Pocket Option Review Malaysia – Pocket Options Broker
Pocket Options offers many excellent features for new and existing traders. When you check out different types of accounts, you will find that they work with traders of any level – beginner, experienced, master, etc. This site is straightforward to use, and even if CySEC doesn’t give them a license, they have a good one. Respond online and check all the boxes of the trusted broker. We like the ease of use and the no-frills approach, replicated with a great user experience. Our team has thoroughly analyzed Pocket Options to present this Pocket Options Review Malaysia.
Pocket Options accepts traders from Malaysia and offers its award-winning trading platform. It was Founded in 2017 and registered in the Marshall Islands, it is fair to say that the pocket option is already crowded, new to the binary options market. However, being controlled by IFMRRC and having easy access, high-quality sites, and trading platforms makes Pocket Options a fresh and innovative broker. It’s arguably the best demo account available today, and with many other excellent account features, it’s a thumbs up for pocket options.
The availability of over 100 top assets for trading allows you to make huge profits. In addition, their sites and platforms are clean and user-friendly, so this is a real advantage if you are new to trading. Accessing the demo account is the easiest thing we’ve ever seen. It’s one click and you’re trading with $ 10,000 in virtual cash. Minimal trades start at just $ 1, and the minimum deposit requirement is $ 50, so they are making themselves accessible to traders at all levels.
If you are not sure that this broker is for you and want some help deciding, keep reading this deep pocket options review Malaysia. However, we are confident that the pocket option is a popular choice, and their impressive stats back it up. We’ve found that they have an average of over 8,000 global traders online at any given time.
- 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 Review Malaysia – Account Types
Often, when you register with a Pocket Option broker, you need to read a lot of information and spend time figuring out which trading account is suitable for you. The study may involve a careful initial accounting or deciding whether to invest more to get more benefits from the broker.
With the pocket option, it’s easy. You have two choices, practice or real money trade. You can open a free demo account, trade with a virtual fund, or open a live account. Having the option of a real account puts things on the same playing field. And you can trade with confidence, knowing that everyone has the same advantage.
Not all brokers offer a binary options free demo account, and most will not allow you access without registering. The pocket option has a much more relaxed approach; it’s just a click away, and you can start trading with virtual funds. When writing this Pocket Options Review Malaysia, we found the Pocket Options demo account to be one of the best online trading platforms in the trading industry.
You will be taken directly to the platform, where you can start trading instantly with $ 10,000 Virtual Money. The demo account will let you get acquainted with the trading platform and its internal workings in minutes. It is an advantage for experienced traders as all platforms change. This is an excellent opportunity for beginners to find out if trading is for you before funding it. With $ 10,000 virtual funds, you will have enough capital to gain some helpful experience.
For those traders who want to go directly to the live binary options trading platform, like $50, you can open a live account. Of course, you may decide to try a demo account first and then upgrade to a live account. But no matter how experienced you are. It’s good to use a demo account to get used to the new trading platform.
Although you open a live account, you can start trading with as little as $ 1 on over 100 diverse trading instruments, including stocks, indices, commodities, and currencies. You will also have access to a full host of other account facilities such as tournaments, cashback, indicators and signals, social trading, achievement, and a wide range of educational support sections.
Pocket Option Review Malaysia – Trade Features and Payouts
Although only one type of binary options trade type is available with pocket options, the expiration time starts at 60 seconds. The site is design for make the trading process more accessible. Whether you are new to trading or this broker, its ease of use makes the experience more intuitive and user-friendly, enabling you to focus on essential things like actual trading. Investors can trade a full range of assets from stocks, commodities, indices, and currencies, including cryptocurrencies.
Pocket Option Review Malaysia – High/Low
Often referred to by other names, the high/low options offer the same name. You either bid that the price will end up being more or less than the value of the property when you enter the trade. Now some people prefer to trade in products like gold or oil while others prefer to trade in coins, stocks, or indices. This is an excellent idea to select an asset you have researched to get an idea of the asset you feel comfortable with and how it will work.
Predicting the value of short-term options like 60 seconds is an excellent strategy for beginners. You can expect instant results that help you better understand the markets and make quick profits. However, while these fast trades can increase your account balance incredibly fast, the reverse is entirely possible.
You will also see the high or low option called Call or Put and Up or Down, but they mean the same. Long-term binary options are recommended for those with a little more experience as they can be quite sensitive to external factors such as market news and volatility.
Pocket Options offers excellent payout levels up to 128%. As you would expect, it varies depending on the assets traded, the size of the trade, and other factors. The minimal payout is 50%, so you know that your successful trades will pay anywhere between 50% and 128%. We assume that most trades can expect to pay between 60% and 100%, making highly competitive and pocket options a fair broker.
Pocket Option Review Malaysia – Bonuses and Promotions
If you choose to open an account and trade with pocket options and deposit a minimum requirement of $50, you will be eligible for a 50% deposit bonus. No matter how much you deposit, they will put another 50% on top of your total deposit. Its deposit bonus benefits all traders. However, those with a lot of trading capital can cash in.
You must be aware that you can’t withdraw bonuses directly; It needs to be traded a certain number of times first. This is an ideal practice, and it is done to protect brokers from fake sign up whose sole purpose is to withdraw the bonus immediately. When writing this Pocket Option, support says that a 50% bonus is a limited offer, so be sure to take advantage of it before it expires.
Deposits and Withdrawals
Everything you need to understand about deposits and withdrawals is available when you land on the website. You will find that there are many ways you can deposit using a debit card or credit card, e-wallet (Skrill and Neteller), and even cryptocurrency. Bitcoin and other currencies are all accepted for trading. They adopt more than 100 different payment methods.
As we have already discussed, the minimum deposit is only $50, and the minimum withdrawal amount is only $ 10. The pocket option also does not charge a commission on deposits or withdrawals, which is not always the case with brokers. It is also the best idea to consider any transaction or currency conversion fees your provider or bank may charge, as these may consume your profits.
Pocket Option Review Malaysia – Mobile Trading
The Pocket Option website is user-friendly, no matter what device you use. Things are kept short and intuitive, which makes navigation easy. There is only one page before you come to the trading platform, be it a demo or live real money version. The mobile version website platform performs well. It is using for portrait and landscape modes. After using the trading platform for a couple of minutes, you realize that the implementation of the software is excellent. This is primarily due to the superb design and all the mobile app’s desktop version features.
There are iOS, Android, and Windows versions for those who prefer to use dedicated apps. It may not be easy to download the software and start trading no matter what device you use. However, we tested three mobile apps and found them to be as stable, well-designed, feature-rich, and user-friendly as the web-based versions.
A standout feature of Pocket Options is the ability to use social trading. The social trading is a system where you can monitor the successful trades of Malaysian traders and then copy and mirror them. This social trading economy makes trading more accessible for beginners before you try to make your own decisions.
Other notable features include tournaments, achievements, and more. Tournaments give competing traders the perfect opportunity to pitch themselves against others and test their skills. Of course, if you succeed, you can expect to win some fantastic prizes. We’ve seen over $ 50,000 in prize money. Notice a subject; Pocket Options does not currently offer Forex trading of the current pair.
Achievements allow you to praise your trading success and gain trading benefits. This includes benefits ranging from a percentage bonus to free trading capital.
Pocket Option Review Malaysia – Customer Support
Customer support is available on the website. You will have the option of emailing different sections, calling a free phone number or starting a live chat. In addition, you can send a message directly via a contact form.
We found that our queries were answered quickly and accurately through all means of communication during our tests. There are also visible social media site links, so you know you can post them publicly on Facebook, Twitter, and other famous social networks if you need to.
Pocket Options Contact Details
We want to help our traders in any way we can, but sometimes it’s best to talk directly to your investment site to get the answers you need. For example, if you have a specific question about your account, you need to contact them personally for security reasons.
Alternatively, if you find that contacting your broker is not working, you can contact us. We will be more than happy to try our best. We have excellent working relationships with many of the sites we list and recommend.
- Phone: +44 0800 088 5535
- Email: firstname.lastname@example.org
- Address: Gembell Limited, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands
Pocket Option Review Malaysia – Conclusion
Pocket Options offers some excellent features for both new and existing traders. Combined with their low minimum deposit and trading fees, this is a great start, and they are highly recommended. It has been further improved to achieve payouts up to a whopping 128%. Okay, so the statistics are good but do they distribute to other essential areas?
Help is easy to communicate, and we get quick answers. Although CySEC does not license these brokers, they have a certificate from the IMFRRC, have a great response online, and tick all the boxes of a well-managed broker.
In short, we are happy to recommend Pocket Options as a binary options broker because of its simple account layout and level playing field it offers to binary options traders. Moreover, combining well-integrated trading experience from every angle makes them a solid choice for new and experienced Malaysian users.
Is Pocket Option legit?
They have a certificate from the IMFRRC and great feedback from Malaysian traders. In addition, their site uses a secure payment system for those traders.
Do they have a mobile or tablet app?
Yes, they do. Pocket Option offers a mobile trading app for download on both Android and iOS.
What bonus do they offer new traders?
The bonus is provided as a limited offer. Unfortunately, we do not know when this will change or remove.
What’s the minimum deposit and trade amount?
A minimum deposit of $ 50 is required to open a live account, which is very low compared to most brokers. You can trade on live platforms for as little as $1 per trade.
Can I start trading with a demo account?
Yes, this is a powerful feature of the pocket option. Just click and trade.