Reviews About Pocket Option From Clients In Brazil
According to customer reviews on the Traders Union portal, Pocket Option is considered the sutable broker for beginners because it is secure, reliable, and user-friendly, with quick order execution. However, being perceived as an unregulated broker is one of the difficulties this broker encounters in this jurisdiction.
Brazil is among the countries where Pocket Options accepts clients since there are no restrictions on using Pocket Option in these jurisdictions. It is recommended that traders do their homework to ensure the broker is regulated and offers services that align with their investment philosophy. However, you will discover much about Pocket Options by reading the Pocket Option reviews in Brazil.
So, in this article, TU experts will present traders with genuine reviews about Pocket Option services as posted by previous users. You will also get comprehensive information on the regulatory status of the broker. Read on.
-
Is Pocket Option a trustworthy broker?
According to Pocket Option reviews on the Traders Union portal, Pocket Option is a safe broker with good order execution, low spreads, a convenient user account, and many deposit and withdrawal methods. Pocket Option is overseen by the Mwali International Service Authority (MISA). They operate with the license number T2022086.
-
Does Pocket Option work with clients from Brazil?
Yes. Pocket Option works with Brazilian clients even though the broker is not regulated in Brazil. No legal restrictions are preventing this broker from conducting business in Brazil. Pocket Option is regulated by the Mwali International Service Authority (MISA), and it operates with the license number T2022086.
-
Is it easy to start trading with Pocket Option?
Starting to trade on the Pocket Option platform is very simple. First, you need to open a trading account, which can be a demo or a real account. Opening a demo account on Pocket Option is the fastest among other brokers. It is also quick to open and validate a legitimate trading account.
-
Is the Pocket Option good for beginners?
Yes. Considering the low minimum deposit and trading fees, user-friendly trading platform and interface, bonuses, free demo account, and copy trading system, Pocket Option is surely a top broker for beginners.
Pocket Option reviews from Brazilian traders
-
Comment
My first impression of Pocket Option was very positive — the registration process is simple, and verification is instant. You just need to upload a photo of your ID, and within half an hour, you can fund your account. The minimum lot for binary options is just $1, which makes it convenient to test strategies without much risk. I also appreciated the bonus programs — I received a 50% bonus on my first deposit, which allowed me to open additional trades. In the first month, I earned $58 on options.
-
Comment
Pocket Option pleasantly surprised me with the wide range of deposit and withdrawal methods — over 50 options, including bank cards, e-wallets, and more than 30 cryptocurrencies. For me, this was the deciding factor when choosing a broker. The withdrawal was fast: $120 was credited to my AdvCash account within 2 hours. The platform is user-friendly, Forex spreads are reasonable, and I was also impressed with the accuracy of their signals — 7 out of 10 trades closed in profit.
-
Comment
Reliable and User-Friendly Broker I've been using Pocket Option for 8 months and it’s been great. The platform is easy to use, even for beginners. I usually trade GBP/USD and USD/JPY in the evenings. Withdrawals are fast — I’ve withdrawn $200–$300 multiple times via Skrill and Litecoin. LTC withdrawals took around 15–20 minutes, Skrill about 4–6 hours. Support is responsive and helpful, and I really like the technical tools and signals. Overall, it’s a solid broker for short-term trading — definitely recommend.
-
Comment
I started trading with Pocket Option at the beginning of this year and was pleasantly surprised by the low minimum deposit of just $5. It’s a great option for beginners — no need to risk a large amount upfront. The broker offers over 100 trading assets, and I actively use currency pairs and cryptocurrencies, which helped me grow my deposit by $48 in a month. I especially liked the ability to copy signals from professional traders via the MQL5 platform — the signal success rate is over 70%. I also appreciated the fast verification process and the wide range of deposit and withdrawal methods — it's very convenient to top up via AdvCash.
-
Comment
I use Quick Trading mode best for me and I like it.
Is Pocket Option regulated in Brazil? Is it safe?
Pocket Option, which operates as a division of Infinite Trade LLC, is under the regulatory oversight of the Mwali International Service Authority (MISA), refuting any assertions against its legitimacy. Operating as a division of Infinite Trade LLC, Pocket Option is also authorized by the International Financial Market Relations Regulation Center (IFMRRC). It is important to note that Brazilian financial regulators have not granted Pocket Option an operational license. However, traders in the region continue to have access to the broker's services.
The official Pocket Option website reveals that Infinite Trade LLC is registered in four distinct regions, each identified by the unique registration number 4062001303240. These regions include:
-
1
San Jose-San Jose Mata Redonda
-
2
Republic Of Costa Rica
-
3
Blue Building Diagonal To La Salle High School
-
4
Neighborhood Las Vegas
The regulatory document the broker displays on its official page further confirms the broker's dedication to fulfilling all the prerequisites specified in the International Business Company Act. Despite the absence of a license from a prominent financial regulator, Pocket Option remains a reliable and secure platform for Indonesian traders to actively participate in, despite uncertainties arising from the lack of licensure by a top regulatory body.
Why is the regulation of pocket options a concern?
Pocket Option is currently under scrutiny due to concerns surrounding the lack of international recognition for the country and the financial institutions overseeing its operations. The regulatory authority in question hails from Comoros, a nation located in the Indian Ocean off the eastern coast of Africa.
Comoros comprises three islands and faces economic challenges, including a youthful and rapidly growing population, limited natural resources, and inadequate transportation infrastructure. The country is particularly vulnerable to climate change, with 54.2% of its population residing in areas at risk.
The financial regulator for this region is the Mwali International Services Authority, which holds exclusive jurisdiction over financial services and licensing in Moheli, an autonomous territory. In 2013, the government introduced amendments to the law on banking and other activity licensing, and in 2019, new regulations were implemented, encompassing aspects such as virtual currencies.
Presently, the M.I.S.A. oversees approximately 12,000 registered companies, including 24 foreign banks, 6 insurance companies, 9 gaming companies, and 84 trust and brokerage companies. As a general guideline, financial regulators advise traders to consider brokers regulated by their country's financial institutions or those recognized by leading global financial regulators.
How to start trading with Pocket Option
To start trading on Pocket Option, you need to set up a Pocket Option account (demo or real account). If you do not have any experience in binary, Forex, or stock trading, it is best to open a demo account since it is a free account. The demo account is also useful for professionals looking to test the platform for the first time. Below are steps on how to create a demo account on the Pocket option.
Step 1: Visit the Pocket Option official website and click on “free demo account”
Pocket Option website
Step 2: Click on a demo account to navigate to the demo trading platform
Pocket Option website
Step 3: Start trading
The basic steps to opening a trading position include selecting the instruments you want to trade, selecting chart types and indicators to monitor trade movements, setting the order time, entering the amount to trade, and choosing whether to go high or low.
Pocket Option website
Note: To open a real trading account, click on Register at any time, or go back to the home page and click on Registration. Trades on real accounts on Pocket Option can only be opened after completing the verification process and depositing a minimum of $5. The process of trading instruments is the same as it is on the demo account.
Pocket Option website
Related Articles
Team that worked on the article
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
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).