pocket Option would serve your purpose.
Launched in 2017 by a team of dynamic Fintech experts, Pocket Option was founded with the intention of delivering transparent and convenient trading services. Since its inception, the company's main goal has been to offer the most innovative trading experience for its clients. It is one of the fastest-growing platforms, with more than 10 million registered users and availability in more than 95 countries and regions.
In this article, we will cover information about Pocket Option and why it is the best option to choose for your trading solutions.
What is Pocket Option?
Pocket Option is an online trading platform that provides individuals with opportunities to engage in various financial markets, including binary options, forex, cryptocurrencies, stocks, and commodities. It is designed to be user-friendly and accessible, catering to both novice and experienced traders.
Pocket Option is fully licensed and is available worldwide. It offers a web application that is accessible on any device, including iOS, Android, and web browsers, and also offers a Telegram bot that users can subscribe to.
In 2017, Pocket Option began as a website offering social trading and affiliate programs. As the company grew, it introduced new types of trading, including Tournaments, and Market & Achievement, which they launched in December of the same year. In response to the digital revolution, the company released a mobile app for Android, iOS, and Windows in 2018, which quickly became popular among traders.
Pocket Option continued to improve its services, adding new interfaces for promo codes, indicators, and drawings, and implementing multiple charts layout support to enhance account security in mid-2019. In 2021, Pocket Option expanded to India and introduced local payment methods for its Asian clients. The company also introduced premium services for VIP clients. In 2022, Pocket Option established Crypto as a new trade asset, providing traders with an opportunity to generate passive income.
Pocket Option believes in the following Core Values:
- Customer Loyalty: Empowering customers by building lasting connections through attentiveness.
- Sustainability: Building a collaborative and encouraging atmosphere.
- Driving Innovations: Leading the industry by introducing fresh, cutting-edge features and establishing trends.
- Integrity: Dedication to always following international laws and customs that are advantageous to both the business and its customers.
- Truly Social: Establishing a social and comfortable environment for its clients.
- Shared Success: Making trading simple and accessible for its users throughout the world, enabling them to take advantage of the financial markets whenever and wherever they choose.
How Does Pocket Option Work?
To start trading with Pocket Option, users can easily register using their Gmail or Facebook account. After registration, the next crucial step is the verification process to ensure compliance with financial laws and AML standards and keep their account and funds safe. Once verified, users gain access to all features of the platform and can choose from various deposit options. After selecting the preferred deposit method, users can follow the on-screen instructions to complete the process. The time for the transfer to reflect on the user's trading account will depend on the chosen method.
Next comes the ultimate step, and that is Trading. Trading on the Pocket Option is straightforward. In order to start trading, users have to choose the trading type, be it digital or forex, followed by selecting a trading asset, and lastly, selecting the chart type. Thereafter, users can now make profits based on their chosen trading asset. Whatever profit is generated, it will be automatically added to their account balance. If a user wishes to withdraw, they can do so in their trading account whenever they want without affecting their amount. Furthermore, users can go through the Platform Guide to learn more about Pocket Option's trading services.
Why Choose Pocket Option?
One of the best benefits of the Pocket Option for beginners is that the minimum investment amount is $5. There are many benefits of choosing Pocket Option, and these are:
- Beginner-level users can explore trading opportunities with a $1 minimum trade amount, even though they have a demo account.
- There is $10,000 virtual money on your demo account. A demo account operates the same as a real account, making it a good choice for beginners to practice trading. As a result, there is no risk of losing the amount.
- They offer diverse trading instruments for any trader, such as cryptocurrency, currency, commodities, stocks, etc.
- By choosing alternative color schemes, chart types, and layouts per their tastes, traders may personalize their trading experience. This contributes to a comfortable and customized trade experience.
- Each section on Pocket Option contains a tutorial, video lessons, webinars, and various trading strategies, which can greatly help many users to enhance their knowledge and skills.
- Hassle-free deposits and withdrawals allow users to have a convenient payment method. There are over 50 payment methods that are available on Pocket Option depending upon the location.
- It delivers a satisfactory trading experience for users by giving them cashback and other advantages with lower risks.
Pocket Option strives to create a user-friendly and accessible platform for people to engage in various financial markets. It offers a range of features and resources to enable traders at all levels of expertise. While Pocket Option is a great trading platform to start your trading journey, it is essential to educate oneself about the market and the risks involved before jumping into any trading activities.