All Share (J203) = 89 898
Rand / Dollar = 18.24
Rand / Pound = 23.62
Rand / Euro = 19.69
Gold (usd/oz) = 3 070.53
Platinum (usd/oz) = 985.02
Brent (usd/barrel) = 73.42
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

PocketOption Account Types

PocketOption Account Types

 

Overall PocketOption provides seven different types of accounts e.g. an Novice Trader Account, Beginner Account, Experienced Account, Master Account, Professional Account and their Expert Account. PocketOption does not charge spreads, but rather charges a commissions of $0.5 on average.

 

PocketOption at a glance

🔍 Broker’s namePocketOption
🏛️ HeadquartersRepublic of the Marshall Islands
📅 Year founded2017
⚖️ Regulating authoritiesFMRRC
📒 Demo accountYes
☪️ Islamic account (swap-free)Yes
✴️ Segregated accountsNo
👨🏼‍💼Managed accountsNo
🔣 Maximum leverage1:100
💰 Minimum depositR80 ZAR / $5
➕ Deposit optionsVisa
Airtel
Bank transfers
MTC
MTN
M-Pesa
VodaFone
ePayments
Tigo
MoMo Pay
Qiwi Wallet
Mastercard
Loterias
Link
And many more…
➖ Withdrawal optionsVisa
Airtel
Bank transfers
MTC
MTN
M-Pesa
VodaFone
ePayments
Tigo
MoMo Pay
Qiwi Wallet
Mastercard
Loterias
Link
And many more…
📊 Platform(s) providedMT5, proprietary platform
📶 OS compatibilityWindows, Mobile, Web, iPhone, iPad
PC and Mac OS, mobile for Android and IOS
🛍️ Tradable assets offeredCurrency pairs, commodities, cryptocurrency, OTC (currency, commodities, stocks)
💬 Languages supported on the websiteRussian, English, German, Chinese, Arabic, Italian and many more.
💬 Customer support languagesRussian, English, German, Chinese, Arabic, Italian and many more.
⏲️ Customer service hoursAround the clock 24/7.
👉 Open accountClick Here

 

PocketOption Account Types Review – 9 Key Point Quick Overview (2025):

  1. ☑️PocketOption Overview
  2. ☑️PocketOption Account Types
  3. ☑️PocketOption Account Features
  4. PocketOption Demo Account
  5. PocketOption Islamic Account
  6. PocketOption Customer Reviews
  7. PocketOption Pros and Cons
  8. Conclusion
  9. Frequently Asked Questions

 

PocketOption Overview

PocketOption Overview

 

With PocketOption, users can trade on their own or mimic the activities of successful traders. The investor is able to earn passive income thanks to the broker’s provision of a social trading platform.

 

Social trading on Pocket Option allows users to view and imitate the transactions of other traders from around the world. From the best traders, an investor might choose one or more signal sources to follow. Copy traders can be selected in a number of ways, such by the number of trades they have made, the profitability of their trades, or their prominence on the platform as a whole.

 

The broker provides a sophisticated commission structure that can generate residual income over time. When a client they referred funds their account for the first time, the partner receives a bonus. Traders can also earn money by competing in tournaments.

 

In the world of binary options, the terms of trading offered by Pocket Option are standard fare. Using a web platform tailored to the specifics of working with options, you can trade FX pairs, equities, commodities, and digital currencies.

 

Each account requires a $5 first deposit, but subsequent deposits must range from $100 to $50,000. (depending on the profile). For a minimum of one dollar, you can purchase a single bit. All clients of Pocket Option are given swap-free accounts by default, with no need to make any adjustments or get in touch with support.

 

PocketOption Account Types

A minimum deposit of $5 is required for each of PocketOption’s seven different types of accounts. All accounts include access to social trading, gifts with amazing rewards, an unlimited total amount, a number of open transactions, and the option to interact with other traders.

 

Different accounts have different thresholds for what constitutes an acceptable level of the required minimum balance.

 

PocketOption Account Features

Novice Trader Account

The Novice Trader Account has a balance that is less than $100 and a transaction limit that is no more than $1,000

 

Experienced Trader Account

This is an account with a beginning balance of one thousand dollars and access to a broader selection of positions in the market operated by the company. It gives you the opportunity to boost your profitability by 2% to the degree that it is possible

 

Master Trader Account

This is an account that takes into consideration the possibility of a 4% rise in profitability. The initial sum is five thousand dollars.

 

It is possible to request a return of transactions completed with a difference of a single pip, with a maximum sum of ten dollars, and to receive priority processing of withdrawals. The highest amount that can be spent in a single transaction is $2,000.

 

Professional Trader Account

The initial amount in this account is $15,000, and the account’s profitability is expected to improve by 6% over time. The maximum amount that can be spent in a single transaction is $3,000. The refund of transactions completed with a difference of 1 pip with a value up to $50, as well as fast withdrawal processing priority, and a personal manager, are additional bonuses.

 

Expert Trader Account

This account is designed for working professionals and has a minimum opening balance of $50,000. The customer receives a rise in profitability of 8%, a return of transactions performed with a difference of 1 pip (with a maximum amount of $100), a high priority for the processing of money withdrawal requests, premium gifts, and personal discounts in the Market.

 

MT5 Forex Account

Customers with total deposits of at least $1,000 are eligible for the MT5 Forex trading account.

 

PocketOption Demo Account

PocketOption Demo Account

 

The only difference between the real trading account and the demo account offered by PocketOption is that the demo account only allows the client to trade with virtual funds. Everything, from underlying assets to quotation prices to trading indicators and signals, is completely identical.

 

Utilizing the sample account provided by PocketOption is an excellent way to get your feet wet, experiment with a variety of trading strategies, and gain experience handling virtual assets.

 

PocketOption Islamic Account

PocketOption automatically creates Islamic Account options for all of its account types. This means that there is no separate sign-up process when opening an Islamic Account with PocketOption. As such, traders of the Islamic faith need only select the swap-free option in any of their existing trading accounts in order to remain Sharia compliant while trading.

 

The purpose of an Islamic Account is that it caters specifically for Muslim traders who strictly follow the Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive.

 

Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees, or interest, should they hold positions open for longer.

 

PocketOption Customer Reviews

PocketOption Customer Reviews

 

PO is safe and secure…

PO has provided me a safe and secure platform to trade on. Allowing me to use 2FA and to have fast and easy deposits and withdrawals. They offer extra services such as bot trading and copy trading. There also are extra educational tools to help you better your skill. If you are trading binary options I highly recommend you put PO on your possibility list! Raising Geniuses 11264140

Customer reviews Five stars

I have been able to withdraw about…

I have been able to withdraw about $2500 from this company, withdrawals are processed quickly as well. All these people complaining about the prices changing are likely mad about the OTC assets they offer on the weekend. From my understanding these are the interbank markets after hours, but it seems sketchy/ unreal and I wouldn’t recommend trading those. Trade only the real assets they show; they have some of the best rates and they have the pending trade option which is not common for binary options.

Customer reviews Five stars

Happy with this Platform

I started with these guys 6 months ago. I haven’t had any issue withdrawing any funds, plus the customer service has always been spot on. I have to admit when I first started I was ignorant of how to trade and made many mistakes, and yes lost some money. I didn’t blame the platform, I just educated myself and used strategy to improve my trading game. What I also like about this platform is the community support you get from people within, who have more experience than myself that helped me when I wasn’t sure about something. Another option they have is a Copy Trading, if you want to learn and earn this is a good option too. Just a quick note, Trading isn’t a get-rich-quick scheme, you can’t blame a platform for your mistakes.

Customer reviews Five stars

 

PocketOption Pros and Cons

✔️ Pros❌ Cons
Swap-free account automatically availableLax regulation
MT5 availableNot the tightest spreads on Forex trading
Proprietary trading platform available
Wide range of trading assets

 

Conclusion

Overall PocketOption provides seven different types of accounts e.g. an Novice Trader Account, Beginner Account, Experienced Account, Master Account, Professional Account and their Expert Account. PocketOption does not charge spreads, but rather charges a commissions of $0.5 on average.

 

PocketOption is a popular binary options platform that also provides access to Forex trading and other popular asset classes. PocketOption provides a reliable proprietary trading platform as well as a competitive fee structure.

PocketOption Contact us

 

You might also like: PocketOption Review

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You might also like: PocketOption Sign up bonus

You might also like: PocketOption Fees and spreads

You might also like: PocketOption Islamic account

You might also like: PocketOption Demo account

You might also like: PocketOption Withdrawal process

 

Frequently Asked Questions

TRADING ENVIRONMENT

How many instruments can I trade with PocketOption?

PocketOption offers access to over 100 trading instruments in the following popular asset classes: Currency pairs, commodities, cryptocurrency, OTC (currency, commodities, stocks)

 

Which platforms are supported by PocketOption?

MetaTrader 5 and the PocketOption proprietary platform

 

Does PocketOption offer leverage?

Yes. Leverage of up to 1:100.

 

What spreads can I expect with PocketOption?

PocketOption does not charge spreads, but rather charges a commissions of $0.5 on average. This price structure is applied to the broker’s binary options trading accounts.

 

On the PocketOption MT5 Forex account, the broker charges an average spread of 1.1 pip.

 

Does PocketOption charge commission?

Yes. PocketOption charges commission on its binary trading which averages at $0.5, which is competitive by industry standards

 

It is unclear whether Islamic account holders are subjected to the same commission charges. Traders must verify this information with the broker as it is not stated on the website.

 

Are there additional charges on the Islamic account?

No, the Islamic Account version will have all the same conditions as those on the swap-rated accounts.

 

Is PocketOption regulated?

Yes. PocketOption is regulated in the Marshall Islands by the FMRRC. However, this is not considered to be a top-tier regulator.

 

Is PocketOption a recommended forex trading broker for experts and beginners?

Yes. PocketOption caters for both beginners and experts.

 

What is the overall rating out of 10 for PocketOption?

6/10.

 

ACCOUNTS

What is the difference between a demo and live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.

 

A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.

 

Does PocketOption offer a demo account?

Yes.

 

For how long is the demo account valid?

30-days.

 

Does PocketOption offer the option of an Islamic Account?

Yes. PocketOption offers an Islamic Account.

 

Which live trading accounts does PocketOption offer?

  • Demo account
  • Novice trader
  • Beginner
  • Experienced
  • Master
  • Professional
  • Expert

 

What are the available deposit currencies for a live trading account?

  • EUR
  • USD
  • GBP

 

DEPOSITS AND WITHDRAWALS

What is the minimum deposit for PocketOption?

PocketOption has a low minimum deposit amount of just USD5 across all of its seven account types.

 

This constitutes a low minimum deposit when compared to many other brokers in the industry, making PocketOption a great option for beginner traders.

 

How do I make a deposit and withdrawal with PocketOption?

PocketOption offers more than 20 deposit methods, which include the following:

  • Visa
  • Airtel
  • Bank transfers
  • MTC
  • MTN
  • M-Pesa
  • VodaFone
  • ePayments
  • Tigo
  • MoMo Pay
  • Qiwi Wallet
  • Mastercard
  • Loterias
  • Link
  • And many more…

 

Does PocketOption charge withdrawal fees?

No, PocketOption does not charge deposit or withdrawal fees

 

How long does it take to make a withdrawal?

Withdrawals are processed within 10 minutes, but international banking withdrawals may take longer

5/5 - (2 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

August 23, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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