Pocket Option is a relatively new binary options trading platform that has gained popularity for its user-friendly interface, competitive features, and wide variety of assets. Available in several languages and offering multiple account types, Pocket Option aims to cater to both beginners and experienced traders. The platform provides access to trading in forex, stocks, cryptocurrencies, commodities, and indices.
In this review, we will explore the key features, pros and cons, trading tools, account types, fees, and customer support available on Pocket Option to help you make an informed decision about whether it’s the right platform for you.
1. Company Overview
Pocket Option was launched in 2017 and is operated by Gembell Limited. While it is relatively young compared to some other brokers, it has gained traction in the online trading community due to its innovative features and ease of use. Pocket Option is primarily focused on binary options trading but has expanded its offerings to include other assets like forex and cryptocurrencies.
One of the standout features of Pocket Option is its accessibility, as it is available to traders in over 95 countries. However, it is important to note that Pocket Option is not regulated by any major financial authority, which could be a concern for traders who prioritize regulatory oversight for security and peace of mind.
2. Regulation and Security
At the time of this review, Pocket Option is not regulated by any prominent financial authority such as the Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC). This is a key consideration when deciding whether to trade with this platform. Regulation helps ensure that brokers operate transparently, protect client funds, and provide a certain level of consumer protection.
In terms of security, Pocket Option employs SSL encryption to protect traders’ personal and financial data, which is standard for many online platforms. However, the lack of regulation means there is no independent oversight, which could expose traders to higher risks in case of any disputes or issues with withdrawals.
3. Account Types and Minimum Deposit
Pocket Option offers multiple account types to cater to different levels of traders. These accounts vary in terms of minimum deposit, trading features, and available benefits.
Account Types:
- Basic Account:
- Minimum Deposit: $50
- Features: Access to all assets, standard trading conditions, and basic customer support.
- Silver Account:
- Minimum Deposit: $500
- Features: Lower spreads, higher payouts, and additional tools such as access to advanced trading signals.
- Gold Account:
- Minimum Deposit: $2,500
- Features: VIP support, faster withdrawals, and priority access to trading signals, as well as access to exclusive educational resources.
- Platinum Account:
- Minimum Deposit: $10,000
- Features: Personal account manager, higher trading limits, and exclusive offers for top-tier traders.
4. Trading Platforms
Pocket Option offers a proprietary trading platform that is web-based and highly accessible. The platform is designed to be user-friendly, with an intuitive interface that makes it easy for beginners to get started.
Key Features of the Pocket Option Platform:
- Web and Mobile Platforms: Pocket Option provides a web-based platform accessible via any modern browser, as well as mobile apps for iOS and Android devices. This allows traders to access their accounts on the go, from anywhere.
- Trading Options: The platform offers a range of binary options, including Call/Put options (the traditional binary options), Turbo options (with short expiry times), and High/Low options, allowing traders to choose from different trading strategies.
- Technical Analysis Tools: While the platform is simplified for binary options, it still provides useful charting tools, indicators, and drawing tools for those who wish to perform some technical analysis.
- Copy Trading: One of the most popular features of Pocket Option is its copy trading option. Traders can follow and copy the trades of more experienced traders in real-time, potentially making profits based on their trades.
5. Assets Available for Trading
Pocket Option provides access to a wide variety of assets, which gives traders ample opportunities to diversify their portfolios. The available assets include:
- Forex: Includes major currency pairs such as EUR/USD, GBP/USD, and USD/JPY.
- Cryptocurrencies: Pocket Option offers trading in popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP).
- Commodities: Traders can trade commodities such as Gold (XAU), Oil (WTI), and Silver (XAG).
- Stocks: A variety of stocks from popular companies such as Apple (AAPL), Tesla (TSLA), and Amazon (AMZN).
- Indices: Popular indices like NASDAQ, S&P 500, and Dow Jones are available for trading.
6. Trading Costs and Fees
Pocket Option is known for its low minimum deposit requirement and competitive fees, making it accessible to traders with smaller budgets. However, it’s important to understand the cost structure associated with trading on the platform.
Commissions:
- Pocket Option does not charge commission fees on trades. Instead, the costs are embedded in the spread (the difference between the bid and ask price).
Spreads:
- The platform offers tight spreads on most of its assets, especially for forex and cryptocurrency pairs.
Withdrawal Fees:
- The platform does charge a small fee on withdrawals, which can vary depending on the method you use to withdraw funds. The fee is typically around $1 to $3.
- Withdrawals can be processed via multiple methods, including bank wire transfer, cryptocurrencies, e-wallets (like Skrill and Neteller), and credit/debit cards.
Inactivity Fees:
- There are inactivity fees on dormant accounts that remain inactive for more than 180 days.
7. Customer Support
Customer support is one of Pocket Option’s strengths, with multiple ways to get in touch with the support team.
- Live Chat: Available directly on the platform for quick inquiries and support.
- Email Support: Traders can email customer service for more detailed support or inquiries.
- Phone Support: Available for urgent issues, though it may vary by region.
- Dedicated Account Managers: For Gold and Platinum account holders, dedicated account managers are available to assist with more complex queries and trading strategies.
Support is available in several languages, and the team is generally responsive, with most inquiries being answered within a few hours.
8. Educational Resources
Pocket Option provides a range of educational materials designed to help traders get started and improve their trading skills. The educational content is especially helpful for beginners but lacks depth for experienced traders.
Available Educational Resources:
- Video Tutorials: Pocket Option offers instructional videos that cover basic trading concepts, how to use the platform, and strategies for trading.
- Webinars: Occasionally, the platform offers webinars to help traders understand specific market conditions and trading techniques.
- Market Analysis: The platform provides market analysis and updates to help traders stay informed about the latest market trends.
However, for more advanced traders, the educational materials may not be as comprehensive as those provided by more established brokers.
9. Pros and Cons of Pocket Option
Pros:
- Low Minimum Deposit: Starting with as little as $50 allows beginners to get started with minimal risk.
- User-Friendly Platform: Pocket Option’s web and mobile platforms are intuitive and easy to use, especially for newcomers to binary options.
- Variety of Assets: A wide range of assets to trade, including forex, commodities, cryptocurrencies, and indices.
- Copy Trading: Allows beginners to follow and copy the trades of experienced traders.
- Customer Support: Multiple support options, including live chat, email, and phone support.
Cons:
- Lack of Regulation: Pocket Option is not regulated by major financial authorities, which may be a concern for some traders.
- Limited Advanced Education: The platform’s educational resources are more geared toward beginners, with limited content for advanced traders.
- Withdrawal Fees: Small fees for withdrawals can add up, especially if you withdraw funds frequently.
- Inactivity Fees: Charges for accounts that remain inactive for 180 days or more.
10. Conclusion
Pocket Option is a solid choice for beginner traders who want to explore the world of binary options and multi-asset trading. The platform’s user-friendly interface, low minimum deposit, and variety of assets make it an attractive option for new traders looking to get started in the world of online trading.
However, the lack of regulatory oversight and the platform’s focus on binary options trading may deter more experienced traders who are seeking more advanced features and protection.
Overall, Pocket Option is best suited for those who are interested in binary options and want a straightforward, easy-to-use platform. As always, it is important to do thorough research before committing to any platform and to be cautious when trading with unregulated brokers.

I’m a self-confessed Forex geek who spends countless hours researching, testing, and reviewing everything related to trading. With many years of experience in the Forex industry—and thousands of robots, brokers, strategies, and courses put to the test—I’ve seen what works and what doesn’t. My goal is simple: to share that knowledge with you for free, so you can navigate the exciting (and sometimes crazy) world of Forex trading with more confidence.




