Pocket Option FX Trade

Note: Pocket Option FX Trade's official website: https://www.p-optionfx.com/ is currently inaccessible normally.

Pocket Option FX Trade Information

Pocket Option FX Trade used to operate in the United States but its website is currently unavailable. Since there are very limited information over the Internet as well, we are not sure if the company already ceased business. Moreover, the absence of regulation further exacerbates its credibility and legality.

Is Pocket Option FX Trade Legit?

The broker operates without any valid supervision from any regulatory authorities. It raises a question about its legitimacy and credibility because regulated brokers usually adhere to strict industry standards to protect customer funds.

Downsides of Pocket Option FX Trade

Unavailable website: Pocket Option FX Trade's website cannot be opened currently, preventing traders to get to know about its background.

Regulatory concerns: The company operates without any regulations, meanig that it does not comply to rules from any regulatory authorities. This heightens trading risks with them.

Lack of transparency: The limited transparency on trading conditions such as account details, spread, market instruments etc. can hinder traders from making informed decisions.

Accounts & Leverage & Payment Options

The only information we can get from the Internet is that Pocket Option FX Trade requires a minimum investment of $300, which is a little higher comparing to trustable brokers. Moreover, leverage is up to 1:200 and acceptable funding methods are Bitcoin, etherum and bank transfer.

Customer Support

Pocket Option FX Trade offers contact windows via email, phone and business address. But we are not sure if these methods are reachable or not.

Conclusion

In summary, Pocket Option FX Trade is not a recommended broker at all. Its operation without regulation implies less compliance to financial rules and unavailable website leaves no window for customer to know about the company. Furthermore, the lack of transparency on its line of services and trading conditions affects overall trading experience and trust in the platform. Therefore, staying far away from such possible scam brokers and turning to a regulated and reputable broker is a wiser choice.