How to verify Pocket Option account:
Verification through email. Once you register with Pocket Option, a confirmation email will be sent to your registered address, which will contain a unique link.
Verification through identity proof. You must upload a valid ID.
Verification through address. You must upload documents confirming your current residential address.
Bank card verification. Upload scans of both sides of the card.
In today's digital age, ensuring the security and authenticity of online trading accounts is paramount. This article delves into the verification process of the Pocket Option trading platform. We'll walk you through the steps, the documents required, and the importance of this procedure. Whether you're a seasoned trader or a newbie, understanding the verification process can help you confidently navigate the platform.
Verification through email. After registering on the Pocket Option, a confirmation email is dispatched to your registered address. This email contains a unique link, which should be accessed by email. The confirmation link might be in your spam folder if it is elusive. Alternatively, you can request a resend from the Identity-Info Option in the Profile Menu. If issues persist, contacting Pocket Option's support email is advised.
Verification through identity proof. The verification process commences upon filling out your name and address. Essential documents like a passport, ID card, or driver's license must be uploaded. Ensure these are high-resolution, colored scans with visible edges. Once uploaded, the Pocket Option will process the verification request, which you can track in real-time.
Verification through address. Like identity verification, address verification requires you to input your address details and provide documentary proof. Acceptable documents include bank statements, address certificates, or utility bills not older than three months. Ensure the uploaded documents are clear, colored, and unedited.
Bank card verification. If you intend to withdraw funds using a card, Pocket Option will request card verification. This is optional upfront, especially if the same card was used for the initial deposit. Upon withdrawal request, navigate to the “credit/debit card verification” option on the Profile page. Upload scans of both card sides, ensuring most numbers are hidden except the last four digits, the CVV is covered, and the card is signed.
Note:
You won’t be perform Pocket Option withdrawal without verification. Pocket Option withdrawal takes up to 5 business days.
Passport or photo ID. Establishing one's identity is a foundational step in the verification process. A high-resolution, colored passport scan or a valid photo ID is typically required. This document should display the individual's photograph, name, date of birth, and other relevant details. It serves as a primary tool to confirm the user's identity, ensuring that the person registering is genuine and has legitimate intentions on the platform.
Proof of residency. Beyond identity, platforms often need to ascertain a user's current residence. This can be achieved by providing a recent utility bill, a bank statement, or an official address certificate. These documents should ideally be dated within the last three months and clearly display the user's name and address. This step ensures that the user's location aligns with the platform's operational regions and adheres to any jurisdictional regulations.
Pocket Option for beginners may be tough to use at the start. However, it's important to note that it gets easier with time. The standard identification process on Pocket Option is typically completed within 10 business days from the request. However, this duration might extend to 30 working days in certain scenarios. It's essential to provide accurate and clear documents to expedite this process.
While Pocket Option emphasizes the importance of verification, if you've used the same card for depositing funds, you might experience a smoother withdrawal process without immediate verification. However, it's always recommended to complete the verification to avoid any potential hitches during withdrawals. The Pocket Option fee is $0.5 per average and 1.1 pip for the MT5 account.
Pocket Option, being a regulated platform, places immense importance on verification. This procedure ensures account and fund security and aligns with financial regulations and AML requirements. Without verification, you cannot utilize a Live account on Pocket Option.
Security of account. The verification process is a robust shield for your trading account. By confirming the authenticity of the user's details, it significantly reduces the risk of unauthorized access. This added layer of security ensures that only the rightful owner has control over the account, safeguarding it from potential breaches or malicious activities.
Security of funds. Beyond just account access, verification plays a pivotal role in protecting your financial assets on the platform. Verifying the account holder's identity ensures that both the initial deposits and subsequent earnings remain secure. This process gives traders peace of mind, knowing their funds are safe from unauthorized transactions.
Secure deposits and withdrawals. Depositing or withdrawing funds becomes more streamlined post-verification. With the user's identity confirmed, the platform can process these transactions more confidently, minimizing potential hold-ups or delays. This enhances the user experience and ensures that traders can access their funds promptly when needed.
Adherence to Pocket Option rules. Every trading platform, including Pocket Option, operates under guidelines designed to maintain its integrity and ensure fair trading practices. Users demonstrate their commitment to adhering to these rules by undergoing the verification process. This mutual understanding between the platform and its users fosters a trustworthy trading environment for all parties involved.
Verification document rejection. The integrity of the documents submitted during the verification process is paramount. Rejection can occur if the scans need to be clearer, making details unreadable, or if there are inconsistencies between the information provided and the documents. Ensuring that all submissions are accurate and high-quality is essential to avoid such issues and expedite the verification process.
Missing identity information. A comprehensive profile is crucial for the verification process. If certain identity details are missing or not provided, it can stall or even halt the verification. Traders should meticulously fill out all required fields and double-check the information to ensure a smooth and swift verification experience on the platform.
Age restrictions. Age plays a significant role in online trading platforms. Most platforms, including Pocket Option, have a minimum age requirement, typically 18 years. Individuals below this age are considered minors and might not have the legal capacity to engage in trading. It's crucial to be aware of such age restrictions before registering.
Usage of graphic editors. Authenticity is a cornerstone of the verification process. If there are indications that a document has been tampered with, altered using graphic editors, or shows signs of forgery, it will be outrightly rejected. Such actions delay the verification process and can lead to account suspension, emphasizing the importance of submitting genuine, unaltered documents.
Initiation. The platform may prompt a verification process for traders aiming to withdraw funds using a card on the Pocket Option. This is especially true if the card chosen for withdrawal differs from the one used for the initial deposit. This step ensures the funds are directed to the rightful owner and helps maintain the platform's security standards.
Document submission. The Profile page on the Pocket Option platform houses a designated section labeled “credit/debit card verification.” Within this section, traders are required to upload clear scans of both sides of their cards. It's crucial to adhere to the platform's guidelines, which typically involve concealing certain card details for added security, ensuring only the necessary information is visible.
Tracking. After successfully submitting the required card scans, Pocket Option provides a feature allowing users to track the status of their verification request. This real-time tracking ensures transparency and allows traders to gauge the expected time frame for the completion of their verification, ensuring they remain informed throughout the process.
Yes, you must verify your account before starting to trade.
While possible in some cases, you'll generally receive a notification from Pocket Option to complete verification before withdrawing funds.
Absolutely. Pocket Option operates under the International Financial Market Relations Regulation Center (IFMRRC) regulations.
E-payments and cryptocurrency transactions are often instantaneous. However, bank transfers might take a few business days.
Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses who want to improve their Google search rankings to compete with their competition.
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.
