Pocket Option Review India
Pocket Option Review India
Pocket Option, owned by Gambell Limited, entered the world of binary options online trading in 2017 and has made a splash in the trading market ever since. The broker complies with the (IFMRRC)International Financial Market Relations Regulation Center, located in the Marshall Islands. Pocket Option India offers its online trading platform to Indian traders for Binary and Digital Options trading in India. Our team has made a through analysis of Pocket Option to present to this Pocket Option Review India.
Although binary options trading often has a bad reputation due to its high-risk involvement, Pocket Option India is one of the most trusted online brokers in the industry and in India. Creating an online trading account with Pocket Option is easy, and the platform works well for both new and experienced traders.
With more than 100 assets available for trade and an extensive payment system to accommodate international investors, pocket options offer thousands of people worldwide trade opportunities. This pocket alternative review will help you determine if you want to be one of them, as we take with them the kind of accounts you can get on their platform, their assets, and other special features. We will cover Pocket Option India Review and discuss its advantages, disadvantages, and platform features in detail in this article.
Why choose Pocket Option in India?
Pocket Option accepts traders from India and offers its award-winning trading platform. The payouts for a successful trade are higher than others in the industry. The traders from India can deposit funds using Indian payment methods. The platform is reliable and fast and works with a low-speed internet connection too. Keep reading this Pocket Option Review India to know more facts about the broker. Pocket Option now provides Binary Options trading in India, and also provides Forex and CFD trading on an MT5 platform.
Indian traders prefer the Pocket Option online trading platform due to
- The low starting amount of $10
- Higher profit payout
- Fast and reliable platform
- Accepts Indian payment methods
- Faster withdrawal processing
- Quicker Customer support
- Transparent trading conditions
- Bonus deposit available
Pocket Option Payouts
Pocket Option offers one of the highest payments in the binary options market. The minimum you can get is 50 percent, while their average is much higher. You can usually expect 80 to 100 percent payout for successful high/low predictions.
The Pocket Options website states that you can get up to 218 percent payout for some specific type of digital options, virtually unheard of. Even leading binary options brokers usually announce a maximum payout of up to 200 percent.
Keep in mind that high/low trading generally pays you more than other types of binary options online trading, such as ladder/pair options. Trading 60-seconds high/low options are the most popular binary option on the Pocket Options platform and can potentially increase your account balance in minutes. However, it is essential to be careful with high/low options as unsuccessful trades can bring losses to your account.
Trade Types on Pocket Option platform
Pocket Option offers different account types and trade types. However, the binary options trades they offer are the fastest way to get an impressive payout.
Pocket Options India makes trading easy with high/low options, the easiest of all binary options trading types. All you have to do is set a trade expiry time for the asset you are trading and predict if the price of the trading assets will go up or down at the end of the expiry time.
The high/low options make for a near-instant payout, ideal for traders looking to make some quick money. If you are unfamiliar with how binary options trading, high/low options can help you develop your strategy in a short period. You can set your trading time to a minimum of 60 seconds. If you want to play long games, you can trade with an expiry time of up to four hours.
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Bonuses and Promos – Bonus codes Pocket Option
The new traders get a Bonus deposit of 50% when they deposit for the first time. The Bonus becomes withdrawable after the traders achieve a certain trading volume. The traders can freely withdraw their own funds and profit anytime they want.
There are more Bonus types available when the traders deposit subsequently. Terms and conditions apply to all the bonus deposits. But Pocket Option has the most traders friendly conditions in the industry when it comes to Bonus deposits and profits generated from Bonus deposits. The more the deposit, the higher the bonus percent will be.
Bonus deposits come with conditions that you can’t withdraw them right away. You have to achieve a trading turnover of fifty times the Bonus deposit to withdraw the bonus amount. However, you can choose to reject the Bonus anytime you want and you can withdraw the profits you made using the Bonus.
Pocket Option Review India – Free Demo Account for traders
If you are worried about investing in a real account with Pocket Option, you can try using their demo account. You do not have to register with them to use it. Instead, you can simply go to their website and click on the demo account button to get $ 1,000 in the virtual fund that you can use to trade for practice and learning purposes. While writing this Pocket Option Review India, we found Pocket Option Demo account is among the best online platforms in the trading industry.
Even if you are a seasoned investor, try the demo before you trade with any real money. Later, if you decide that you do not like the platform, you can simply stop trading with it. Since there is no real money involved, just close the practice account and walk away.
On the other hand, if you are new to binary options trading, a practice account/demo account will give you enough experience to understand if you want to continue. Also, with the user-friendly platform of Pocket Options, you’ll quickly find that you can handle something more complex or prefer to keep things efficient and simple. Try out the Signals, Telegram Bot, and Social trading feature in a Risk-Free Demo Account of Pocket Option India.
Mobile Trading Platform
While the primary platform for pocket options is on the web, they also have mobile and PC versions. Pocket Option mobile app is available for both Android and iOS, so you can keep track of the market on the go no matter what type of device you have. With high-speed internet reaching every place in India, online trading on mobile devices is the demand of all traders. Pocket Option meets the best Mobile trading platform demand in India.
The Pocket Options mobile app has the same features as the online platform. Since the platform is already very simple, it translates well into mobile trading. The process is the same as the high/low options, and the interface installs and starts quickly. In addition, the app is free, so you don’t have to worry about any additional costs while trading on the Mobile trading platform of Pocket Option.
The iOS app only requires iOS device 11.0 or later, so you can use it on an iPad or iPod touch. If you have Android Device, you will need Android 4.4 or later. The pocket option gives you a lot of choices about how, when, and where you want to trade.
Assets
With more than 130 assets, Pocket Option has an amazing selection. Those assets are broken up into five categories:
- Forex
- Indices
- Stocks
- Cryptocurrency
- Commodities
As a new broker, Pocket Options has entered the binary options market with many popular assets, including cryptocurrencies like Bitcoin and Etherium. Other brokers have excluded them from their list of assets, excluding a wider population of technology-savvy traders who want to trade Binary Options on Stocks and Cryptocurrencies.
On the Pocket Options website, you’ll find their trading schedule, which includes a list of assets currently traded, as well as the percentage of payments for each. The schedule also shows the general and OTC assets and trading hours of each of them.
Fund Deposits and withdrawals – Pocket Option India
Deposits and withdrawals systems are as simple as the pocket option interface. Pocket Option accepts Indian Credit Cards, Debit Cards and wallets for making deposit and withdrawal of funds. Once you register on their website, verify your form of payment and provide valid identification, you can start your trading with a minimum deposit of $ 10/$50 or more.
For depositing your funds into your account, you can use various payment methods available, from credit cards to cryptocurrency without paying any additional fees for depositing.
Pocket Option accepts almost any primary form of payment, including:
- VISA Cards
- Mastercard
- Maestro
- Indian Debit Card
- Bitcoin
- Litecoin
- Ethereum
- Bitcoin Cash
- Ripple
- ZCash
- Skrill
- Neteller
- WebMoney
In addition, the minimum withdrawal amount is much lower, you can request to withdraw as low as $10 from your account. Pocket Option processes all the fund withdrawal requests in one working day, whereas practically it gets processed on the same day.
Unlike some brokers, they do not charge commissions or fees for these transactions. Exactly what you withdraw goes to your bank account or card.
Be careful about currency conversions, though. Some banks charge a minimum 0.5% fee for them. So if you want to make more profit, make sure you are aware of the extra charges outside the Pocket Option platform.
Special features of Pocket Option Online Trading Platform
Pocket Options has many unique features to enhance your trading experience. We analyzed all the features while writing this Pocket Option India Review, and found the following features worth recommending. With a live account, you’ll have access to the below-mentioned features:
Social trading
Social trading is one of the most valuable features of pocket options, especially for new traders. This lets you keep an eye on other investors’ trading habits and see which ones yield the most successful results. Once you find the most skilled and expert traders, you can learn to imitate their trades for better adversity in your case.
Tournament
The Pocket Options Tournament allows you to compete against other traders for prizes. Of course, it’s not like social trading since the latter is not a competitive system, but you will still see how you rank against other trades.
In tournaments, you have the most incredible opportunity to win prizes and achievements. Rewards vary, but some rewards can deposit up to $ 50,000 into your account, which you can then use to trade.
Rewards
When you win the tournaments, they are not just a fancy badge to show off your trading skills. Instead, the rewards can be as much as $50,000 in prize funds. Also, you will get trading benefits.
You can get a payout percentage bonus, online trading funds, and other benefits that allow you to improve your online trading experience and increase your odds of making a profit.
Pocket Option Signals
When you look at the market, the Pocket Option shows you when it will turn and when the price will potentially rise or fall. Signals and indicators keep you up to date when you can get the most out of a potential trade. The traders can make use of these signals to make better trading decisions.
Customer Support
You will have no issue connecting to Pocket Options Customer Support as all their contact information is easy to find on their website. They provide their customer with 24/7 service, and their phone number, email address, and address are all available on their contact option.
You can simply find them on various social media platforms, including Instagram, Facebook, Twitter, etc. They even have a live chat option on their website, so all you have to do is open it and get started.
If you have a simple question but don’t have time to chat, you can fill out the contact form on their trading website, and they will contact you after some time.
To get in touch with them via your phone, your email address, or online chat, use the contact information provided here.
Email: support@pocketoption.com
PROS
While looking for a new binary options broker, you want to ensure that they have expertise in providing the trading service, and unique features to give you the best trading experience. So here are the few noteworthy features of Pocket Options that set it apart from the rest.
- More than 130 assets to trade
- Instant deposit and 24-hour withdrawal processing
- Social trade, achievements, and tournaments
- $ 1 minimum trade
- Minimum 50 percent deposit bonus with your initial investment
- Demo account without any signup commitment
- Available in 22 languages
- Accepts traders from the United States
- Regulated and reliable trading platform
- Leading trading platform MT5(Meta Trader 5) added for trading Forex and CFD
CONS
Let’s take a look at what might prevent you from trading with Pocket Options.
- Only one type of account with different levels
- Simple trading platform
- High/Low is the only trade type
- Not licensed by (CySEC) the Cyprus Securities and Exchange Commission
Pocket Option Review India – Final Thoughts
The unique platform of Pocket Option India allows both seasoned and novice traders to trade faster and get a higher return than other brokers. In addition, they offer bonuses beyond the initial 50%, which means you have more opportunities to increase your capital.
Registering with them is so simple, and you can test the platform with a demo account before committing. No matter where you use Pocket Option, you will have the same access to all of their features. As a result, we feel comfortable recommending Pocket Option as a reputable, reliable, and responsible broker for your binary options and CFD trading. Check out IQ Option Review, Expert Option Review, Binary.com, and Quotex Review.