Pocket Option Philippines - The Best Binary Options Trading Platform in the Philippines
Pocket Option is one of the premier trading platforms, providing Fixed Time trading, Forex Options and Meta Trader 5 (MT5) software to traders. They also provide special features like social trading and signals to their clients.
Pocket Option offers traders a free demo account to hone their skills and knowledge before investing real money trades. Furthermore, they boast an impressive payout rate.
Special conditions for traders from Philippines
Filipino traders can begin their trading career with just $1 investment. This provides them with the opportunity to learn about the platform and its features without risking their funds, plus it helps them assess whether they want to continue with trading activities or not.
Pocket Option provides a range of payment methods, such as electronic wallets and credit cards, without charging any withdrawal fees. However, it is important to check the regulations in your country before depositing or withdrawing money.
The Philippine currency has been weakening against the dollar, due to foreign selling of stocks. Furthermore, anticipation of an interest rate hike from the US Federal Reserve that could range between 75 basis points and 175 basis points has added to market volatility.
One important trade relationship is with the European Union, which has a Generalised Scheme of Preferences plus (GSP+) with the Philippines. This special incentive arrangement promotes sustainable development and good governance by eliminating tariffs on two thirds of all products.
EU-Philippines trade and investment talks began in 2015, and negotiations are still ongoing to create a region-to-region agreement between the two countries. Both parties are dedicated to fostering free movement of goods, services and investments within ASEAN region while creating an enabling environment for economic growth.
The Philippines has been a member of the World Trade Organization since 1995 and benefits from enhanced trade preferences with the EU under GSP+. In addition to tariff removal, GSP+ also grants companies an additional tax credit if they use locally produced raw materials, capital equipment or spare parts in their exports.
Furthermore, as an ECOZONE partner, the Philippines is eligible for certain incentives under the Free Trade Agreement with the United States. These include duty-free access to American markets for local products as well as a 25 percent tax credit on imported raw materials, capital equipment and spare parts that are substituted or used in local production.
The United States and Philippines enjoy a vibrant trade and investment relationship. Their total bilateral trade in goods and services in 2020 totaled $18.9 billion, with leading exports being professional & management services, intellectual property (franchises/trademarks), and financial services.
Free demo account
Demo accounts offer traders an invaluable opportunity to practice trading without risking real money. They allow traders to trade with virtual funds and explore the features and platforms offered by a particular broker, which can be especially helpful for new traders who want to get familiar with the market before investing actual funds.
Pocket Option Philippines offers a free demo account so you can practice trading in the real world and test out new strategies with ease. Plus, it makes depositing and withdrawing funds much simpler!
The company is upfront about the potential risks of trading, and encourages its clients to only risk what they are willing to lose. This is essential for anyone wanting to make money through trading, as it helps shield you against unscrupulous individuals who may try to take advantage of you.
It also provides traders with a range of bonuses and incentives. One such bonus is the deposit bonus, which adds extra funds to your trading account when you make a qualifying deposit. This amount depends on the volume of trades made; it can either be used to increase balance or withdraw funds.
Another beneficial feature of the platform is its social trading section, which enables you to follow and replicate successful traders' transactions. This can be an excellent way to generate passive income while giving you access to a wide selection of trading tools.
You have several payment methods available for depositing and withdrawing your funds, such as credit cards, e-wallets, and cryptocurrencies. The minimum deposit is $50 with no fees associated with withdrawal.
The website is highly user-friendly, making it simple to use and locate information quickly. There are multiple account types available from beginner to master level so you can pick which one best suits your needs.
Pocket Option offers you the chance to make real profits in binary options trading thanks to its team of IT and FinTech specialists designing its platform with simplicity, convenience, and enjoyment in mind. Not only that but its easy-to-use features make it suitable for both novices and experienced traders alike - making it the ideal platform for both.
High payout rate
Pocket Option Philippines offers an impressive 95% payout rate, making them stand out among other brokers in the industry. With such a generous return on investment, traders are sure to find success with this broker.
Pocket Option not only boasts a high payout rate, but it also provides numerous tools and features to help you make more money. These include bonuses, social trading, free demo accounts, educational resources like tutorials and guides - everything you need to learn about options trading.
The website of this company is user-friendly with a straightforward design, making it simple for newcomers to grasp its platform. Furthermore, it provides an expansive selection of assets ranging from traditional currencies to cryptocurrencies.
Traders can open an account in just a few steps and start trading right away. All that's required is your email address and password - plus, with some accounts, linking your Facebook or Gmail makes the process even simpler!
One of the key advantages of Pocket Option Philippines is its high payout rate, which can help you make money quickly. Furthermore, you can utilize this platform to trade across various markets such as currency pairs, silver, commodities, gold and stocks.
Pocket Option Philippines' marketing strategy involves offering new traders a range of promotional bonuses. These include a bonus on their initial deposit, free demo accounts, and other advantages designed to make trading easier for them.
Pocket Option Philippines offers a wealth of features to enhance your trading expertise, such as a free demo account, social trading community and user-friendly interface.
Another advantage of choosing Pocket Option as a trading platform is that it does not charge any fees for deposits or withdrawals. This makes them an attractive option since other brokers may charge fees on these transactions, which could significantly reduce profits.
Easy to use
If you are new to trading binary options, Pocket Option provides an intuitive interface that makes getting started simple. Plus, its free demo account allows users to practice using virtual funds without risking any real cash investment.
This platform is accessible both on web and mobile, making it convenient to use anywhere. Furthermore, the site supports various languages including English and Spanish. Furthermore, the company boasts a customer support team that is available 24/7.
One of the benefits of this broker is that it provides access to a wide variety of assets, such as stocks, cryptocurrencies, commodities and indices. Furthermore, its minimum deposit requirement of only $50 is much lower than many other brokers' minimums.
Fixed time contracts offer traders a range of expiry times from seconds to several hours, giving you plenty of flexibility in trading. You may even pre-order a trade which opens automatically once the price hits your preset value.
High/Low Trading is another popular trade type offered by Pocket Option and easy to understand. You can trade this option within minutes, however it comes with certain risks; you could potentially lose a substantial amount of money quickly if not knowledgeable about binary options trading basics. It's best to stay away from high/low trading if you aren't confident trading them yourself.
Trading stocks and options can be highly profitable, but it's essential that you comprehend how the markets function before investing your own funds. Never invest more than what you can afford to lose.
Additionally, there are multiple ways to generate additional income with your trading account. You could become a copy trader and earn extra money by referring new clients to the site. Moreover, participating in tournaments will increase your profits.
Before opening an account with a forex broker, it's wise to review their policies and regulations. Doing this can help avoid problems with fraudulent companies and protect yourself from potential scams. Furthermore, ensure your account is verified and that all necessary documentation has been submitted in accordance with local regulations in your country.