Is Pocket Option legal in Brazil? Review for Brazilian traders

Pocket Option is one of the most well-known online trading platforms out there. It is an international Forex and CFD trading broker. The platform is available to users all over the world, with a few exceptions.  

Pocket Option was established in 2017. Its headquarters are located in the Republic of the Marshall Islands. It is currently owned by Gembell Limited.  

Pocket Option is also well-known for its options trading. They also offer over 100 financial assets for trading. Pocket Option is an online trading platform with a minimal risk profile. It has earned a reputation as one of the top online trading platforms available, and despite just being founded in 2017, it has attracted a large number of customers from all around the world.

Pocket Option is available at all times for trading online. Their customer support services are also available at all times for its users to clear any questions or queries. The platform is also available in multiple languages for the convenience of the traders. You can access the platform from both smartphones and desktops. Pocket Option also has a mobile application, which is very convenient for traders. 

Pocket Option is a regulated trading platform and is very safe and reliable for traders. It also has very uncomplicated and simple deposit and withdrawal methods. You can choose a convenient payment method from several payment methods offered by Pocket Option.  

Creating an account on Pocket Option is very easy, and the minimum investment amount is very low and inexpensive. If you are hesitant about trading on a real account, you can try the demo account, which is the same as a real account but with virtual money. 

Moreover, Pocket Option offers an exceptional deposit bonus when you make an investment on the platform for the first time. The platform also has lots of astonishing features to help the traders make better trade. Overall, Pocket Option is known for its binary options trading and its high payouts.  

Is Pocket Option legal in Brazil?

There are several trading platforms available in Brazil, and Pocket Option is one of them. Now let us help you with why you should be choosing Pocket Option as your trading platform. It is vital to find the right platform for you to get into the world of trading, and Pocket Option is one of the best options you have. It is not only extremely easy to use but is also essentially a very safe and secure platform for trading. That is because it is licensed by IFMRRC. 

Binary options trading is legal in Brazil as there are no rules against them. Since there are no specific rules against binary options and Forex trading, Brazilian users are free to trade binary options online. 

Online trading regulations in Brazil 

Online trading in Brazil is regulated by Security and Exchange Commission, known as Comissão de Valores Mobiliários or CVM. CVM regulates the financial markets in Brazil. However, there are no regulations for binary options trading or Forex trading; it is still legal in Brazil. There are no local Forex or binary broker in Brazil. This is why it’s best to trade online on an international online trading platform like Pocket Option. Its platform is available in the Portuguese language, and they also offer 24/7 customer support services to its users. 

Regulations of Pocket Option

Pocket Option is a very safe and low-risk online trading platform as it is regulated by the International Financial Market Relations Regulation Center (IFMRRC) situated in Marshall Island. Pocket Option also has an anti-money laundering policy to avoid any kind of risk or scam. 

The broker has a Know-Your-Customer (KYC) policy which helps in understanding the traders better and helps to keep away from any sort of money laundering activities. Pocket Option also aims to protect the privacy of their clients. Pocket Option also adheres to the Anti-Money laundering policy.  

Review of Pocket Option for Brazilian traders

Pocket Option offers both binary option and Forex trading to its users. It also has various educational materials available like video tutorials, guides, and various trading strategies. The platform is available in more than 20 languages, such as Portuguese, English, Urdu, French, Turkish, etc. 

In addition to all this, Pocket Option also offers a very high payout to the traders along with over 100 assets to trade. The broker also offers a free demo account. Pocket Option has high customer loyalty. They are one of the most loyal and trustworthy online trading platforms out there. You also get special features like social trading, tournaments, indicators, and more. To get additional profits, traders can take part in the tournaments, which are held weekly.  

Pocket Option has various trading instruments available for its users to make trading better and easier. They also provide regular promo and gift codes to their clients. You can even customize the platform according to your convenience. You can customize things the color themes, chart types, etc. You can also communicate with other traders from around the world in the built-in chat option.   

Binary trading option

A binary option is an online trading option that allows you to predict the correct outcome from two possible outcomes for a fixed payment. It’s called binary option because there are only two outcomes; it’s either win or lose. You need to make the correct prediction to gain profit. If you predict the right option, you get the payout. However, if your prediction is wrong, you get nothing. Pocket Option has this binary trading option which is an excellent option for the users in trading. It also offers easy money to the traders. 

Features on Pocket Option

Pocket Option has lots of special features that users can use for trading online in Brazil. They have features like social trading, tournaments, achievements, Indicators and Signals, and many more. You can use these features to get better profits on Pocket Option. Let’s explore these special features available on Pocket Option further –  

  • Tournaments

With the tournament feature, you can compete with other traders to win prizes. Furthermore, you can also observe how your opponent is trading. You can get a maximum of $50,000 for winning along with other prizes and achievements. 

  • Achievement 

You can earn achievements through tournaments. By earning achievements, you can get bonuses, trading funds, and various other perks to help you get better profits in Pocket Option. 

  • Social Trading 

With this feature, you can gauge other traders’ trading habits. You can learn a lot from this feature as you can see other traders’ trading habits and get second-hand experience from them. It is one of the most valuable features of Pocket Option.  

  • Indicators and Signals 

With the Indicators and Signals feature, you can keep track of when you will earn the most from a trade you make. This feature shows when prices the market prices increase and decrease. 

Minimum and maximum deposit and withdrawal amount on Pocket Option

There are a few Pocket Option policies due to which you can’t deposit or withdraw money below a certain amount. Due to the Pocket Option’s policy, you cannot deposit money less than $50, but the amount might differ based on your payment method. 

The minimum amount that you can withdraw from Pocket Option is $10. You can withdraw any amount of money from Pocket Option as there is no maximum limit on money withdrawal. Note that you can withdraw money only once per day. 

Types of accounts on Pocket Option

Along with a demo account, Pocket Option also offers a live account for trading to its users –

  • Demo Account

With a demo account, you get $10,000 virtual coins to practice and level up your trading skills. You don’t necessarily have to register on Pocket Option to get access to the demo account. Starting with the demo account is a good choice for both new and experienced traders. If you are uncertain of making a trade on the live account, you can start with the demo account, which has all the similar features to the live account.  

  • Live Account 

You are required to make a minimum deposit of $50 to start trading for real using the live account. You also get a welcome bonus of 50 percent when you make your first deposit on the Pocket Option. You can also participate in the tournaments, which are held weekly to make extra profits. You can also get access to some special features on the live account, which include social trading, indicators, and many more. 

Payouts on Pocket Option

Pocket Option offers higher payouts than any other online trading platform. The lowest payout that you can get on Pocket Option is 50 percent. If you make the correct predictions, you can get payouts between 80 percent to 100 percent.  

You can get over 200 percent payouts on Pocket Option. You can get higher payouts using the high/low trading method than any other trading method in binary options trading. Pocket Option offers exceptional payouts to traders worldwide.   

Assets to trade on Pocket Option

Pocket Option offers more than 100 assets to trade. Pocket Option has various assets for betting like Forex, indexes, actions, cryptocurrency, and commodities –   

  • Cryptocurrency

They have over 30 cryptocurrencies for trading like Bitcoin, Ethereum, EOS, etc.  

  • Stocks

Pocket Option has more than 30 stocks to trade like Google, Apple, Facebook, HP, McDonald’s, Walt Disney, Microsoft, Intel, etc. 

  • Commodities

Pocket Option offers 4 commodities for its online trading users to trade – Gold, Silver, UK Brent, US Crude.  

Deposit and withdrawal methods on Pocket Option in Brazil

Pocket Option accepts 50+ deposit and withdrawal methods to make it more convenient for the traders. You can deposit or withdraw through bank wire, debit/credit cards, cryptocurrency, or E-payment –  

  • Cards

Mastercard, Visa, Maestro, Mir, etc. 

  • Cryptocurrency

Bitcoin, Litecoin, Zcash, Stellar, Ethereum, PAX, etc. 

  • E-payment

QIWI wallet, VLoad, Yandex Money, WebMoney, Jeton, Perfect Money, Advcash, etc.  

All these payment options are instant and completely safe to use on this online trading platform. Traders have a wide range of deposit and withdrawal options which is very convenient. 

Deposit bonus on Pocket Option

In the Pocket Option, you get a deposit bonus based on the amount you have deposited and the payment method you have used to make the deposit. The bonus amount that you are getting will be higher if you deposit more money on the Pocket Option. In addition to this, you get a welcome bonus of 50 percent on your first deposit. You can also activate and deactivate the bonus you are getting.  

How to open an account on Pocket Option in Brazil? 

If you want to get to know the world of online trading, Pocket Option is an excellent place to begin with. However, to start trading, you will have to open an account on this online trading platform which can be accomplished in just a few simple steps. Here is how you can start – 

To open a demo account

  1. Select the “Start in One Click” option.
  2. Enter your personal details to store the findings and keep using the same profile.

You do not have to signup to open a demo account; simply select the demo account option to receive free digital money to practice trading. Starting with a demo account allows both professionals and newbies to become acquainted with the trading platform and its numerous features.

To open a trading account

  1. Select the “Quick sign up” option on the screen.
  2. Select a signup method such as Facebook, Google, or email.
  3. Enter a strong password.
  4. Enter again for confirmation.
  5. Select the “Sign-up” option.

After completing these steps, you will have successfully joined up with Pocket Option. You will be able to begin trading online on this platform by making deposits using different payment methods.

How to deposit money to Pocket Option in Brazil?

Depositing money on the option is simple and convenient. The processes for depositing money on Pocket Option are quite basic and straightforward. To begin trading online with Pocket Option, you must deposit a minimum of $5 or $10, based on your payment option. Here’s how to make a deposit to Pocket Option –

  1. Navigate to the page’s “Finance” section.
  2. Select “deposit.”
  3. Select a payment option that is convenient for you.
  4. Enter the amount you want to deposit into the account.
  5. Select your chosen deposit gift.
  6. Finally, click the “Continue” button.

After completing these procedures, you will have successfully deposited funds on Pocket Option to begin trading. You may examine your history and keep track of your deposit and withdrawal actions by going to the “History” tab.

How to withdraw money from Pocket Option in Brazil? 

To collect your profits from Pocket Option, you must first submit a withdrawal request to Pocket Option.

  1. Select the “Finance” tab.
  2. Next, select the “Withdrawal” option.
  3. Select a payment method.
  4. Enter your withdrawal amount.
  5. Enter any of your account numbers, bitcoin addresses, card numbers, and so on.
  6. Press the “Continue” button.

When you click to proceed, you will be notified that your withdrawal request has been queued. To view your withdrawal history, select the “History” option.

Support for the Brazilian users 

To resolve any kind of queries related to the trading platform, you can contact the customer support team of Pocket Option. You can easily find the contact details like phone number, email, and address, on the Pocket Option’s main website. Another way to contact the customer support team is by clicking on the live chat option given on their main website.  

You can also contact them by filling in the contact form given on the website, and they will get back to you within 24 hours. You will have several language options to make it easier for you to communicate with the support team. You can also find Pocket Option on various social media platforms like Instagram, Facebook, and more. 

Conclusion

Pocket Option provides exceptional service to the traders. The platform has many features and options to make the trading experience better for you. You can also choose from various payment options available on Pocket Option. Furthermore, you can even test out the platform by using the demo account before you start trading with the live account. Pocket Option also offers many assets to trade. Pocket Option has an excellent customer support team to help out the traders to resolve any kind of trading-related queries. 

You can trade using binary Option and Forex trading on Pocket Option. Pocket Option provides all the same features to users worldwide. You also get higher payouts on Pocket Option than any other online trading platform. Binary options trading is legal in Brazil, which makes Pocket Option a good choice to start trading. It is a trusted and reliable online trading platform by traders all over the world.  

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Blogger at www.willascherrybomb.de Copywriter website: www.yvonnes-schreiberei.de

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