Pocket Option Review
Reason to avoid: Offshore License
Listed Date: October 25, 2018
Top 3 Forex Brokers
Beware Pocket Option is a Non-Regulated Broker. It is NOT SAFE to trade.
Reason to avoid: Offshore License
Listed Date: October 25, 2018
Beware Pocket Option is a Non-Regulated Broker. It is NOT SAFE to trade.
Pocket Options has been suspected as a scam broker. According to the website, Pocket Options is providing financial services under the laws of the Marshall Islands Business Corporation Act. However, it doesn’t mean the company is regulated or licensed.
🗺️ Registered in | Marshall Islands |
🗺️ Type of License | Offshore License |
🛡️ Is Pocket Option safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
Pocket Options is an online trading provider offering over 100+ trading instruments, along with competitive promo and bonuses that reward clients with social trading capabilities and other tools. The trading name Pocket Option is owned and operated by Gembell Limited, which is registered in the Marshall Islands investment firm, as well claimed to operate under the regulation of IFMRRC (International Financial Market Relations Regulation Center).
Because of the regulation and safety issues we found during our research of Pocket Option, we do not rank positively Pocket Option, based on our Expert Opinion with over 10 Years of experience in Forex Trading.
Ranking | Pocket Option | FP Markets | XM |
---|---|---|---|
Our Ranking | ⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
Is Broker safe? | No | Yes | Yes |
Advantages | None | Trading Instruments | Platforms |
We found that Pocket Option has a lot of issues, mainly in respect of its safety and customer care. Thus, here are much better Alternatives to Pocket Option with tight regulations and great trading conditions. We select Good Brokers and reliable options for your comparison below:
To fund a Pocket Option account traders can choose among the following methods: Bank wire transfers, cryptocurrencies, Visa and Mastercard payment cards, plus Skrill, Neteller, FasaPay and Load e-wallets. Depending on the chosen method, it may take some time for the transfer to reflect on the Pocket Option trading account.
Based on our finds, we do not see Pocket Option as a trustable broker. We always advise trading only with reputable companies, nor with an offshore one, since the safety of funds and potential investments always go first. For that reason, it is a much better choice to trade with Brokers registered and supervised by the Cyprus Securities and Exchange Commission (CySEC) or the Australian Securities and Investments Commission (ASIC), such as BDSwiss and FBS.
Pocket option is the best trading platform for both beginners and professional traders due to the tools inside the platform which makes it easier to get the best trading experience and very fair timing for withdrawals and prompt replies of the well oriented customer support team , I can highly recommend this platform
No news available.
I have been using Pocket Option for almost a year User ID 24238526. I love the fact that they have fast deposits & withdrawals with cyrpto. What keeps me using them the most is there low expiry times starting at 5 seconds.
Pocketoption is great support is always helpful 20545380 bonus are unbelievable only thing wish they implement rollover