Trading account bonuses are the special offers every trader gets when they register on the platform, deposit money or reach a certain account level. Pocket Option offers different attractive bonuses that can increase your trading balance. But how doe the bonuses work and which conditions apply? We will discuss everything about the bonus types below!
These different bonuses are available on Pocket Option:
| Bonus type | Availability |
|---|---|
| Deposit bonus | Up to 110% |
| No deposit bonus | ✖ Not available |
| Promo codes | ✓ Available |
| Bonus to balance | Up to $ 100 |
| Risk free trades | Yes, up to $ 1,000 cancel loss |
| Cashback bonus | Up to 10% |
| Social rewards | Yes |
| Bonus system | You can purchase bonuses via the market. It costs “gems”. |
| Gems lottery | Yes |
(Risk warning: You capital can be at risk)
The Pocket Option bonus system explained
What you will read in this Post
Pocket Option does not only offers simple bonuses like most binary brokers. There is much more behind it. The broker launched its own market for using all kinds of different bonuses.
When you are trading with Pocket Option, you can earn “Gems” and transfer them into different bonus types. In addition, if you trade on this platform, you will gain experience and level-ups of your trading account. The higher the account level, the better the bonus offers and conditions. Traders who deposit a lot of money can earn more bonuses and experience.
See our full video on the explanation:
See the interesting facts about the bonus system:
- Different bonuses are offered via the Pocket Option market
- You can earn “Gems” when you trade on the platform
- Transfer the “Gems” into different bonuses
- Level up your trading account and get better offers
- When depositing money, you get gifts (Chests) where you find free bonuses and “Gems”
(Risk warning: You capital can be at risk)
Unlock achievements to get a free bonus
Pocket Option bonus conditions for traders
One can begin to invest in different financial instruments and enjoy the Pocket Option bonus just by depositing USD 50 in their trading account. However, you can use USD 1 as a minimum investment amount for every asset.
On Pocket Option, you can always deactivate the bonus and withdraw your account balance. If you got an activated bonus, the bonus amount is not withdrawable before not meeting the bonus conditions. For a deposit bonus, the turnover value is x50. That means by getting a $ 50, you have to do a $ 2,500 trading turnover (volume). After making trades with a volume of $ 2,500, you can withdraw the bonus.
See the calculation example for the Pocket Option bonus conditions below:
| Deposit amount | $ 100 |
| Bonus | 50% |
| Overall account balance | $ 150 |
| Bonus turnover conditions | x50 |
| Turnover amount | $ 2,500 |
(Risk warning: You capital can be at risk)
Types of different bonuses on Pocket Option
After analyzing the platform, it can be said that there is a huge choice of options available to help traders earn additional money. Utilize no deposit or deposit bonus to enjoy a bigger account.
The platform also offers occasional promo codes, cashback, risk-free trades, and more. The traders can get a reward if they are doing high-volume trading frequently. What’s more? They also offer you Gems that you can utilize in the award shops. You can also buy some additional bonuses.
If compared, you will find the Pocket Option bonus system quite big. However, each bonus has some terms and conditions that you need to read. Another best thing is the traders can cancel the bonus anytime they want.
The Pocket Option bonus includes risk-free trades, gems of bonus, cashback, deposit bonus, no-deposit bonus, and boosters. As per the rules, the broker will not hold any money if you have an active bonus. To get paid, you need to make around 50x turnover.
However, there is an important thing that you need to keep in mind here. The traders are not allowed to withdraw their bonus before their trading.
(Risk warning: You capital can be at risk)
Deposit Bonus
The deposit bonus is a great choice for traders who want to start trading on Pocket Option. For each deposit on the platform, you get an additional amount of money to your trading balance. The deposit bonus can be up to 110%.
Bonus via Promo Codes
Promo codes are used to get different types of bonuses. For example there is the promo code “START50” for new traders. There you get a deposit bonus of 50%.
Bonus to balance
Boost your account balance with the bonus to balance. It is a simple bonus that is added to your account. For using this bonus type, you have to buy it via different gems. It can be up to $ 100 and it is fully withdrawable without conditions.
(Risk warning: You capital can be at risk)
Risk-free trades
Risk-free trades are an insurance against losing trades. Buy this bonus type via the market. The lost trading amount will come back to your account balance after losing the trade. The maximum bonus is $ 1,000 for 2 trades.
Cashback bonus
The cashback bonus can be up to 10% but only for $ 500 per month with a duration of one year. For each trade you will get back a percentage of the trading volume to your account balance.
(Risk warning: You capital can be at risk)
How does Pocket Option bonus work?
While the platform offers different types of bonuses, before trying it out, you should know how it works, so let’s discuss some basics of the bonus system.
One of the most popular Pocket Option bonuses is a deposit bonus. As discussed above, it is an extra amount that traders will receive when they add money to their trading account.
The initial deposit and any profit made by the traders can be easily withdrawn at any time. But if the bonus is not executed or active, it will get deducted automatically from the account balance.
Executing a bonus
If you want to execute your bonus, then you need to make a total trading turnover of fifty times the bonus amount. Let’s understand this with an example. If there is a 100 percent bonus offer and you deposit USD 100, then you will get USD 100 extra. So, for the bonus execution, the net trading turnover should be USD 5000 (100×50).
Is it possible to cancel the bonus?
Pocket Option allows to cancel the deposit bonus anytime you want. You need to visit their profile and then go to the Finance section. From there, you have to click on the Promo codes to cancel the bonus. It’s very simple.
Can a trader apply a bonus to a completed deposit?
Yes, you can apply the bonus promo code “50START”, the deposit that has been done in the last 24 hours.
Well, you don’t have to do anything special about that. All you need to do is follow two simple steps.
- Visit the official site and open a live account entering all the required details.
- Once done, deposit a minimum amount of USD 50 or more to get a 50 percent bonus.
(Risk warning: You capital can be at risk)
Other rewards offered by Pocket Option
Sometimes, Pocket Option organizes a YouTube Video contest for the investors. Under this, on a certain day, the broker rewards two bloggers for their videos. For this, all you need to do is upload a video of the Pocket Option trading process. You will be the winner if your video gets more like.
How to apply for the Youtube contest:
- First, you need to open a live trading account on this platform.
- After that, register for the YouTube contest.
- Then upload videos that show the trading process of the platform.
The winner will get USD 100 as a reward, and the second prize will be USD 20 cash reward that will be given to any random users selected by the company. This amount is withdrawable.
Some common mistakes traders make while choosing a bonus deposit
As per the experts, one of the most common mistakes the traders, especially the beginners, make when dealing with bonus deposits is that they choose the platform based on this single factor. They ignore the other factors.
It is advisable to choose a company that has wide spreads or offers better commissions on the trades. On the other hand, some traders don’t even read the terms and conditions related to the bonus. Well, this can lead them to face issues in the future. To successfully participate in the Pocket Option bonus, they need to meet the requirements.
It has also been seen that some traders deposit more money on the trading account to maximize the bonus size. This can make them nervous while trading, and due to their emotions, they can make poor decisions.
So, follow the rules, and you can enjoy a great bonus with the Pocket Option. Enjoy your trading.
(Risk warning: You capital can be at risk)
Conclusion: Always choose a brokerage company that offers bonuses
The Pocket Option bonus features are very attractive for some participants as that enables them to boost up their capital, and they can use that sum for new investments.
So, when choosing an options trading brokerage company, choosing a platform that offers a bonus can be a plus point. However, it is also advisable to carefully check other factors, for example, spread sizes, trades execution speed, commission structure, and more.
If you are finding it challenging to choose the right platform, then Pocket Option can be an ideal platform for you as it has a good bonus system for new users. In our review, we can definitly say that it is worth a try to check out the market to recieve new bonuses.
FAQ – Mosted Asked Questions
What are the Pocket Option bonus terms and conditions?
Traders have access to their account balance any time even if a bonus is activated. It is possible to withdraw profits and all deposited money. In order to withdraw a deposit bonus you have to do a turnover in trading volume of x50 of the bonus amount.
How to apply for a bonus on Pocket Option?
There are different types of bonuses offered, they can be activated via the promo code section and added via the market in the account dashboard. Type in your promo code and activate it.
Can I cancel the bonus?
Yes, you can cancel the bonus on Pocket Option after the activation when you go to the finance menu and check out the promo code section.
(Risk warning: You capital can be at risk)
Abubakar Idris Hashimu
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