About Pocket Option
Binary options were once popular as traders know the potential profit even before opening trading positions . Many platforms and brokers claim that through binary options, they promised a huge return and a high ROI Pocket Option Signals Telegram Bot . This false advertising has caused significant losses among investors while the big bosses behind the scams remain unpunished . Why binary options turn out to be a scam?
How much time does a Pocket Option take to withdraw? The average time it takes for successful withdrawal from Pocket Option. Once your withdrawal request has been processed, the funds usually take 3 to 5 business days to reach your account. Your money must pass through a few payment processors and banks before it reaches its destination.
Is a Pocket subscription worth it? Pocket Premium gives you a beautiful, ad-free space to absorb stories at your own pace—and keep them for however long you'd like. You can capture ideas with unlimited highlighting, find exactly what you're looking for with Full-Text Search, quickly organize with Suggested Tags, and so much more.
According to CFTC, a binary option is a type of options contract in which the payout depends entirely on the outcome of a yes/no proposition and typically relates to whether the price of a particular asset will rise above or fall below a specified amount. Once the option is acquired, there is no further decision for the holder to make regarding the exercise of the binary option because binary options exercise automatically.
Unlike other types of options, a binary option does not give the holder the right to buy or sell the specified asset . When the binary option expires, the option holder receives either a pre-determined amount of cash or nothing at all Pocket Option Account Verification New Update . Unlike traditional instruments like forex, stocks, or futures, it does not require a trader to consider the range of a rise or fall.For example, if a trader bets EUR/USD will rise in an hour with an investment of USD 100, then he or she will get 70% return (USD 70) if the price goes as expected or lose USD 85 if the price goes the opposite way.
With a simple trading logic similar to gambling, binary options are often taken advantage by scammers. Read More Here