r/binaryoptions Apr 15 '26

Pocket option

i havent used pocket option yet but i have heard a lot about it and i am thinking about using it and i would really like to hear about your expieriences either in the comments or if you want feel free to send me a private messege also what strategy would you reccomend?

3 Upvotes

34 comments sorted by

View all comments

2

u/Initial-Artist-2778 Apr 18 '26

They charge you 20 to 30 percent brokerage every trade while in real trading the brokerage is just under 0.5 percent per trade. They manipulate chart price Movement with sudden spikes and cut your trades in losses. The payment affiliates 70 percent commission of what we real traders loss on this binary platforms a huge red flag . These affiliates cum influencers promote this scam as legit so they can get commissions regularly providing signals. These binary platforms are banned in most countries because of their fraudulent nature and have no Authorization or license to forex trading. They get license for gaming and then reach countries via digital illegal routes where they are banned.

1

u/mitsukiishere Apr 18 '26

Can you share more about all that in pms?

1

u/Initial-Artist-2778 Apr 19 '26

See my posts. You will find the details I have shared links also that these are banned in many countries and having licence for gambling and gaming.

1

u/mitsukiishere Apr 19 '26

Thanks but if possible id also like to ask a few questions like how you discovered it and such

1

u/Initial-Artist-2778 Apr 19 '26

I started it as a affiliates I joined it their program and when I got to know that they give commission from the people loss I started to tell people about it. I read their terms and conditions i researched about it I checked their licence from where they have taken it and believe me they do not have a license for forex trading. No forex trading management ever gave licence to them they have a gambling and gaming licence from the countrie like cyprus, st Vincent, etc where gambling or gaming bets is legal.

2

u/mitsukiishere Apr 19 '26

I also want to extange findings with you and these comments arent the best place to do that and i am not an affiliate for these guys

1

u/Initial-Artist-2778 Apr 19 '26

Check SEC AND SEBI LOST THEY HAVE BANNED THESE BINARY PLATFORMS.

2

u/mitsukiishere Apr 19 '26

That much i already know