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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Pocket Option

Costa Rica|5-10 years|
Suspicious Regulatory License|Global Business|High potential risk|

https://pocketoption.com/

Website

Rating Index

Influence

Influence

AAA

Influence index NO.1

United States 9.05
Surpassed 15.40% brokers
Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 20 8123 4499
support@pocketoption.com
https://pocketoption.com/
Republic Of Costa Rica, San Jose- San Jose Mata Redonda, Neighborhood Las Vegas, Blue Building Diagonal To La Salle High School
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-31
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
2

Basic information

Registered region
Costa Rica
Operating period
5-10 years
Company Name
Infinite Trade LLC
Abbreviation
Pocket Option
Company employee
--
Customer Service Email Address
support@pocketoption.com
Contact number
00442081234499
Company website
Company address
Republic Of Costa Rica, San Jose- San Jose Mata Redonda, Neighborhood Las Vegas, Blue Building Diagonal To La Salle High School
Keywords 4
5-10 years
Suspicious Regulatory License
Global Business
High potential risk

FX1166963742

Yemen

What happened to me is that I traded in PO TRADE LTD/ POCKET OPTION correctly and officially and I have evidence that my deals are correct with all my trades as my profits amounted to more than 115 million dollars correctly and officially and I was surprised that pocket option blocked my account and stole my profits and manipulated the timing of my deals in the account statement in a fraudulent manner to show that my profits were due to a technical glitch but pocket option does not know that I have documented screenshots of all my deals within the application in my account which prove the correct timing and validity of my deals and profits and therefore the fraud that pocket option is doing will not benefit it and I will not give up my right at all and I will continue to demand my right until I recover all my profits. As trading can lose millions of dollars and also make millions of dollars and therefore no company has the right to confiscate the profits of any client .Whatever

Exposure

10-25

Sônia 307

Brazil

406 DAYS SINCE POCKET WITHHOLDED THE PROFIT FROM MY ACCOUNT AND BLOCKED IT AFTER I INFORMED THE SUPPORT THAT MY WITHDRAWALS WERE BEING CANCELED WITHOUT MY CONSENT, INCIALLY THEY SAID THAT THEY HAD ALREADY MADE THE PAYMENT AND CUBOPAY HAD WITHHOLD MY MONEY, THEN THEY SAID THEY WERE GOING REFUND THE BALANCE, NOW THEY ARE CLAIMING THAT I USED THE FUNDS IN NEGOTIATION AND CLOSED THE BALANCE, ALL THE INFORMATION THEY ARE USING IS FALSE AND FALSE, THEY HAVE MY PROFIT RETAINED AND THEY CONTINUE TO REFUSE TO PAY MY PROFIT IN THE AMOUNT OF $6767 USD, I HAVE BEEN IN THIS FIGHT FOR 1 YEAR AND THEY ARE MOCKING, BLOCKING THE ACCOUNTS I CREATE TO CONTACT SUPPORT AND MY PAYMENT EVEN THEY DON'T MAKE IT! THEY ACT IN BAD FAITH AND FRAUDULENTLY ON THE ACCOUNTS; THEY ARE SEVERAL CUSTOMERS WITH THE SAME COMPLAINTS, ACCOUNTS CLOSED BY THEM AND AFTER THAT BLOCKED WITHOUT ANY JUSTIFICATION! I WILL NOT GIVE UP ON RECEIVING MY PROFIT!

Exposure

06-21

Sosa6646

Honduras

I made a withdrawal of $2000 and I always came up with a new excuse and they rejected my withdrawal

Exposure

06-16

Sônia 307

Brazil

The platform does not respond to the emails I send to support, they are lying saying that I used my balance in negotiations which they know is a lie because they have already sent me a message saying that they had paid my profit and Cubopay had withheld my money, already they invented several contradictory lies to avoid paying the profit that they will withhold from my account which was blocked, they are saying that they refunded my deposit funds which is also a lie as Payretailers sent me an email proving that they had not authorized any refunds, today It has been 293 days since my $6767 profit was withheld by them and the account was blocked! 62 days passed after they messaged me that my refund was being processed and would take 30-60 days to do so! I WANT TO LEAVE MY TOTAL INDIGNATION WITH THE PLATFORM! DO NOT DEPOSIT MONEY IN THIS BROKER, THEIR SUPPORT IS NOT RELIEF, THEY DO NOT RESOLVE THE CUSTOMERS' PROBLEMS, THEY LIE AND USE FALSE INFORMATION TO NOT PAY THE PROFITS, THEY MOCK THE CUSTOMERS! THEY ARE NOT A REPUTABLE COMPANY! I HAVE PROOF OF EVERYTHING AND ALL THE LIES TOLD BY THEM. POCKET Option refund my balance $6767.

Exposure

02-27

Valery 3657

Turkey

I made a deposit to buy USDT it was canceled and I can't find a refund in my bank account

Exposure

2023-11-28

Aria.

Thailand

Withdrawal from trading account is not allowed. I have been trying to withdraw for 6-7 months. Puwadit taweesuk. Thailand

Exposure

2023-05-05

FX4719207262

Pakistan

On December 2022 I learn and read about Binary trading, I was already trading on Forex but that style of trading is not suitable for me. I need quick result of every trade thats why I learn and develop my trading strategy and Trading system too fast and become profitable in few months. Pocket option is the second website where I ragistered and Complete my profile verification. But when I become profitable that Time I was in lose about 3000$ So I recovere all of my amount and Plus 7111$ more profit. I try to withdraw my money. They declined it by Selfie verification. I complete my verification and Again Try to withdraw money. Then Again they decline it that the adress verification is required. I provide my Orignal document they Accept it. then 3rd time I Requested for Withdrawal again they decline it by Wrong Adress. and Ask for Credit card verification. I provide Card pictures. After sending My Card pictures approximately 3 hours later I received 2 messages one Verifications is competed. I was happy that (Jhan chut gia) and in the second message is Most shit reason that I'm using bot and my Account is wiped up by The Most Smart Scammers in world. this is The real story that what I face this month. I delete my account and Share here this honest Review. some people is in the favor of Pocket option they are because they are only Affiliate with him. to drive them more Poeples for wiping out there accounts and money. When you lose they will never ask you for any type of verification. And Last point. Goto Pocket option home page goto review section in the bottom and check out the profiles of persons who give them reviews they are already in loses or offline accounts. You will see only newbie accounts. They are clear fraudster. and Support team is also very unmannered peoples. I will ask them On the day of judgment. because they wast my previous time. and hard earned money. Stay Safe.

Exposure

2023-04-27

Jj7328

Hong Kong

The deposit on Feb 19th is 1000USD and it is still not arrived. The deposit ID, screenshot, wallet are all provided to customer service. But they keep asking me to restart. There is no reply from email either.

Exposure

2023-02-23

Haverylova

Iran

I came third in the tournament, but I was not allowed to withdraw money. After a while, I could no longer participate in the next competition. No matter how much I asked the support, they gave ridiculous answers, and in the end my account was deleted. Unfortunately, this broker is a fraud, do not invest your money here.

Exposure

2022-09-08

Haverylova

Iran

I participated in the tournament with a fully verified account and placed third and won the $50 prize. After depositing the money, when I tried to withdraw $55 from my account, I found that my account was blocked and I can no longer withdraw from my account. They are scammers and Their tournament is completely fake.

Exposure

2022-09-08

FX5440559142

Venezuela

I deposited 38000 pesos with the commission under someone’s suggestion. But when I withdrew, my balance was reset.

Exposure

2021-09-29

FX3024244613

Colombia

I deposited $2000 but they deducted all my balance. I could not operate on the page.

Exposure

2021-09-22

FX1793352052

Venezuela

I deposited 22000 pesos but there was no profits.

Exposure

2021-09-16

talal baig

Pakistan

I have received Pocket option (Gembell Limited) company financial department to cancel my trading result because I speculated on vulnerabilities of system on Nov 5, 2019. But it is not a fact. My investment strategy is simple, just short Exotic currency USDTRY and buy back in the medium term. I will not do day trading. I deposited USD 1000(Oct 10 2019) and USD 1000(Oct 14 2019) start to trade. Within this period, I executed total 4 transactions, all are short USDTRY. It is a very simple.

Exposure

2021-09-14

FX4265154223

Venezuela

I lost my job last year and had no resource. So I borrowed $100 to start investment. It promised that everyone could earn more than $1,000/day. But later I was not allowed to log in and everything was gone.

Exposure

2021-07-23

Mayaz Ahmad

Bangladesh

A client had her account blocked when she tried to withdraw after making profit. She calls this broker a scam.

Exposure

2021-07-14

Mayaz Ahmad

Bangladesh

Pocket Option scammed a client by blocking his account when he tried to withdraw his profits.

Exposure

2021-06-19

FX1288104341

South Africa

Pocket Option is a scammer. Some of my friends were scammed on this platform, and I came to know this broker. What more dramatic thing is that their agents tried to cheat on me too, and that’s the reason why I wrote this review.

Neutral

2023-02-24

小天38510

Hong Kong

Although the entry threshold for pocket option is very low, which is easy to attract people's attention, it still needs to be noted that this platform is not subject to any supervision at all. Trading with such a platform is very risky, they will directly take your funds for themselves. I was cheated once, so be careful.

Neutral

2022-12-15

随枫▽随性

Hong Kong

I noticed that this regulatory body is not under any supervision, which is fatal and means that this broker may embezzle your funds. Do not use this platform despite the best offers or you will lose all your money.

Neutral

2022-12-14

22
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Company Summary
Disclosure
News
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Website

Most visited countries/areas

  • Estonia
  • Belgium
  • Uzbekistan
  • pocketoption.com

    Server Location

    Norway

    Most visited countries/areas

    Pakistan

    Website Domain Name

    pocketoption.com

    Website

    WHOIS.GODADDY.COM

    Company

    GODADDY.COM, LLC

    Domain Effective Date

    2016-07-21

    Server IP

    185.104.210.34

Company Summary

Company Summary

Company profile

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Registered Country/Region Marshall Islands
Found 2017
Regulation unregulated
Market Instrument currency, commodities, stocks, cryptocurrencies, and indices
Account Type Stranger, Newbie, Beginner, Experienced, Master, Pro, and Guru
Demo Account Yes ($10,000 virtual capital)
Maximum Leverage N/A
Spread N/A
Commission N/A
Trading Platform web
Minimum Deposit $5
Deposit & Withdrawal Method cards, e-payments, and cryptocurrencies

Pocket Option, a trading name of Gembell Limited, is allegedly an online Forex and CFD broker founded in 2017 and registered in the Marshall Islands that claims to provide its clients with various tradable financial instruments on the web-based trading platform via 7 user levels.

Here is the home page of this brokers official site:

home page

As for regulation, it has been verified that Pocket Option currently has no valid regulation. The fact that the Pocket Option is not regulated means that the safety of investors' funds and trading activities cannot be effectively protected. Investors should be careful to get away from the Pocket Option broker.

General Information & Regulation

Note: The screenshot date is January 19, 2023. WikiFX gives dynamic scores, which will update in real time based on the broker's dynamics. So the scores taken at the current time do not represent past and future scores.

Market Instruments

Pocket Option offers investors access to 100+ global trading assets in the Forex market, including currency, commodities, stocks, cryptocurrencies, and indices.

Account Types

Apart from demo accounts with $10,000 virtual capital, Pocket Option gives 7 user levels: Stranger (without deposit), Newbie (deposit less than $100), Beginner (minimum account balance of $100), Experienced (minimum account balance of $1,000), Master (minimum account balance of $5,000), Pro (minimum account balance of $15,000), and Guru (minimum account balance of $50,000).

Account Types

Trading Platform

Instead of the world's most advanced and popularly-used MT4 and MT5 platforms, Pocket Option gives traders a web-based trading platform. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.

Trading Platform

Deposit & Withdrawal

Pocket Option supports a variety of convenient deposit and withdrawal methods, consisting of cards (Visa, MasterCard), e-payments (Perfect Money, Advcash, WebMoney, Jeton, and PayRedeem), and various cryptocurrencies such as Bitcoin, Tether and more.

The minimum deposit requirement is only $5 and the minimum withdrawal amount is $10. It does not charge commissions for deposits and withdrawals.

Deposit & Withdrawal

Customer Support

Pocket Options customer support can be reached by Hotline: +44 20 8123 4499 or send messages online to get in touch. You can also follow this broker on social networks such as Telegram, Twitter, Facebook, Instagram and YouTube.

Pros & Cons

Pros Cons
• Multiple trading instruments and account types • No regulation
• Demo accounts available • Trading condition is unspecified
• Low minimum deposit ($5) • Regional restrictions

Frequently Asked Questions (FAQs)

Q 1: Is Pocket Option regulated?
A 1: No. It has been verified that Pocket Option currently has no valid regulation.
Q 2: At Pocket Option, are there any regional restrictions for traders?
A 2: Yes. Pocket Option does not provide service to residents of the EEA countries, USA, Israel, UK and Japan.
Q 3: Does Pocket Option offer demo accounts?
A 3: Yes. Pocket Option offers demo accounts with $10,000 virtual capital.
Q 4: Does Pocket Option offer the industry-standard MT4 & MT5?
A 4: No. Instead, Pocket Option offers a web-based trading platform.
Q 5: What is the minimum deposit for Pocket Option
A 5: The minimum initial deposit with Pocket Option is only $5.
Q 6: Is Pocket Option a good broker for beginners?
A 6: No. Pocket Option is not a good choice for beginners. It is unregulated, so trading with this broker is dangerous. Stay away!

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Global Business
  • High potential risk

News

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Pocket Option says, “Turn $1 Into $1000 In 15 Minutes”?

Exposure Pocket Option says, “Turn $1 Into $1000 In 15 Minutes”?

Pocket Option claimed it would allow you to “turn $1 into $1000 in 15 minutes. Is it true?

2023-04-13 17:01

WikiFX Review: Is the Pocket Option Trustworthy?

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How to Read the Chaikin Volatility Oscillator on Pocket Option?

News How to Read the Chaikin Volatility Oscillator on Pocket Option?

Market volatility is quite an important factor in analysing the behaviour of security prices. The trend changes more often and more rapidly during times of higher volatility.

2022-01-13 10:31

Pocket Option Review - Is it a safe or scam broker?

News Pocket Option Review - Is it a safe or scam broker?

Pocket options is an online trading provider offering over 100+ trading instruments, along with the competitive promo and bonuses that rewards clients with social trading capabilities and other tools

2021-12-14 15:01

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