Why Pocket Option is a Good Broker Philippines
When searching for a forex broker in the Philippines, make sure that it is licensed by the Bangko Sentral ng Pilipinas (BSP). Doing this will guarantee your funds remain secure and the broker follows local regulations.
Pocket Option offers special conditions for traders from the Philippines. You can start trading with as little as $1 and generate profits without worrying about losing.
Special conditions for traders from Philippines
If you're a fan of online trading, Pocket Option Philippines has some unique conditions to offer. As a regulated broker, it has access to an array of trading tools through its web platform, mobile app or MetaTrader 5 software.
The company boasts an excellent customer support team, and their live chat feature is especially useful for answering any queries about the system. They will assist with setting up your account and even complete initial verification within 24 hours if desired.
To get started, all you need is an email address and secure password. Afterwards, fill in a form with your personal data, then upload both a photo of yourself and an identity card to verify your account.
Additionally, the company provides a demo account for traders to test out its products without risking real money. This free account includes a $10,000 virtual balance so you can explore the system without risking any actual cash outlay.
Finally, the company boasts a small but effective promotions team and their social trading features are the standout features of the website. You can take part in free competitions, earn rewards and even trade on-the-spot with your buddies!
Pocket Option is an ideal broker for those interested in trading the stock market, forex or cryptocurrency markets. Their mobile apps and web platforms make navigating these complex financial instruments a breeze, plus they boast some of the most cutting-edge trading technologies available on the market.
Minimum investment of just $1
Pocket Option offers the convenience of opening a trading account in the Philippines in just a few steps, making it an ideal option for traders who need minimal initial investment to begin their trading career. The minimum opening deposit is just $1 and money can be deposited using credit card, e-wallet services like Perfect Money, WebMoney, Advcash and Payeer or even cryptocurrencies like Bitcoin, Ethereum or Litecoin.
For those who are wary of risking real money, the website offers a demo account. With this account, you can hone your skills and learn how to accurately predict high/low prices. Furthermore, copy trades from other traders, earn with them, and develop stronger strategies with them.
Pocket Option offers 7 distinct accounts with varying minimum balances and other bonuses. These range from the free account, which gives access to social trading and gifts with magnificent prizes; to the premium account offering unlimited total amount, more positions in their Market, as well as an express account that increases profitability by 2%.
Pocket Option offers many features to aid traders in becoming successful traders, beyond accounts. For instance, technical analysis tools help make more accurate predictions while helpful tutorials and guides teach how to trade successfully.
Another key feature is the live chat system integrated with the broker's website, providing 24/7 access to customer service representatives. You can contact them by email, phone call, or toll-free number which operates between 8 AM and 4 PM UTC.
New customers can take advantage of two promotions, including a $50 bonus and 50% bonus on their initial deposit. These bonuses are accessible to everyone without needing referral codes; however, you must complete several trades before being able to withdraw the bonus funds.
Profits without the risk of losing
Trading with Pocket Option is an excellent way to make a profit. It provides various services and features suitable for all kinds of traders, as well as tutorials and guides on the website which will teach you more about the market and trading.
Pocket Option's platform is intuitive and straightforward to use, making it perfect even for novice investors who lack technical knowledge. Plus, its demo account allows users to practice trading with virtual money. Furthermore, Pocket Option offers various payment methods that are particularly beneficial to international investors.
Traders can select from a wide range of assets, such as currencies, stocks, indices and commodities. Furthermore, they have the option to trade forex - an asset which allows them to profit from changes in the value of other countries' currencies.
If you are new to trading, a free account with a $10,000 demo balance is the ideal starting point. This will teach the fundamentals of trading and ensure you're confident investing in real-money transactions. Plus, if your demo balance is lost, no worries - you can always replenish it!
However, you should be aware of the risks involved with trading with a broker. Never deposit more money than you can afford to lose and follow four basic rules: (1) know your entry and stop-loss prices; (2) calculate your position size; (3) set limits on losses; (4) create money management plans.
These strategies will help you minimize losses and maximize profits. To be successful, always have an objective in mind when creating a plan. Once you have your goal in mind, stick to it!
Selecting a broker licensed in Philippines is essential. Doing so will protect you against scams and fraudulent activity, making filing claims much simpler if there are financial difficulties.
A license from a respected and trusted regulatory authority guarantees your broker is abiding by all local laws. Furthermore, it gives you peace of mind knowing your investments are insured. Furthermore, brokers must report any violations to local authorities so it becomes easier for you to recover your money.
Customer service
The broker provides a comprehensive selection of services designed to give traders the best experience. These include training materials, daily analysis, trading signals, built-in indicators and much more.
Customer service is available around the clock and can be accessed through various methods, such as email, phone and live chat. Traders may also utilize the website's contact form to submit questions or remarks directly to the company.
Pocket Option's client support team is highly responsive and professional, making it simple for traders to get the answers they require. They can answer questions about trading, withdrawals, account balances, as well as provide assistance with anything else you might require.
Depositing and withdrawing funds is fast and effortless, processed instantly. You can fund your account with Visa cards, bank wires, or electronic wallets without incurring additional fees.
You can trade with the Pocket Option mobile application, available for Android devices. This provides a convenient way to access your trading account while on-the-go.
The Pocket Option app offers many of the same features as its web counterpart, such as charts and advanced technical analysis tools. Its intuitive interface makes navigating it a breeze, plus you can utilize its indicators and oscillators to make smarter decisions.
Another great feature of the Pocket Option app is that it's completely free to download and use. Plus, you can even open a demo account with a virtual balance of $ 10,000 so you can practice trading risk-free before investing any real money. This makes it ideal for newcomers since there's no financial risk when testing out the platform before investing actual funds.
Additionally, the pocket option app offers a variety of trading signals and indicators designed to keep you informed on the newest prices and trends in the market. These alerts will alert you when an asset may take a turn for the better and when to place your trade.
Pocket Option's app is free to download and install, allowing you to sign up for an account in just minutes. Its user-friendly platform is available in over 100 countries worldwide, making it the ideal choice for newcomers to forex trading.