Pocket Option Malaysia Review
Pocket Option Malaysia Introduction
Pocket Options accepts traders from Malaysia and offers its award-winning trading platform. It was Founded in 2017 and registered in the Marshall Islands, it is fair to say that the pocket option is already crowded, and new to the binary options market. However, being controlled by IFMRRC and having easy access, to high-quality sites, and trading platforms makes Pocket Options a fresh and innovative broker. It’s arguably the best demo account available today, and with many other excellent account features, it’s a thumbs-up for pocket options. In this article, Pocket Option Malaysia Review, we will learn more about the platform’s features and things that you need to know.
The availability of over 100 top assets for trading allows you to make huge profits. In addition, their sites and platforms are clean and user-friendly, so this is a real advantage if you are new to trading. Accessing the demo account is the easiest thing we’ve ever seen. It’s one click and you’re trading with $10,000 in virtual cash. Minimal trades start at just $1, and the minimum deposit requirement is $50, so they are making themselves accessible to traders at all levels.
How to Get Started with Pocket Option Malaysia
If you are a Malaysian resident and interested in trading with Pocket Option, here are some steps to get started:
1. Create an Account: The first step is to create an account on the Pocket Option website. You can do this by visiting the official website and clicking on the “Sign Up” button. Fill in the required details, such as your name, email address, and phone number.
2. Verify Your Account: Once you have created an account, you need to verify it by submitting your identity proof and address proof documents. This is a mandatory step to comply with the regulatory requirements.
3. Make a Deposit: To start trading, you need to deposit funds into your account. Pocket Option supports various payment methods, including credit/debit cards, e-wallets, and bank transfers. Choose the method that suits you and deposit the desired amount.
4. Choose an Asset: Pocket Option offers a wide range of assets to trade, including currencies, stocks, commodities, and cryptocurrencies. Choose an asset that you are familiar with and have a good understanding of its price movements.
5. Place a Trade: After selecting an asset, you need to decide whether its price will go up or down. If you think the price will rise, select the “Call” option, and if you think it will fall, select the “Put” option. Enter the amount you want to invest and click on the “Trade” button.
6. Monitor Your Trade: Once you have placed a trade, you need to monitor its progress. Pocket Option offers real-time charts and indicators to help you analyze market trends and make informed decisions.
7. Withdraw Your Profits: If your trade is successful, you can withdraw your profits using the same payment method you used to deposit. Pocket Option has a minimum withdrawal limit of $10, and the processing time may vary depending on the payment method.
Free Demo Trading Account
Pocket Option Malaysia Review – Account Types
Pocket Option offers a range of account types for traders in Malaysia to choose from, depending on their trading needs and experience. These account types include:
1. Demo Account
Pocket Option’s demo account provides new traders with an opportunity to practice trading without risking their money. The demo account comes with virtual funds that can be used to place trades and test different trading strategies.
2. Standard Account
Pocket Option’s standard account is designed for beginner traders who are just starting in the world of trading. The minimum deposit for this account type is $50, and traders can access a range of trading instruments, including forex, commodities, and cryptocurrencies.
3. VIP Account
The VIP account is designed for experienced traders who want to take their trading to the next level. This account type requires a minimum deposit of $1,000 and comes with additional features, such as higher payouts, faster withdrawals, and access to exclusive trading tools.
4. Pro Account
The Pro account is suitable for professional traders who require advanced trading tools and features. The minimum deposit required for this account type is $5,000, and traders can access additional trading instruments such as stocks and indices.
5. Elite Account
The Elite account is the top-tier account type offered by Pocket Option, designed for high net worth individuals and institutional traders. This account type requires a minimum deposit of $10,000 and offers the highest payouts, fastest withdrawals, and access to exclusive trading tools and resources.
Overall, Pocket Option offers a range of account types to accommodate the needs of traders in Malaysia, from beginners to professionals, with varying levels of experience and trading requirements.
Trading Assets
Pocket Option Malaysia offers a wide range of trading assets to its users. These assets include commodities, currencies, cryptocurrencies, stocks, and indices.
Commodities: Pocket Option Malaysia provides its users with access to popular commodities such as gold, silver, oil, and natural gas. These commodities are traded on global markets and can be affected by a variety of factors such as supply and demand, geopolitical events, and economic indicators.
Currencies: Pocket Option Malaysia offers currency trading in pairs such as EUR/USD, GBP/USD, and USD/JPY. The currency markets are the most liquid and volatile markets in the world, and traders can take advantage of this volatility to make profits.
Cryptocurrencies: Pocket Option Malaysia allows users to trade cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Cryptocurrencies are decentralized digital assets that are not subject to government or financial institution control. They are highly volatile and can be affected by a range of factors such as regulatory changes, adoption rates, and security concerns.
Stocks: Pocket Option Malaysia users can trade stocks of popular companies such as Apple, Amazon, and Google. Stocks are affected by a range of factors such as company earnings, news events, and global economic conditions.
Indices: Pocket Option Malaysia offers trading in indices such as the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite. These indices are baskets of stocks that represent the performance of the stock market as a whole.
In summary, Pocket Option Malaysia provides its users with access to a wide range of trading assets across different markets. This allows traders to diversify their portfolios and take advantage of different market conditions to make profits.
Commissions & Fees
One of the key advantages of using Pocket Option is that it charges low commissions and fees, making it an affordable choice for traders of all levels.
In terms of commissions, Pocket Option charges a fixed commission for each trade made by its users. The commission varies depending on the type of asset being traded and the amount of the trade. For example, for binary options, the commission ranges from 1.5% to 2.5% of the trade amount, while for forex, the commission ranges from 0.1% to 0.5% of the trade amount.
In addition to commissions, Pocket Option also charges fees for certain services, such as withdrawals and deposits. However, these fees are also relatively low compared to other online trading platforms. For example, the withdrawal fee for most payment methods is only 1%, while the deposit fee is 0%.
Overall, Pocket Option is a great option for traders in Malaysia who are looking for a reliable and affordable trading platform. Its low commissions and fees make it an attractive choice for both beginner and experienced traders.
Deposit & Withdrawal
Pocket Option Malaysia offers a range of deposit and withdrawal options for its traders. These options are designed to provide traders with the flexibility and convenience they need to manage their trading accounts.
Deposits
Traders can make deposits with a variety of payment methods, including credit/debit cards, e-wallets, and cryptocurrencies. The minimum deposit amount is $50.
Credit/Debit Cards: Pocket Option Malaysia accepts deposits made with Visa and Mastercard. Deposits made with credit/debit cards are processed instantly.
E-wallets: Traders can also make deposits with e-wallets such as Skrill, Neteller, and WebMoney. Deposits made with e-wallets are processed instantly.
Cryptocurrencies: Traders can make deposits with cryptocurrencies such as Bitcoin, Litecoin, and Ethereum. Deposits made with cryptocurrencies are processed instantly.
Withdrawals
Traders can withdraw their funds using the same payment method they used to make their deposits. The minimum withdrawal amount is $10.
Credit/Debit Cards: Withdrawals made with credit/debit cards are processed within 3-5 business days.
E-wallets: Withdrawals made with e-wallets are processed instantly.
Cryptocurrencies: Withdrawals made with cryptocurrencies are processed within 24 hours.
Note: Withdrawals may be subject to fees depending on the payment method used. It is important to check the fees associated with each payment method before making a withdrawal.
Trading Platforms & Mobile Apps
Pocket Option is a popular binary options trading platform that has gained immense popularity in Malaysia. Pocket Option Malaysia provides traders with a range of trading platforms and mobile apps that cater to their trading needs.
The platform offers a web-based trading platform that can be accessed through any internet-enabled device. Traders can access the platform from their desktop, laptop, or mobile device, making it easy to trade on-the-go. The platform is user-friendly and provides traders with a range of trading tools and features to help them make informed trading decisions.
Pocket Option also offers mobile trading apps for iOS and Android devices. The mobile apps are designed to provide traders with a seamless trading experience on their mobile devices. The apps are easy to use and provide traders with access to the same range of trading tools and features available on the web-based platform.
One of the key features of Pocket Option Malaysia is its demo account. The demo account is a risk-free way for traders to practice trading without risking their own funds. The demo account is available on both the web-based platform and the mobile apps, allowing traders to practice trading no matter where they are.
Pocket Option Malaysia Review – Traders’ Tools
Pocket Option is a binary options trading platform that offers a wide range of trading tools for traders in Malaysia. These tools are designed to help traders make informed trading decisions and maximize their profits. Some of the key tools available to Pocket Option Malaysia traders include:
1. Trading signals: Pocket Option provides traders with trading signals that are generated by sophisticated algorithms. These signals are based on technical analysis of market trends and can help traders identify profitable trading opportunities.
2. Economic calendar: An economic calendar is an essential tool for traders who want to stay informed about important economic events that can impact the markets. Pocket Option’s economic calendar provides traders with real-time updates on key economic indicators such as GDP, inflation, and employment data.
3. Trading indicators: Pocket Option offers a wide range of trading indicators that can help traders analyze market trends and make informed trading decisions. These indicators include moving averages, Bollinger Bands, RSI, and MACD.
4. Trading bots: Pocket Option also offers trading bots that can automate trades based on predefined trading strategies. These bots are designed to help traders maximize profits by taking advantage of market trends and price movements.
5. Educational resources: Pocket Option provides traders with a range of educational resources, including webinars, tutorials, and e-books. These resources are designed to help traders improve their trading skills and stay informed about market trends and developments.
Overall, Pocket Option Malaysia traders have access to a comprehensive set of trading tools that can help them make informed trading decisions and maximize their profits. With its user-friendly platform and extensive range of features, Pocket Option is an excellent choice for traders in Malaysia who want to trade binary options online.
Special Features
A standout feature of Pocket Options is the ability to use social trading. Social trading is a system where you can monitor the successful trades of Malaysian traders and then copy and mirror them. This social trading economy makes trading more accessible for beginners before they try to make their own decisions.
Other notable features include tournaments, achievements, and more. Tournaments give competing traders the perfect opportunity to pitch themselves against others and test their skills. Of course, if you succeed, you can expect to win some fantastic prizes. We’ve seen over $ 50,000 in prize money. Notice a subject; Pocket Options does not currently offer Forex trading of the current pair.
Achievements allow you to praise your trading success and gain trading benefits. This includes benefits ranging from a percentage bonus to free trading capital.
Education & Customer Support
Pocket Option Malaysia is a popular trading platform that offers a comprehensive range of trading options to its clients. The platform is known for its user-friendly interface, advanced trading tools, and exceptional customer support. In addition, Pocket Option Malaysia provides a wealth of educational resources to help traders improve their strategies and maximize their profits.
The educational resources available on Pocket Option Malaysia include video tutorials, webinars, eBooks, and articles. These resources cover a wide range of topics, from basic trading concepts to advanced strategies. Traders can learn about technical analysis, fundamental analysis, risk management, and trading psychology. They can also access market news and analysis to stay up-to-date on the latest trends and developments in the financial markets.
One of the key features of Pocket Option Malaysia is its exceptional customer support. The platform offers 24/7 customer support via live chat, email, and phone. Traders can get help with any issues they may encounter while using the platform, from technical problems to account management. The support team is highly trained and knowledgeable, and they are committed to providing fast and efficient assistance to all traders.
We want to help our traders in any way we can, but sometimes it’s best to talk directly to your investment site to get the answers you need. For example, if you have a specific question about your account, you need to contact them personally for security reasons.
Alternatively, if you find that contacting your broker is not working, you can contact us. We will be more than happy to try our best. We have excellent working relationships with many of the sites we list and recommend.
- Phone: +44 0800 088 5535
- Email: support@pocketoption.com
- Address: Gembell Limited, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands
Overall, Pocket Option Malaysia is an excellent choice for traders who are looking for a reliable and user-friendly trading platform with a wealth of educational resources and exceptional customer support. Whether you are a beginner or an experienced trader, Pocket Option Malaysia has everything you need to succeed in the financial markets.
Pros & Cons
Pocket Option is a popular binary options trading platform that is available in Malaysia. As with any trading platform, there are pros and cons to using Pocket Option.
Pros:
1. User-friendly interface: Pocket Option is designed to be easy to use for both experienced and beginner traders. The platform is easy to navigate and offers a range of trading tools and indicators.
2. Demo account: Pocket Option offers a demo account to allow traders to practice trading before committing real funds. This is a great way for beginners to learn the ropes and for experienced traders to test their strategies.
3. Wide range of assets: Pocket Option offers a wide range of assets to trade, including currencies, stocks, commodities, and cryptocurrencies. This gives traders plenty of options to diversify their portfolios.
4. Fast withdrawals: Pocket Option offers fast and reliable withdrawals, with most withdrawals processed within 24 hours.
Cons:
1. Limited regulation: Pocket Option is not regulated by any major financial regulatory authorities, which may be a concern for some traders.
2. Limited educational resources: While Pocket Option offers a demo account, there are limited educational resources available on the platform. Traders may need to seek out additional resources to learn more about trading strategies and techniques.
3. High minimum deposit: Pocket Option requires a minimum deposit of $50 to start trading, which may be a significant barrier for some traders.
4. Limited customer support: Customer support on Pocket Option is limited to email and live chat, which may not be sufficient for some traders who require more personalized support.
Overall, Pocket Option is a user-friendly trading platform that offers a wide range of assets and fast withdrawals. However, the platform’s limited regulation and educational resources, high minimum deposit, and limited customer support may be drawbacks for some traders.
Is Pocket Option in Malaysia a Legitimate Binary Options Broker?
Pocket Option is a binary options broker that operates in Malaysia. The question of whether Pocket Option is a legitimate broker in Malaysia is a valid one, as the industry has had its fair share of scams and fraudulent brokers in the past.
To determine if Pocket Option is a legitimate binary options broker in Malaysia, it is important to consider several factors. Firstly, the broker should be registered and regulated by a reputable financial authority. This ensures that the broker operates within a set of guidelines and regulations that aim to protect traders from fraud and malpractice.
Pocket Option is registered and regulated by the International Financial Market Relations Regulation Center (IFMRRC). The IFMRRC is a non-commercial regulatory body that focuses on regulating the financial markets and ensuring that brokers operate in a transparent and fair manner. Although the IFMRRC is not a top-tier regulatory body, it does provide some level of oversight and protection for traders.
In addition to regulatory oversight, Pocket Option also offers a range of features and services that are indicative of a legitimate binary options broker. These include a user-friendly trading platform, a variety of trading instruments, educational resources, and responsive customer support.
Overall, based on the available information, it appears that Pocket Option is a legitimate binary options broker in Malaysia. However, as with any investment, it is important to conduct thorough research and due diligence before investing your money. This includes researching the broker’s reputation, reading reviews from other traders, and understanding the risks involved with trading binary options.
Pocket Option Malaysia Review – Conclusion
In this Pocket Option Malaysia Review, we can conclude that the Pocket Option is a reliable and user-friendly trading platform for Malaysian traders who are looking for a simple and straightforward trading experience. Its unique features, such as social trading and trading tournaments, provide traders with opportunities to learn and earn more. Additionally, the availability of a demo account and a mobile app makes trading more accessible and convenient. However, it is important to note that trading involves risks and traders should always practice responsible trading. Overall, Pocket Option is a great choice for traders who are new to trading or those who prefer a simple and easy-to-use platform.
Is Pocket Option legit?
They have a certificate from the IMFRRC and great feedback from Malaysian traders. In addition, their site uses a secure payment system for those traders.
Do they have a mobile or tablet app?
Yes, they do. Pocket Option offers a mobile trading app for download on both Android and iOS.
What bonus do they offer new traders?
The bonus is provided as a limited offer. Unfortunately, we do not know when this will change or remove.
What’s the minimum deposit and trade amount?
A minimum deposit of $ 50 is required to open a live account, which is very low compared to most brokers. You can trade on live platforms for as little as $1 per trade.
Can I start trading with a demo account?
Yes, this is a powerful feature of the pocket option. Just click and trade.