How to use Pocket Option?
– Step-by-step tutorial
Have you been looking for a simple yet useful trading platform? Here is a Pocket Option trading tutorial, a modern and secure binary options trading platform that offers an intuitive web interface and access to global markets.
→ How to use Pocket Option
Updated 11.05.2024
Account types
Account types
- Step 1Register an account by providing your email and good password. Then verify your account via email.
- Step 2Deposit funds into your account via the available payment methods like credit cards, e-wallets or cryptocurrencies.
The minimum deposit amount is $5. - Step 3Start trading on any convenient device. The main trading screen features live charts, asset price quotes, payout information, and trading instruments.
- Step 4Select the asset category you want to trade - Forex, crypto, raw materials, stocks or indices. Then select an asset.
- Step 5Decide on the investment amount for the trade within the allowed limits. The minimum transaction amount at the broker is $1.
- Step 6Click the Call or Put button to enter the trade according to your market analysis. A “call” means that the price of an asset will rise. "Put" means it will fall. Use analysis tools such as indicators, price data and charts to analyze the outcome of a trade.
- Step 7Monitor your active trade on the chart during the countdown. If your prediction is correct at expiration, your trade ends "In the Money" and the payout is added to your balance.
To cancel an open trade before it is completed, go to the "Transactions" section on the right panel of your home screen. Here you will see all active trades. Select the trade you want to close and click on the button that displays the amount you will receive as a result of cancellation.
Start trading now
Effortlessly execute trades and manage your investments with the user-friendly Pocket Option trading platform, designed for seamless online trading across diverse financial markets.
Use additional benefits when trading:
Double Up feature
To quickly place a second order with the same price and expiration time, use the
Double Up feature. To do this, go to the "Transactions" section on the right panel of the home screen, where you will see all the transactions that are in the process of execution.
Select the desired deal and click on the green Double Up button.
Double Up feature. To do this, go to the "Transactions" section on the right panel of the home screen, where you will see all the transactions that are in the process of execution.
Select the desired deal and click on the green Double Up button.
Rollover function
To increase profits and minimize the risk of losses, use the Rollover function, which allows you to extend an open order for the same expiration period with an increase in the investment amount. To do this, go to the "Transactions" section on the right panel of the home screen, where you will see all active transactions. Select the desired deal and click on the green Rollover button.
Express order
An express order is a special type of trading operation that takes into account several forecasts for various assets. If the express transaction is successfully completed, the payout can exceed 100%! When you activate the express trading mode, each of your predictions made by clicking on the green or red button is added to the express trade. Payments for all forecasts within an express trade are added up, which allows you to get significantly higher profits compared to regular trades. To switch to express trading, you must use the "Express Order" button located on the right panel of the trading interface.
Social Trading feature
With the Social Trading feature, you can track the progress of other traders, view rankings
of the most successful ones, and repeat their trades. All traders whose trades you copy are displayed in the "Social Trading" section. If you want to find a suitable trader to repeat his trades, you can use the "View the best traders" menu. To set up copying parameters,
you need to select a trader and click "Copy" in the opened window. Here also set up all necessary parameters of trades.
of the most successful ones, and repeat their trades. All traders whose trades you copy are displayed in the "Social Trading" section. If you want to find a suitable trader to repeat his trades, you can use the "View the best traders" menu. To set up copying parameters,
you need to select a trader and click "Copy" in the opened window. Here also set up all necessary parameters of trades.
Powerful trading strategies for successful trading
Using reliable trading strategies is the key to making consistent profits on Pocket Option. Here are some effective strategies that you can apply:
- Trend trading - Identify the overall market trend using technical indicators like moving averages. Trade in the direction of the trend for the highest probability setups.
- Range trading - When asset prices move sideways in a range, trade reversals at support and resistance levels using boundary options.
- News trading - Major news events can cause increased asset volatility. Use this to your advantage trading relevant assets just before and after news releases.
- Pattern trading - Look for chart patterns like triangles, head and shoulders, and double tops indicating potential price breakouts to trade.
- Momentum trading - Buy oversold assets and sell overbought ones using indicators like RSI and stochastic that identify momentum.
- Candlestick patterns - Recognisable candlestick patterns can reveal shifting momentum and potential trend reversals to trade.
- Copy trading - broker allows you to use the experience and solutions of professional traders. In this case, you select the social trading menu in the right panel, select a trader and copy his trades.
Change your strategy to suit current market conditions using the analysis tools available on the platform. How does Pocket Option work?
Practice your skills on a demo account, so you don’t risk but gain experience!
Practice your skills on a demo account, so you don’t risk but gain experience!
How to set up an account quickly and for free?
How to set up an account quickly and for free?
Follow these steps to easily create your trading account:
- Open the official registration form
- Enter your email address
- Create a password for your account
- Agree to the terms of use and privacy policy
- Click ‘Register’ to submit your details
- Verify your email address by clicking the link sent to your inbox
- Once email and phone verification is complete, your account is ready to use.
If you do not receive an email after registering, check your Spam folder. If the letter is not there, open your Profile,
and click on the “Forward” button to receive a new letter.
and click on the “Forward” button to receive a new letter.
How to Verify
a account?
a account?
Verifying your account helps ensure security and allows access to all trading features.
Here are the steps for verification:
Here are the steps for verification:
- Login to your account dashboard.
- Click your profile icon in the top right corner.
- Enter your personal info, such as full first and last name, and date of birth.
- Upload ID verification documents such as passport, driver's license, etc.
- On the profile page, also upload documents to confirm your address.
You will receive a successful download notification via email. Once the images are verified, you will also receive an email and notification on the platform. You can track the document status in the "Profile" section. Once your documents are approved, your account verification status will change to “Verified”, which means you can now make deposits and start trading in real-time.
How to deposit money?
PO broker offer multiple payment methods to fund your trading account. Follow these steps:
- Login to your account and click ‘Deposit’ on the top panel.
- Choose your preferred payment method – credit/debit cards, e-wallets like Neteller, PerfectMoney, cryptocurrency etc.
- Enter the deposit amount in USD. Minimum is $1 for most methods.
- Provide necessary details like e-wallet email, card number etc.
- Complete any final steps to confirm payment. The deposit should be reflected in your account balance instantly.
The minimal deposit depends on the method and may vary, and some deposit methods are only available after account verification.
Deposit quickly and easily via your local payment method to start trading! On your first deposit you can also receive a 50% bonus when you top up $50 or more. Promo code 50START.
Deposit quickly and easily via your local payment method to start trading! On your first deposit you can also receive a 50% bonus when you top up $50 or more. Promo code 50START.
Trading accounts on the platform are only available in US Dollars. However, you can top up your account in any currency, depending on the payment method.
The conversion will be done automatically. The broker does not deduct a commission from the payment amount, but payment systems and
financial intermediaries may take it.
The conversion will be done automatically. The broker does not deduct a commission from the payment amount, but payment systems and
financial intermediaries may take it.
How to withdraw money?
Withdrawing your profits from a trading account is simple! First log in to your verified account and then:
- Open the “Finance” section in the left menu bar and click on the “Withdraw” button.
- Select your preferred withdrawal method – bank wire, e-wallet or cryptocurrency
- Enter the amount you want to withdraw in USD
- Confirm your withdrawal details, such as your account number or e-wallet address.
- Complete the creation of your application by following the instructions
Application processing time ranges from a few minutes to 24 hours. Sometimes this time can be extended by the payment system.
For example, for cards, it is up to 3-7 days. The minimum amount depends on the withdrawal method you choose. Usually it's about $10.
All profits can be withdrawn immediately after being earned.
For example, for cards, it is up to 3-7 days. The minimum amount depends on the withdrawal method you choose. Usually it's about $10.
All profits can be withdrawn immediately after being earned.
Conclusion: A Complete Trading Guide
Now you know better how to use Pocket Option. The benefits of the trading apps include a simplified and pleasant user interface, reliable indicators, signals and other features that make trading easy even for beginners. Additionally, Pocket Option trading program offers a demo account with no real money so you can get started and learn the basics of trading. If you have not yet registered on the platform, do so now! After you sign up, you get access to a demonstration account and a live account with a minimum deposit of $5.00.
Broker provides a complete binary options trading software accessible directly from your web browser. This guide provides step-by-step instructions on:
With free registration, a minimum deposit of $5, an unlimited free demo account and competitive payouts, it is a great choice for both beginners and experienced traders. Follow this guide and you'll start making profitable binary options trades in no time!
- Creating and verifying your trading account
- Secure deposits in multiple ways
- Using an intuitive binary options trading platform
- Applying effective trading strategies to achieve better results
- How to deposit or withdraw funds
With free registration, a minimum deposit of $5, an unlimited free demo account and competitive payouts, it is a great choice for both beginners and experienced traders. Follow this guide and you'll start making profitable binary options trades in no time!
FAQ
Digital options are one of the main trade types on platforms. To trade them:
- Choose Digital for the trade type.
- Pick your asset and enter the investment amount.
- Select expiry time from 5 sec to 4 hours
- Specify the strike price at which the transaction will be opened.
- Click Higher or Lower based on price direction prediction
- Wait for expiration. If the prediction is correct, get a payout!
60-second expiries are ideal for short-term price action trading. Simply:
- Pick a volatile asset like forex pairs or commodities
- Choose 60 seconds as the expiration time
- Analyze charts to predict movement in the next minute
- Enter Call/Put trade accordingly
- The option expires in 60 seconds. Make a profit if the forecast is correct!
The Pocket Option trade size is just $1 or more. This low limit allows you to make more trades with less capital and diversify your risk across multiple positions.
Yes, the company provides a free unlimited practice account with $10,000 balance. Switch to demo mode to test strategies risk-free before live trading.
Yes, trading binary options does carry financial risk. You can lose your investment on trades if your market prediction is incorrect at expiration. Manage risk properly and use the demo account to build skills.