Pocket Option Thailand Review

Pocket Option Review in Thailand

In this Pocket Option Review Thailand, we will highlight the details about the company and the Pocket Option platform. Then, inform you about the trading conditions, deposits, withdrawals, and support. Finally, we have examined the Pocket Option in detail, with more than nine years of experience in financial markets in investment and review. But is it worth investing in Pocket Option Thailand? – Find out in the following sections.

What is Pocket Option Online Trading Platform?

Pocket Option is an online broker for forex trading and binary options trading in Thailand. Traders can access over 100 different resources through web platforms, mobile apps, or MetaTrader 5 software. “The Pocket Option” is operated by Gembell Limited Company, located in the Marshall Islands, including Trust Company Complex, Ajeltek Road, Ajeltek Island, and Majuro. The registration number is 86967. From our experience, it is a reputed offshore broker to invest in a variety of markets.

Pocket Option Thailand – Account Types

Pocket Option is a leading binary options broker becoming popular in Thailand. Their platform caters to traders of all levels with its user-friendly interface. They offer a variety of account types including:

• The Demo Account – for beginners to practice trading with virtual funds without risking actual money.
• The Standard Account – with a minimum deposit of $50 and with a leverage of 1:1000. Providing access to various assets and educational resources.
• The VIP Account – This account type offers additional benefits such as higher payout percentages, priority withdrawal, and a personal account manager. It also provides access to exclusive webinars and advanced educational resources, enabling traders to further enhance their trading skills and strategies. With a minimum deposit of $1000 and with leverage of 1:1000.
• Islamic Account – adheres to the principles of Islamic law. This account type is free from any form of ‘Riba’ or interest, making it suitable for Muslim traders who wish to trade following their religious beliefs.

In conclusion, Pocket Option in Thailand offers a variety of account types, catering to the needs and preferences of different traders. Whether you are a beginner looking to learn the ropes, an experienced trader seeking advanced features, or a Muslim trader looking for an interest-free account, Pocket Option has an account type that suits your needs. By offering such a diverse range of account types, Pocket Option continues to demonstrate its commitment to inclusivity and accessibility in the world of binary options trading.

Tradeable Assets

Pocket Option offers an impressive array of tradable assets, which is one of the reasons for its growing popularity in Thailand. The platform provides access to over 100 different assets, allowing traders to diversify their portfolios and explore a variety of markets. These assets are divided into four main categories: currency pairs, commodities, stocks, and indices.

• Currency pairs – Pocket Option offers a wide range including major pairs like EUR/USD and GBP/USD, as well as exotic pairs like USD/THB. This diversity allows traders to take advantage of different market conditions and economic events around the world.
• Commodities – The platform offers a variety of commodities, including precious metals like gold and silver, energy commodities like oil and gas, and agricultural commodities like wheat and coffee. Trading commodities can be a good way to hedge against inflation and currency risks, making it a popular choice among Thai traders.
• Stocks – The broker provides access to stocks from some of the world’s largest and most well-known companies, including tech giants like Apple and Google, as well as leading Thai companies. Trading stocks can be a good way to profit from company-specific news and events, and it can also provide exposure to different sectors of the economy.
• Indices – are baskets of stocks that represent a particular market or sector. They can be a good way to gain broad exposure to a particular market or economy. Pocket Option offers a range of indices, including major global indices like the S&P 500 and the FTSE 100, as well as Thai indices.

In conclusion, Pocket Option is a versatile platform in Thailand for traders, offering a wide range of tradable assets like currency pairs, commodities, stocks, and indices, with a user-friendly interface and innovative features.

Pocket Option Platform Features

Web Features

Pocket Option platform offers a unique blend of advanced trading tools, a user-friendly interface, and exceptional customer service, making it a preferred choice for both novice and experienced traders. We will delve into the features of Pocket Option’s web platform and mobile app, highlighting why it is a top choice for traders in Thailand.

• Candlestick Charts: This tool is used to view price movements in a specific timeframe. It shows the opening, closing, high, and low prices during a set time.
• Technical Indicators: These tools are used for predicting future price movements. Examples include Moving Averages, Bollinger Bands, and Relative Strength Index (RSI).
• Drawing Tools: Used to mark specific areas on a chart, such as support and resistance levels. Examples include horizontal lines, vertical lines, trend lines, etc.
• Economic Calendar: A tool that lists upcoming economic events, earnings announcements, and other news that could potentially impact the markets.
• Social Trading: This allows traders to follow and copy the trades of experienced traders.
• Price Alerts: This tool alerts traders when the price of a specific asset reaches a predetermined level.
• Order Types: Pocket Option offers different order types, including Market Orders, Limit Orders, and Stop Orders.
• Risk Management Tools: These tools help traders manage their risk, including stop-loss orders and take-profit orders.
• Trading Signals: These are suggestions or tips for making trades, often based on technical analysis.
• Demo Account: This tool allows traders to practice trading with virtual money before risking real money.
• Market Analysis: This includes news updates, market forecasts, and other information that can help traders make informed decisions.
• Trading History: This tool allows traders to view their past trades, helping them learn from their successes and mistakes.

Mobile Application

Pocket Option has ensured that traders can trade on the go without any hassle. The app is available for both iOS and Android devices and offers all the features available on the web platform. The app has a user-friendly interface, making it easy for traders to navigate and execute trades.
The mobile app also offers push notifications, allowing traders to stay updated on market trends and price movements. This feature ensures that traders never miss out on a potential trading opportunity. The app also supports a variety of payment methods for deposits and withdrawals, including credit cards, e-wallets, and cryptocurrencies. This provides traders with flexibility and convenience when managing their trading funds.

Educational Resources

Pocket Option provides an extensive library of educational materials. This includes eBooks, video tutorials, webinars, and articles that cover a wide range of topics. From the basics of binary options trading to advanced strategies and market analysis techniques, these resources cater to traders of all levels of experience. This means that whether you are a novice trader just starting or a seasoned professional looking to refine your skills, you will find valuable information to help you on your trading journey.

Moreover, the Pocket Option goes beyond providing theoretical knowledge. The platform also offers practical learning opportunities through its demo account feature. This allows traders in Thailand to practice their trading strategies in a risk-free environment before they start trading with real money. The demo account comes with virtual funds and replicates the real market conditions, providing an authentic trading experience. This hands-on approach to learning can significantly enhance traders’ understanding of the market dynamics and help them develop effective trading strategies.

Customer Support

In the world of online trading, customer support plays a pivotal role. It is the backbone of any successful trading platform. The company has invested heavily in building a robust customer support system that is designed to assist traders at every step of their trading journey.

• Live chat feature – Available 24/7, this feature allows traders to get instant responses to their queries. The live chat support is not only quick but also efficient, with knowledgeable and friendly customer service representatives who are well-versed in the intricacies of the platform and the trading industry. This ensures that traders get accurate and helpful responses to their queries, enabling them to make informed trading decisions.
• Email support – Traders can send in their queries or concerns via email, and the customer support team responds promptly. This method is particularly useful for complex queries that require detailed explanations or for traders who prefer to have a written record of their communication with the platform.
• FAQ section – On its website this section covers a wide range of topics, from account registration and deposit methods to trading strategies and withdrawal procedures. The FAQ section is designed to provide quick answers to common questions, saving traders the time and effort of reaching out to customer support.

To cater to its growing Thai customer base, the platform offers customer support in Thai. This not only makes communication easier but also enhances the overall trading experience for Thai traders.

Furthermore, Pocket Option is committed to continuous improvement. The company regularly collects feedback from its users to identify areas of improvement in its customer support. This customer-centric approach has helped Pocket Option build a strong reputation in the trading industry.

Is Pocket Option a Scam or Not?

To answer this question, it is essential to understand the legal framework governing online trading in Thailand. The Securities and Exchange Commission (SEC) of Thailand is the primary regulatory body that oversees all financial and investment activities, including binary options trading. The SEC’s primary role is to protect investors by ensuring that all financial activities within the country are conducted legally and ethically.

In the case of Pocket Option, it is indeed legal to use this platform for binary options trading in Thailand. Pocket Option is operated by Gembell Limited, a company registered in the Republic of the Marshall Islands. While the company is not directly regulated by the Thai SEC, it operates under the jurisdiction of the International Financial Market Relations Regulation Center (IFMRRC), an independent regulatory organization. This means that Pocket Option adheres to international standards of transparency and fair trading practices, which are recognized globally.

Pocket Option Thailand Review –  Conclusion

Pocket Option Thailand is a popular choice for binary options trading, offering a user-friendly platform and a variety of assets to trade. However, potential users should be aware of the risks involved in binary options trading and ensure they understand the platform’s terms and conditions. It’s also important to note that while Pocket Option is accessible in Thailand, it’s not regulated by Thailand’s financial authorities. Therefore, users should exercise caution and consider their investment decisions carefully.