How Pocket Option Works: A Complete Beginner’s Guide

Pocket Option is one of the most popular platforms for younger traders, especially ones trading from their tablets or phones (hence the ‘Pocket’ part of the name). It simplifies the financial markets and focuses on high-frequency, shorter-term trades. If you’ve never traded this way, here’s what you should know:

The core concept of “Quick Trading”

At its heart, Pocket Option is a platform for the so-called “Quick Trading“. You are not buying an asset (like Gold, Nvidia stock, or Bitcoin) to own it. You are simply choosing whether its price will be higher, or lower, than current price, after a predetermined amount of time.

Every trade has a fixed deadline, called Expiration Time. That time could be as short as thirty seconds, or as long as five minutes. If your prediction is correct, then, when the time runs out, you get a fixed profit (e.g., +92% to the traded amount, this is called ‘The Payout’ ). If you are wrong, you lose all the funds spent for the initial trade.

This trading mode is more fun and engaging, and much simpler than regular options trading, which is why it attracted so many new users. It is perfect for phones or as an entry into the markets. Many traders report it being simpler to use, and more fun.

Much of the profits depend on the payout percentage. 92% is the maximum amount on offer, but there are assets with much lower percentages. Normally, you should not trade assets with payouts below 70%, unless you have some edge and know their market dynamics. Otherwise, the risk might be too high, and not worth the reward.

Platform features

Pocket Option includes lots of extra features beyond the Quick Trading mode:

• Shares trading and forex trading (through MT4/MT5), which require completely different skillsets.
• Trading signals, driven by AI, that give real-time market highlights, and analyze potential trades. These can help identify opportunities quickly.
• Copytrading: traders can select the best traders to follow through a leaderboard, chat, or any other connections. Users can click on a trader’s profile to see their stats, and choose to automatically mirror any trades they will make, with a chosen trade size. These copied trades don’t cost anything extra for the user, but might lead to much greater gains, especially for newer traders. This feature lets beginners earn alongside pros.
• Tournaments, which are present even on demo accounts. Some of these allow traders to earn real money.
• Bonuses and rewards. Some of these include 30-50% first deposit bonuses, and various incentives for newer traders. Pocket Option makes it very easy and lucrative to start.

Registration and placing your first trade

To start, visit the official Pocket Option website (https://pocketoption.com/) or download and install their app. Create an account, choose an appropriate account currency for you (USD, EUR, etc).

The best approach is to start on a demo account. It is free and instant. As soon as you log in, you get $50,000 in virtual cash, to trade in any mode as you desire. Demo works exactly like the real platform: same assets, charts, indicators, and expiry times. Except you have no chance of losing your own money, so it’s risk-free (but all profits are also, similarly, illusional). This is the best way to test your strategies and get familiarized with the system.

When you are in a demo-trading mode, choose the mode you want to trade in (“Quick Trading”, “Shares”, or “Forex Trading”), and you can freely place trades, experimenting as much as you want.

Only after you’ve been successful in the demo trading mode for at least a few weeks, if not months, is it advisable to deposit real money.

By following these steps and exploring its tools, a beginner can quickly get comfortable with Pocket Option. Start opening trades on the demo account, and learning the features of the platform, one by one. The AI signals, the ‘Safe’, the crystals, pending orders, express trades, hotkeys. These all can come one at a time.