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PocketOption Demo Account

PocketOption Demo Account

 

Yes PocketOption offers an advanced demo trading account in a zero-risk trading environment. Using the demo account, traders will be able to practice using both proprietary trading platform and MT5. PocketOption’s demo account is only valid for 30 days.

 

PocketOption at a glance

🔍 Broker’s namePocketOption
🏛️ HeadquartersRepublic of the Marshall Islands
📅 Year founded2017
⚖️ Regulating authoritiesFMRRC
📒 Demo accountYes
☪️ Islamic account (swap-free)Yes
✴️ Segregated accountsNo
👨🏼‍💼Managed accountsNo
🔣 Maximum leverage1:100
💰 Minimum depositR80 ZAR / $5
➕ Deposit optionsVisa
Airtel
Bank transfers
MTC
MTN
M-Pesa
VodaFone
ePayments
Tigo
MoMo Pay
Qiwi Wallet
Mastercard
Loterias
Link
And many more…
➖ Withdrawal optionsVisa
Airtel
Bank transfers
MTC
MTN
M-Pesa
VodaFone
ePayments
Tigo
MoMo Pay
Qiwi Wallet
Mastercard
Loterias
Link
And many more…
📊 Platform(s) providedMT5, proprietary platform
📶 OS compatibilityWindows, Mobile, Web, iPhone, iPad
PC and Mac OS, mobile for Android and IOS
🛍️ Tradable assets offeredCurrency pairs, commodities, cryptocurrency, OTC (currency, commodities, stocks)
💬 Languages supported on the websiteRussian, English, German, Chinese, Arabic, Italian and many more.
💬 Customer support languagesRussian, English, German, Chinese, Arabic, Italian and many more.
⏲️ Customer service hoursAround the clock 24/7.
👉 Open accountClick Here

 

Overall Rating

4.6/5

Rated #537 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

PocketOption Demo Account Review – 6 Key Point Quick Overview (2022):

 

How to set up a PocketOption Demo Account – Step by Step

A free demo account is available from PocketOption and can be opened using the following steps:

 

Step 1 – Go to PocketOption’s website

To begin, navigate to the official PocketOption website. On the top left corner, select “Menu.” A registration button will appear; please click it.

How to set up a PocketOption Demo Account step 1

 

Step 2 – Fill in the form

Enter the required information in the relevant fields (email, password, checking “Agreement,” and clicking “Sign up”).

How to set up a PocketOption Demo Account step 2

 

A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A forex demo account is also intended for beginners to get familiar with the various aspects of trading.

 

As such, a demo account will allow traders to learn how to place orders, managing existing trade positions as well as more advanced functions such as testing or fine tuning a trading strategy. If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.

 

PocketOption Demo Account Features

The only difference between the demo account and the real trading account is that the client is trading with fake money in the demo account. Everything is always the same, from the assets to the quotes to the trading indicators and signals.

 

The PocketOption demo account is a great way to get started, try out different ways to trade, and get used to managing fake money. The software is perfect for traders who are just starting out and want to get a feel for the market and learn how trading works.

 

Traders will be able to use the demo account to try out both the proprietary trading platform and MT5. Expert traders, on the other hand, can try out different strategies before putting real money on the line.

 

PocketOption Customer Reviews

PocketOption Customer Reviews

 

PO is safe and secure…

PO has provided me a safe and secure platform to trade on. Allowing me to use 2FA and to have fast and easy deposits and withdrawals. They offer extra services such as bot trading and copy trading. There also are extra educational tools to help you better your skill. If you are trading binary options I highly recommend you put PO on your possibility list! Raising Geniuses 11264140

Customer reviews Five stars

I have been able to withdraw about…

I have been able to withdraw about $2500 from this company, withdrawals are processed quickly as well. All these people complaining about the prices changing are likely mad about the OTC assets they offer on the weekend. From my understanding these are the interbank markets after hours, but it seems sketchy/ unreal and I wouldn’t recommend trading those. Trade only the real assets they show; they have some of the best rates and they have the pending trade option which is not common for binary options.

Customer reviews Five stars

Happy with this Platform

I started with these guys 6 months ago. I haven’t had any issue withdrawing any funds, plus the customer service has always been spot on. I have to admit when I first started I was ignorant of how to trade and made many mistakes, and yes lost some money. I didn’t blame the platform, I just educated myself and used strategy to improve my trading game. What I also like about this platform is the community support you get from people within, who have more experience than myself that helped me when I wasn’t sure about something. Another option they have is a Copy Trading, if you want to learn and earn this is a good option too. Just a quick note, Trading isn’t a get-rich-quick scheme, you can’t blame a platform for your mistakes.

Customer reviews Five stars

 

Overall Rating

4.6/5

Rated #537 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

PocketOption Pros and Cons

✔️ Pros❌ Cons
Demo account sign-up fully digitalDemo account expires after 30-days
MetaTrader 5 available
Proprietary trading platform available
High leverage
Wide selection of assets
Tight spreads
Relatively low trading fees

 

Conclusion

Yes PocketOption offers an advanced demo trading account in a zero-risk trading environment. Using the demo account, traders will be able to practice using both proprietary trading platform and MT5. PocketOption’s demo account is only valid for 30 days.

 

PocketOption is a popular binary options platform that also provides access to Forex trading and other popular asset classes. PocketOption provides a reliable proprietary trading platform as well as a competitive fee structure.

PocketOption Contact us

 

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You might also like: PocketOption Account types

 

Frequently Asked Questions

What is the difference between a demo and live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.

 

A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.

 

Does PocketOption offer a demo account?

Yes, PocketOption offers a demo account to all new traders.

 

For how long is the demo account valid?

The demo account is only valid for 30 days

 

Which live trading accounts does PocketOption offer?

  • Demo account
  • Novice trader
  • Beginner
  • Experienced
  • Master
  • Professional
  • Expert

 

What are the available deposit currencies for a live trading account?

  • EUR
  • USD

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

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