Is Pocket Option Regulated In Bangladesh? Is It Legit?

Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

Pocket Option is not officially banned in Bangladesh, but it is not regulated by any local authority such as the BSEC. It operates under an offshore license from the Mwali International Services Authority (Comoros), placing it in a legal grey area. Bangladeshi traders can access the platform, but they do so without local regulatory oversight or investor protection.

Pocket Option is not licensed by any Bangladeshi financial authority, including the BSEC. While there’s no official ban on its use, the broker operates under offshore regulation from MISA (Comoros), placing it in a legal grey zone. Traders in Bangladesh can access the platform, but they do so without regulatory protection or local dispute resolution channels. TU analysts urge extreme caution due to the platform’s unregulated status and limited investor safeguards.

Is Pocket Option regulated in Bangladesh?

Pocket Option Review

Open an account

Your capital is at risk.

Pocket Option users in Bangladesh should be aware that the platform is not regulated by the Bangladesh Securities and Exchange Commission (BSEC) or any other domestic financial authority. This means it does not hold a local license to operate as a broker within the country.

Instead, Pocket Option functions under offshore regulation provided by the Mwali International Services Authority (MISA), based in Comoros. While this allows the platform to serve international users, it does not offer the same level of investor protection or regulatory oversight that a Bangladeshi license would guarantee.

Key takeaways for Pocket Option Bangladesh users:

No local license. Pocket Option lacks a license from BSEC, making it an unregulated entity within Bangladesh.
Offshore regulation. The platform's regulation by MISA does not equate to oversight by Bangladeshi authorities.
Lack of investor protection. Without local regulation, Bangladeshi users have limited recourse in case of disputes or issues.

For those considering trading through Pocket Option in Bangladesh, it’s essential to understand the implications of using an unlicensed offshore broker and weigh the potential risks against the platform's accessibility.

Is Pocket Option legal in Bangladesh?

The question "is Pocket Option legal in Bangladesh" often arises among traders, and the answer falls into a regulatory grey area. While there is no official ban on the platform, Pocket Option is not licensed by any Bangladeshi authority, including the Bangladesh Securities and Exchange Commission (BSEC).

Key considerations for users:

No explicit ban. There is currently no formal ruling that makes Pocket Option illegal in Bangladesh, meaning users are not violating any direct law by accessing the platform.
Regulatory uncertainty. Since Pocket Option is not locally licensed, its status remains undefined under Bangladeshi law, offering no regulatory protection to users.
Legal and financial risks. Without oversight from a domestic authority, traders may face difficulties in fund recovery, dispute resolution, or accessing legal remedies in the event of platform-related issues.

In conclusion, while Pocket Option is legal in Bangladesh in the sense that it has not been banned, its unregulated status presents serious risks that users should consider carefully.

Pocket Option services for Bangladeshi traders

While Pocket Option is not regulated in Bangladesh, the platform remains accessible and offers several features that continue to attract Bangladeshi users. Traders interested in Pocket Option Bangladesh can explore a variety of services tailored to international clients, although certain limitations still apply due to the lack of local licensing.

Available services

Trading instruments. Pocket Option provides access to Forex, cryptocurrencies, commodities, and binary options, catering to both beginners and experienced traders.
Account types. Users can open demo accounts for risk-free practice or live accounts for real-time market participation.
Promotions. The platform occasionally offers bonuses and Pocket Option promo codes in Bangladesh, especially for new users looking to get started.

Limitations

Payment methods. Deposits and withdrawals are generally handled through e-wallets, crypto, or international bank cards. Local bank support is limited, which may inconvenience some Bangladeshi users.
Currency conversion. Since the platform does not support BDT (Bangladeshi Taka), users may face additional costs due to exchange rate differences and conversion fees.

In summary, Pocket Option in Bangladesh offers a functional trading experience, but traders must carefully consider the risks tied to its unregulated status and the limitations in local financial integration.

How to trade on Pocket Option from Bangladesh

Pocket Option users in Bangladesh can access the platform despite regulatory uncertainties. If you're considering trading, here’s a step-by-step guide to help you get started.

Steps to get started

Registration. Sign up on the Pocket Option website or app using an email address.
Demo account. Begin with a demo account to familiarize yourself with the platform.
Verification. Complete the Know Your Customer (KYC) process for full access.
Deposit funds. Use supported payment methods to fund your account.
Start trading. Engage in trading activities, keeping in mind the associated risks.

Recommendations

Exercise caution. Since Pocket Option is not legal in Bangladesh in the regulatory sense, trade only with money you are willing to lose.
Stay updated. Monitor announcements from the Bangladesh Bank or the BSEC regarding cross-border investment and online trading platforms.

Legal context and recent updates

In January 2025, Bangladesh Bank issued guidelines for offshore banking operations, emphasizing that only scheduled commercial banks with appropriate licenses can conduct such activities. This move aims to regulate offshore financial activities and protect investors.

What this means for Pocket Option users in Bangladesh

Unlicensed platforms. Entities like Pocket Option, without local licenses, operate outside the purview of these regulations.
Investor caution. Users are advised to be cautious when dealing with unregulated platforms.

Platform risk outweighs platform features

When it comes to platforms like Pocket Option, the real danger isn’t just in trading losses, it's in the complete absence of regulatory support. Without a local license from Bangladesh's financial authorities, you're essentially stepping into a global market blindfolded. There’s no fallback if the platform shuts down, locks you out, or disputes your withdrawal. In high-risk markets like Forex and binary options, having a regulator behind you is not optional, it’s survival.

For Bangladeshi traders lured by the sleek interface and quick trades Pocket Option offers, the appeal is real but so is the exposure. A legal grey area isn't a safe zone. It’s a warning sign. In 2025’s volatile financial landscape, regulation equals protection. Until Pocket Option becomes locally licensed, TU experts strongly recommend using regulated brokers within Bangladesh that offer transparency, security, and enforceable rights.

Conclusion

Pocket Option is accessible to Bangladeshi users but operates without any recognition or regulation from local financial authorities. While it offers a wide range of instruments and an easy-to-use interface, its offshore license leaves users exposed to risk. Without protection from Bangladesh's Securities and Exchange Commission (BSEC), traders have limited recourse in case of fund disputes or platform issues. For those serious about long-term, secure trading, it's advisable to choose a broker that is regulated within Bangladesh.

FAQs

Is Pocket Option legal in Bangladesh?

Pocket Option is not banned in Bangladesh, but it is also not regulated by any Bangladeshi authority. This places it in a legal grey area where usage is technically permitted, but risky.

Does Pocket Option have a Bangladeshi license?

No, Pocket Option does not hold a license from the Bangladesh Securities and Exchange Commission (BSEC).

Can Bangladeshi traders use Pocket Option promo codes?

Yes, Bangladeshi users can utilize available promo codes, but this does not affect the platform's regulatory status.

What precautions should Bangladeshi traders take when using Pocket Option?

Traders should be aware of the lack of local regulation, use funds they can afford to lose, and consider platforms regulated by Bangladeshi authorities for better protection.

Team that worked on the article

Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Also, Oleg became a member of the National Union of Journalists of Ukraine (membership card No. 4575, international certificate UKR4494).

Learn about our editorial policies

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

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).