The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!
No valid regulatory information
Please be aware of the risk!
No restriction on the broker account. Provide service support by WikiFX
C/O LC02 503, Choc Bay, Castries, Saint Lucia
It has been verified that this broker currently has no valid regulatory, please be aware of the risk!
The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months, please be aware of the risk and the potential scam!
I deposited 38000 pesos with the commission under someone’s suggestion. But when I withdrew, my balance was reset.
Unable to withdraw
I deposited $2000 but they deducted all my balance. I could not operate on the page.
Unable to withdraw
I deposited 22000 pesos but there was no profits.
Pocket option Scam
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.
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.
A client had her account blocked when she tried to withdraw after making profit. She calls this broker a scam.
Binary options brokers offer traders an accessible way to make money in the binary options market. However, with so many binary brokers to choose from, picking the best trading platform for your needs can feel overwhelming.
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.
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Basic Information & Regulators of Pocket Option
Founded in 2017, Pocket Option is an online Forex and CFD broker with more than 100,000 active clients from 95 countries or regions. Pocket Option is regulated by the International Financial Market Relations Regulatory Center (IFMRRC) of Russia (regulatory number TSPF RU 0395 AA Vv0158).
Safety Analysis of Pocket Option
Pocket Option claims to be regulated by the Russian IFMRRC, but IFMRRC is an institution that does not regulate foreign exchange, so Pocket Option is an unregulated broker. 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.
Pocket Option offers investors access to popular currency pairs in the Forex market, crude oil, gold, silver, and cryptocurrency products.
User Levels of Pocket Option
Pocket Option has six user levels: Beginner (deposit less than $100), Beginner (minimum account balance of $100), Skilled (minimum account balance of $1000), Master (minimum account balance of $5000), Professional (minimum account balance of $15000), Super Master (minimum account balance of $50,000) USD).
Trading Platform Available
Pocket Option clients can trade on the web-based trading platform, Android trading platform, iOS trading platform, and PC trading platform.
Deposit and Withdrawal of Pocket Option
Pocket Option supports a variety of convenient deposit and withdrawal methods, mainly VLOAD, WebMoney, Bitcoin, Litecoin, Ethereum, Perfect Money, ADVCash, TEDA, etc. Pocket Option does not charge commissions for deposits and withdrawals.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.