Abstract: Pocket Option claimed it would allow you to “turn $1 into $1000 in 15 minutes. Is it true?
About Pocket Option
Pocket Option is the name of the online forex and CFD broker, Gembell Limited. This broker was founded in 2017 and registered in the Marshall Islands that claims to provide its clients with various tradable financial instruments on the web-based trading platform via 7 user levels. The registered address of this broker is Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960. In addition, the platform also offers cryptocurrency services, which already cover many parts of Asia.
Regulation
According to WikiFX, this broker does not have a regulatory license.WikiFX has given this broker a low score of 1.47/10. We do not advise traders to invest in a broker that is not regulated. Thus, the risk of losing money is obvious.
Turn $1 Into $1000 In 15 Minutes
Pocket Option has been pushing its trading strategy hard recently. It launched a so-called New Binary Options Trading Strategy. It claimed people can significantly enhance trading results in a short period. For example, by investing $1, the trader can get $1000 in 15 minutes. However, is it reliable?
A lot of Exposures
As of April 13, 2023, WikiFX has received up to 10 complaints against this broker.
Many people think this broker is a scam as they lost control of their money and cannot withdraw from their accounts. We need you to be aware of this shortage that this broker has.
Conclusion
WikiFX keeps track of developments, providing instant updates on individual traders and helping investors avoid unscrupulous brokers. If you want to know whether a broker is safe or not, be sure to open WikiFXs official website (https://www.WikiFX.com/en) or download the WikiFX APP through this link (https://www.wikifx.com/en/download.html) to evaluate the safety and reliability of this broker!
The Japanese yen failed to create a miracle in 2024, continuing its four-year decline against the US dollar. Does the yen still retain its safe-haven properties? Will the interest rate differential between the US and Japan narrow?
Founded in 1992, Saxo is a Danish investment bank that offers a wide range of investment products (stocks, ETFs, bonds, mutual funds, crypto ETPs) and leveraged products (options, futures, forex, forex options, crypto FX, CFDs, commodities). In today’s article, we will show you what it looks like in 2025.
The Federal Reserve has implemented multiple interest rate cuts in 2024, bringing the rate to a range of 4.25%-4.5% by the end of the year. However, whether the Fed will continue cutting rates or shift to rate hikes in 2025 remains uncertain. The Fed's policy direction depends not only on economic data but also on internal adjustments, the policy direction of the new president, and other factors.
HYCM is an online broker offering a wide variety of market instruments. WikiFX reviewed HYCM a few years ago. However, we wonder if this broker is still reliable in 2024 and the coming 2025. WikiFX has made a comprehension review of this broker to help you better understand the truth.