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Unbiased review of Pocket Option broker

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pocket option trading

Pocket Option is next, offering its clients more than 100 trading instruments, including the notorious binary options.

A brief history of the broker and awards

Pocket Option was founded relatively recently – in 2016. The main office is based in Cyprus. Pocket Option strategy is to provide customers with a modern trading platform on which any trader can make money through their skills.

Despite its small age, the broker has gained huge popularity. This is due to the active brand promotion on social networks and promotional videos on YouTube from top bloggers. The company is a promising young broker. Pocket Option app is available to users.

What services it offers

The list of services is taken from the official website:

  • Demo account and real account.
  • Training for novice traders.
  • Modern trading platform.
  • More than 100 assets for Pocket Option trading including БО.
  • OTC-platform (OTC transactions).
  • Automated following of other traders.
  • Tournaments for Pocket Option trading.
  • Bonus system.
  • Round the clock technical support.
  • Instruments for trading and investing.

Pocket Option trading – work with broker

To start trading, you have to create an account. You will get access to a personal account, where you can make transactions with options and other instruments.

Registration on the official site

The registration procedure is very simple. You need to fill out a small form, provide a correct email address and confirm it. Facebook users can register by simply allowing their profile details to be sent to the company’s website.

Instructions for account opening

To start trading on a real Pocket Option account, it is required to fulfill 2 conditions of the broker:

  • pass verification;
  • To replenish the balance for the minimum amount.

The verification process means the transfer of personal passport data to the broker. Hardly anybody will check their authenticity, but then the administration may deny the withdrawal of funds from the account, if the data was provided incorrectly.

Pocket Option demo

Pocket Option demo is available right after registration. You can trade on it at any time of the day or night and have unlimited virtual balances. Market liquidity is provided by bots, so virtual accounts may be used for practicing any trading strategies.

Depositing of the account and withdrawal of funds

You can deposit your account by one of 20 methods without any commission. The minimum amount on the Pocket Option is $50. When depositing the account, you need to determine whether you will participate in the bonus program or not. You can withdraw the money using the same methods that you deposited. The minimum amount for withdrawal is $30. Applications for withdrawal are processed manually, the time of receipt of money to the client – from 10 minutes to 3 days, depending on the load of the service.

Here you can also open a short position on the Facebook stock chart. Just a year ago, the company peaked, valued at more than $870 billion, but it has been steadily going down ever since, with Mark losing billions of dollars in pursuit of his meta-universe idea, while his flagship social networks, Facebook and Instagram, are facing growing difficulties. In less than a year, the company has lost $400 billion. Facebook in particular is having its worst time, with audience growth replaced by decline. But you can make money on this on the Pocket Option platform. 

Technical support

Technical support is available 24 hours a day. Clients can order a free phone call, send an email with a question, or communicate with an expert in the online chat.

If you are interested in binary options, we recommend Pocket Option.

Forex

ITB (International Trading Brachium) Broker Announced Its YouTube channel

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ITB (International Trading Brachium)

(Mahe, Seychelles-March 08, 2023) – ITB BROKER, LLC, an international forex broker, has announced that with our community growing, we believe that this will be the most effective medium to communicate with and so, we’re proud to announce the launch of ITB YouTube channel .

When a picture speaks a thousand words, How about a video?

  • Throughout our community building initiative, we strongly believe in video as our means of communication. Video has played a pivotal role in describing our futuristic services to our audience and in communicating our disruptive vision to potential traders or investors.
  • Over the next few weeks, we will be launching interesting videos on upcoming ITB features, bonuses, partnership or IB announcements and financial market expert interviews.
  • YouTube is a great place to pick up forex trading tips and learn how to use them in the real world.

There are a number of YouTubers that make great educational videos, perfect for beginners or those considering taking up forex trading. ITB group with over 10 years of financial experience provides you with useful tips and hints of forex trading via its  YouTube channel.

About ITB

ITB Broker or ITBFX is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services.

Founded in 2017, the company’s mission is to provide enthusiastic traders with access to the world’s largest and most liquid market by offering innovative trading tools, applying excellent trading platform, meeting strict financial standards, and striving for the best online trading experience in the market.

In addition, ITB offers educational courses on FX trading and Cryptocurrencies on academy section of ITBFX website.

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U.S. budget deficit totaled $262 billion in February 

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U.S. budget deficit

According to a report from the U.S. Treasury Department, the U.S. budget deficit in February was $262,434 billion compared to a $38.8 billion deficit in January. The Dow 30 also had problems.

Analysts at DailyFX suggested that the nation’s budget deficit for February was expected to be $256 billion. A year earlier, in February, the U.S. posted a budget deficit of $216,590 billion.

According to the GAO report, U.S. government spending rose 3.5 percent year over year last month to $524.548 billion, while revenue, in contrast, declined 9.5 percent to $262,114 billion.

Earlier, the U.S. edition of the Washington Post published an editorial stating that the new draft budget proposed by the Biden administration undermines U.S. national security and its ability to invest in the future, because it suggests a further growth of the U.S. national debt.

The WP editorial board noted that the new draft budget assumes a $2 trillion budget deficit, including due to the high cost of providing health insurance to the elderly of the baby boomer generation.

Earlier we reported that the EU has agreed to reduce energy consumption by 11.7% by 2030.

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The EU has agreed to reduce energy consumption by 11.7% by 2030

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reduce energy consumption

The European Union has agreed to reduce the bloc’s energy consumption by 11.7 percent by 2030, Reuters reported.

“This will mean a real change in favor of the climate and to the detriment of Putin,” the Danish Niels Fulsang, the European Parliament’s lead negotiator, told the agency.

Initially, in 2021, the EU proposed to reduce consumption by 9%, but in May 2022, against the background of events in Ukraine, increased the target to 13% to quickly abandon Russian energy, writes Forbes. The European Parliament considered it necessary to reduce consumption by 14%. The DAX Index also had problems.

Some EU countries have continued to insist on a 9% cut. An all-night negotiation between the EU and the European Parliament resulted in a compromise: the energy consumption of EU end-users, such as households and businesses, must be 11.7 percent lower than expected in 2030.

The agreement must pass final approval by the European Parliament and EU countries before it can become legally binding.

Earlier, we reported that consumers expect lower inflation in the eurozone, higher wages.

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