POCKET OPTION REVIEW New Zealand
We will review the trading features and platform details of POCKET OPTION Company, their funding methods, customer service, and trading conditions in this review. Every trader must know about the trading conditions, deposits, withdrawals, and support before they trade with any online trading platform. With over 9 years of experience in financial investing, we have examined the pocket option in detail. Is it really worth investing money in there? – Find out and understand better in this Pocket Option New Zealand Review.
Who is Pocket Option? – The Facts about the Company
Pocket Options is an online broker for binary options and forex trading. You get access to over 100 different trading assets through mobile apps, web platforms, or MetaTrader 5 software. “Pocket Option” is operated by Gembell Limited Company with the address of the Trust Company Complex, Ajeltake Road, Ajeltake Island, located in the Marshall Islands, Majuro. Registration number 86967. From our experience, it is a trustworthy offshore broker for investing in different types of markets.
Pocket Option accepts traders from all over the world including New Zealand. Almost everyone can open an account with pocket options. The company has existed since 2017 and our research shows that its popularity is growing. You can trade Binary Options with a higher return on investment up to 95% + on a modern trading platform. Also, there are many special features that make the broker unique.
Facts about the company:
- Online broker since 2017
- They Allow international traders
- Located on the Marshall Islands
- You can trade in the financial markets with binary options and Forex / CFD
- Multi platforms for any device
- Accepted in more than 95 countries
- More than 20.000 active users daily
Pocket Options Regulations
Is Pocket Option a scam or not? No, it is not a scam. It is a totally safe trading platform for traders. For online investing, it is very important to use a regulated broker. It shows that it is totally trusted and safe. Most regulations charge a lot of maintenance fees. In terms of pocket options, brokers are regulated by the IFMRRC (Center for International Financial Market Relations Regulation). IFMRRC is an independent regulator that accepts online brokerage firms. The company has to meet various criteria to get the certificate.
FMRRC does not have same rule as regulators from other countries, for example, CSEC in Cyprus or ASIC in Australia. Through our contacts, we know that the pocket option is working on a higher rule at the moment. In addition, the platform provides very secure services and has got various security tools like 2-factor-authentication and SSL certificates for your account. The platform is using only secure payment methods and has access to funds at any time. Overall, Pocket Options is a safe company but does not get maximum control authority at the moment.
With Pocket Option What can you trade? – Offers for traders:
Traders gain access to cryptocurrencies, currencies, commodities, Gold, Silver, and stocks on the platform. Binary Options ( Digital Options) is offered to trade with a high yield of up to 96%. This is a high return on investment in this particular niche compared to other brokers. In addition, you can trade 24/7 on the platform. Cryptocurrency and OTC charts are available 24 hours a day.
The assets that can be traded with Pocket Option are:
- Currencies (Forex pairs)
Binary Options can be traded with different expiry times ranging from 1 minute to 4 hours or more. The Short-term and long-term traders both feel comfortable with offers for assets and expiration. When you go to the menu you will see different assets and payouts.
The new traders can use the free demo account with a virtual balance of $ 10,000. The Demo Account is for practice with virtual money and is perfect for understanding the platform. You can renew the demo account if you have made a loss. So, this is an unlimited and free account for use. You do not have to sign up for this account. For money trading in a real account, you need to make a small deposit of $50.The good thing is that the minimum amount of investment is $ 1 per trade.
Pocket Options not only offers trading options but also offers forex trading through Meta Trader 5 (MT5) software. This software has been implemented on web platforms and you can download it for free. Another good feature is the bonus options and gains. If you agree to increase your deposit and account balance, you can get up to a 100% free bonus. Achievement is a free gift if you do real money business. You can get a boost and bonus access if you trade more.
Social trading and competition are also available. You should follow other popular and successful traders. You can easily copy them. Tournaments are created with a free demo account or a real money account. Achieve high value if you are a good trader. In short, pocket options provide very good conditions and features for traders. Check out other Binary Options Brokers in New Zealand.
POCKET OPTION TRADING PLATFORM REVIEW
Pocket Options offers a trading platform for any device. You can use the download version, the web platform, MetaTrader 5, and the mobile trading app. The software is perfectly programmed by Pocket Options and has very unique features. In the following part, we will discuss the features of the platform and how to trade in pocket options.
The following platforms are available:
- Download version
- Mobile apps
- Telegram Bot
- MetaTrader 5
The easiest way to trade is the web platform
On the web platform, you will get a very good overview of the trading assets. Above all, it is a very clear, simple, and user-friendly trading platform. Newcomers feel comfortable with it in a matter of minutes. Also, you can read tutorials or watch and learn some introductory videos on the platform.
Main Facts about the web trading platform:
- Available for all device (Computer and mobile device)
- User-friendly and secure for trading
- Free analysis tools
- Clear and professional charting
- A good overview of all tools
- Multi-charting is possible
In the screenshot above you can see the trading platform in an online browser. On the left, you’ll see your profile and trading account options. You will have access to Live Trading, Demo Trading, Profiles, Achievements, Chat, and Help Center. You can switch from Demo Trading Account to Real Money Account with one click.
Below, in the middle, is a trading order mask. It is easy to understand how to trade because Pocket Options shows you all the features that are very transparent.
Pocket Option MetaTrader 5 review
Since 2020, MetaTrader 5 offers pocket options for cryptocurrency, forex, metals, and commodity transactions. MetaTrader 5 is very popular and recommended by about 80% of brokers worldwide. Pocket Options is suitable for technical analysis and automated trading. You get the opportunity to customize the charts and add tools for further analysis.
A trader can use the web version directly with Option Web Trader or download the software for desktop. Also, the mobile app is available for any device. Overall, MetaTrader 5 provides more functions for analysis than its own platform of pocket options. From our long experience, it’s a little difficult for beginners to feel comfortable with MetaTrader 5 at first. Traders should watch this software tutorial.
How to trade with Pocket Option?
Understanding trading with pocket options is not so difficult. Through trading options, you only have 2 possible outcomes (win or lose) or you get your money back when the price does not move. As a trader, you need to predict the market price. The Pocket Options Trading Platform provides you with specialized tools for analysis such as chart types, drawing tools, and indicators. Also, you can apply market news to your analysis.
The final conclusion of the trading platforms
From our experience, Pocket Options Platform is one of the best trading platforms on the Internet. In addition, brokers support and follow the well-known MetaTrader 5K. There are free indicators for analysis, charting can be done professionally, and you can use signals or social trading.
The platform i.e., pocket option is available for any device and we give it a very good rating. In addition, we recommend trying the platform with a free demo account. You will find that there are more advantages than other trading platforms.
How to open a trading account with Pocket Option:
To open a real trading account with Pocket Option, you need to sign up with your verified email address and a secure password. There is no need to sign up separately to trade with a demo account. You can check out the platform totally free.
For signing up for an account, the first step is to enter your email address and secure password. After that, you need to confirm your email address and phone number. For real money trading, we recommend verifying your trading account first but you don’t have to. It’s just safe. Visit your profile and fill out the form with your personal information. You need to upload a photo of an identity document for full verification of your account. Pocket Options is very fast and can verify your account within 24 hours. Now you can start real money transactions through your trading and use all the features of the platform.
How to open your account:
- Register for an account in the form above
- Use your email address and enter a secure password
- Confirm your email address and phone number
- Fill your account details
- Upload the required documents
- Start trading
Deposit and withdrawal with Pocket Option
Pocket Options offers a variety of payment methods for depositing and withdrawing. There are electronic methods such as credit cards, electronic wallets, and cryptocurrencies. The minimum deposit amount is $50 and there is no fee for the deposit. In addition, in most payment methods, there is no withdrawal fee.
Deatils about the deposits and withdrawals with Pocket Option:
- Instant deposits via electronic methods
- Credit Cards accepted
- No deposit and withdrawal fees
- Electronic wallets
- Withdrawal within 1 -3 working days
Bonus for the deposits
The pocket option offers various bonuses. A popular bonus is the deposit bonus. You can avail of the Bonus to get extra money for your deposit. This means you deposit $500 on the platform and activate the 100% bonus. Now you have a $1.000 balance in your account. This is a great way to increase your account balance and trade with more risk.
But you have to read the terms of the bonus. You must have a turnover of more than 50x to withdraw the bonus. It depends directly on your trading volume. You can activate bonus cancellation at any time.
Is Pocket Option legal in New Zealand?
Pocket Option is a legitimate online trading platform offering Digital Options and Forex Options trading to traders from all over the world. They accept traders above 21 years of age. Hence, it is legal to trade with Pocket Option in New Zealand. The traders may verify the prevailing rules at the time of registering with the broker.
Pocket Option carries out all the due diligence and KYC on all their customers to comply with the international laws. The clients can rest assured of a high-quality and anti-money laundering compliant service while trading with Pocket Option in New Zealand.
Professional service and support for investors
The last point to check with a trusted online broker is support and service for traders. This is a very important part for beginners or advanced traders. Help is available in different languages via chat, email, or phone. You get access to it 24 hours a day on a regular working day for any of your needs. Also, you can chat with other traders on the trading platform and get ideas about trading.
All Facts about the support and service of Pocket Option:
- Phone, email, chat support
- FAQ with the most asked questions
- Tutorials for trading
- Trading strategies
- Tips and tricks
- Professional service and support in different languages
Advantages of Pocket Option:
- A secure and safe platform
- Minimum deposit only $50
- Free demo account with $10.000
- More than 100 different assets
- 24/7 trading
- High yield of up to 95%+
- A comfortable platform for any device
- Multi-language support
- Cash-back program
Disadvantages of Pocket Option:
Not official regulated
Is Pocket Option a Trusted broker? – Yes, it is.
From our experience and experience, Pocket Options is certainly a reliable and trustworthy broker for online trading. It has an overall rating 4.5 out of 5 stars. There is a lack of actual control by an authority but the platform seems safe and secure for deposits and withdrawals.
You can trade in over 100 different markets with high yields of up to 95%. Executing trades on the platform is very fast. As you can see in the review sections above, we have examined real money transactions and withdrawals. Pocket Option is a good option for trading short-term or long-term options. Pocket Option’s software is available for any device.
Also, the platform provides lots of special features and tools for traders. You can analyze professional charts using indicators or drawing tools. Social trading and signals are also available. In conclusion, we can recommend Pocket Options as a reliable and trusted online broker to trade with high return potential.