New Pocket Option Review 2024

Pocket Option Review (Updated August 2024)

Among the various topics in this article you will find:

Pocket Option is a trading broker that primarily offers binary options and a number of trading tools for investors. Founded in 2017, it has gained popularity due to its user-friendly platform and numerous features available to traders.

The platform can be accessed via this link https://pocket1.click/smart/NBsHaX7rcA7Oqj

Licensing and Regulation

Pocket Option is a binary options broker that operates without formal regulation by recognized financial authorities, such as ESMA (European Securities and Markets Authority). Instead, it is registered with the independent authority FMMRC, which does not provide the same investor protection that stricter regulation would provide. Pocket Option is operated by Gembell Limited, a company registered in the Marshall Islands and accepts traders from all countries of the world.

It is important to note that binary options are banned in some jurisdictions, including the European Union, and therefore traders may not be protected by the authorities in their country if Pocket Option is not regulated or licensed. 

However, Pocket Option has received generally positive reviews from users, with ratings highlighting the ease of use of the platform and the variety of trading tools available.

New Pocket Option Universal Link

Due to restrictions on binary options imposed by some countries, the Pocket Option link may sometimes not work. To get around this problem, the broker itself updates its link if necessary. This is the most recent (August 2014 at the time of writing), https://pocket1.click/smart/NBsHaX7rcA7Oqj

Note: For a constantly updated link you can contact Pocket Option support, if necessary by accessing with VPN, or request it at forzaforex@gmail.com

How to get started with Pocket Option

1. Registration and Account Opening

Registration:

1. Visit the Pocket Option website or download the mobile app.

2. Click on “Register” and fill out the form with your personal information (name, email, password). You can also sign up using your social media accounts.

Account Verification:

1. After registering, you will need to verify your account by providing identification documents, such as an ID card or passport, and proof of residence, if requested.

2. Verification may take a few days. Be sure to follow all instructions to avoid delays.

Deposit of Funds

Do not file until documents are approved.

Deposit Methods:

1. Log in to your account and go to the “Deposit” section.

2. Choose the desired payment method from those available, such as credit/debit cards, e-wallets (e.g. Skrill, Neteller), and cryptocurrencies (e.g. Bitcoin).

3. Enter the amount you wish to deposit and follow the instructions to complete the transaction.

Minimum Deposit:

– The minimum deposit is generally $50, but check the specific information on the Pocket Option website for any changes.

Promo Code Pocket Option

Our Promo Code for $50 Deposit to get a 50% bonus 

GIH330

How to carry out a trading operation

4. Execution of a Trade

Choice of Asset and Type of Operation:

1. Choose the type of operation you want to perform. Pocket Option primarily offers binary options and can also include forex and cryptocurrency trading.

2. Decide the expiration time: For binary options, select the expiration time of the trade (e.g. 60 seconds, 5 minutes, 1 hour).

Operation Setting:

1. Enter the amount: Choose how much capital to invest in each operation.

2. Predict the price movement: Indicate whether you think the price of the asset will increase (“Call” option) or decrease (“Put” option).

3. Confirm the trade: After setting the details, confirm and start the trade.

5. Monitoring and Management of Operations

Monitoring:

1. Follow the progress of your trades via real-time chart and account information.

2. Use indicators and analytics to evaluate progress and make adjustments if necessary.

Operations management

1. Closing trades: Some platforms allow you to close trades before expiration to limit losses or guarantee profits.

2. Manage your portfolio: Regularly review your trades and adjust your strategy based on results and market conditions.

6. Withdrawal of Funds

Withdrawal Request:

1. Go to the “Withdrawal” section of the platform.

2. Select the withdrawal method you want to use (the withdrawal method should match the one used for the deposit, if possible).

3. Enter the amount to withdraw and follow the instructions to complete the request.

Processing Times:

– Withdrawals can take anywhere from a few hours to several business days, depending on the method you choose and your verification procedures.

7. Education and Strategies

Training:

1. Use educational resources: Pocket Option offers webinars, tutorials, and articles to help you improve your trading skills.

2. Experiment with a demo account: Many brokers offer demo accounts that allow you to practice without risking real money.

Develop a Strategy:

1. Create a trading strategy: Develop and test different trading strategies based on technical and fundamental analysis.

2. Manage risk: If you trade forex, use risk management techniques, such as setting stop losses and take profits, to protect your capital.

How to use Indicators on Pocket Option

1. Access to the Platform

Register and Login. Make sure you have an account at Pocket Option . Access the platform via the website or mobile app.

2. Open the Trading Chart

Select an Asset (currency pair, stock or cryptocurrency). Choose the asset you wish to trade and open the relevant chart to view real-time market data.

3. Choose the type of chart, for example candlesticks, and select the “time frame” i.e. their duration, for example 5 minute candles, M5:

4. Add Indicators to the Chart

At the top or side of the chart, look for the button or menu to add indicators. This is usually represented by a line or graph icon with indicators.

Choose the Indicator: Click on the indicators menu to view a list of available tools. Common indicators include:

= Moving Average (MA): Moving average showing the price trend.

– Relative Strength Index (RSI): Indicates the strength of a trend and overbought or oversold conditions.

 – Bollinger Bands: Shows volatility and possible areas of support and resistance.

  – MACD (Moving Average Convergence Divergence): Helps identify changes in the strength, direction, momentum and duration of the trend.

  – Stochastic Oscillator: Identifies overbought or oversold conditions by comparing the closing price to the price range over a given period.

Set the Indicator

 After selecting the indicator, you will be asked to configure it. For example, for a Moving Average, you may need to choose the period (e.g. 50 days, 200 days). Enter the required parameters and apply the indicator to the chart.

How to interpret the Indicators

Moving Average (MA): Moving average lines help identify the direction of the trend. Longer moving averages indicate long-term trends, while shorter ones indicate short-term trends.

– RSI: Values ​​above 70 indicate that the asset may be overbought, while values ​​below 30 indicate that it may be oversold.

– Bollinger Bands: Prices approaching the upper band may suggest overbought conditions, while those approaching the lower band may indicate oversold conditions.

– MACD: The MACD line crossing the signal line can indicate buy or sell signals. An upward crossover is often seen as a buy signal and vice versa.

– Stochastic Oscillator: Values ​​above 80 indicate overbought, while values ​​below 20 indicate oversold.

6. Customize Your Chart

Set Preferences: You can customize the appearance of the indicators (color, line thickness, etc.) to suit your preferences.

Add More Indicators: If you want, you can add more indicators to your chart and use them together for a more complex trading strategy.

Tips for Using Indicators

– Combine Indicators: Using multiple indicators can provide more reliable signals, but it is important not to overdo it to avoid confusion. Combining trend indicators with momentum indicators can be effective.

– Contextual Analysis: Don’t rely solely on indicators to make trading decisions. Also consider other factors such as economic news and market events.

– Test and Adapt: ​​Test different indicator configurations in a demo environment before applying them to a real account. Adjust your strategies based on the results.

General information

Pocket Option specializes primarily in binary options, but also offers forex and cryptocurrency trading. Traders can access a variety of assets, including currency pairs, stocks and commodities.

Minimum Trade and Deposit:

– Trade Minimum: The minimum for each operation is usually around $1, which makes it accessible even for traders with limited capital.

– Minimum Deposit: The minimum deposit required to open an account is generally $50. However, the broker offers different types of accounts with variations in minimum deposit requirements and associated benefits.

Deposit and Withdrawal Methods:

Pocket Option supports a wide range of deposit and withdrawal methods, including:

– Credit/Debit Cards: Visa, MasterCard.

– E-Wallets: Skrill, Neteller.

– Cryptocurrencies: Bitcoin, Ethereum (recommended based on our experience).

– Bank Transfers: Available, but may take longer than other methods.

Customer Service

Pocket Option’s customer service is generally well rated, offering support via live chat, email, and telephone. Support is available in multiple languages ​​and is committed to resolving issues quickly and efficiently.

Training and Resources e

Pocket Option offers a variety of educational resources, including webinars, video tutorials, and informational articles. These tools are useful for novice traders looking to improve their trading skills.

What are Pocket Option “gems” and how do they work

The “gems” on Pocket Option are a distinctive feature that aims to encourage trading and reward active traders on the platform. Here’s an overview of how they work and how they can be used.

What is a Gem on Pocket Option?

Gems are a form of virtual currency that Pocket Option uses as part of its rewards system. Traders earn gems for different activities on the platform, and these can then be used to gain benefits or rewards.

How to Earn Gems

Gems can be earned through various activities, including:

1. Trading Volume: Traders can earn gems based on the volume of their trades. The more trades you execute and the higher your trading volume, the more gems you will accumulate.

2. Bonuses and Promotions: Pocket Option may offer gems as part of promotional bonuses or special events. For example, there could be an event where traders who complete certain challenges or reach certain goals earn additional gems.

3. Loyalty Program: Pocket Option may have a loyalty program where traders earn gems simply for maintaining consistent activity or reaching certain trading levels.

How to Use Gems

The accumulated gems can be used in various ways, depending on Pocket Option’s current offers and policies. Some of the common uses of gemstones include:

1. Exchange for Bonuses: Gems can be exchanged for trading bonuses or extra funds. These bonuses can be used to make further trades without risking your capital.

2. Participation in Tournaments: Some tournaments or competitions on the platform may require a specific number of gems to participate. These events offer additional prizes or rewards to winners.

3. Services and Tools: Gems can also be used to access advanced tools or premium services on the platform.

Gem Monitoring and Management

Pocket Option provides a specific section in their platform where traders can monitor their gem balance and see the options available to use them. It is important to check this section regularly to stay up to date on gem usage opportunities.

Copy trading on Pocket Option

Copying traders on Pocket Option is an interesting option for those who wish to follow and replicate the strategies of more experienced traders. This feature is especially useful for beginners who can benefit from the experience and skills of established traders. Here’s how it works and how you can start copying traders on Pocket Option:

How to Copy Traders on Pocket Option

1. Registration and Access:

   – First of all, make sure you have an active account on Pocket Option. If you don’t have an account yet, you’ll need to register and complete the verification process.

2. Navigation to the Social Trading Section:

   – Log in to the Pocket Option platform and look for the section dedicated to social trading or trader copy. Usually, you will find this section under the “Social Trading” or “Copy Trading” heading in the main menu of the platform.

3. Choice of Trader to Copy:

   – In the section dedicated to social trading, you will see a list of traders who offer the possibility of being copied. You can filter and sort traders based on different criteria, such as performance, experience level, and trading strategy.

   – Each trader will have a detailed profile that includes statistics such as past performance, the type of asset they trade, and other important metrics. Review this information to choose the trader that best suits your goals and risk tolerance.

4. Copy Setting:

   – Once you have chosen a trader, select the option to copy him. You will have to decide on the amount you want to invest and the specific conditions of the copy. Some things to consider include:

     – Amount to Invest: Define how much capital you want to dedicate to copying the operations of the selected trader.

     – Loss and Profit Limits: Some copy trading systems allow you to set loss limits or profit objectives to better manage risk.

5. Monitoring and Management:

   – After setting up the copy, your trades will be automatically replicated based on the actions of the trader you chose. You can monitor performance and make changes to copy settings as needed.

   – If the trader you are copying no longer meets your expectations or you want to change strategy, you can stop copying and choose another trader.

Advantages and Considerations on copy-trading

Advantages:

– Access to Expert Strategies: You can benefit from the skills and strategies of experienced traders without having to develop your own trading techniques.

– Ease of Use: The copy system is generally easy to use and does not require extensive trading knowledge to get started.

Considerations:

– Risk and Past Performance: Remember that a trader’s past performance does not guarantee future results. All trading involves risk and performance may vary.

– Risk Management: Make sure you manage your capital and set appropriate loss limits to protect your investment.

 

A simple trading strategy to try now.

In addition to the strategies available on the Pocket Option website, here is a simple trading strategy that you can use on Pocket Option. This strategy is based on the use of two very common technical indicators: the Moving Average (SMA) and the Relative Strength Index (RSI). This combination helps identify trends and overbought/oversold conditions, providing clear trading signals.

Trading Strategy: MA and RSI

1. Setting up the Platform

1.1 Add Indicators:

– Moving Average (MA): Add two moving averages to your chart:

  – 50-period MA: To identify the medium-long term trend.

  – 14-period MA: To identify faster entry signals.

– Relative Strength Index (RSI): Add the RSI with a period of 14. This indicator helps identify overbought or oversold conditions.

2. Configuration of the Indicators

2.1 Moving Average:

– 50-period MA: Set the color of the line to clearly distinguish it on the chart. This moving average represents the main trend.

– 14-period MA: Set a different color for this moving average. It will be used for input signals.

2.2 Relative Strength Index (RSI):

– Period: Set at 14.

– Levels: Add horizontal lines at the 30 (oversold) and 70 (overbought) levels.

3. Trading Rules

3.1 Buy Signal (Call):

1. Moving Average Crossing: The 14-period MA must cross above the 50-period MA. This signals a possible upward reversal.

2. RSI: The RSI should be below 30 and starting to move up, indicating oversold conditions and a possible price recovery.

3.2 Sell Signal (Put):

1. Moving Average Crossing: The 14-period MA must cross below the 50-period MA. This signals a possible bearish reversal.

2. RSI: The RSI should be above 70 and starting to decline, indicating overbought conditions and a possible decline in prices.

Example of a bearish signal:

4. Trade Execution

4.1 Decide the Duration of the Operation:

– Expiry For binary options, set the expiry based on your time horizon. For example, you could opt for 15 minute or 1 hour deadlines depending on your strategy and time horizon.

We suggest an expiration of approximately 5/6 candles. For example, if you are on M5, 30 minutes expire.

4.2 Enter the Amount and Confirm:

– Amount: Choose how much capital to invest in each operation.

– Confirm: Start the trade following the indications based on the indicator signals, waiting for the closing of the candle currently forming.

5. Risk Management (for those who use forex)

5.1 Set Loss and Profit Limits:

– Use stop losses and take profits to manage risk and protect your investments.

5.2 Analyze and Adapt:

– Monitor your operations regularly and review the results to make changes to the strategy if necessary.

Considerations on the SMA/RSI strategy

This strategy is designed to be simple and easily implemented, but it is important to practice and test it in a demo environment before using it with real money. The combination of moving averages and RSI can provide clear signals, but it is crucial to adapt the strategy to the market conditions and your personal preferences.

Additional Tips:

– Check Market Conditions: Be sure to consider general market conditions and economic news that may influence price trends.

– Don’t Rely Only on Indicators: Use this strategy as part of a broader approach that includes fundamental analysis and other forms of technical analysis, such as candlestick patterns.

With a little practice and good risk management, this strategy can help you make more informed trading decisions on Pocket Option.

In conclusion: Why choose Pocket Option?

Flexible trading

Latest Trends: Fast and Digital Trading, Quick Trades, Forex MT5, Pending Orders, Copying Trades. Payouts up to 92%.

Complete education

Our help section contains tutorials, guides and various trading strategies.

Different trading tools

Assets suitable for any trader: currencies, raw materials, shares.

Demo account

Try all the advantages of the platform on the demo account using virtual money. No investment necessary, no risk.

Easy deposits and withdrawals

Use the most convenient payment method for hassle-free deposits and withdrawals.

Bitcoin is the recommended method for speed and convenience.

High customer loyalty

Trading tournaments, regular bonuses, gifts, promotional codes and competitions are available to any trader.

Trading Benefits

Use cashback and other benefits for a more comfortable trading experience with minimal risks.

Indicators and signals

Everything you need for a top-notch trading experience, including popular indicators and signals.

What traders say

On our Telegram channel dedicated exclusively to Pocket option you can follow comments and post requests for information.

https://t.me/PocketOptionItalia