Pocket Option Review 2025

Pros

• Traders with a deposit of $1000 or more can become eligible for a 2% increase in payouts, additional trading assets, and exclusive benefits.
• Pocket Option has launched an ‘AI Trading’ feature that uses signals, technical indicators, and trader insights to find the best trade direction and expiration time, offering a more automated trading experience.
• The sign-up process is quick and efficient, taking less than 2 minutes.
• The variety of payment methods surpasses most competitors, offering quick, safe, and handy deposits for traders in most nations.
• The web platform, with its simple design and easy-to-use features, attracts beginners in trading popular financial markets.

Cons

• Pocket Option provides a simplified version of the MT4 and MT5 platforms. It does not supply the complete charting package for advanced traders.
• To access the full list of 250+ assets for trading, a deposit of $1000 is required. Without this deposit, only 130+ assets are accessible.
• The MISA is a regulatory body offering limited protection for retail traders.
• Binary brokers like IQCent can provide higher returns up to 98%, despite many others offering competitive payouts up to 92%.
• The 4-hour limit on binary contracts can be limiting for long-term trading strategies. Other options such as Videforex provide binary contracts up to 1 month.

Explore Pocket Option through this review, focusing on key aspects you should assess before opening an account. I’ll share my experience testing the platform and compare it to similar brokers.

Regulation & Trust

Pocket Option faces scrutiny due to weak regulatory oversight. It’s not backed by a trusted financial body, but operates under the Mwali International Services Authority, license T2023322. Previously, it was registered in offshore locations like the Marshall Islands.

This lack of strong regulation is typical in the binary industry and limits access to compensation schemes if the broker fails. There is also a higher risk of unfair practices or scams. However, Pocket Option has been active since 2017, establishing itself with over 100,000 clients across 95 countries.

Accounts & Banking

Pocket Option excels with accessible accounts and numerous funding options, earning a high rating in banking and accounts.

Live Account

You can choose from various accounts like Quick Trading, Shares Trading, Forex MT4, and MT5. The minimum deposit is $50, significantly lower than competitors. However, deposit more to access the best trading features. Users are classified from Stranger to Guru levels based on balance, unlocking extra perks like higher payouts.

Here’s a comparison of account perks:

Account Balance | <$100 | $100+ | $1000+
Access to Tournaments | No | Yes | Yes
Access to ‘Gems’ Lottery | No | Yes | Yes
Express Trades | No | Yes | Yes
Trading Achievements | No | Yes | Yes
MT5 Access | No | No | Yes
+2% Payout | No | No | Yes
Premium Gifts | No | No | Yes
Extended Investment Offering | No | No | Yes

Deposits & Withdrawals

Pocket Option offers over 30 payment methods, including cards, wire transfers, and cryptocurrencies, with near-instant funding and no fees. Local solutions like Vietnam’s MoMo Pay enhance convenience. Despite this, USD is the only base currency, leading to possible conversion charges. Withdrawals, available via the same methods, have no fees with a low $10 minimum.

Bonuses & Promotions

Frequent promotions and referral codes are available, like a 50% welcome bonus up to $5000. Conditions apply, such as high turnover requirements to withdraw bonus-generated profits. Always prioritize the platform’s quality and trustworthiness over bonuses.

Demo Account

Enjoy risk-free practice with Pocket Option’s $10,000 demo account. Quickly switch between live and demo modes, ideal for traders testing strategies. Simply click the Free Demo button, no registration required.

Assets & Markets

Pocket Option is okay but not the best for trading. It offers a limited range of assets for beginners. You’ll access just 130+ binaries and OTC options, including forex, stocks, commodities, and cryptocurrencies, unless you deposit $1000. With this deposit, the options increase to 250+. Still, alternatives like Quotex have hundreds of assets for seasoned traders.

For standard trading with Pocket Option, you get over 40 forex pairs from major to exotic ones, a few commodities like gold and oil, more than 30 US stocks from companies like Apple and Google, and about 10 cryptocurrencies including Bitcoin.

It’s a downside that a $1000+ deposit is needed for this wider access, especially when other brokers offer all instruments upfront.

Fees & Costs

Pocket Option stands out with competitive costs, including no deposit, withdrawal, or inactivity fees, making it welcoming to investors. The broker doesn’t charge commissions on trades, earning instead from client losses.

Payouts

Pocket Option offers up to 92% payouts on winning trades, which is reasonable. However, it lags behind top brokers like IQCent. Notably, crypto returns are lower, with trades like Bitcoin offering only 15% returns, much less than competitors. Here’s a comparison:

EUR/USD: 88% | Bitcoin: 15% | US100: 45% | Brent Oil: 80%

While a premium account offers up to an 8% payout boost, it requires high deposits ($1,000 to $50,000), which weren’t analyzed here.

Platforms & Tools

Pocket Option stands out among brokers by offering its own web platform alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Let’s dive into its strengths and weaknesses.

The Pocket Option web platform is beginner-friendly, featuring an easy-to-use design and smooth performance both on browsers and mobile apps. However, charts cannot be viewed in full screen, which is limiting.

In-House Platform

Ideal for beginners, it provides simple navigation with essential tools for short-term trading. A streamlined design allows easy access to charts and trading functions, despite the limited drawing tools. Unique features like Express Trades offer increased payouts if you open at least three trades and let you double your returns with the Double Up and Roll Out options.

MetaTrader Platforms

Better for seasoned traders, although Pocket Option’s MT4 and MT5 versions lack full charting capabilities with fewer technical indicators. They are designed for forex and multi-asset trading, despite appearing less modern compared to the Pocket Option platform.

Social Trading

Social trading is integrated directly into Pocket Option’s platform, allowing you to copy successful traders. It’s flexible, offering no minimum stake, 24/7 availability, and adjustable copy settings.

Mobile Trading

All platforms are available as mobile apps, except the in-house solution is not on iOS, limiting options for iPhone users. Despite this, the app performs well, supporting beginners with user-friendly features, and offers 24/7 market access and account management.

Research

Pocket Option excels by providing more features than many binary brokers, yet lacks the depth found in traditional forex and CFD brokers.

The MT4 and MT5 platforms offer a handy calendar and insights feature.

• The insights deliver solid technical summaries of short-term market movements. However, beginners might find the details challenging.
• The calendar presents major events affecting markets globally, with a priority/impact rating and forecasts. It only lists events for the next 48 hours, limiting long-term planning.

Unique in the binary options sector, Pocket Option offers an Analytics app with daily, technical, and fundamental analyses, plus engaging video reviews.

However, the Analytics app is limited to Android devices and focuses on a narrow range of assets: EUR, USD, GBP, JPY, CHF, CAD, NZD, AUD, Gold, Silver, Brent, and Stocks.

It would improve usability if these insights were integrated into the web platform, avoiding the need for a separate app.

Education

Pocket Option excels in education, offering diverse materials like videos, tutorials, and e-books on an external site. Users can access helpful content right on the platform too. This includes tutorials, forex market insights, and practical tips. A standout feature is the easy-to-follow guides on trading strategies, complete with visuals from real market events. These resources are particularly valuable for traders using charting techniques and technical analysis.

Customer Support

Pocket Option offers strong customer support, often praised for responsiveness and professionalism. Telephone support (+44 20 8123 4499) is available from 10:00 am to 2:00 am (UTC +2), alongside an online email form. However, live chat is only for traders with live accounts, leaving demo users unable to access quick assistance. Opening live chat to prospective traders would enhance service, particularly benefiting beginners with account and trading queries.

Should You Trade With Pocket Option?

Pocket Option is impressive for binary options traders. With just a few clicks, traders can easily make high/low predictions using the user-friendly platform and app. Signing up is a breeze, with a minimum deposit of only $50, making it beginner-friendly. However, serious traders might find the market offerings and returns on popular assets lacking. The broker could improve these areas for better service.

Alternatives To Pocket Option

These similar brokers are the highest rated alternatives to Pocket Option.