How to Start Pocket Option Trading in 2024: A Step-By-Step Guide for Beginners

How to Sign up for Pocket Option

How to Sign up 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
 

1. Fill in your email address.
2. Create a strong password and confirm your password.
3. Click on the check box after reading the Service Agreement of Pocket Option.
4. 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 Sign up an Account on Pocket Option via 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 Verify Account on Pocket Option

Why do I need to Verify my Account on Pocket Option?

Verification is not only a requirement from Pocket Option, but also a good practice for any online platform that involves financial transactions. By verifying your account, you protect yourself from:

• Identity theft: Someone else could use your personal information to create an account and trade on your behalf, or access your existing account and steal your funds.
• Fraud and scams: Some people might try to use fake or stolen documents to open accounts and conduct illegal activities, such as money laundering or terrorism financing.
• Mistakes and errors: You might enter incorrect or outdated information when registering or updating your profile, which could cause problems when withdrawing your money or contacting customer support.
• Trust and Credibility: A verified account on Pocket Option instills trust among fellow traders, as it demonstrates your commitment to transparency and compliance with the platform’s policies and regulations.
• Access to Advanced Features: Verification unlocks various advanced features and benefits, such as higher deposit and withdrawal limits, priority customer support, participation in exclusive promotions, and access to advanced trading tools.

By verifying your account, you also show that you are a legitimate and trustworthy trader. This way, you can enjoy a smooth and hassle-free trading experience on the platform.
 

How do I Verify my Account?

Verifying your account on Pocket Option is simple and straightforward. You just need to provide some basic information and upload some documents that prove your identity and address. Here are the steps to follow:

Step 1: Log in to your account

Go to the Pocket Option website and log in with your email and password. If you don’t have an account yet, you can sign up for free by clicking on the "Registration" button.

Step 2: Go to your profile

Once you are logged in, click on the "Profile" icon at the top right corner of the screen, and then click on "Profile" from the drop-down menu.
Step 3: Verify your Email Address

1. When a pop-up appears, click the "Confirm your email address" button.

2. Pocket Option will promptly send a verification link to the email address associated with your account. Kindly access your inbox and complete email verification.

Step 4: Fill in your identity

On your profile page, you will see the section: "Identity info". You need to fill in all the fields with accurate and up-to-date information. Make sure that the information matches the documents that you will upload later.

Step 5: Upload your documents

After filling in your information, you need to upload some documents that verify your identity and address. You can click or drag and drop the images in the corresponding sections of your profile page.

For identity verification, you can upload one of the following documents:

• Passport
• Local ID card (both sides)
• Driver’s license (both sides)

The document image must be colored, uncropped (all the edges of the document must be visible), and in high resolution (all information must be clearly visible). The document must also be valid (not expired) and issued within the last 6 months.

Step 6: Wait for approval

Once you upload your documents, you will receive an email confirmation after you upload the images. 

The verification process usually takes up to 24 hours, but it might take longer during peak times or if there are any issues with your documents. You will receive an email and a website notification once your verification is completed. You can also track your document status in the Profile section.

Step 7: Enjoy trading on Pocket Option

After verifying your account, you can start trading on Pocket Option with confidence and peace of mind. You can access over 100 assets, use various indicators and tools, participate in tournaments and promotions, and withdraw your earnings without any hassle.

How long does the Pocket Option Verification process take

The verification process may take up to 24 hours from the date the Company receives the requested documents to complete. But usually, it only takes a few hours to complete the verification process.

During this time, Pocket Option will review the documents you have submitted and may contact you if they need additional information or clarification.

If you have been waiting longer than expected, you can contact Pocket Option support for an update on the status of your verification.

Tips for a Smooth Verification Process on Pocket Option

Accuracy: Double-check all the information you provide during registration and verification to ensure accuracy and avoid unnecessary delays.

Document Quality: Make sure that the documents you scan or photograph are of high quality and that all details are clearly visible. Blurry or incomplete documents may lead to rejection.

Patience: The verification process can take some time due to its thoroughness. While the Pocket Option team reviews your documents, be patient and avoid submitting multiple verification requests.

How to Deposit on Pocket Option

Pocket Option Deposit Payment Methods

Pocket Option provides users with various payment methods to conveniently deposit on the platform. The availability of specific payment methods may vary depending on your location. Here are some of the most popular payment methods on Pocket Option are:

Credit or Debit card

You can use your Visa or Mastercard to deposit money on Pocket Option. This is one of the fastest and easiest ways to fund your account. The minimum deposit amount is $5 and the maximum is $10,000 per transaction.

E-Payments (Electronic Payment Systems)

Pocket Option supports popular e-payment systems such as Advcash, WebMoney, Perfect Money, and others. These systems offer secure and fast transactions, making them a preferred choice for many traders. The minimum deposit amount is $5. 

Bank Transfers

Pocket Option offers a convenient and secure method for traders to deposit funds into their trading accounts using bank transfers. Bank transfers provide a reliable way to deposit money, particularly for those who prefer traditional banking channels. You can initiate a bank transfer from your personal bank account to the specified account details provided by Pocket Option. The minimum deposit amount is $5.

Cryptocurrencies

For those who prefer using digital currencies, Pocket Option accepts deposits in cryptocurrencies like Bitcoin, Ethereum, Litecoin, USDT, and more. Cryptocurrency deposits provide an additional layer of anonymity and decentralization. It operates independently of any central authority or intermediary. The minimum deposit amount is $10.

How to Deposit Money on Pocket Option

Deposit Money on Pocket Option: A Step-by-Step Guide

If you want to start trading with real money, you need to make a deposit first. I will show you how to deposit on Pocket Option in a few simple steps.

Step 1: Log in to your Pocket Option account and click on the "Top-Up" button at the top right corner of the screen. If you don’t have one yet, you can sign up for free here.

Step 2: You will see a new window with different payment methods. Choose your preferred payment method. Pocket Option supports various payment methods, such as credit cards, e-wallets, cryptocurrencies, and bank transfers.

Step 3: Enter the amount you want to deposit. You can also choose a gift and bonus offer if you want to get some extra funds for trading.

Step 4: You will be redirected to the payment provider’s website, where you will need to complete the transaction. 

Step 5: Confirm your deposit by checking all the details you have entered, including the deposit amount and payment information. Once your payment is processed, a confirmation message will appear on your screen, and the funds may take a few seconds to reflect in your trading account balance. You can conveniently track your balance and review transaction history through your account dashboard.

Congratulations! You have successfully deposited money on Pocket Option and you are ready to start trading binary options, forex, cryptocurrencies, and more.

Pocket Option strives to provide a smooth payment experience, it’s essential to be aware of any associated fees, minimum deposit amounts, currency conversion rates, and any verification requirements imposed by the platform for certain payment methods. Considering these factors will help you make informed decisions and effectively manage your finances while using Pocket Option.
 

What is the Minimum Deposit for Pocket Option

One of the advantages of Pocket Option is that it has a low minimum deposit requirement of only $5, which is much lower than other platforms that may require hundreds or thousands of dollars. This makes Pocket Option an affordable option for beginners and low-budget traders. This means that you can start trading with a small amount of money and test your skills and strategies without risking too much. 
 

Pocket Option Deposit Fees

Pocket Option prides that it offers deposits without any fees. This means that you won’t be charged for depositing funds into your trading account on the platform. This applies to most payment methods supported by Pocket Option, including credit/debit cards, electronic payment systems, cryptocurrencies, and bank transfers.

However, it’s important to note that while Pocket Option doesn’t charge deposit fees, some payment providers may have their own transaction fees or currency conversion charges. These fees are determined by the payment provider or financial institution you use to make the deposit. Therefore, it’s recommended to check with your chosen payment method or financial institution to understand any potential fees they may charge.

In the case of bank transfers, it’s worth noting that your personal bank may charge fees for initiating the transfer. These fees are not imposed by Pocket Option but rather by your bank. It’s advisable to consult with your bank to understand the fees associated with bank transfers.

How long does Pocket Option Deposit take

The processing time for deposits on Pocket Option may vary based on the payment method chosen and other factors involved in the transaction. Below is a general summary of the usual processing times for various deposit methods on Pocket Option:

Credit/Debit Cards: Deposits made using credit or debit cards are usually processed instantly. Once the transaction is confirmed, the funds are immediately credited to your Pocket Option trading account, allowing you to start trading right away.

E-Payments (Electronic Payment Systems): Popular electronic payment systems like Advcash, WebMoney, Perfect Money, and others typically offer quick processing times. Deposits made through these systems are often processed instantly or within 5 minutes, ensuring that your funds are available for trading promptly.

Cryptocurrencies: Deposits made using cryptocurrencies can vary in processing time depending on the specific blockchain network and its associated confirmation times. In general, blockchain transactions require a certain number of confirmations before the funds are credited to your Pocket Option account. The time required for confirmations can vary for different cryptocurrencies but typically ranges from a few minutes to an hour.

Bank Transfers: Bank transfers typically have longer processing times compared to other payment methods. The exact time frame may vary based on the banks involved, any intermediary processes, and your location. It may take several business days for the funds to appear in your Pocket Option trading account.

Benefits of Deposits on Pocket Option

No fees or commissions: Pocket Option does not charge any fees for deposits.

Access to Diverse Markets: Making a deposit on Pocket Option opens the door to a vast selection of financial markets, including currencies, commodities, indices, and cryptocurrencies. With a funded account, you can diversify your portfolio and explore various trading opportunities across different asset classes.

Real-Time Trading: Deposits ensure that you have sufficient funds readily available for trading activities. This means you can seize market opportunities as they arise, execute trades in real-time, and capitalize on favorable market conditions without delay.

Leveraged Trading: Many traders are attracted to the concept of leveraged trading, which allows them to amplify their potential returns. By making a deposit, you can take advantage of leverage, effectively multiplying your trading power and gaining exposure to larger positions than your initial deposit would allow.

However, there are also some drawbacks of using Bank transfers to deposit money on Pocket Option, such as:

Slow processing time: Bank transfers may take longer than other payment methods to be completed and verified. This can be inconvenient if you want to start trading right away or if you need to make a quick withdrawal.

Limited availability: Bank transfers may not be available in some countries or regions due to legal or regulatory restrictions. 
 

Security Measures for Deposit on Pocket Option

Pocket Option prioritizes the security of its users’ funds and personal information. The platform employs several security measures to ensure a safe deposit process:

1. SSL Encryption: All data transmitted between traders and Pocket Option is encrypted using industry-standard SSL technology. This encryption protects sensitive information from unauthorized access and ensures secure transactions.

2. Segregated Accounts: The platform keeps traders’ funds in segregated accounts, separate from the company’s operational funds. This segregation ensures that traders’ deposits remain protected even in the event of unforeseen circumstances.

3. Regulatory Compliance: Pocket Option adheres to regulatory guidelines and operates in accordance with international financial standards. Compliance with established regulations enhances transparency and safeguards users’ funds.

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.

How to Withdraw Funds from Your Pocket Option Account

Pocket Option Withdrawal Payment Methods

Pocket Option provides a variety of convenient and secure payment methods for withdrawing funds from your trading account. These payment methods are designed to cater to various preferences and geographical locations. We will explain how you can withdraw your money from Pocket Option using different payment methods, such as bank cards, e-payments, cryptocurrencies, and bank transfers.
 

Bank Cards (Credit/Debit Cards)

One of the most common and secure ways to withdraw your money from Pocket Option is using bank cards. You can use Visa or Mastercard to request a withdrawal from your account. You can link your card to your trading account and withdraw funds directly to the card. The minimum withdrawal amount is $10. The processing time is usually within 3 business days, depending on your bank.

E-Payments

Another fast and convenient way to withdraw your money from Pocket Option is using e-wallets. You can choose from a variety of e-wallets supported by Pocket Option, such as WebMoney, Perfect Money, AdvCash, Jeton, and more. The minimum withdrawal amount is $10. The processing time is usually within 24 hours. To withdraw using e-wallets, you’ll need to have an active account with the respective e-wallet provider.

Bank Transfers

If you prefer to withdraw your money from Pocket Option using bank transfers, this method is suitable for large withdrawals, as the minimum withdrawal amount is $10. The processing time is usually within a few business days, depending on your bank. To withdraw using bank transfers, you need to provide your bank details to Pocket Option.

Cryptocurrencies

The last option is to withdraw your money from Pocket Option using cryptocurrencies, you have several options to choose from, including Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, USDT, and more. The minimum withdrawal amount is $15 and the processing time is usually within a few business days. To withdraw using cryptocurrencies, you need to provide your cryptocurrency wallet address to Pocket Option.

How to Withdraw Money from Pocket Option

Withdraw Money from Pocket Option: A Step-by-Step Guide

Step 1: Logging in and accessing your account
 

1. Navigate to the Pocket Option website.
2. Enter your login credentials (username and password) to access your account dashboard.

Step 2: Verify your account

Before making any withdrawals, you need to verify your account. This is a security measure that ensures that only you can access your funds and prevent fraud. Verification typically involves providing proof of identity and address, as per Pocket Option’s KYC (Know Your Customer) requirements.

Follow the instructions provided and upload the necessary documents for proof of identity, such as a passport, driver’s license, or national ID card. The verification process usually takes up to 24 hours.

Step 3: Navigating to the withdrawal section

Once your account is verified, navigate to the "Finance"- "Withdrawal" section of your account dashboard.

Step 4: Choose your withdrawal method

Pocket Option offers various withdrawal methods, including cryptocurrencies, credit/debit cards, bank transfers, and e-wallets. Choose the withdrawal method that suits your preferences and meets the requirements of your trading account.

Step 5: Fill in the withdrawal request form
 

1. Enter the amount you wish to withdraw from your trading account. Make sure you have sufficient funds available and consider any applicable fees or minimum withdrawal limits.
2. Provide the necessary details, such as your bank account information, crypto address, or e-payment ID, depending on the selected withdrawal method.
3. Double-check the accuracy of the information provided to avoid any potential errors or delays.

Step 6: Tracking and receiving the funds

After you submit your withdrawal request, it will be reviewed and approved by Pocket Option within 24 hours.

You can check the status of your withdrawal on the Pocket Option website or app.

Depending on the chosen withdrawal method and the processing time, the funds will be transferred to your designated bank account, e-payment, or crypto address.
 

What is the Minimum Withdrawal for Pocket Option

• Bank Cards (Credit/Debit Cards): The minimum withdrawal amount is $10
• E-Payments: The minimum withdrawal amount is $10.
• Bank Transfers: the minimum withdrawal amount is $10.
• Cryptocurrencies: The minimum withdrawal amount is $15.

Pocket Option Withdrawal Fees

Pocket Option prides that it offers withdrawal without any fees. This means that you won’t be charged for withdrawing funds on the platform. This applies to most payment methods supported by Pocket Option, including credit/debit cards, electronic payment systems, cryptocurrencies, and bank transfers.

How long does Pocket Option Withdrawal take

• Bank Cards (Credit/Debit Cards): The processing time is usually within 3 business days, depending on your bank.
• E-Payments: The processing time is usually within 24 hours.
• Bank Transfers: The processing time is usually within a few business days, depending on your bank. 
• Cryptocurrencies: The processing time is usually within a few business days.

Tips and Tricks for Withdrawing Money from Pocket Option

Here are some tips and tricks that can help you withdraw money from Pocket Option smoothly and quickly:

• Ensure prompt verification of your account to prevent delays and complications.
• Use the same payment method for deposits and withdrawals to avoid fees and conversion rates.
• Withdraw only the necessary amount and retain some funds in your account for future trading.
• Review the minimum and maximum withdrawal limits for each method and follow them.
• Reach out to the customer support team for any inquiries or concerns regarding your withdrawal.

Pocket Option Withdrawal Requirements

As you can see, Pocket Option offers a range of withdrawal payment methods for its clients. You can choose the one that suits your preferences and needs best. However, before you request a withdrawal from Pocket Option, make sure you have met the following requirements:

• You have successfully verified your identity and payment details with Pocket Option.
• You have completed at least one trade on the platform.
• You have sufficient funds in your account to meet the minimum withdrawal amount requirement.
• You have not requested more than one withdrawal per day.

Frequently Asked Questions (FAQ)

Demo Account

Can I get additional profit on the demo account?

A demo account is a tool for you to get familiar with the platform, practice your trading skills on different assets, and try out new mechanics on a real-time chart without risks.

The funds on the demo account are not real. You can increase them by concluding successful trades, but you cannot withdraw them.

Once you’re ready to start trading with real funds, you can switch to a real account.

How to switch from a Demo to a Real account?

To switch between your accounts, follow these steps:

1. Click on your Demo account in the top of the platform.

2. Click “Live Account”.

3. The platform will notify you that you have to make an investment in your account (Minimum investment amount is $5). Please first top up the balance to start Live Trading. Click “Deposit Now”.

After making a deposit successfully, you can trade with Real account.
 

Demo account top-up

In the upper menu, click on the demo balance and select the "Top-up" option to add any amount to your demo account.

Verification

Verification of user data is a mandatory procedure in accordance with the requirements of the KYC policy (Know Your Customer) as well as international anti-money laundering rules (Anti Money Laundering).

By providing brokerage services to our traders, we are obliged to identify users and monitor financial activity. The basic identification criteria in the system are verification of the identity, residential address of the client and email confirmation.

Email address verification

Once you’ve signed up, you will receive a confirmation email (a message from Pocket Option) which includes a link that you need to click to verify your email address.

If you haven’t received the email right away, open your Profile by clicking "Profile" and then click "PROFILE"

And in the “Identity info” block click on the “Resend” button to send another confirmation email.

If you do not receive a confirmation email from us at all, send a message to [email protected] from your email address used on the platform and we will confirm your email manually.

Identity verification

The Verification process starts once you fill in Identity and Address information in your Profile and upload the required documents.

Open the Profile page and locate the Identity status and Address status sections.

Attention: Please note, you need to enter all the personal and address information in the Identity status and Address status sections prior to uploading documents.

For identity verification we accept a scan/photo image of the passport, local ID card (both sides), drivers license (both sides). Click or drop the images in the corresponding sections of your profile.

The document image must be colored, uncropped (all the edges of the document must be visible), and in high resolution (all information must be clearly visible).
Example:


Verification request will be created once you upload the images. You can track the progress of your verification in the appropriate support ticket, where a specialist will reply.
 

Address verification

Verification process starts once you fill in Identity and Address information in your Profile and upload the required documents.

Open the Profile page and locate the Identity status and Address status sections.

Attention: Please note, you need to enter all the personal and address information in the Identity status and Address status sections prior to uploading documents.

All fields must be completed (except the “address line 2” which is optional). For address verification we accept paper-issued proof of address document issued in the account holder’s name and address not more than 3 months ago (utility bill, bank statement, address certificate). Click or drop the images in the corresponding sections of your profile.

The document image must be color, high-resolution and uncropped (all the edges of the document are clearly visible and uncropped).

Example:

Verification request will be created once you upload the images. You can track the progress of your verification in the appropriate support ticket, where a specialist will reply.

Bank card verification

Card verification becomes available upon requesting a withdrawal with this method.

After the withdrawal request is created open the Profile page and locate the "Credit/Debit Card verification" section.

For bank card verification you need to upload scanned images (photos) of the front and back sides of your card to the corresponding sections of your Profile (Credit/Debit Card verification). On the front side, please cover all digits except the first and last 4 digits. On the back of the card, cover the CVV code and make sure the card is signed.

Example:

A verification request will be created after the process is initiated. You can use that request to track the verification progress or to contact our support team for help.

Deposit

To make a deposit, open the “Finance” section in the left panel and select the “Deposit” menu.

Choose a convenient payment method and follow the onscreen instructions to complete your payment. Please note that the minimum deposit amount varies depending on the chosen method as well as your region. Some payment methods require full account verification.

Your deposit amount can increase your profile level accordingly. Click on the "Сompare" button to view the additional features of a higher profile level.

Attention:Please note that for security reasons withdrawal is available only via the same payment methods which were previously used for deposits.

Cryptocurrency deposit

On the Finance - Deposit page, choose the desired cryptocurrency to proceed with your payment, and follow the onscreen instructions.

Most payments are processed instantly. However, if you’re sending funds from a service, it may apply a fee or send a payment in several parts.

Choose the Crypto you want to deposit

Enter the amount, choose your gift for deposit and click "Continue".

After clicking "Continue", you will see the address to deposit in Pocket Option

Go go History to check your latest Deposit

Attention: if your cryptocurrency deposit is not processed instantly, contact the Support service and provide the transaction ID hash in the text form or attach a url-link to your transfer in the block explorer.

Visa/Mastercard deposit

On the Finance - Deposit page, choose the Visa, Mastercard payment method.

It may be available in several currencies depending on the region. However, the balance of your trading account will be funded in USD (currency conversion is applied).
 

Attention: For certain countries and regions the Visa/Mastercard deposit method requires a full account verification before usage. The minimum deposit amount also varies.

Once the payment is completed, it will take a few moments to appear on your trading account balance.

eWallet deposit

On the Finance — Deposit page, choose an eWallet to proceed with your payment.

Follow the on-screen instructions to complete your payment. Most payments are processed instantly. Otherwise, you may have to specify the transaction ID in a support request.
 

Attention: For certain countries and regions, the eWallet deposit method requires full account verification. The minimum deposit amount also varies.

Wire transfer deposit

Bank transfers are represented in several payment methods, including local bank transfers, international, SEPA, etc.

On the Finance - Deposit page, choose a wire transfer to proceed with your payment.

Enter the required bank information and on the next step, you will receive an invoice. Pay the invoice using your bank account to complete the deposit.
 

Attention: For certain countries and regions, the Bank Wire deposit method requires full account verification. The minimum deposit amount also varies.

Attention: It may take a few business days for the transfer to be received by our bank. Once the funds have been received, your account balance will be updated.

Deposit processing currency, time and applicable fees

The trading account on our platform is currently available only in USD. However, you can top-up your account in any currency, depending on the payment method. Funds will be converted automatically. We do not charge any deposit or currency conversion fees. However, the payment system that you use may apply certain fees.

Applying a deposit bonus promo code

To apply a promo code and receive a deposit bonus, you have to paste it into the promo code box on the deposit page.

The deposit bonus terms and conditions will appear on the screen.

Complete your payment and the deposit bonus will be added to the deposit amount.

Choosing a chest with trading advantages

Depending on the deposit amount, you can choose a chest that will give you a random assortment of trading advantages.

Choose a payment method first and on the next page, you will have a selection of available Chests options.

If the deposited amount is more or equal to the specified in the Chest requirements, you will receive a gift automatically. Chest conditions can be viewed by selecting a chest.

Deposit troubleshooting

If your deposit has not been processed right away, navigate to the appropriate section of our Support Service, submit a new support request and provide the information required in the form.

We will investigate your payment and complete it as soon as possible.

Trading

Placing a trading order

The trading panel allows you to adjust settings such as the purchase time and the trade amount. That’s where you place a trade trying to predict whether the price will go up (the green button) or down (the red button).

Choose assets
You can choose among over a hundred assets available on the platform, such as currency pairs, cryptocurrencies, commodities, and stocks.

Choosing an asset by category

Or use an instant search to find a necessary asset: simply start typing in the asset name

You can favorite any currency pair/cryptocurrency/commodity and stock for quick access. Frequently used assets can be marked with stars and will appear in a quick access bar at the top of the screen.

The percentage next to the asset determines its profitability. The higher the percentage – the higher your profit in case of success.

Example. If a $10 trade with a profitability of 80% closes with a positive outcome, $18 will be credited to your balance. $10 is your investment, and $8 is a profit.


Setting the Digital Trading purchase time
To choose the purchase time while in Digital Trading, click on the "Purchase time" menu (as in the example) on the trading panel and select the preferred option.

Please note that a trades expiration time in Digital trading is the purchase time + 30 seconds. You can always see when your trade will close on the chart — it’s a vertical line "Time until expiration" with a timer.

Setting the Quick Trading purchase time
To choose the purchase time while in Digital Trading, click on the "Expiration time" menu (as in the example) on the trading panel and set the required time.

Changing the trade amount
You can change the trade amount by clicking on "-" and "+" in the "Trade amount" section of the trading panel.

You can also click on the current amount which will allow you to type in the required amount manually, or multiply/divide it.

Strike price settings
Strike price allows you to place a trade at a price that is higher or lower than the current market price with the respective change in the payout percentage. This option can be enabled at the trading panel before making a trade.

Risk and potential payout rates depend on how much the difference is between the market price and the strike price. This way, you not only predict the price movement but also indicate the price level that should be reached.

To enable or disable the strike price, use the corresponding switch in the lower trading panel above the market price.
 

Attention: When the strike price is enabled your trading orders will be placed above or below the current market place due to the nature of this feature. Please do not be confused with the regular trade orders which are always placed at the market prices.

Attention: Strike prices are only available for Digital Trading.

Analyze the price movement on the chart and make your forecast
Choose Up (Green) or Down (Red) options depending on your forecast. If you expect the price to go up, press "Up" and if you think the price to go down, press "Down"

Trade order results
Once a trader order is closed (time until expiration is reached), the result is marked accordingly as correct or incorrect.

In the event of the correct forecast
You receive a profit — the overall payout containing the originally invested amount as well as the trade profit which depends on the established parameters of the asset at the time of the order placement.

In the event of a correct forecast
The originally invested amount at the time of the order placement remains withheld from the trading account balance.


Cancelling an open trade
To cancel a trade before its expiration, go to the "Trades" section in the right panel of the trading interface. There you can see all trades that are currently in progress and you need to click on the "Close" button next to a specific trade.
 

Attention: The trade can be canceled only within the first few seconds once the trade order has been placed.

Placing an express trade

Express trade is a composite forecast based on several events across several trading assets. A won express trade grants a payout of more than 100%! When you activate the express trading mode, each click on the green or red button will add your forecast to the express trade. The payouts of all forecasts within an express trade are multiplied, thus making it possible to get a much higher profit compared to the use of a single Quick or Digital trade.

To access Express trading, locate the "Express" button on the right-side panel of the trading interface.

Choose an asset type by clicking on the appropriate tab (1) and then make at least two forecasts on various assets (2) to place an Express trade.


Viewing opened express orders
To see your active Express orders click on the "Express" button on the right-side panel of the trading interface and select the "Opened" tab.

Viewing closed express orders
To see your closed Express orders click on the "Express" button on the right-side panel of the trading interface and select the "Closed" tab.

Monitoring your trades

Active trading sessions can be viewed without leaving the trading interface and without switching to another page. In the right menu, find the "Trades" button and click to display a pop-up menu with information on transactions for the current session.

Open trades display
To see the open trades, go to the "Trades" section in the right panel of the trading interface. There will be displayed all trades that are currently in progress.

Closed trades display
Closed trades for the trading session can be found in the "Trades" section (the right panel of the trading interface).

To view the history of live trades, click on the "More" button in this section and you will be redirected to your trading history.

Pending trades

Pending trade is a feature that allows you to place trades at a specified time in the future or when the asset price reaches a speсific level. In other words, your trade will be placed once the specified parameters are met. You can also close a pending trade before it is placed without any loss.

Placing a "By the time" trade order
To place a pending order that is executed "By the time" (at a specified time), you have to:

• Select an asset.
• Click on the clock and set the date and time when you want the trade to be placed.
• Set the minimum payout percentage (Note that if the actual payout percentage will be lower than the one youve set, the order will not be opened).
• Choose the timeframe.
• Type in the trade amount.
• After you have set all the parameters, choose if you want to place a put or call option.

A pending trade will be created and you can track it in the "Current" tab.

Please note that you should have enough balance at the time of the pending trade order execution, otherwise it will not be placed. If you want to cancel a pending trade, click "X" on the right.


Placing a "By the asset price" trade order
To place a pending trade that is executed "By the asset price", you have to:

• Select an asset.
• Set the required open price and payout percentage. If the actual payout percentage is lower than the one youve set, the pending bet will not be placed.
• Choose the timeframe and the trade amount.
• Choose if you want to place a put or a call option.

A pending trade will be created and you can track it in the "Current" tab.

Please note that you should have enough balance at the time of the pending trade order execution, otherwise it will not be placed. If you want to cancel a pending trade, click "X" on the right.
 

Attention: A pending trade executed "By the asset price" opens with the next tick after the specified price level is reached.

Cancelling a pending trade order
If you want to cancel a pending trade, click on the "X" button on the current pending orders tab.

Differences between Digital and Quick Trading

Digital Trading is the conventional type of trade order. Trader indicates one of the fixed timeframes for "time until purchase" (M1, M5, M30, H1, etc.) and places a trade within this timeframe. There is a half-minute "corridor" on the chart consisting of two vertical lines — "time until purchase" (depending on the specified timeframe) and "time until expiration" ("time until purchase" + 30 seconds).

Thus, digital trading is always conducted with a fixed order closing time, which is exactly at the beginning of each minute.

Quick trading, on the other hand, makes it possible to set exact expiration time and allows you to utilize short timeframes, starting from 30 seconds before expiration.

When placing a trade order in quick trading mode, you will see only one vertical line on the chart — "expiration time" of the trade order, which directly depends on the specified timeframe in the trading panel. In other words, it is a simpler and faster trading mode.

Switching between Digital and Quick Trading

You can always switch between these types of trading by clicking on the "Trading" button on the left control panel, or by clicking on the flag or clock symbol underneath the timeframe menu on the trading panel.

Switching between Digital and Quick Trading by clicking on the "Trading" button

Switching between Digital and Quick Trading by clicking on the flag

Social trading

Social trading is one of the unique features of our platform. This section allows you to monitor progress, view ratings, and also copy trade orders of the most successful traders in the automatic mode.

Copying a trader

If you have enabled Social trading, all traders that you copy will be displayed in this section. If your list of copied traders is empty, you can click "View top-ranked traders" and find a trader to copy or watch.

To adjust copy settings, select a trader in Social trading, and in the next window click "Copy trades".

In the "Copy settings" window you can adjust the following parameters:


Copy in proportion
The "Copy in proportion" setting allows you to adjust the percentage of trade amount in relation to the original trades. For example, if you set this parameter to 60% when you copy a $100 trade, your trade will open at $60.

Meanwhile, the payout percentage will be the same as for the original trade.

Stop balance
The "Stop balance" setting allows you to set the balance amount at which the copying will be terminated. You can also stop copying at any time manually.

Min copy trade amount
The "Minimum copy trade amount" setting allows you to set the minimum amount for any copied trade.

Please note that the minimum copy trade amount cannot be less than $1.

Max copy trade amount
The "Maximum copy trade amount" setting allows you to set the maximum amount for any copied trade.

To save all changes in the copy settings, click on the "Confirm" button.
 

Attention:Please note that you can only copy the original trades of the selected trader. It’s not possible to copy a copied trade.
Attention: Please note that trades with an expiration time of less than 1 min will not be copied.

 

Copying trades of other users from the chart

When trades of other users are displayed, you can copy them right from the chart within 10 seconds after they have appeared. The trade will be copied in the same amount provided that you have enough funds on your trading account balance.

Click on the most recent trade that you are interested in and copy it from the chart.

Displaying trades of other users

You can view the trades of other users on the platform right on the chart in real time. To switch other users trades on and off, click on the three dots in the upper left corner and select the "Social trading" button.

Withdrawal

Creating a withdrawal request

Navigate to the "Finance" "Withdrawal" page.

Enter the withdrawal amount, choose an available payment method, and follow the onscreen instructions to complete your request. Please note that the minimum withdrawal amount may vary depending on the withdrawal method.

Specify the receiver account credentials in the "Account Number" field.

Attention: if you create a withdrawal request while having an active bonus, it will be deducted from your account balance.

Cryptocurrency withdrawal

On the Finance - Withdrawal page, choose an cryptocurrency option from the “payment method” box to proceed with your payment and follow the onscreen instructions.
Choose a payment method, enter the amount and Bitcoin address you want to withdraw.

After clicking Continue, you will see the notification that your request has been queued.

You can go to History to check your latest withdrawals

Visa/Mastercard withdrawal

On the Finance - Withdrawal page, choose a Visa/Mastercard option from the “Payment Method” box to proceed with your request and follow the onscreen instructions.

Please note: in certain regions the bank card verification is required prior to using this withdrawal method.

Choose a card, enter the amount, and create the withdrawal request. Please note that in certain cases it may take up to 3-7 business days for the bank to process a card payment.

eWallet withdrawal

On the Finance - Withdrawal page, choose an eWallet option from the “Payment Method” box to proceed with your request and follow the onscreen instructions.

Choose a payment method, enter the amount, and create the withdrawal request.
 

Wire transfer withdrawal

On the Finance - Withdrawal page, choose a wire transfer option from the “payment method” box to proceed with your request and follow the onscreen instructions. Please contact your local bank office for the bank details.

Choose a payment method, enter the amount, and place your withdrawal request.
 

Withdrawal processing currency, time and applicable fees

Trading accounts on our platform are currently available only in USD. However, you can withdraw funds to your account in any currency, depending on the payment method. Most likely the funds will be converted to your account’s currency instantly upon receiving payment. We do not charge any withdrawal or currency conversion fees. However, the payment system that you use may apply certain fees. Withdrawal requests are processed within 1-3 business days. However, in some cases, the withdrawal time can be increased up to 14 business days and you will be notified about it at the support desk.

Cancelling a withdrawal request

You can cancel a withdrawal request before the status is changed to “Complete”. To do so, open the Finance History page and switch to the “Withdrawals” view.

Find the pending withdrawal and click on the Cancel button to dismiss the withdrawal request and retrieve funds on your balance.

Changing the payment account details

Please note that you can withdraw funds via the methods that you previously used for depositing into your trading account. If there is a situation when you can no longer receive funds to the previously used payment account details, feel free to contact the Support desk in order to approve new withdrawal credentials.

Withdrawal troubleshooting

If you have made a mistake or entered incorrect information, you can cancel the withdrawal request and place a new one afterward. See the Cancelling a withdrawal request section.

In accordance with the AML and KYC policies, withdrawals are available only to fully verified customers. If your withdrawal was cancelled by a Manager, there will be a new support request where you will be able to find the reason for the cancellation.

In certain situations when the payment can not be sent to the chosen payment, a financial specialist will request an alternative withdrawal method via the support desk.

If you did not receive a payment to the specified account within a few business days, contact the Support desk to clarify the status of your transfer.

Adding a new card for withdrawals

Upon completing the requested card verification, you can add new cards to your account. To add a new card, simply navigate to Help - Support Service and create a new support request in the appropriate section.

Conclusion: Initiating Your Pocket Option Trading Journey

In conclusion, stepping into the world of Pocket Option trading demands a blend of knowledge, strategy, and continuous learning. To begin this endeavor on the right footing, aspiring traders should prioritize education. Understanding the platform’s nuances, market trends, and risk management techniques lays a sturdy foundation.

Moreover, establishing a coherent trading plan tailored to individual goals and risk tolerance is paramount. Embracing a disciplined approach, utilizing demo accounts, and starting with smaller investments can mitigate initial risks while honing skills.

Beyond the technicalities, fostering a mindset of adaptability and resilience is essential. Markets fluctuate, strategies evolve, and learning from both successes and setbacks is intrinsic to long-term success. Building a network within the trading community, staying updated on market news, and leveraging available resources like tutorials, forums, and expert insights can significantly enhance one’s trading prowess.

Ultimately, embarking on a Pocket Option trading journey necessitates patience, continuous learning, and a commitment to refining both strategies and skills. By integrating these elements, traders can navigate the complexities of the market with confidence and prudence, aiming for consistent growth and success.