Pocket Option Review: Is Pocket Option a Good Broker?
Overview and general information
Pocket Option was founded on February 12, 2017 by a team of IT and FinTech specialists aiming to make financial trading accessible, convenient, and engaging for everyone. The platform is operated by Infinite Trade LLC, registered in Costa Rica (registration number 4062001303240). It holds a Brokerage License under the International IBC Regulation Act 2014 and operates under the jurisdiction of the Autonomous Island of Mwali (Moheli), Comoros Union.
Licensing and regulatory status
Operator: Infinite Trade LLC
Registration: Costa Rica, registration number 4062001303240
Brokerage License: International IBC Regulation Act 2014
Jurisdiction: Autonomous Island of Mwali (Moheli), Comoros Union
Regulator: MWALI International Services Authority (MISA)
The platform enforces AML (Anti-Money Laundering) and KYC (Know Your Customer) policies. All users must complete identity verification (government-issued ID, proof of address) before accessing withdrawal functionality.
Tradable instruments
Commodities: 14 total instruments (7 OTC for Quick Trading: Brent Oil, WTI Crude Oil, Gold, Silver, Natural Gas, Palladium Spot, Platinum Spot OTC; plus 7 non-OTC spot variants available during market hours)
Currencies: 78 pairs combined OTC and non-OTC, spanning majors (EUR/USD, GBP/USD, USD/JPY, etc.), minor/cross pairs, and exotic/emerging pairs (AED/CNY, USD/INR, USD/NGN, and many others). 53 forex OTC pairs trade 24/7 including weekends; ~74 pairs active with live payout, ~4 listed as N/A.
Cryptocurrencies: 50+ coins including Bitcoin, Ethereum, Tether, Solana, Cardano, Dogecoin, Polkadot, and others. Crypto trading is available on weekends.
Indices: 14 instruments, including active OTC (AUS 200, CAC 40, DJI30, SP500, and others) and non-OTC variants (N/A during off-hours)
Stocks: 130+ stocks, including major US names (Apple, Amazon, Tesla, Microsoft) and European names (Adidas, Porsche, Siemens), available in both OTC and non-OTC variants
Options: Quick Trading (binary/fixed-time trades) is the primary product — predicting price direction within a set time period, trade durations from 5 seconds to several hours, payouts up to 92%, available across all asset classes, with trade amounts from $1
ETFs, Futures, Bonds: Not offered
Additional features
350+ total tradable assets across all categories. 103 OTC instruments available 24/7 (53 forex + 7 commodities + 19 stocks + 14 crypto + 10 indices) with payouts up to 92%. Separate MT4/MT5 forex and CFD trading is available alongside the proprietary platform. Other features include Social/Copy Trading (real accounts only), weekly trading tournaments with cash prizes, a "My Safe" savings feature offering up to 10% annual interest on unused balance, AI one-click trading, free trading signals via app and Telegram bot, an achievements/gamification system, deposit bonuses (50% via promo codes), a free rechargeable demo account ($50,000 virtual balance), and an affiliate program.
Trading platforms
Pocket Option Proprietary Platform — web-based and mobile app (iOS/Android), with desktop app also available. Primary platform for Quick Trading and real shares. No download required for web use; includes 30+ technical indicators, 4 chart types, multiple timeframes, built-in trading signals, trader sentiment indicator, Social/Copy Trading, AI one-click trading, and hotkey support.
MetaTrader 4 (MT4) — for forex and CFD trading
MetaTrader 5 (MT5) — for forex and CFD trading
Demo accounts are available on all platforms (proprietary: $50,000 virtual; MT4/MT5: separate demo forex account). Social Trading and Tournaments are only available on real accounts on the proprietary platform.
Account types and minimum deposit
Demo: No spread (simulated), leverage up to 1:1000 (simulated), no commission, $0 minimum deposit ($50,000 virtual balance, rechargeable)
Beginner: Spread from 0 pips (floating), leverage up to 1:1000, no commission, standard swap (Islamic/swap-free toggle available), $5 minimum deposit
Master: Same spread/leverage/commission/swap terms as Beginner; minimum deposit based on cumulative deposit tier
Guru: Same spread/leverage/commission/swap terms; minimum deposit based on cumulative deposit tier
VIP: Same trading terms; requires $10,000+ total deposits or individual VIP account manager invitation. Benefits include a personal assistant, VIP badge, private VIP chat, educational webinars, cashback, priority withdrawals, and free tournament participation
VIP Elite: Same trading terms; by individual invitation only. Includes all VIP benefits plus exclusive promotions and prioritized support
Islamic/swap-free accounts are available on all tiers via Profile > Settings > Islamic account toggle.
Deposits and withdrawals
Deposits: 50+ payment options with 0% commission from Pocket Option. Methods include credit/debit cards (Visa, Mastercard; min. ~$20, processed within minutes), e-wallets (Volet.com, Payeer, WebMoney, FasaPay, JetonBank, Jeton, Wise, Binance Pay, Revolut Pay; min. $5, instant to ~1 minute), cryptocurrencies (BTC, ETH, USDT across multiple chains, USDC, LTC, BCH, XRP, and 40+ others), bank transfers (SEPA, local transfers, Rapipago, Khipu, PrivatBank, Monobank), and local/regional methods (M-PESA, UPI, Pix, Boleto, Easypaisa, bKash, OVO, QRIS, Dana, Capitec Pay). Minimum deposit is from $5 (varies by method/country); most deposits are credited instantly, up to 24 hours maximum. No currency conversion fees are charged by Pocket Option. Account currencies include USD, EUR, GBP, ZAR, and others.
Withdrawals: Same 50+ methods as deposits. Credit/debit cards take 1–5 business days; e-wallets up to 24 hours (often near-instant); crypto near-instant to a few hours; bank transfers 3–5 business days (up to 45 for wire); local/regional methods vary. Minimum withdrawal is $10. Withdrawals are processed manually after request submission. Users must withdraw via the same method used for deposit, and only one active withdrawal request is allowed at a time. Full KYC verification is required before the first withdrawal. Funds are stated to be held in segregated bank accounts at a licensed South African institution. 2FA (Google Authenticator) is available for withdrawal security.
Pros and cons
Pros:
Extremely low minimum deposit (from $5); trades from $1
350+ tradable assets across forex, stocks, crypto, commodities, and indices
No commission and no platform fees on deposits or withdrawals
50+ deposit and withdrawal payment methods, including local/regional options
Proprietary web and mobile platform (iOS/Android); desktop app available
MT4 and MT5 platforms available for forex/CFD trading
Free rechargeable demo account ($50,000 virtual balance)
103 OTC instruments for 24/7 trading, including weekends
Payouts up to 92% on Quick Trading (binary options)
Social/Copy Trading; weekly tournaments with real cash prizes
"My Safe" savings feature: up to 10% annual interest on unused balance
50% deposit bonuses (promo codes: 50START from $50, WELCOME50 from $100)
AI one-click trading; free trading signals via app and Telegram bot
Achievements and gamification system for skill-building
30+ technical indicators and analysis tools
24/7 customer support (live chat, email)
Available in 20+ languages
10+ million registered users; established since 2017
Trading robots and automated trading supported
Islamic/swap-free account available on all tiers
Cons:
Social/Copy Trading not available on demo accounts
No ETFs, bonds, futures, or traditional options
Customer support
Email: [email protected]
Live Chat: Available 24/7 on pocketoption.com and in the mobile app
Support Ticket: Available via platform dashboard (Finance > Support)
Help Centre: pocketoption.com/en/quick-start/
Blog/Knowledge Base: pocketoption.com/blog/
Registered entity: Infinite Trade LLC, San Jose, Mata Redonda, Blue Building, Diagonal to La Salle High School, San Jose, SAN JOSE 10108, Costa Rica (Registration: 4062001303240)
Support hours: 24/7, around the clock, all days of the week including weekends
Languages: 20+ languages, including English, Arabic, Spanish, Portuguese, French, German, Hindi, Indonesian, Malay, Thai, Vietnamese, Turkish, Russian, Ukrainian, Chinese (Simplified & Traditional), Korean, Japanese, Bengali, Swahili, Hausa, Urdu, and others. Platform UI is fully localized in all supported languages; website available in English, Portuguese, Spanish, Malay, Indonesian, and others.
Keywords (SEO)
Pocket Option, Pocket Option review, Pocket Option trading platform, Pocket Option Quick Trading broker.
Frequently Asked Questions about Pocket Option
Q: Is Pocket Option regulated?
A: Pocket Option is operated by Infinite Trade LLC, holding a Brokerage License under the International IBC Regulation Act 2014, regulated by the MWALI International Services Authority (MISA) in the Autonomous Island of Mwali (Moheli), Comoros Union. This is an offshore regulatory framework rather than a tier-1 regulator (such as the FCA or ASIC), so traders should factor that into their risk assessment.
Q: What is the minimum deposit at Pocket Option?
A: The minimum deposit starts at $5 for the Beginner account. Deposit amounts may vary by payment method and country.
Q: What is the minimum withdrawal amount?
A: The minimum withdrawal is $10.
Q: What trading platforms does Pocket Option offer?
A: The Pocket Option Proprietary Platform (web and mobile), plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for forex and CFD trading.
Q: What is Quick Trading?
A: Quick Trading is Pocket Option's binary/fixed-time options product, where traders predict whether an asset's price will rise or fall within a set time period. Trade durations range from 5 seconds to several hours, with payouts up to 92% and trade amounts starting from $1.
Q: Does Pocket Option offer a demo account?
A: Yes. A free, rechargeable demo account with a $50,000 virtual balance is available on the proprietary platform, and a separate demo forex account is available on MT4/MT5.
Q: Does Pocket Option offer Islamic (swap-free) accounts?
A: Yes, available on all account tiers via Profile > Settings > Islamic account toggle.
Q: What deposit and withdrawal methods does Pocket Option support?
A: Over 50 methods, including credit/debit cards, e-wallets (Payeer, WebMoney, Wise, Binance Pay, and others), cryptocurrencies (BTC, ETH, USDT, and 40+ others), bank transfers, and local/regional payment options such as M-PESA, UPI, Pix, and bKash.
Q: Are there fees for deposits or withdrawals?
A: Pocket Option charges 0% commission on both deposits and withdrawals, though third-party payment provider fees may apply.
Q: How do I contact Pocket Option support?
A: Via email ([email protected]), 24/7 live chat on the website and app, or a support ticket through the platform dashboard (Finance > Support).
