pocketoptions.com Reviews 107

TrustScore 1 out of 5

1.2

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Rated 1 out of 5 stars

Pocket option are big scammers, save your money, they have scammers copiers with different names, Manish Bhati and others they show fake profits history, once you start copy with them after a few... See more

Rated 1 out of 5 stars

----Please stay away from pocket option. they are dangerous scammer on market. They use an algorith to make you lose all the time. onece you click buy or sell bottom. the algorithm will be triggered... See more

Rated 1 out of 5 stars

SCAMMERS - If your money enter this platform they would never allow you to withdraw it they find excuses upon excuses of not paying allowing you to withdraw.They are the BIGGEST THIEVES OF ALL TIM... See more

Rated 1 out of 5 stars

scammers you can not make stable icome its better to use a different broker avoid them please guys its a nightmare if you think its a joke try trading with them you gonna regret it and soon be writing... See more

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TrustScore 1 out of 5

107 reviews

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Rated 1 out of 5 stars

ONLY REVIEW YOU NEED ON POCKET OPTION

There are so many things wrong I barely know where to start, if you are thinking about using pocket option as a trading platform I highly suggest you reconsider before you fall into the trap so many others including myself did

1. DECEPTIVE PRACTICES

Pocket option as a business profits off of their users losing, however they deceptively try to make it seem as if they make money when traders win, it does not take very much to realize this is a complete lie and does not make any sense in any way shape or form, pocket option offers payouts of up to 92% for a correct high/low trade, and claims that the 8% difference from 100 is what they make money off, which in the realm of trading is just complete nonsense, this would have to mean that in any instance picking the direction of higher or lower would yield 100% gains which is doesn’t, you don’t automatically double your money just from picking the direction, this is the service that pocket option provides, they pay you out if you pick the correct direction but only 92% however they don’t profit off that 8% what they truly profit off of is when you lose a trade they pocket 100% of your trade loss as profit, the 8% difference is what would be referred to as a “house edge” in a sense, see pocket option does not actually want you to win as then they lose money. You as the customer deposit money onto the site if you trade and win more than you deposited and then withdrawal, pocket option is the one who pays out your withdrawal and in exchange loses money as a result, but when you deposit money and lose never making a withdrawal that money stays with them, this is due to the fact that with binary options your money is never actually injected into the market or any sort of liquidity as volume, the market is help is reserve liquidity by pocket options own chided liquidity providers, meaning the control and volume within the charts is always under control of pocket option and their liquidity providers, which leads me to my next point
2. MANIPULATED CHARTS

Pocket option most definitely plays a role in creating losses among traders in order to profit further, with me mentioning the reserve liquidity, it makes sense that pocket option would have their own trading algorithm wirhin the liquidity pool that can sell and buy the asset in order to create what would seem like organic market movements, however there is an astronomically high number of instances among thousands of traders where it will not matter what direction you bet, the moment you place your trade in a direction it will move against you or have trades close 1 pt off after a rapid move closing exactly 1 pt off your trade within the last second, I myself have places 4 hour trades both up and down with milliseconds of time difference between the placement of the trades, only to have the trades place 2pts apart from each other with a 1pt gap that would cause a loss on both, and after 4 hours of market movement miraculously the trade closed within that 1pt gap to close both trades at a loss, which some could argue this is simply a coincidence within markets however the odds of something like this happening in a normal organic functioning market would be lower then winning the lottery multiple times, and I have had many examples where both directions close at a loss, on top of all of this if you turn on the live signals feature you will be met with hundreds of fake signals and numbers representing how many times the trade was copied, every single one of these numbers is fake, you can simply turn on the chart social trading which shows each trade placed and see how the copied numbers go up much higher than the amount of actual trades placed within an asset, even the traders in the charts social trading are suspicious as many of them have new basic accounts and only place $1 trades which is likely pocket option bots on multiple account placing binary trades to further alter the algorithms interpretation of a chart to achieve more losses, the game is simple for them, if there is more money to make by causing losses in a specific direction, the price will move in that direction, any time you bring anything up about the deceptive actions of pocket option they will instantly and permanently ban you from all chats, I got a moderator to admit pocket option makes losses only for all their chats to be deleted afterwards and me banned from public chat for 10 full years as a result

3. Affiliate and fake reviews

The only real winners are the affiliates who make insanely high % off specifically the losses of referred users, as is this how pocket option measures profit, (pocket option profit = customer total deposits - customer total withdrawals) so theyhope you lose your money, they give you all sorts of misguided lessons and bonuses for those who leave 5 star reviews to try and make themselves seem legit

November 24, 2024
Unprompted review
Rated 1 out of 5 stars

Stay Away... Super High pressure FOMO to get you onbaord with tons of deadlines clear indication of scam

After some deep digging around. They have super high pressure to get you on board with tons of deadlines which is a clear indication of a scam. If they are so successful why all the pressure, it shouldn't matter. They sent me a message every 5 minutes, with FOMO and near shaming because I wasn't acting.

Read all the rest of the reviews in Trust Pilot. They don't let you withdraw until verified which could take days or never from other reviews. They also can hold withdrawals for several weeks not just days per their fine print in docs. The Simon Trader Telegram channel is the main pusher of PocketOptions and a clone called Quotex.

September 11, 2024
Unprompted review
Rated 1 out of 5 stars

affiliate program

i jouned their affiliate program and noticed my referals are not tracking properly. i have over 100 code uses and over 600 people clocked on my link yet the program only tracked 1 person and since i dont have 5 FTD i cant even withdraw the funds. i tried asking about it but the support is acting clueless about my funds not tracking. i think this program as a whole is a scam

September 2, 2024
Unprompted review
Rated 5 out of 5 stars

👍💯🔥👌

The support has been very helpful with sorting out issues over the past 2 years I’ve been acquainted with them. Great overall experience, with an intuitive system.

September 10, 2024
Unprompted review
Rated 1 out of 5 stars

Declined withdrawal verification.(Scam attitude)

Declined withdrawal verification.
I have sent them a ton of photos with my 🆔 id but the kept declining. This was not so when I deposited, shy is it now? They said my image wasn't completely clear which I understood, I decided to do another one but they declined. Saying that my arms and hands are not showing properly. Like that in the world is this. I think they're more interested in receiving your deposit than payouts. And that's a scam

September 5, 2024
Unprompted review
Rated 1 out of 5 stars

Pocket Option is A Scam

Pocket Option is A Scam
Listen to me , this is 2024
They are scammers
They gave me 100% BONUS to trade because I have been trading with them since and they gave me a high net turn over that if I get to $28k net turn over they would give me the whole bonus

I spent 2 months trying to get to that turn over
I was at $22k
Almost $28k

They sent someone from another country to login to my acct and use all the money to trade and lost it

At first I didn't believe it was them , how I knew it was them was when I complained to support and it wasn't up to 12 hours they blocked my acct
Now it was confirmed that pocket Option was the one that scammed me

Maybe they didn't expect me to get to the net turnover and withdraw all

September 4, 2024
Unprompted review
Rated 1 out of 5 stars

I cannot withdraw my funds….

I cannot withdraw my funds….

I don’t recommend Pocket Option to anyone, they make it impossible to withdraw to your Bank Card or Bank account and only withdraw to Crypto Wallet. This is a scam.
They expect us to believe that their bank can not “Refund” or withdraws can not be done to our “Region”
Never again with them.
I will file a complain against them in Dubai Regulation Authority and i’m sure they will face consequences for scamming people.
They will never tell you this before deposit.

February 28, 2024
Unprompted review
Rated 1 out of 5 stars

Pocket Option is a scam

Pocket Option is a scam. They make profitable trades disappear from the Open Trades section and let them re-appear in the Closed section as a draw. They blocked my trades and reduce the interest pay-out to stop me making profits.
Do not trade with Pocket Option.
They pretend to be reputable but they are scammers who are bent on cheating you out of your hard earned money.
When I complained about their malpractices they pretend that nothing wrong happened.

July 24, 2023
Unprompted review
Rated 5 out of 5 stars

Pocket Options is the best broker on…

Pocket Options is the best broker on the market hands down!! If you follow their rules and policies you will never have a problem...every withdrawal I have done comes less then 12 hours sometimes within mins! The website is very user friendly and colorful. Pocket Options has been around sense 2017 so they must be doing something right.

July 10, 2023
Unprompted review
Rated 4 out of 5 stars

P O trader

I love pocket options I’ve been a member for a while and I love the new changes to the platform it makes for better trading !

November 7, 2022
Unprompted review
Rated 5 out of 5 stars

Pocket option is one of the top quality…

Pocket option is one of the top quality trading platform for real because it supports almost of all trading and analytical indicators that guide the trader to place a trade at the right moment. I highly recommend p.o for stock market trading and beyond. My expirence at least is very pleasant with p.o not to forget the highly reliable and quick response that the customer service provide. Finally risks are always there in the world of trading... manage your capital first. Regard p.o ✌️

November 3, 2022
Unprompted review
Rated 5 out of 5 stars

The best broker for trading

The best broker for trading. I have been with them for a year now and I have no problem at all... they are honest broker, my withdrawals are paid within 2 hours. Very happy about them. They still try to make platform better, support is fast and they even put some new trading pairs into the platform... They are amazing. Keep doing your great work, Pocket Option team :)

September 20, 2022
Unprompted review

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