Pocket Option Trading Strategy
Binary options — a yes/no position on a future market condition — can be traded on registered U.S . exchanges . But there are many other websites, social media posts, advertisements or online videos that promote unregistered binary options trading platforms Pocket Option Forex . Many times these platforms are operated by offshore companies that are committing fraud . Learn how these frauds work and how to protect yourself.
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.
How legit is Pocket Option? Pocket Option is not a trusted broker because it is not regulated by a financial authority with strict standards. We recommend you open an account only with brokers that are overseen by a top-tier and stringent regulator. All the 100+ brokers reviewed on the BrokerChooser website meet this criteria.
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 Boosters . 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
Introduction Pocket Option Trading Strategy
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.