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Pocket Option Trading Signals

Pocket Option Trading Signals - TU Expert review

Updated: April 24, 2024

Mikhail Vnuchkov

Contributor

Reviewed by

Olga Shendetskaya

Editor

Fact-checked by

Mirjan Hipolito

Cryptocurrency and stock expert

Expert verified

Official Pocket Option
website Full Pocket Option
overview

Your capital is at risk.

Short introduction of Pocket Option

Pocket Option caters to both Forex and binary options traders, offering a wide range of trading instruments, a copy trading service, and passive income opportunities.
Clients can trade CFDs on currencies, cryptocurrencies, stocks, indices, and commodities with spreads starting from 1.2 pips and no additional commissions per lot. Pocket Option's unique "My Safe" service offers up to 10% annual interest on unused account balances.
While the platform excels in serving active traders, its demo accounts and referral program also offer value to beginners. However, the lack of cent accounts and ECN options could be a drawback for certain professional traders.

💰 Account currency:	USD
🚀 Minimum deposit:	$5
⚖️ Leverage:	1:1000 for MT4/MT5; 1:1 for options on the in-house platform.
💱 Spread:	1.2 pips for MT4/5
🔧 Instruments:	Binary options and CFDs on currency pairs, cryptos, indices, stocks, and commodities
💹 Margin Call / Stop Out:	30%/50%

Pocket Option Pros and Cons

👍 Advantages of trading with Pocket Option:

•MetaTrader provides for trading binary options and CFDs;

•A demo mode is available for all account types;

•To register, you may use your Google email or Facebook/Google account;

•Active, social, and algorithmic trading is available on MT4 and MT5 accounts;

•Spreads are from 1.2 pips for Forex and no fees per lot;

•Referral program for retail clients with rewards of up to 50%-80% of the referee’s income;

•“My Safe” service that provides for crediting 10% per annum on the account balance not involved in trading;

•Cash back and promo codes for binary option traders;

•50% deposit bonus.

👎 Disadvantages of Pocket Option:

•The broker offers neither cent accounts for novice traders to test strategies and advisors, nor ECN accounts with near zero spreads for professional traders;

•Real-time communication with operators is available upon funding the account.

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

Copy trading.
Email alerts.
Signals through a blog on the website.
Recommendations of a personal manager, etc.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

Pocket Option Trading Signals

Copy trading signals

Each trading platform offered by the broker has built-in tools for social trading, but they are implemented in different ways. MetaTrader platforms support algorithmic trading that provides for making income without independent trading.

Available options are:

Pocket Option social trading platform. Over 100 providers broadcast their binary options trades that are available for copying;
Trading signals for options. These can be copied on the Pocket Option platform and in Telegram;
Signals of the MQL community. These signals are copied on MT4 and MT5 automatically after traders choose providers and pay monthly subscription fees.

Pocket Option - How to choose a trader to copy trades | Firsthand experience of Oleg Tkachenko by TU

Pocket Option tested by Rinat Gismatullin

Expert Opinion

I believe trading signals can be a useful tool, but investors should enter the world of social trading with open and careful consideration. PocketOption offers several solid options for tapping into the insights of successful traders. However, it's important to remember that no trading strategy or signal provider is infallible. Markets are dynamic and unpredictable, so past performance is not a guarantee of future success.

When following signals, perform due diligence on providers. Look at their long-term track records, trading style, and the types of assets and strategies they focus on. Consider if their approach seems rational and well-thought-out. Also monitor their latest performance, as capabilities can change over time with shifting markets. Diversify your signal sources rather than relying on any single provider.

New traders should start with a demo account to get familiar with the platform and signal copying process without risking capital. Look for educational content from PocketOption as well, such as videos or articles explaining how different traders approach the markets. Developing your own basic analysis skills alongside signals will help you identify high-quality providers and catch any issues yourself over time.

Anastasiia Chabaniuk

Author, Financial Expert at Traders Union

Team that worked on the article

Mikhail Vnuchkov

Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya

Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.

Mirjan Hipolito

Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).