Reviews About Pocket Option From Clients In Bangladesh
Reviews about Pocket Option
According to customer reviews on the Traders Union portal, Pocket Option is considered a safe broker. More users confirm that Pocket Option is among the top binary options providers, offering a quick and easy way to fund an account and transfer funds to any bank card or e-wallet. One of the challenges this broker faces in some jurisdictions is that they are believed to be an unregulated broker.
Researching and reading reviews about Pocket Option services is a good practice for aspiring traders in Bangladesh. The broker is not available in some countries because of the regulatory scrutiny in these nations. However, Pocket Option reviews will inform traders about the broker's trading services, tools available for trading, and regulatory status.
So, in this article, you will read the top Pocket Option reviews in Bangladesh by traders using this platform already. Again, you will learn about the regulation of Pocket Option in Bangladesh and how it is the best broker for beginner traders.
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How to start trading with Pocket Option?
To start trading with the Pocket Option, open a demo and a real trading account. Simply go to the Pocket Option website, click "Free Demo," choose any trading instrument, forecast the direction of the price movement (which could go either way), and open positions to initiate a demo account. Go to the official Pocket option page, click "Sign In," fill out the form, and hit "Submit" to create a real account. Check your inbox for a confirmation email with a code or verification link, then proceed to validate your account.
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Is the Pocket Option safe? Is it legit in Bangladesh?
Despite not being subject to Bangladeshi regulations, Pocket Option is a secure broker that is overseen by the Mwali International Service Authority (MISA). They operate with the license number T2023322.
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What do Traders Union users think about the Pocket Option?
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/withdrawal methods. After evaluating more than 100 criteria and putting applicants through an account-opening test, Pocket Option is ranked 6th out of 367 companies in the TU Ranking.
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What is a Pocket Option minimum deposit for traders in Bangladesh?
A $50 minimum deposit is required to open a live account at Pocket Option, and $1 is the minimum trade amount.
Pocket Option reviews from Bangladesh traders
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Comment
As a binary options trader.. what you want...a quick deposits and withdrawals and fast and friendly support system..in this case pocket option is really great..
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Comment
One of my Forex expert friends recommended Pocket Option to me. She has been a user for two years. The registration was fast, it took less than two minutes because I linked my existing gmail account. After testing the demo account, I tried to top up my balance and it was good to know that Pocket Option accepts common e-wallets in my country, making it accessible. There was also a limited offer of getting a 50% bonus with a minimum $50 top up, plus a free gift. I decided to transfer $100 as an initial deposit, and was redirected to my e-wallet website. I needed to log in and the amount was converted into our local currency. I checked the real-time exchange and there were no service fees included. After confirming the transfer, the money was reflected quickly. I am quite impressed by how fast and beginner-friendly the process is, especially in my country where online transactions often hit problems.
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Comment
The Pocket option support is not only for traders using the real account, you can reach out to the customer care if you are a beginner practicing trading on the demo account if you are stuck. The pocket option platform makes it easy to quickly contact support without leaving the trading platform.
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Comment
I opened an account with Pocket Option in February and was surprised by how easy it is to use the platform. Setting up the demo account was straightforward. It provided access to various trading instruments, such as quick trading, shares trading, forex mt4, and mt5. This allowed me to try different strategies without risking my money. Another thing I liked was the ability to trade popular currency pairs like usdjpy on the demo account, and it comes with a $50,000 balance on the quick trading. There are also indicators like moving averages that are free to use. It helped me understand market movements and execute trades. On the disadvantage, I have observed that demo accounts may not accurately reflect the volatility of live markets. Everyone should be cautious when transitioning to a live account. Overall, Pocket Option demo account is one of the most convenient to use out there but not the most accurate.
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Comment
pocket option very good plafrom in th world ,quick withdrawal ,friendly support servis is amzing and i most like part is lot of deposite methdos in this platfrom .support servise is amazing .thank you pocket option .my id 54879604
Is Pocket Option regulated in Bangladesh? Is it legit?
First, Pocket Option is not regulated in Bangladesh, even though they accept clients from Bangladesh. Even though many jurisdictions acknowledge that this broker is unregulated and its legality is being investigated, it is nevertheless a secure broker. However, this broker displays a signed certificate from the International Financial Market Relations Regulation Center (IFMRRC) on its official website.
With license number T2023322, Pocket Option is governed by the Mwali International Service Authority (MISA) and is a division of Infinite Trade LLC. Information on the official Pocket Option website states that Infinite Trade LLC is registered in four different regions under the registration number 4062001303240. These include;
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San Jose-San Jose Mata Redonda
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Republic Of Costa Rica
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Blue Building Diagonal To La Salle High School
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Neighborhood Las Vegas
The regulatory document on the site says the broker satisfied all the requirements in the International Business Company Act. This is per the mandate that the Autonomous Istand of Mwali (Mohéli) International Services Authority Office was given by the International Act of 2001.
Why is the regulation of pocket options a concern?
One of the reasons Pocket Options are under examination is that the country and financial institution in charge of regulating them are not well-known. It is governed in Comoros, which is located in the Indian Ocean off the eastern coast of Africa. Together with numerous smaller islands, the three main islands that comprise this archipelago are Grand Comore, Mohéli, and Anjouan.
The financial regulator in this region is the Mwali International Services Authority, and they have exclusive authority for financial services and licensing in Moheli (an autonomous territory). New regulations concerning virtual currencies were enacted in 2019 after the government modified the banking and other activity licensing law in 2013. There are currently over 12,000 registered companies with the M.I.S.A., comprising 24 international banks, 6 insurance companies, 9 gaming companies, 84 trust and brokerage companies, and so on.
Generally speaking, investors ought to only work with binary brokers licensed by reputable financial authorities. Investors may not receive compensation if a broker files for bankruptcy if they are not under the supervision of highly regarded regulators.
Is trading with Pocket Option halal?
Yes. Trading with Pocket Options is halal as the broker makes provision for accounts that follow the requirements of Islamic trading laws. If trading occurs in the same setting as the contract and goes through directly, without a break, without interest, then it is deemed halal. Delays in transactions can be viewed as usury, which could pose a challenge for Muslim Forex traders.
In compliance with Islamic law, an Islamic trading account is a swap-free account that forbids the accrual and payment of interest rates. With these accounts, traders can be sure that their transactions are completed instantly. Muslim traders using this type of account on Pocket Option enjoy a trading experience that is in line with their religious beliefs because they comply with Sharia law's requirements.
Is Pocket Option suitable for beginners?
Yes. Pocket Option integrates features that make trading more straightforward for first-time traders. The broker is renowned for its customizable features, speedy execution, and user-friendly interface. Investors wishing to practice trading binary options and other assets on the platform can open a demo account. Trades can mimic the trading strategies of seasoned traders through social trading options.
Novice traders may also benefit from the educational materials offered to assist them in learning how to trade assets on the platform. Pocket Option provides access to over 100 foreign trading assets, including indices, stocks, commodities, cryptocurrencies, and currency pairs.
Pocket Option does not charge for accounts, trading, withdrawals, or deposits. It is encouraging to see that the majority of user reviews for PocketOption indicate that withdrawal issues are nonexistent. The site offers excellent account management, automated trading tools, adaptable customer service, and security to guarantee a profitable trading endeavor.
Pocket Option has garnered favorable feedback despite being perceived as an unregulated broker. Users' overall satisfaction is directly attributable to the platform's extensive range of trading tools and informative features, which they find valuable.
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).