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Today…In this article, I am going to talk about one of the most popular trading platforms that i.e Pocket Option.
In this article, I will also cover Is Pocket Option Legal in US?, Is Pocket Option Regulated? & more
About:
Pocket Option is one of the most popular trading platforms that came into existence in the year 2017.
In just 4 years, this platform has gained huge success and popularity currently they are one of the most downloaded trading app from the google play store.
This platform was founded by a team of talented IT and Fintech specialists. The main goal of this platform was to make the trading for traders easy and cheap.
Currently, this platform has over 30 million active users from over 95 countries and regions.
This platform is CFD (Contract for difference) – based. It means that by opening you will have an outcome based on the changes in the price of an asset without acquiring it. When opening a deal on this platform you make predictions about the direction of price development and opening a deal correspondingly.
The outcome of the deal will depend on the direction the trader chose and the actual direction the price moves.
Is Pocket Option Regulated?
Pocket Option is a CFD broker and forex broker that came into existence in the year 2017.
In just four years, this platform has gained huge popularity and is currently one of the most downloaded app in the google play store.
This platform is owned by Gembell ltd and is regulated by ( IFMRRC).
In case you don’t know:
International Financial Market Relation Regulation Center ( IFMRRC ) is a non-commercial organisation created for the purpose of regulating the quality of services provided by brokers and dealing centres, as well as reliability of services provided by participants of the cryptocurrencies market: cryptocurrencies, cryptocurrency exchange markets, cryptocurrency cloud mining services and companies.
The centre employs certification of the financial organisation to achieve its statue purpose.
The certified companies are guaranteed to comply with IFMRRC conditions for the provision of fair and high-quality services to their clients.
Is Pocket Option Legal in US?
I get a lot of questions regarding the legality of Binary Brokers in the U.S.
Well, don’t worry today, in this article I will cover everything regarding the same.
In U. S, It’s perfectly legal to trade Binary Options and for traders to register with any broker including Pocket Option.
However, It is essential for Offshore companies to get certified and get a license from Commodity Futures Trading Commission (CFTC).
Final Point:
Pocket Option is one of the most popular trading platforms that came into existence in the year 2017 which also makes it one of the newest trading platforms.
However, This platform in just 4 years, has gained huge popularity and success as one of the most downloaded trading platforms in the google play store.
Talking about the legality of the platform, This platform is the CFD broker and forex broker. This platform is owned by Gembell Ltd. and regulated by (IFMRRC).
In the United States, It’s perfectly legal to trade in Binary Options & Forex platforms like Pocket Option you can start for as low as $10.
