Comprehensive review on Pocket Option and should you open a account or not
Are you looking for the best and the most convenient trading platform interface? Why not choose Pocket Option which gives an instant access to several trade options and up to 150 assets of company shares, crypto currency and currencies. Although the online broker, Pocket Option, is new in the business it offers instant access to trading options, owned and operated by a registered company called Gembell limited. This company is regulated by IFMRRC which is quite enough to establish the credibility of Pocket Option. The online trading platform and the trading interface offered by Pocket Option is the best. The payout is also high compared to others but still there are issues relating to convenience. Actually, the regulatory body is not fierce or not as strong as FCA and CySEC. But then, going by the terms and conditions of Pocket Option, the client need not seek an advice from the company. He is free to trade according to his own wish. It is not supposed to provide any trading advice to the clients as such.
The news about Pocket Option a Scam
Recently it was published that Pocket Option is a scam. But, the news regarding Pocket Option Scam is not true. Although the broker is pretty new in the market, but it has no such red flag associated. The broker is not even regulated by a major financial dog. The fact that the broker is transparent in the undertaking is quite good. It did not offer the exact information on its launching date and so we can’t say much. If you check the website, you will find mixed kind of information on deposit and withdrawals. Despite this fact, we cannot label Pocket Option a scam.
What are the advantages?
You may be wondering whether or not you should open an account with Pocket Option. Here are the advantages of considering Pocket Option:
- Huge payouts up to 95% of the deposit and cryptocurrencies moving up to 30-35 and even more
- You have everything on this one platform whether it is Altcoins, Cryptocurrencies, Bitcoins. On the other hand, the payout for the cyptocurrency is more than 89%. This is more than average. So, when the payout is more and cryptos are more, you should open an account
- If you check the educational material, it is full of video tutorials, platform guides and what you get are the actual strategies. There are picture tutorials, video tutorials and steps highlighted for the beginners
- There is minimum withdrawal requirement and the deposit is also low with a higher payout. But, the payout may keep fluctuating. You may also use the Demo account to gain confidence.
Are there complaints?
Well, everything has positives and negatives. Pocket Option too has its complaints. It is accused of scams following the instances of failed withdrawals, price manipulations. But, these are just the claims and we can’t assure anything.
There are bonus options where you may use the promo code ‘easystart100’ to get 100% bonus for $50 deposit. You may withdraw $10 minimum. The crytocurrency return is also high and moves to 80%. As per the Pocket Option Review, the broker is user friendly and the ratings are quite impressive.