Pocket Option is a binary options broker that offers trading services to users worldwide. It was established in 2017 and has since gained popularity due to its user-friendly platform, extensive range of assets, and innovative features.
The primary service offered by Pocket Option is binary options trading. This form of trading involves predicting whether the price of an asset will rise or fall within a specific time frame. With over 100 different assets to choose from including stocks, commodities, currencies, and cryptocurrencies, traders have plenty of opportunities for diversification.
One feature that sets Pocket Option apart from other brokers is its social trading function. This allows users to follow and copy trades made by successful investors on the platform. By doing so, beginners can learn effective strategies while experienced traders can save time spent on market analysis.
Additionally, Pocket Option provides a free demo account for new users. This enables them to practice trading without risking real money until they are comfortable with the platform’s functionality and their own trading strategy.
The interface of Pocket Option is intuitive and easy-to-use even for novice traders. The main screen displays live price charts of selected assets along with various analytical tools such as trend lines and Fibonacci retracements which help in making informed decisions.
Pocket Option also offers several types of binary options contracts including High/Low, Quick Options (60 seconds), One Touch and Range Options providing flexibility according to the trader’s risk tolerance level.
Moreover, this broker values customer satisfaction highly; hence it provides multiple channels for support including email, chat services and phone calls available 24/7 ensuring any issues or queries are promptly addressed.
For deposits & withdrawals process at Pocket Option is straightforward with numerous methods available like credit/debit cards; e-wallets such as Neteller & Skrill; cryptocurrency wallets etc., ensuring convenience for users across different regions globally.
In terms of security measures adopted by Pocket Option include SSL encryption technology protecting sensitive data during transmission between client-server; segregated accounts ensuring client funds are kept separate from company’s operational funds and compliance with international financial regulations.
In conclusion, Pocket Option is a reliable binary options broker that caters to the needs of both beginner and experienced traders. With its user-friendly platform, extensive range of assets, innovative features such as social trading, free demo account, multiple support channels and secure transactions methods; it offers an all-encompassing solution for online trading. However, like any form of investment, binary options trading carries risks and should be approached with caution. It is advisable to thoroughly research and understand the market before investing real money.