Pocket Option Broker is an innovative online trading platform that has garnered a significant amount of attention in recent years. It’s a binary options broker, which means it allows traders to predict the price movement of various assets like stocks, commodities, or cryptocurrencies and make profits if their predictions are correct.
The Pocket Option Broker was established in 2017 by Gembell Limited and is registered in the Marshall Islands. The platform operates on both desktop and mobile devices, making it accessible for traders on-the-go. It offers over 100 different assets for trading, including popular ones like Bitcoin, Ethereum, gold, silver and many more.
For beginners who are new to binary options trading or online trading platforms as a whole, understanding how Pocket Option Broker works can seem daunting at first glance. However, once you get started with it, you’ll find that it’s relatively straightforward.
To begin with Pocket Option Broker you need to create an account on its platform. You can do this by providing your email address and creating a password. Once your account is set up you can start exploring the vast array of features offered by this broker.
One feature that sets Pocket Option apart from other brokers is its demo account option. This feature allows beginners to practice their trading strategies without risking real money – making it ideal for those who are still getting comfortable with the dynamics of binary options trading.
When using Pocket Option Broker for actual trades; firstly select an asset you wish to trade from the list provided on the platform. Next step involves predicting whether its price will rise or fall within a specified time frame (from one minute up to four hours). If your prediction turns out correct when the time expires; then congratulations! You’ve just made profit!
The amount of profit depends upon two factors: how much money was invested into the trade (the higher your investment amount; higher potential returns) and payout rate offered by chosen asset (usually ranges between 70% – 90%).
Pocket Option Broker also provides a wide range of tools and resources to help traders make informed decisions. These include live charts, indicators and social trading features that allow you to follow the trades of successful investors.
In terms of security, Pocket Option uses advanced SSL encryption technology to ensure that your personal information and funds are safe. It also adheres to strict financial regulations, providing further assurance for users.
Overall, Pocket Option Broker is an intuitive platform for binary options trading. Its user-friendly interface combined with a wealth of educational resources makes it an excellent choice for beginners who are looking to enter the world of online trading. Despite being relatively new in the market, it has managed to carve out a niche for itself due to its unique offerings and commitment towards customer satisfaction.