Everything you need to know about Pocket Option trading platform

Introduction

Binary Options are currently one of the most popular ways of making money online. Online trading has gained a huge amount of success and popularity in recent years.

One such platform that has recently caught the attention of traders worldwide is Pocket Option. In this blog, I will share everything about Pocket Option and how you can use this platform to attain financial freedom.

What is Pocket Option?

Pocket Option is an online trading platform that allows traders worldwide to invest their money i.e. buy or sell commodities, shares, cryptocurrencies and more. This platform was launched in the year 2017, In just 6 years this platform has quickly gained huge recognition and success.

Types of account

The Pocket option offers two types of account

Binary options account: Binary options are a very new model of trading where you need to speculate the price movement of the asset for a specific period of time.

Forex account: Forex or you can call it a Foreign exchange market where you can trade i.e. buy or sell currencies at current or determined prices. Here, you can control your trades using take profit or a stop loss.

How Pocket Option works

Pocket Option is an online trading platform that allows traders all around the globe to trade online i.e. buy and sell currencies, stocks, commodities and more. In order to understand How Pocket Option works follow the steps below

Step 1: Create a new Pocket Option account. In case you don’t have one click here.

Step 2: Once you have signed up. Navigate to the trading dashboard

Step 3: Select your desired currency from the asset button at the top of the page

Step 4: Select your desired indicator after clicking the indicator button at the top middle of the page

Step 5: Analyse the market with the help of indicators and candles

Step 6: If your analysis says a bullish trend place a buy trade similarly If your analysis says a bearish trend place a sell trade.

 

Can you make money on Pocket Option?

Pocket Option is an online trading platform that allows traders to buy and sell currencies, stocks, commodities and more.

This trading platform was designed to help traders all around the globe with trading online.

In the Pocket Option, you need to predict security price movement with the bullish trend you need to place a buy trade and vice versa with the bearish trend you need to place a sell trade.

One of the most common questions that I have been asked is Can you make money on Pocket Option my answer to this question is a big yes. However, It is not easy the answer to the question Can you make money on Pocket Option also depends on your trading skills,  knowledge and your trading strategy plus other important factors.

Does Pocket option accept US traders?

Pocket Option is a CFD and Binary options broker that came into existence in the year 2017. This platform is owned by Infinite Trade LLC and is regulated by Mwali.

Now, Talking about whether Does Pocket Option accepts US traders, the answer is yes. Pocket Option is a legal trading platform in the United States and its legality itself gives traders the licence to trade and make money on the Pocket Option trading platform.

 

Can you use Pocket Option in the US?

As, I said above Pocket Option is a legal trading platform which accepts traders from worldwide including the United States. So, the answer to the question  Can you use Pocket option in the US? My answer is a big yess.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *