- Profitability: up to 98%
- Minimum deposit: $10
- Minimum trade: $1
- Expiration times: 5 sec to 4 hours
- Assets: Forex, Crypto, Stocks, Commodities
- Instruments: Binary / fixed-time contracts
- Platforms: Web, Android, iOS
- Country / regulator:
- Visa
- Mastercard
- Crypto
- E-wallets
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Pocket Option overview
Pocket Option is a trading platform that provides access to binary options and CFD trading on multiple markets, including forex, stocks, indices, and cryptocurrencies. It combines short-duration binary options trading with CFD access through supported platforms, with entry conditions such as a low minimum deposit and small minimum trade size.
Typical users include beginners who use a demo environment or small trades to learn platform mechanics, as well as active traders who focus on short expiry trading for binaries or use CFDs for broader market exposure. The platform is generally associated with short-term decision-making for binary options, and with platform-based trading setups for CFD users depending on the tools they use.
Advantages and limitations
Advantages
- Low entry threshold with a $5 minimum deposit and $1 minimum trade size.
- Binary options offer a wide range of expirations, from 15 seconds up to 4 hours.
- Multi-asset coverage across major categories such as forex, indices, stocks, crypto, and commodities-related markets (including metals and energy carriers).
- Availability of multiple trading platforms (MetaTrader 4, MetaTrader 5, and Quadcode) for different trading preferences.
- Includes platform features referenced in the review such as analytics and educational materials for users who rely on built-in resources.
Limitations
- The stated regulatory framework is MISA, and the broker is presented as registered in Costa Rica rather than under a major onshore financial regulator.
- CFD conditions described in the review include fixed spreads (for example, 10 pips on EUR/USD in the cited CFD conditions), which may affect strategies sensitive to spread costs.
- The review mentions the absence of iOS and desktop applications for the proprietary trading environment as a constraint for some users.
- The review highlights potential withdrawal delays as a practical limitation users may encounter depending on method and verification status.
Key information about Pocket Option
| Broker name | Pocket Option |
|---|---|
| Official website | https://pocketoption.com |
| Overall rating | 4.1/5 |
| User profile | Traders looking for access to binary options and CFD trading, including beginners using small position sizes and more experienced users using multi-asset platforms. |
| Key indicators | |
| Maximum profitability | Up to 92% (binary options, depending on asset and expiry) |
| Minimum deposit | $5 |
| Minimum trade | $1 |
| Expiration durations | 15 seconds to 4 hours (binary options) |
| Trading coverage | |
| Available assets | Forex, indices, stocks, cryptocurrencies, precious metals, energy carriers |
| Instruments | Binary options and CFDs |
| Platforms | MetaTrader 4, MetaTrader 5, Quadcode |
| Country of incorporation | Costa Rica |
| Regulatory framework | MISA (Mwali International Services Authority) |
This table provides a factual overview of Pocket Option’s main conditions and coverage.