Pocket Option Bot Review

Quotex is a legally registered binary options broker located in the Seychelles, but not regulated by any government agency.

What is the Pocket Option rule ? The withdrawal, refund, compensation, and other payments carried out from the Client's account can only be made using the same account (bank, or payment card) that was used to deposit the funds Pocket Option Day Off Tournament . Withdrawal from the Account may be carried out only in the same currency in which the corresponding deposit was made.

How long does it take for a Pocket Option to pay? In case of using electronic payment methods, the transaction time can vary from seconds to days. In case of using direct bank wire, the transaction time can be from 3 up to 45 business days.

Is Pocket Option real or fake ? Pocket Option has a mixed reputation Pocket Option Card Not Supported . While it has a large user base and positive reviews from some traders, there have also been reports of withdrawal delays, account freezes, and issues with customer support . Some traders have also expressed concerns about the platform's legitimacy and potential scams.

What documents are needed for Pocket Option address verification? Acceptable documents include bank statements, address certificates, or utility bills not older than three months. Ensure the uploaded documents are clear, colored, and unedited. Bank card verification. If you intend to withdraw funds using a card, Pocket Option will request card verification.

On the plus side, the broker is a member of the IFMRRC, a non-commercial dispute resolution organisation.

Introduction Pocket Option Bot Review

Quotex accepts clients from all over the world, excluding most countries from the FATF grey list and those where trading is prohibited.

Distinctive features

Simple registration and verification process.
Various binary options available for trading.
Own trading signals provided for the clients.
Cryptocurrency funding accepted.

Trading instruments

Binary options offers the following underlying assets for trading.

25+ Currency Pairs	Based on major and minor world currencies.
4 Crypto BOs	Based on Bitcoin, Ethereum, Litecoin, Ripple.
15 Indice BOs	Based on baskets of different blue-chip stocks.
2 Metal BOs	Based on Gold and Silver.
2 Energy BOs	Based on Crude Oil (WTI, Brent).

Comprehensive review

Set up as recently as in 2019 and registered in the Seychelles, Quotex is an offshore and unregulated binary options broker that serves clients from around the world. The broker offers a range of underlying assets for trading, covering asset classes such as crypto, stock indices, forex, and commodities.

Perhaps the most striking thing about Quotex is how easy it is to use its binary options trading platform. The Quotex platform can be learned by anyone in essentially no time, makes it easy to look up any tradable asset, and comes with a decent selection of drawing tools for chart analysis.

A nice thing to note about the Quotex binary platform is also that it is entirely web-based, which means that it can be used on any type of computer regardless of the operating system. Meanwhile, traditional desktop-based trading platforms like MetaTrader 4 & 5 are not supported by this broker.

Being an offshore-registered broker, Quotex makes it easier than many “onshore” and regulated brokers to sign up as a new user and get an account verified. However, it is still necessary to provide some documentation for this process to complete. Among the documents that the broker says may be requested from new clients are a color copy of the passport (picture page), a selfie, and a proof of the user’s residential address.

With the exception of Germany, users from all European countries are welcome to sign up with Quotex. In Asia, residents of most countries except Hong Kong are also welcome. Unfortunately, residents of the US and Canada are not accepted as clients by Quotex.

As is common with offshore brokers, Quotex accepts deposits in a range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Zcash (ZEC), Litecoin (LTC), Ripple (XRP), and the stablecoin Tether (USDT). In addition to crypto, deposits can also be made with Visa, MasterCard, and electronic payment services like Advcash and Perfect Money. Also, keep in mind that withdrawals can only be made via the same method as was used for the deposit. The broker processes all withdrawal requests within 3 business days.

As far as customer service goes, Quotex can be reached via email or an online contact form. Neither any phone numbers nor live chat options are available on the broker’s website, which we believe is a bit unfortunate for a broker that wants to establish a strong reputation. It is perhaps especially important for a new binary options broker like Quotex to be transparent and easy to reach for users, given how many stories there are of traders running into difficulties when trading binary options with offshore-registered brokers.

In all, we are of the impression that Quotex has what it takes to become a successful binary options broker, although there is still some room for improvement on the customer support side. The broker’s platform is modern and intuitive, making it easy to learn even for completely new traders. The choice of underlying assets is also more than good enough to accommodate most binary options traders, whether they are looking to trade crypto or the traditional financial markets.