Review of the Pocket Option trading platform
Due to the increased demand for binary options, the list of trading platforms is constantly evolving. New names appear, which subsequently occupy leading positions in the market. One of such platforms can be called Pocket Option. It appeared in 2017 and during its effective operation managed to occupy a significant place in the market. In this review you can find out how to make pocket option login to the platform, and what is needed for this .
Features of binary options
Today, about 10 million people from different countries work on the platform. And interest in it is constantly growing. What is this connected with? It's all about the functionality of the platform and its intuitive interface.
It should be noted that binary options trading is on a par with financial risks. According to statistics, most beginners lost assets at the start due to lack of trading skills and insufficient training.
Let's take a closer look at what binary options are. In simple terms, this concept means concluding a contract with risks and profits. Participants in trading are called traders. Their task is to predict the movement of the price of an asset for a specific time. If a trader makes a correct forecast, he will be able to make a profit. An incorrect forecast leads to financial losses.
Basic principles of binary options
- Clearly established time frames.
- Wide choice assets for trading.
- Work with a small capital.
If we consider the main advantages, we can note the opportunity to start trading with a small amount of assets, a convenient and simple trading platform, availability of fixed risks.
Platform reviewPocket Option
Let's take a closer look at the main characteristics of this trading platform. It was founded in 2017. The minimum deposit amount is $50. In this case, the trader can place a bet with a minimum size of $1. Topping up your balance is carried out in several ways - using a bank card, cryptocurrency or electronic wallet. Withdrawals occur within 1 to 3 days.
It is possible to open a demo account. 50 thousand virtual dollars will be available on it. By opening a demo account, you can learn how to trade on the stock exchange, developing your own strategy and not have any risks.