How to Register and Trade Binary Options at Pocket Option
Registering an Account on Pocket Option: A Step-by-Step Guide
How to Register Pocket Option Account
Here are the steps to follow:Step 1: Visit the website of Pocket Option
Upon visiting the Pocket Option website, you will find the homepage where the Registration form is located at the right of the page.
Step 2: Fill in the registration form
- Fill in your email address.
- Create a strong password and confirm your password.
- Click on the check box after reading the Service Agreement of Pocket Option.
- After filling in the form, click on the "SIGN UP" button to complete the registration process.
Congratulations on successfully registering your Pocket Option account! The process is simple and time-efficient. Now, there’s no need for any further registration to open a demo account. You’ll notice that your balance is $1,000, allowing you to practice as much as you want for free. Simply click on "Demo Account" to begin honing your trading skills.
It is a great way to learn how to use the platform, test your strategies, and gain confidence in your trading skills. You have the flexibility to top up your demo account at any time according to your preferences.
Once you build confidence in your skills, you can easily switch to a real trading account by clicking the "Real account". Switching to a real trading account and depositing money on Pocket Option is an exciting and rewarding step in your trading journey.
How to Register an Account on Pocket Option via Social Media Account (Google, Facebook)
You can also sign up on Pocket Option with your Google or Facebook account.1. Choose Social Media: Click on the option that says "Facebook" or " Google" depending on the platform you prefer to use.
2. Authorize Pocket Option: You’ll be redirected to the respective social media platform. Enter your login credentials for that platform if prompted and authorize Pocket Option to access your account information.
3. Complete Registration: Once authorized, Pocket Option will gather the necessary details from your social media account to create your Pocket Option profile.
Features and Benefits of Pocket Option Trading Account
Pocket Option offers several features and benefits for traders on their trading accounts. Here are some key ones:User-Friendly Trading Platform: Pocket Option’s trading platform is designed to be user-friendly and accessible to traders of all experience levels. Its simple and intuitive interface allows for easy navigation and efficient trade execution. Traders can also access charts, indicators, and other tools to aid in their analysis and decision-making.
Wide Range of Trading Instruments: Pocket Option offers a wide range of trading instruments to traders, including binary options, forex, cryptocurrencies, stocks, commodities and more. This allows traders to explore different markets and trade assets they are comfortable with or interested in.
Demo account for Practice: Pocket Option offers a demo account feature that enables traders to practice trading strategies and test the platform’s functionality without risking real money. This is a valuable tool for gaining experience and learning.
Low Minimum Deposit: Pocket Option has a low minimum deposit requirement, making it accessible to traders with different budget sizes. This feature allows traders to start trading with a small amount of capital and gradually increase their investment as they gain confidence and experience.
High Payout Rates: Pocket Option provides competitive payout rates for successful trades, with percentages varying based on the asset and trade type. These rates can reach up to 96%, potentially increasing profitability.
Bonuses and Promotions: Pocket Option regularly provides its traders with bonuses and promotions, including deposit bonuses and cashback rewards. These incentives can provide additional value and improve the trading experience.
Mobile Trading App: Pocket Option has a mobile trading app available for iOS and Android devices, allowing traders to trade on the go. The app provides full functionality, including the ability to monitor positions, execute trades, and access market information from anywhere at any time.
Multiple Deposit and Withdrawal Options: Pocket Option offers a variety of deposit and withdrawal options, including credit/debit cards, bank transfers, e-payments, and cryptocurrencies. This flexibility enables traders to select the payment method that is most convenient and secure for their transactions.
Enthusiastic Customer Support: Pocket Option offers customer support to help traders with their questions and concerns. The support team can be reached through multiple channels, including live chat, email, and phone, for quick assistance.
How to Trade Binary Options on Pocket Option
How to Trade on Pocket Option
In this article, we will show you how to trade binary options on Pocket Option in 5 simple steps:Step 1: Choose an asset
Pocket Option offers a wide range of assets to trade, including currencies, stocks, commodities, and cryptocurrencies. Select the asset you want to trade or use the search function to find a specific asset and analyze its price movements using technical analysis or fundamental analysis. Consider factors such as volatility, liquidity, and recent market trends to make an informed decision.
Step 2: Set the Expiry Time
Once you select an asset, you can choose an expiry time for your trade. Pocket Option offers a range of expiry options, allowing you to choose a timeframe that aligns with your trading goals. Expiry times can vary from a few minutes to several hours. Consider the asset’s volatility and your desired trading duration when setting the expiry time.
Step 3: Determine the investment amount
Decide how much money you want to invest in the trade. The minimum trade amount is $1. Remember to manage your risk appropriately by not investing more than you can afford to lose.
Step 4: Predict the price movement
The final step is to predict whether the price of the asset will go up or down by the end of the time frame. You can use the technical analysis tools and indicators provided by the platform to help you make your prediction. Once you are ready, you can click on either the green button for a call option (HIGHER) or the red button for a put option (LOWER). A call option means that you expect the price of the asset to rise above the strike price by the expiry time. A put option means that you expect the price of the asset to fall below the strike price by the expiry time. You will see a line on the chart that represents your prediction.
Step 5: Trade Monitoring
Once you place your trade, you can monitor its progress on the chart and see the potential payout or loss. If your prediction is correct at the expiry time, you will receive a predetermined payout, typically a percentage of your initial investment. If your prediction is wrong at the expiry time, you may incur a loss, which is limited to the amount you initially invested.
Closed Trade on Pocket Option.
Pocket Option Trading Advantages
Secure and Regulated Platform: Pocket Option is a secure and regulated platform overseen by the International Financial Market Relations Regulation Center (IFMRRC). This regulatory body ensures that the platform meets certain standards of security, fairness, and transparency. As a result, traders can trust in the safety of their funds and the honesty of their trading activities.Flexible trading options: such as quick and digital trading, express trades, MT5 forex, pending orders and trades copying.
High Payouts and Fixed Risk: Pocket Option provides transparency and enables better risk management by offering high potential payouts for successful trades and informing traders of the exact potential payout percentage before entering a trade. At the same time, traders are aware of the fixed risk associated with each trade, allowing for precise calculation of potential losses.
Flexible Expiry Times: Pocket Option offers traders the flexibility to choose their preferred expiry times for binary options. With options ranging from short-term trades with expiry times as low as 60 seconds to longer-term trades extending to several hours, traders can align their trading strategies with their preferred timeframes.
Social Trading: A social trading feature that allows traders to follow and copy other successful traders.
What are some effective methods to make money on Pocket Option
To make money on Pocket Option, you need to have a good strategy, a reliable broker, and a disciplined mindset. Here are some tips to help you succeed:Choose a reputable broker: Pocket Option is regulated by the International Financial Market Relations Regulation Center (IFMRRC) and has a high level of security and transparency. Pocket Option also provides various tools and features, including indicators, charts, signals, and social trading.
Understand market analysis: Comprehend the factors that affect the price movements of assets like forex, commodities, stocks, and crypto. You can use technical analysis, which relies on patterns and trends on the charts, or fundamental analysis, which considers the economic and political events that affect the market.
Develop a trading plan: You need to have a clear set of rules and criteria for entering and exiting trades, as well as managing your risk and money. Test your plan on a demo account before using real money.
Maintain consistency and discipline throughout your trading journey: You need to follow your trading plan and avoid emotional decisions. You should also keep track of your performance and learn from your mistakes. Don’t chase losses or get greedy when you win.
Begin with small investments and increase gradually: You should not invest more than you can afford to lose. You should also diversify your portfolio and trade with different assets and expiry times. Increase your investment amounts once you have gained sufficient experience and confidence.
