Pocket Option was founded in 2017 by Gembell Limited to offer binary options trading services. Based in the Marshall Islands, the company is regulated by IFMRRC.
Even though binary options trading involve high risk, Pocket Option is a reliable broker in the industry. It offers a user-friendly platform for both experienced and new traders.
With hundreds of assets to trade and multiple payment options, the company offers quality trade opportunities to traders around the world. You should visit the site to know the complete details of the services they offer. But before that, you should go through our review below.
Types of Trades
Pocket Option offers only one type of trade, but with an impressive payout. The goal is to make trading simple for everyone.
They offer high/low options, which happen to be the easiest type of binary options trading. All you need to do is set a time limit and predict what the price of the asset will be after the set time.
High/low options are ideal for traders looking for quick money. It is the easiest way to binary options trade. You can either set the time limit to 60 seconds or up to five hours, it’s up to you.
Pocket Option is known to offer the highest payouts in the binary options market. Even the lowest payout is around 50%. Otherwise, traders get an 80-100% payout for making successful high/low predictions.
According to the official website, you can get payouts up to 218%. This is something that you won’t get from other binary options brokers. The maximum payout they offer is around 200% or so.
You get the highest payouts in high/low trading, while other binary options offer payouts of around 60%.
With the Pocket Option, you can increase your account balance in a short time. But at the same time, you need to be cautious while dealing with high/low options. That’s because it involves high risk and can put you in trouble fast.
Besides a high-end trading website, Pocket Option also offers mobile trading. They have an official mobile app from ITTrendex, which is compatible with both iOS and Android platforms.
With the mobile trading app, you can trade on the go. It includes all the features of the online website. Also, the process is the same with the high/low options.
The good thing is that the app is free to use and you can download it from the app store of your phone.
Overall, Pocket Option is a reliable broker and offers the highest payout in binary options trading. If you want to earn more profit, you should go to Pocket Options.