Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Pocket Option Pros & Cons
- Trading binary options and CFDs;
- A demo mode is available for all account types;
- Active, social, and algorithmic trading;
- Spreads are from 1.2 pips for Forex and no fees per lot;
- Referral program for retail clients;
- “My Safe” service that provides for crediting 10% per annum on the account balance;
- Cash back and promo codes for binary option traders;
- 50% deposit bonus.
- Real-time communication with operators is available upon funding the account.
TU Expert Verdict
I can confidently recommend Pocket Option — it is a highly trusted company that I have personally tested and verified. Its trading conditions and user feedback show that most traders are satisfied, and my own experience confirms its solid and consistently reliable performance.
Top-5 Brokers Traders Prefer
Pocket Option User Reviews
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5-star
59%
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4-star
36%
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3-star
5%
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2-star
0%
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1-star
0%
None
I tried Pocket Option after my friend made $5k in a month trading there. Sure, I saw some negative reviews on Trustpilot mentioning huge losses, but I figured I'd tried it for myself. I started with the demo account and watched tutorials to get a trading strategy using the Momentum 10 indicator. I watched how the momentum line moved, using spikes as reversal signals. Once I felt I had a decent handle on things, I deposited $200 to start trading for real, but playing it safe with small trades. After practicing on a demo account, I went to live quick trading. Using that momentum strategy on EUR/USD, I got 8 straight wins right out of the gate. In total, around 9 out of every 10 trades were profitable for me. I didn't notice any sketchy chart manipulation or anything like in the other reviews. If concerned about losses, definitely start off small with a lower deposit amount. So far, so good with Pocket Option for me.
I decided to try Pocket Option and didn’t regret it – the platform is actually very convenient, even though it doesn’t have TradingView. The charts are decent, there are tons of indicators (I personally like RSI and Bollinger Bands), and everything runs smoothly. The mobile app works great too – you can trade from your phone without any issues.
A couple of weeks ago, I deposited $200 and started with EUR/USD. I caught a bounce off a level using the EMA 50, placed a $30 trade on an upward move – 10 minutes later I got $52. I also made a successful trade on Bitcoin – saw it was overbought based on RSI, placed a $50 trade on a drop, and 15 minutes later walked away with $85.
I’ve withdrawn money twice: the first time $150 to my card (arrived in 2 days), and the second time 100 USDT – it came through in half an hour. Support responds quickly if anything’s unclear.
All in all, if you’re looking for a convenient broker with solid payouts – Pocket Option is a great choice. The key is not to s
demo accounts may not reflect the real market situation
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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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria8 /10The trading and non-trading commissions of Pocket Option have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
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Is Pocket Option Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria4.2 /10Pocket Option has a safety score of 4.2/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 9 years
- Not tier-1 regulated
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.7.3 /10Pocket Option offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Swap Free (Islamic) account
- Low minimum deposit
- Standard account with balanced trading conditions
- Micro lots are not available
- No VIP account option
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology7.3 /10Pocket Option received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria6 /10Pocket Option offers a limited selection of trading assets compared to the market average. The platform supports 100 assets in total, including 40 Forex pairs.
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Trading Account Opening
We successfully registered an account with Pocket Option in 3 minutes. The KYC verification was completed within 3 business days. The minimum deposit amount at Pocket Option is $5.Score:We evaluated Trading Account Opening at Pocket Option by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.9 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria7.6 /10Pocket Option received a score of 7.6/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
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Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria8 /10 -
Customer Support
Score:We evaluated Customer Support at Pocket Option by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria7.7 /10
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Pocket Option Video Guides
FAQs
How safe is trading with Pocket Option in terms of regulation and investor protection?
Pocket Option has a safety score of 4.2/10, which corresponds to a low security level in this review. It is regulated by the Mwali International Services Authority (MISA) in the Comoros, classified here as Tier-3 regulation, and offers negative balance protection and KYC, but there is no specific investor compensation fund mentioned.
What account types and trading modes are described for Pocket Option in this review?
The review states that Pocket Option offers Demo, Standard, ECN/Raw spread, and Swap Free accounts, but does not provide Cent accounts or micro lots. It also describes specific setups: Quick Trading (QT) for binary options on the proprietary platform, MT4/MT5 accounts for CFDs with leverage up to 1:1000 and variable spreads from 1.2 pips, and a Shares Trading MT5 account for stock CFDs with 1:1 leverage and spreads from 10 units of the base instrument currency.
What do user reviews say about Pocket Option overall?
Pocket Option has a user satisfaction score of 9.1/10 based on 729 reviews, with 59% of ratings at 5 stars and 36% at 4 stars. According to user reviews, overall feedback is mostly positive, with very few low-star ratings reported in this section.
How do reviews describe the account opening process with Pocket Option?
The review notes that an account with Pocket Option was successfully registered in about 3 minutes, with KYC verification completed within 3 business days and a minimum deposit of $5. It describes the process as fully online and relatively fast, while also mentioning that account approval may take longer depending on the documents provided.
What trading platforms and tools does Pocket Option provide, according to this review?
Pocket Option supports MT4, MT5, and a proprietary platform, and the review gives its platforms and tools a score of 7.55/10, indicating an average offering. It mentions features such as one-click trading, support for trading bots (EAs), free VPS, 2FA, alerts, and around 30 indicators, while noting the absence of TradingView, cTrader, and API access.
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Cool to hear that you are making a profit. I've heard a lot about difficulties with cashing out. How did you experience that yourself?
Gaaf om te horen dat je winst maakt. Ik heb veel gehoord dat er moeilijkheden zijn met het uitbetalen. Hoe heb je dat zelf ervaren?