Some netizens said that they deposited $1,000 on the Pocket Option platform but have not yet received it, and the funds are also missing.

We reviewed Pocket Option and found doubts.

About Pocket Option

Pocket Option entered the binary options market in 2017 and created quite a name in the industry. Although some online binary options brokers have a poor reputation, Pocket Option is among the most trustworthy binary options trading platforms.Pocket Options has more than 100 trading instruments available to trade and various payment methods for foreign investors.

UnRegulated

Pocket Option is not a compliant broker as advertised.

Pocket Option is ONLY registered with SVG FSA， but SVG  FSA doesn’t regulate forex trading.

The platform claims to provide financial derivatives trading services. It is operated by Gembell Limited. The company’s registration information is located in Marshall, registration number: 86967, and is regulated by Russia’s IFMRRC. Certificate number: TSRF RU 0395 AA Vv0158. However, please note that neither Marshall nor IFMRRC in Russia regulates financial derivatives, and it is obviously a platform without any supervision. In addition, this platform has been listed as a warning by the British FCA, please stay away!

In addition, another website https://po.trade/en/ has also been included in the warning by the Italian CONSOB, please stay away!

We advise you to avoid unverified binary options brokers for the risk of losing your deposit.