{"id":7861,"date":"2023-04-05T03:32:44","date_gmt":"2023-04-05T03:32:44","guid":{"rendered":"https:\/\/www.wallstreetzen.com\/blog\/?p=7861"},"modified":"2025-09-17T20:47:59","modified_gmt":"2025-09-17T20:47:59","slug":"pocket-option-review","status":"publish","type":"post","link":"https:\/\/www.wallstreetzen.com\/blog\/pocket-option-review\/","title":{"rendered":"Pocket Option Review: Legit and Regulated or Scam?"},"content":{"rendered":"\n<p>Skeptical about the popular binary options platform, Pocket Option? It\u2019s only natural.<\/p>\n\n\n\n<p>Binary options have gotten a bad rap over the years due to shady brokers and get-rich-quick advertising. Why would you want to risk your hard-earned cash on something so speculative?<\/p>\n\n\n\n<p>And if you\u2019ve ever used a binary options broker, you\u2019ll know that the bonus structure and gamification of the entire experience resemble online gambling websites. Personally, I do not recommend you get into binary options trading.<\/p>\n\n\n\n<p><strong>But here\u2019s the truth: trading binary options <\/strong><strong>can<\/strong>&nbsp;<strong>be profitable \u2014 if you have a trading strategy with positive expectancy and use a reputable broker.<\/strong><\/p>\n\n\n\n<p>In this Pocket Option&nbsp;review, I\u2019ll answer your biggest questions about the platform by diving into:<\/p>\n\n\n\n<ul>\n<li>The platform\u2019s history.<\/li>\n\n\n\n<li>The stuff you\u2019re wondering about: is Pocket Options regulated? Is Pocket Option safe? Or is it some Pocket Options scam?<\/li>\n\n\n\n<li>The platform\u2019s features, like tournaments, analysis tools, and more.<\/li>\n\n\n\n<li>What kind of trader Pocket Option suits best (spoiler: it\u2019s NOT beginners!)<\/li>\n<\/ul>\n\n\n\n<p>Let\u2019s dig in\u2026<\/p>\n\n\n    <div id=\"callout-box-block_d27ddcc329616cb72973be187bedcf5d\" class=\"callout-box promo\">\n        <div class=\"callout-box__icon-wrapper\">\n            <svg focusable=\"false\" class=\"callout-box__icon promo\" viewBox=\"0 0 24 24\" aria-hidden=\"true\">\n                <path d=\"M21.41 11.58l-9-9C12.05 2.22 11.55 2 11 2H4c-1.1 0-2 .9-2 2v7c0 .55.22 1.05.59 1.42l9 9c.36.36.86.58 1.41.58.55 0 1.05-.22 1.41-.59l7-7c.37-.36.59-.86.59-1.41 0-.55-.23-1.06-.59-1.42zM5.5 7C4.67 7 4 6.33 4 5.5S4.67 4 5.5 4 7 4.67 7 5.5 6.33 7 5.5 7z\"><\/path>            <\/svg>\n        <\/div>\n        <div class=\"callout-box__content\"><p><strong>New here? Day trading essentials<\/strong><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>Binary options are extremely risky. As an alternative, you could day trade stocks. Start with these resources &amp; tools:<\/p>\n<ul>\n<li><span style=\"font-size: 16px;\">Best charting software: <\/span><a style=\"font-size: 16px;\" href=\"https:\/\/www.wallstreetzen.com\/go\/tradingview-pro\" target=\"_blank\" rel=\"noopener\">TradingView Pro+<\/a><!-- \/wp:list-item --> <!-- wp:list-item --><\/li>\n<li>Best overall day trading course: <a href=\"https:\/\/www.wallstreetzen.com\/go\/investors-underground\" target=\"_blank\" rel=\"noopener\">Investors Underground<\/a><!-- \/wp:list-item --> <!-- wp:list-item --><\/li>\n<li>Real-time news: <a href=\"https:\/\/www.wallstreetzen.com\/go\/benzinga\" target=\"_blank\" rel=\"noopener\">Benzinga Pro<\/a><\/li>\n<\/ul>\n<p><!-- \/wp:list-item --><\/p>\n<p><!-- \/wp:list --><\/p>\n<\/div>\n    <\/div>\n\n\n\n<h2 id=\"h.vncratcyb0uz\">Pocket Option Review: Legit and Regulated or Scam?<\/h2>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/04\/Pocket-Option-home-page.png\" alt=\"Pocket option home page\"\/><\/figure><\/div>\n\n\n<p><strong>The Bottom Line: <\/strong><a href=\"https:\/\/pocketoption.com\/\" target=\"_blank\" rel=\"noopener\">Pocket Option<\/a>&nbsp;is a binary options broker that offers all the necessary trading tools and features for this speculative style of trading.<\/p>\n\n\n\n<p>If you\u2019re a binary options trader, Pocket Option is one of the better options out there. However, there are some things you should know:<\/p>\n\n\n\n<ul>\n<li>Is Pocket Options legit? While the platform is regulated (more on that in a bit), it\u2019s not by the SEC. So you should err on the side of caution if you plan to use it.<\/li>\n\n\n\n<li>You\u2019re restricted to options expiry periods between five seconds and four hours. This makes Pocket Option more appropriate for traders with a short-term trading strategy.<\/li>\n<\/ul>\n\n\n\n<p>If you haven\u2019t jumped into the world of binary options trading, here\u2019s a spoiler: Most binary options traders lose money. If you have your heart set on becoming a trader, you\u2019re probably better off day trading stocks or options.<\/p>\n\n\n\n<div class=\"is-layout-flex wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/pocketoption.com\/\" target=\"_blank\" rel=\"noopener\">Still interested? Check out Pocket Option<\/a><\/div>\n<\/div>\n\n\n\n<h2 id=\"h.uk3lpwm6a65x\"><strong>What is Pocket Option?<\/strong><\/h2>\n\n\n\n<p>Founded in 2017, Pocket Option&nbsp;is a binary options broker that offers a variety of financial instruments. It\u2019s registered in the Republic of the Marshall Islands. <\/p>\n\n\n\n<p>Is Pocket Options regulated? Yes. <\/p>\n\n\n\n<p>Pocket Option is regulated by the International Financial Market Relations Regulation Center (IFMRRC). <br><br>While the IFMRRC isn\u2019t well-known, the platform\u2019s longevity suggests that Pocket Option is safe, as do some of the metrics\u2026<\/p>\n\n\n    <div id=\"callout-box-block_3051772c5c747d91aef8db1e799c9879\" class=\"callout-box info\">\n        <div class=\"callout-box__icon-wrapper\">\n            <svg focusable=\"false\" class=\"callout-box__icon info\" viewBox=\"0 0 24 24\" aria-hidden=\"true\">\n                <path d=\"M12 3c-.46 0-.93.04-1.4.14-2.76.53-4.96 2.76-5.48 5.52-.48 2.61.48 5.01 2.22 6.56.43.38.66.91.66 1.47V19c0 1.1.9 2 2 2h.28c.35.6.98 1 1.72 1s1.38-.4 1.72-1H14c1.1 0 2-.9 2-2v-2.31c0-.55.22-1.09.64-1.46C18.09 13.95 19 12.08 19 10c0-3.87-3.13-7-7-7zm2 16h-4v-1h4v1zm0-2h-4v-1h4v1zm-1.5-5.59V14h-1v-2.59L9.67 9.59l.71-.71L12 10.5l1.62-1.62.71.71-1.83 1.82z\"><\/path>            <\/svg>\n        <\/div>\n        <div class=\"callout-box__content\"><p>Pocket Option by the numbers<\/p>\n<ul>\n<li><span style=\"font-size: 16px;\">Over ten million customers (100,000+ active users).<\/span><!-- \/wp:list-item --> <!-- wp:list-item --><\/li>\n<li>$500,000,000+ in trading turnover.<!-- \/wp:list-item --> <!-- wp:list-item --><\/li>\n<li>Customers in more than 95 countries.<!-- \/wp:list-item --> <!-- wp:list-item --><\/li>\n<li>An average trader income of over $850 per month.<\/li>\n<\/ul>\n<p><!-- \/wp:list-item --><\/p>\n<p><!-- \/wp:list --><\/p>\n<\/div>\n    <\/div>\n\n\n\n<p>Pocket Option provides several access options, including a browser-based platform as well as desktop (Windows and Mac) and mobile applications (Android and iOS).<\/p>\n\n\n\n<p>Funding your account is simple, with over 50 payment options including Visa, bank transfers, e-payment platforms, or cryptocurrency.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/04\/payment-methods.png\" alt=\"Payment methods\"\/><\/figure><\/div>\n\n    <div id=\"callout-box-block_38ca3358976d3aec8dec17006145615c\" class=\"callout-box info\">\n        <div class=\"callout-box__icon-wrapper\">\n            <svg focusable=\"false\" class=\"callout-box__icon info\" viewBox=\"0 0 24 24\" aria-hidden=\"true\">\n                <path d=\"M12 3c-.46 0-.93.04-1.4.14-2.76.53-4.96 2.76-5.48 5.52-.48 2.61.48 5.01 2.22 6.56.43.38.66.91.66 1.47V19c0 1.1.9 2 2 2h.28c.35.6.98 1 1.72 1s1.38-.4 1.72-1H14c1.1 0 2-.9 2-2v-2.31c0-.55.22-1.09.64-1.46C18.09 13.95 19 12.08 19 10c0-3.87-3.13-7-7-7zm2 16h-4v-1h4v1zm0-2h-4v-1h4v1zm-1.5-5.59V14h-1v-2.59L9.67 9.59l.71-.71L12 10.5l1.62-1.62.71.71-1.83 1.82z\"><\/path>            <\/svg>\n        <\/div>\n        <div class=\"callout-box__content\"><p>Pocket Option: pro tips<\/p>\n<ul>\n<li><span style=\"font-size: 16px;\">The minimum deposit on Pocket Option is $5 (depending on location and payment method) with near-instant availability.<\/span><!-- \/wp:list-item --> <!-- wp:list-item --><\/li>\n<li>The minimum withdrawal is $10 and is subject to a 24-hour review period.<\/li>\n<\/ul>\n<p><!-- \/wp:list-item --><\/p>\n<p><!-- \/wp:list --><\/p>\n<\/div>\n    <\/div>\n\n\n\n<h2 id=\"h.i0t9ojhx9782\"><strong>Pocket Option Features:<\/strong><\/h2>\n\n\n\n<h4 id=\"h.r41gezw1ipwu\"><strong>Assets<\/strong><\/h4>\n\n\n\n<p>Pocket Option offers over 100 trading instruments, including FX, commodities, indices, and even cryptocurrencies. <\/p>\n\n\n\n<p>Here are a few examples of what you can trade:<\/p>\n\n\n\n<ul>\n<li>Standard fiat currency crosses, such as EUR\/USD, and exotics, such as EUR\/RUB. <\/li>\n\n\n\n<li>Indices, such as the S&amp;P 500, AUS 200, and E50EUR.<\/li>\n\n\n\n<li>Individual stocks, such as Apple (<a href=\"https:\/\/www.wallstreetzen.com\/stocks\/us\/nasdaq\/aapl\" target=\"_blank\" rel=\"noopener\">NASDAQ: AAPL<\/a>) and Meta, AKA Facebook (<a href=\"https:\/\/www.wallstreetzen.com\/stocks\/us\/nasdaq\/meta\" target=\"_blank\" rel=\"noopener\">NASDAQ: META<\/a>)<\/li>\n\n\n\n<li>Commodities including Gold and Oil.<\/li>\n\n\n\n<li>Cryptocurrencies like Bitcoin and Dash. <\/li>\n<\/ul>\n\n\n    <div id=\"callout-box-block_3487e90d4dbbdbc597271fa7cf8b485e\" class=\"callout-box info\">\n        <div class=\"callout-box__icon-wrapper\">\n            <svg focusable=\"false\" class=\"callout-box__icon info\" viewBox=\"0 0 24 24\" aria-hidden=\"true\">\n                <path d=\"M12 3c-.46 0-.93.04-1.4.14-2.76.53-4.96 2.76-5.48 5.52-.48 2.61.48 5.01 2.22 6.56.43.38.66.91.66 1.47V19c0 1.1.9 2 2 2h.28c.35.6.98 1 1.72 1s1.38-.4 1.72-1H14c1.1 0 2-.9 2-2v-2.31c0-.55.22-1.09.64-1.46C18.09 13.95 19 12.08 19 10c0-3.87-3.13-7-7-7zm2 16h-4v-1h4v1zm0-2h-4v-1h4v1zm-1.5-5.59V14h-1v-2.59L9.67 9.59l.71-.71L12 10.5l1.62-1.62.71.71-1.83 1.82z\"><\/path>            <\/svg>\n        <\/div>\n        <div class=\"callout-box__content\"><p>Pocket Option: pro tips<\/p>\n<ul>\n<li>Different instruments have different payout percentages \u2014 some are as low as 15%.<!-- \/wp:list-item --> <!-- wp:list-item --><\/li>\n<li>If you want to give yourself the best chance to be profitable, stick to instruments with payouts of at least 80%.<\/li>\n<\/ul>\n<p><!-- \/wp:list-item --><\/p>\n<p><!-- \/wp:list --><\/p>\n<\/div>\n    <\/div>\n\n\n\n<h4 id=\"h.kmxwvid4jjhm\"><strong>Trading Platform<\/strong><\/h4>\n\n\n\n<p>Binary options are not recommended for beginners \u2014 it\u2019s a very risky style of trading.<\/p>\n\n\n\n<p>But if you\u2019re a seasoned trader looking to explore binary options, Pocket Option\u2019s platform has everything you need.<\/p>\n\n\n\n<p>Its sleek interface is simple to navigate with menus on both the left and right of the screen.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/04\/Pocket-Option.png\" alt=\"Pocket option\"\/><\/figure><\/div>\n\n\n<p>On the left, you can access: <\/p>\n\n\n\n<ul>\n<li>Your real or demo account and trading bots. <\/li>\n\n\n\n<li>Deposits, withdrawals, and promo codes.<\/li>\n\n\n\n<li>Trading history and profiles.<\/li>\n\n\n\n<li>Market, lotteries, social rewards, and gem mining. <\/li>\n\n\n\n<li>Account achievements.<\/li>\n\n\n\n<li>Chats \u2014 general chat feed for platform users, support, and private messages. <\/li>\n\n\n\n<li>Help with guides, tutorials, and more. <\/li>\n<\/ul>\n\n\n\n<p>On the right-hand side, you\u2019ll see:<\/p>\n\n\n\n<ul>\n<li>Top-ranked traders and traders who have copied your trades.<\/li>\n\n\n\n<li>Pending trades that will only execute if certain criteria are met.<\/li>\n\n\n\n<li>Various free and paid tournaments (more on that below).<\/li>\n<\/ul>\n\n\n\n<p>Next to the right-hand trading menu, you\u2019ll find all your open and closed trades with time stamps and P&amp;L (Profit and Loss) information. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/04\/PO-open-closed-trades.png\" alt=\"Po open closed trades\"\/><\/figure><\/div>\n\n\n<p>Under that, you&#8217;ll find real-time trade signals that are generated by the community which you can copy with a single click.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/04\/PO-copy-signals.png\" alt=\"Po copy signals\"\/><\/figure><\/div>\n\n\n<p>Pocket Option automatically displays signals for the same chart you\u2019re looking at. So if you\u2019re analyzing multiple instruments at the same time, make sure you click the right signal because they\u2019re mixed together!<\/p>\n\n\n\n<h4 id=\"h.s3saz6jgy1i3\"><strong>Charts <\/strong><\/h4>\n\n\n\n<p>Pocket Option&nbsp;offers a variety of chart types, such as line, candle, bar, or Heiken Ashi.<\/p>\n\n\n\n<p>The trading platform provides a host of popular charting indicators, including: <\/p>\n\n\n\n<ul>\n<li>Bollinger Bands<\/li>\n\n\n\n<li>RSI<\/li>\n\n\n\n<li>Moving averages<\/li>\n\n\n\n<li>ADX<\/li>\n<\/ul>\n\n\n\n<p>You can also access your favorite drawing tools, such as:<\/p>\n\n\n\n<ul>\n<li>Channels<\/li>\n\n\n\n<li>Fibonacci Retracements<\/li>\n\n\n\n<li>Trend lines<\/li>\n\n\n\n<li>Andrew\u2019s Pitchfork<\/li>\n<\/ul>\n\n\n\n<p>Pocket Option also lets you analyze up to four charts on a single screen, so you don\u2019t have to constantly switch back and forth to keep tabs on your trades.<\/p>\n\n\n\n<h4 id=\"h.k8asrhya21cn\"><strong>Mobile App<\/strong><\/h4>\n\n\n\n<p>Pocket Option\u2019s mobile application (available for IOS and Android devices) is just as easy to use as its browser counterpart with an almost identical layout. <\/p>\n\n\n\n<p>In the mobile app, you can do pretty much everything you can do on the browser platform. <\/p>\n\n\n\n<p>The one thing you can\u2019t do? View multiple charts on mobile due to screen size restrictions. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/04\/PO-Mobile.png\" alt=\"Po mobile\"\/><\/figure><\/div>\n\n\n<h4 id=\"h.386w53yscg43\"><strong>Demo Account<\/strong><\/h4>\n\n\n\n<p>Since binary options are extremely speculative and risky, it\u2019s a good idea to test the waters with a demo account before you put your hard-earned cash at risk.<\/p>\n\n\n\n<p>Pocket Option has a demo account option that gives you $10,000 of simulated money to practice on the platform, with the option to request a top-up.<\/p>\n\n\n\n<p>Simply click the \u201cFree Demo\u201d button on Pocket Option\u2019s home page to get started.<\/p>\n\n\n    <div id=\"callout-box-block_270af9de4a80cefefd62c39035d23996\" class=\"callout-box info\">\n        <div class=\"callout-box__icon-wrapper\">\n            <svg focusable=\"false\" class=\"callout-box__icon info\" viewBox=\"0 0 24 24\" aria-hidden=\"true\">\n                <path d=\"M12 3c-.46 0-.93.04-1.4.14-2.76.53-4.96 2.76-5.48 5.52-.48 2.61.48 5.01 2.22 6.56.43.38.66.91.66 1.47V19c0 1.1.9 2 2 2h.28c.35.6.98 1 1.72 1s1.38-.4 1.72-1H14c1.1 0 2-.9 2-2v-2.31c0-.55.22-1.09.64-1.46C18.09 13.95 19 12.08 19 10c0-3.87-3.13-7-7-7zm2 16h-4v-1h4v1zm0-2h-4v-1h4v1zm-1.5-5.59V14h-1v-2.59L9.67 9.59l.71-.71L12 10.5l1.62-1.62.71.71-1.83 1.82z\"><\/path>            <\/svg>\n        <\/div>\n        <div class=\"callout-box__content\"><p>Pocket Option: pro tips<\/p>\n<p>You won\u2019t be able to save your trading history with a demo account. If that\u2019s important to you, keep your demo trades under a registered account.<\/p>\n<\/div>\n    <\/div>\n\n\n\n<p>Here\u2019s a glimpse of what the Pocket Option demo account looks like:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/04\/PO-demo-vs-live-account.png\" alt=\"Po demo vs live account\"\/><\/figure><\/div>\n\n\n<h4 id=\"h.ig9zmd4ghza8\">Trading <strong>Gamification<\/strong><\/h4>\n\n\n\n<p>A word to the wise: traders should approach gamification features with caution, as they can promote risky behavior.<\/p>\n\n\n\n<p>That said, if you enjoy this type of feature, Pocket Options has you covered. The features\u00a0revolve around gems with four different rarities: <\/p>\n\n\n\n<ul>\n<li>Red Gem of Pro \u2014 $2 each<\/li>\n\n\n\n<li>Blue Gem of Master \u2014 $8 each.<\/li>\n\n\n\n<li>Green Gem of Guru \u2014 $30 each.<\/li>\n\n\n\n<li>Secret Gem of Heroes \u2014 you can\u2019t buy this <\/li>\n<\/ul>\n\n\n\n<p>Besides buying gems outright, there are several ways to earn them, including earning shards through trade frequency, social rewards when someone copies your signals, and lottery and achievement-based gems. <\/p>\n\n\n\n<p>These gems can fetch you bonuses, including deposit bonuses between 20% to 110%, direct cash injections, loss cancellations, cash back, effect boosters, and much more.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/04\/PO-gems.png\" alt=\"Po gems\"\/><\/figure><\/div>\n\n\n<h4 id=\"h.db0ws4r4t7ui\"><strong>Tournaments<\/strong><\/h4>\n\n\n\n<p>Similar to gamification features, tournaments add a social element to Pocket Option. However, since tournament trading takes place with virtual balances, participants don\u2019t have to spend live funds while competing. <\/p>\n\n\n\n<p>Here\u2019s how it works: <\/p>\n\n\n\n<ul>\n<li>To participate, click the tournaments tab on the platform\u2019s right-hand menu and choose a tournament. &nbsp;<\/li>\n\n\n\n<li>Once you join, you\u2019ll find the tournament\u2019s details \u2014 &nbsp;start time, participation fee, starting balance, the number of participants, and more.<\/li>\n\n\n\n<li>Tournaments are played with virtual funds so they\u2019re a fun way to test aggressive strategies for as little as $1 (and sometimes free). <\/li>\n\n\n\n<li>Losing streak? No worries. Tournaments have a re-buy feature that allows you to top up your tournament account anytime it drops below $100.<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.wallstreetzen.com\/blog\/wp-content\/uploads\/2023\/04\/PO-tournaments.png\" alt=\"Po tournaments\"\/><\/figure><\/div>\n\n\n<h2 id=\"h.xo74y8syfa43\"><strong>Pocket Option Fees &amp; Commissions<\/strong><\/h2>\n\n\n\n<p>Pocket Option doesn\u2019t charge fees or commissions on withdrawals and deposits. <\/p>\n\n\n\n<p>Here\u2019s how they make their money:<\/p>\n\n\n\n<ul>\n<li>Trader losses <\/li>\n\n\n\n<li>Users who purchase gems and other boosters with cash<\/li>\n<\/ul>\n\n\n\n<h2 id=\"h.buy9e9word2k\"><strong>Is Pocket Options Legit?<\/strong><\/h2>\n\n\n\n<p>Is Pocket Option safe? As I mentioned earlier, Pocket Option&nbsp;is not regulated by the SEC. That fact alone should make you approach the platform with caution.<\/p>\n\n\n\n<p>However, it is regulated by the International Financial Markets Relations Regulation Centre (IFMRRC), and there are other aspects that bolster its legitimacy: <\/p>\n\n\n\n<ul>\n<li>Pocket Option has been around for six years and has experienced user growth.<\/li>\n\n\n\n<li>Pocket Option has almost 2,000 five-star reviews on the independent review platform <a href=\"https:\/\/www.trustpilot.com\/review\/pocketoption.com?stars=1\" target=\"_blank\" rel=\"noopener\">Trustpilot<\/a>. <\/li>\n<\/ul>\n\n\n\n<h2 id=\"h.5cr2m6g6irpf\"><strong>Who is Pocket Option Best For?<\/strong><\/h2>\n\n\n\n<p>Pocket Option is best for:<\/p>\n\n\n\n<ul>\n<li>Seasoned binary options traders with a verifiable edge<\/li>\n<\/ul>\n\n\n\n<p>That\u2019s it.<\/p>\n\n\n\n<p>Pocket Option is not recommended for beginners, as binary options trading is an extremely risky style of trading. If you\u2019re a beginner, I suggest seeking out a more general trading education before expanding into more speculative trading styles. <\/p>\n\n\n\n<h4 id=\"h.5dr03cj5x0ub\"><strong>Day Trading Education <\/strong><\/h4>\n\n\n\n<p>Want to kick-start your day trading education? Check out &nbsp;<a href=\"https:\/\/www.wallstreetzen.com\/go\/investors-underground\" target=\"_blank\" rel=\"noopener\">Investors Underground<\/a>. <\/p>\n\n\n\n<p>Choose from a basic course or uplevel with advanced trading courses that come with live mentorship and access to a community where traders share their experiences.<\/p>\n\n\n\n<div class=\"is-layout-flex wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-text-color has-background wp-element-button\" href=\"https:\/\/www.wallstreetzen.com\/go\/investors-underground\" style=\"background-color:#446bca\" target=\"_blank\" rel=\"noopener\">Check out Investors Underground<\/a><\/div>\n<\/div>\n\n\n\n<h2 id=\"h.uvhjoq3ygjzp\"><strong>Pros and Cons of Pocket Option<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"mtr-table mtr-tr-td\"><tbody><tr><td data-mtr-content=\"Pros\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><strong>Pros<\/strong><\/div><\/td><td data-mtr-content=\"Cons\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><strong>Cons<\/strong><\/div><\/td><\/tr><tr><td data-mtr-content=\"Pros\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Social rewards for top traders<\/div><\/td><td data-mtr-content=\"Cons\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Not regulated by a well-known agency<\/div><\/td><\/tr><tr><td data-mtr-content=\"Pros\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Real-time trading signals<\/div><\/td><td data-mtr-content=\"Cons\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">No MT4 trading platform<\/div><\/td><\/tr><tr><td data-mtr-content=\"Pros\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Instruments with high payouts<\/div><\/td><td data-mtr-content=\"Cons\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Some instruments have extremely low payouts<\/div><\/td><\/tr><tr><td data-mtr-content=\"Pros\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Sleek trading platforms<\/div><\/td><td data-mtr-content=\"Cons\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Limited expiration times (five seconds to one day)<\/div><\/td><\/tr><tr><td data-mtr-content=\"Pros\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Available in almost 100 countries<\/div><\/td><td data-mtr-content=\"Cons\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">A limited number of indicators and tools compared to popular charting software<\/div><\/td><\/tr><tr><td data-mtr-content=\"Pros\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Gamification to boost ROI<\/div><\/td><td data-mtr-content=\"Cons\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Risky \u2013 most traders lose money<\/div><\/td><\/tr><tr><td data-mtr-content=\"Pros\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Over 50 funding options<\/div><\/td><td data-mtr-content=\"Cons\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Not appropriate for beginners <\/div><\/td><\/tr><tr><td data-mtr-content=\"Pros\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\">Several free trading bots<\/div><\/td><td data-mtr-content=\"Cons\" class=\"mtr-td-tag\"><div class=\"mtr-cell-content\"><\/div><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id=\"h.371wvnd3lbwm\"><strong>Should You Trade Binary Options?<\/strong><\/h2>\n\n\n\n<p>Binary options can be a profitable trading strategy. However, it\u2019s not for everyone. <\/p>\n\n\n\n<p>Why?<\/p>\n\n\n\n<ul>\n<li>Most people trading binary options lose money.<\/li>\n\n\n\n<li>It\u2019s a short-term style of trading with a lot of \u201cnoise\u201d \u2014 the patterns you do see may be more random than those on longer timeframes.<\/li>\n\n\n\n<li>Binary options favor technical-first trading, which means you\u2019re missing out on understanding the fundamentals behind a trading instrument. <\/li>\n\n\n\n<li>The time-bound element of binary options trading makes it even more difficult because not only do you have to get the direction right, but you also have to choose the right expiry.<\/li>\n<\/ul>\n\n\n\n<p>My suggestion? Before you jump into the world of binary options, try stocks or currencies with traditional price targets before you make trading more complex.<\/p>\n\n\n    <div id=\"callout-box-block_d4823edda8e186cc923433db54539a14\" class=\"callout-box promo\">\n        <div class=\"callout-box__icon-wrapper\">\n            <svg focusable=\"false\" class=\"callout-box__icon promo\" viewBox=\"0 0 24 24\" aria-hidden=\"true\">\n                <path d=\"M21.41 11.58l-9-9C12.05 2.22 11.55 2 11 2H4c-1.1 0-2 .9-2 2v7c0 .55.22 1.05.59 1.42l9 9c.36.36.86.58 1.41.58.55 0 1.05-.22 1.41-.59l7-7c.37-.36.59-.86.59-1.41 0-.55-.23-1.06-.59-1.42zM5.5 7C4.67 7 4 6.33 4 5.5S4.67 4 5.5 4 7 4.67 7 5.5 6.33 7 5.5 7z\"><\/path>            <\/svg>\n        <\/div>\n        <div class=\"callout-box__content\"><p><strong>New here? Day trading essentials<\/strong><\/p>\n<p><!-- wp:paragraph --><\/p>\n<p>If binary options aren\u2019t recommended for beginners, what is? Start here:<\/p>\n<ul>\n<li>Best charting software: <a href=\"https:\/\/www.wallstreetzen.com\/go\/tradingview-pro\" target=\"_blank\" rel=\"noopener\">TradingView Pro+<\/a><!-- \/wp:list-item --> <!-- wp:list-item --><\/li>\n<li>Best overall day trading course: <a href=\"https:\/\/www.wallstreetzen.com\/go\/investors-underground\" target=\"_blank\" rel=\"noopener\">Investors Underground<\/a><!-- \/wp:list-item --> <!-- wp:list-item --><\/li>\n<li>Real-time news: <a href=\"https:\/\/www.wallstreetzen.com\/go\/benzinga\" target=\"_blank\" rel=\"noopener\">Benzinga Pro<\/a><\/li>\n<\/ul>\n<p><!-- \/wp:list-item --><\/p>\n<p><!-- \/wp:list --><\/p>\n<\/div>\n    <\/div>\n\n\n\n<h2 id=\"h.qb15l3580o02\"><strong>Final Word: Pocket Option Review<\/strong><\/h2>\n\n\n\n<p>There\u2019s a reason why so many binary options traders choose Pocket Option.<\/p>\n\n\n\n<p>It provides sleek, easy-to-navigate trading platforms across mobile and desktop and some of the best payout percentages in the industry.<\/p>\n\n\n\n<p>However, the inflexibility of binary options makes it better suited to experienced traders who can craft suitable strategies. <\/p>\n\n\n\n<p>If you\u2019re a beginner, I suggest starting with traditional long\/short trading where the price is the sole determinant of a winning trade. Once you have a handle on managing trades based on reacting to the market, then you can progress to other strategies like binary options. <\/p>\n\n\n\n<p>When you\u2019re ready to advance, or if you\u2019re a more seasoned trader who\u2019s ready to explore binary options, check out Pocket Option.<\/p>\n\n\n\n<div class=\"is-layout-flex wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/pocketoption.com\/\" target=\"_blank\" rel=\"noopener\">Check out Pocket Option<\/a><\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\t\t<div class=\"wp-faq-schema-wrap\">\n\t\t\t\t\t\t\t<h2>FAQs:<\/h2>\n\t\t\t\t\t\t<div class=\"wp-faq-schema-items\">\n\t\t\t\t\t\t\t\t\t<h3>Is Pocket Option legal in the US?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>Pocket Option is legal in the U.S. It is regulated and offers services for clients in countries including the United States, the UK, Europe, and India. <\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<h3>What is the minimum deposit in Pocket Option?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>The minimum deposit in Pocket Option is $5 but this depends on the region and payment method. <\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<h3>Which country owns Pocket Option?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>Pocket Option\u2019s parent company, Gembell Limited, is registered in the Republic of the Marshall Islands.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<h3>Which is better IQ Option\u00a0or Pocket Option?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>It depends on your needs. Pocket Option is better for binary options and the overall trading experience, but IQ Option is better if you need traditional long\/short trading.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\n","protected":false},"excerpt":{"rendered":"<p>Skeptical about the popular binary options platform, Pocket Option? It\u2019s only natural. Binary options have gotten a bad rap over the years due to shady brokers and get-rich-quick advertising. Why would you want to risk your hard-earned cash on something so speculative? And if you\u2019ve ever used a binary options broker, you\u2019ll know that the [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":7899,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false},"categories":[51],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pocket Option Review: Legit and Regulated or Scam?<\/title>\n<meta name=\"description\" content=\"Explore the features of Pocket Option, a regulated platform for trading binary options and digital assets. Read reviews from real customers and learn about Pocket Option&#039;s unique benefits, including low minimum deposits, fast withdrawals, and a user-friendly interface. 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