How to Use Pocket Option: A Comprehensive Guide for Beginners

Imagine this: You’ve heard about Pocket Option from traders claiming to make significant profits. You’ve seen YouTube videos showcasing successful trades, and now you’re eager to start. The problem? You have no idea where to begin. That’s where this guide comes in.

By the time you finish reading, you’ll understand exactly how to set up your account, fund it, place your first trade, and withdraw your profits. More importantly, you’ll gain valuable insights to help you trade with confidence and avoid costly mistakes. So, let’s begin.

Step 1: Creating Your Pocket Option Account

Before you can begin trading, you’ll need to create an account. The process is simple, but it’s important to follow each step carefully to ensure a smooth start.

1. Visit the official Pocket Option website.
2. Click on the “Sign Up” button located at the top-right corner.
3. Enter your email address and create a secure password.
4. Check your inbox for a verification email and confirm your account.
5. Log in to access your personal trading dashboard.

If you prefer a quicker registration process, Pocket Option allows sign-ups through Google or Facebook. However, securing your account should be a top priority regardless of how you register. Enable two-factor authentication to add an extra layer of protection against unauthorized access.

Step 2: Depositing Funds

Now that your account is set up, it’s time to add funds so you can start trading. Pocket Option offers multiple deposit methods, making it convenient for traders worldwide.

1. Click on the “Deposit” button at the top of the screen.
2. Choose your preferred payment method (credit card, cryptocurrency, or e-wallet).
3. Select the amount you wish to deposit. The minimum required amount is typically $10.
4. Confirm the transaction and wait for the funds to reflect in your account.

Important considerations:

• Cryptocurrency deposits are usually processed instantly, while bank transfers and card payments may take longer.
• If your deposit does not appear immediately, wait a few hours before contacting customer support.
• Beginners often deposit too much money at once. Start small and increase your capital gradually as you gain experience.

Step 3: Navigating the Trading Interface

When you first open the Pocket Option trading dashboard, you might feel overwhelmed by all the charts, numbers, and buttons. But once you break it down, it’s quite simple. Here’s what you need to focus on:

• Asset Selection: Choose from various instruments, including forex pairs, stocks, and cryptocurrencies.
• Chart Area: Displays price movements using candlestick or line charts.
• Timeframe Selector: Adjusts the duration of your trades (from 60 seconds to several hours).
• Trade Amount: Defines how much you are investing per trade.
• Buy and Sell Buttons: Used to predict whether the price will move up (Call) or down (Put).
• AI Trading Button: To let the AI trade on behalf of traders based on smart calculations. 

For beginners, starting with a demo account is advisable, which allows you to practice trading without risking real money. Pocket Option provides $10,000 in virtual funds to help you familiarize yourself with the platform before going live.

Step 4: Placing Your First Trade

This is where things get exciting. Placing a trade involves predicting the direction of an asset’s price. Let’s walk through a simple, beginner-friendly trading strategy.

1. Choose a major forex pair such as EUR/USD or GBP/USD. These pairs typically have more predictable movements.
2. Set the chart to one-minute candlesticks for short-term trades.
3. Use the Relative Strength Index (RSI) indicator. If the RSI falls below 30, the asset is oversold, indicating a potential upward movement. If it rises above 70, the asset is overbought and may decrease in price.
4. Trade in the direction of the trend. If the price has been rising steadily, place a Call trade. If it has been declining, place a Put trade.
5. Practice risk management. To minimize potential losses, start with small trade amounts—$1 or $5 per trade.

Example: Imagine the RSI drops to 25, indicating an oversold condition. You notice the price stabilizing and starting to rise. You place a $5 Call trade with a two-minute expiration time. The price moves up, and you earn an 85% profit.

Trading Tips:

• If you lose three trades in a row, take a break to reassess your strategy.
• Avoid emotional trading. Stick to your plan and maintain discipline.
• Always test new strategies in demo mode before using real funds.

Step 5: Withdrawing Your Profits

After making successful trades, you’ll want to withdraw your earnings. Pocket Option makes this process straightforward, but there are a few things to remember.

1. Navigate to the “Withdraw” section in your account menu.
2. Select your withdrawal method (bank transfer, cryptocurrency, or e-wallet).
3. Enter the amount you wish to withdraw and confirm the transaction.
4. Wait for processing, which usually takes between 24 and 48 hours.

Important Notes:

• Before withdrawing, make sure your account is fully verified by uploading a valid ID.
• Cryptocurrency withdrawals tend to be the fastest, often processing within hours.
• Large withdrawal amounts may require additional verification.

Frequently Asked Questions

Is Pocket Option a legitimate platform? 

Yes. Pocket Option is regulated by the International Ibc Regulation Act of Mwali, Comoros Union and has operated since 2017.

What is the minimum deposit required? 

The minimum deposit is $10, making it accessible to beginners.

How much can I withdraw at once? 

There are no strict limits, but larger amounts may require identity verification.

Can I trade without verifying my account? 

You can deposit and trade without verification, but withdrawals require an ID for security reasons.

Does Pocket Option have a mobile app? 

Yes. Pocket Option offers a mobile trading app for both Android and iOS devices.

What is the best time to trade? 

The London and New York trading sessions typically have the highest market activity, making them ideal for forex traders.

Are there any fees for deposits or withdrawals? 

Pocket Option does not charge deposit fees, but some withdrawal methods may have associated charges.

How do I contact Pocket Option’s support team? 

You can reach them through live chat, email, or their support center on the official website.

Can I use trading signals on the Pocket Option? 

Yes, but analyzing the market yourself is always best rather than relying solely on signals.

Final Thoughts: Is the Pocket Option Worth It?

Pocket Option is a user-friendly platform catering to beginners and experienced traders. It offers many assets, an intuitive interface, and fast withdrawals. However, success in trading isn’t just about having access to a platform. It’s about discipline, strategy, and risk management.

If you’re new to trading, start with a demo account, familiarize yourself with the market, and only invest what you can afford to lose. Trading is a skill that takes time to master, but with patience and practice, you can develop a profitable strategy.

Now that you understand how Pocket Option works, it’s time to take action. Try out the demo, test different strategies, and dive into live trading with confidence when you’re ready.