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Binary options — a yes/no position on a future market condition — can be traded on registered U.S . exchanges Pocket Option Support And Resistance Strategy . But there are many other websites, social media posts, advertisements or online videos that promote unregistered binary options trading platforms . Many times these platforms are operated by offshore companies that are committing fraud . Learn how these frauds work and how to protect yourself.
Does Pocket require a subscription? Pocket is a free service that helps you discover and save web content to read later on any device. Pocket Premium is a subscription that adds powerful features like unlimited highlighting and permanent library for better organization. You can subscribe to Monthly or Yearly plans, and save money by choosing the latter.
When can you trade on Pocket Option? Traditional options, such as stock options, are only available for trading during regular market hours, which are Monday through Friday, 9:30 am to 4:00 pm EST. But with the rise of online trading platforms, new forms of options have emerged, such as pocket options, that allow traders to trade on weekends as well.
Fraud Advisory
Many online binary option trading platforms operate in violation of the law. Some of these unregistered platforms have refused to credit customer accounts, denied fund reimbursement, committed identity theft, and manipulated their software to generate losing trades for customers.
Conduct a Registration Check
BASIC is a free tool you can use to check the registration status and disciplinary history of a derivatives professional or company Pocket Option Login . Conduct a check before you invest.Take Action
If you have been victimized by an unregistered binary options trading platform, or if you have information about a violation of the Commodity Exchange Act or CFTC regulations, submit your tip here.
Videos
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How does binary options fraud work? How can you recognize and avoid it? And what should you do if you suspect you’re being defrauded? We answer these questions and talk to real investors in the first episode of our series, The Truth Behind Binary Options Fraud.
The Truth Behind Binary Options Fraud, Episode 2: Fraud on a Global Scale
When Nick and Lowell tried to withdraw money from their allegedly insured binary options trading accounts, they hit a wall. Watch their stories to learn the telltale signs of binary options fraud, so you can steer clear.
Articles
Lowell Enlow was a contractor for NASA and later operated several insurance agencies throughout Florida. Nick Morrison is a store manager in Central Illinois. Despite their years of investing and financial experience, both men were victims of a sophisticated online fraud.
It’s perfectly normal for investors to test out new strategies. But be careful. There are seemingly “easy” or “low-cost” or “low-risk” offers popping up online that are actually frauds designed to drain money from investors’ accounts.
Mobile apps make finance more convenient, but some binary option trading apps may be linked to unregistered offshore platforms. Here’s what to watch for.
RED List
Foreign entities that have been identified as acting in a capacity that appears to require registration but are not appropriately registered with the CFTC.