Join Pocket Option Today and get up to a 100% welcome bonus
Pocket Option is a binary options trading platform that has been operating since 2017. It offers traders an opportunity to trade in a variety of financial instruments such as stocks, forex, commodities, and cryptocurrencies. However, before investing your hard-earned money, it’s essential to know if Pocket Option is safe and trustworthy.
In this article, we will review Pocket Option’s safety and security measures, licenses and regulations, customer support, and deposit and withdrawal methods.
Safety and Security Measures
Pocket Option prioritizes the safety and security of its clients’ funds and personal information. It uses SSL encryption technology to secure all transactions and ensure that clients’ information is protected from unauthorized access.
Moreover, the platform stores clients’ funds in segregated accounts in top-tier banks to ensure that they are safe from any financial mishaps. The company also undergoes regular security audits to ensure that it is up to date with the latest security measures.
Licenses and Regulations
Pocket Option is owned and operated by Gembell Limited, a company registered in the Marshall Islands. While the company is not regulated by any financial authority, it complies with international financial laws and regulations.
Additionally, Pocket Option is a member of the Financial Commission, an independent self-regulatory organization that ensures the protection of traders’ rights. The commission provides a dispute resolution process that traders can use in case of any issues with the platform.
Customer Support
Pocket Option provides excellent customer support services to its clients. The platform has a dedicated support team that is available 24/7 to assist clients with any issues they may encounter while trading. Clients can contact support through various channels, including email, phone, and live chat.
The platform also has an extensive knowledge base that clients can use to learn more about trading on the platform, including video tutorials, webinars, and trading strategies.
Deposit and Withdrawal Methods
Pocket Option offers its clients a wide range of deposit and withdrawal methods, including bank transfer, credit/debit cards, e-wallets, and cryptocurrencies. Deposits are processed instantly, while withdrawals may take up to three business days, depending on the payment method.
Additionally, Pocket Option does not charge any deposit or withdrawal fees, but clients may be subject to fees by their payment provider.
Is Pocket Option trustworthy?
In conclusion, Pocket Option is a safe and trustworthy binary options trading platform. While the company is not regulated, it complies with international financial laws and regulations and is a member of the Financial Commission.
The platform prioritizes the safety and security of its clients’ funds and personal information, and its customer support services are excellent. Pocket Option also offers a wide range of deposit and withdrawal methods, making it easy for clients to fund and withdraw their funds.
However, as with any trading platform, it’s essential to understand the risks involved and invest only what you can afford to lose. If you’re new to trading, it’s recommended that you start with a demo account to practice your trading strategies before risking real money.
