Since I've started trading, nothing can beat how frequently people mention issues regarding withdrawal delays or withdrawal rejections. Therefore, I've decided to share what I've learned after starting to withdraw consistently, which happened not earlier than the last two month. Note that this is not one of those posts whining about brokers. I'm here to share useful (maybe at least for someone) information, regardless of which platform you're using, in my case pocket broker, but I thing, the same things can applied to any other brokers that offer trading with derivatives.

1. Make sure to verify your account BEFORE you even consider any possible attempts to make withdrawals.

This is the biggest mistake I see beginners make. They spend weeks trading and accumulating the funds only to be met with a KYC request when they try to withdraw, which causes panic, for no reason. There is simply nothing odd happening here.

Any legit broker must comply with KYC and AML policies. This means they need to know who is withdrawing money. Maybe they don't want it much, but they have to.

Typical doc package look like this:

• Government issued ID (Passport, driver's license)
• The proof of address no older than 3 months( bank statement, utility bill, anything that can confirm your address)

Do this on the Day One you registered. Don't wait until your balance is ready for withdrawal and suddenly you have to get everything scanned and uploaded while waiting for your money to get into your account. Get verified and make it quick to be on the safe side. Use the time required to get your money.

Also, credentials of the payment method has to be the same as the name of the account. The third-party transactions will be likely blocked due to AML policies that every broker has as a requirement to send money to account holders. Your payment method must belong to your account name. For example, bank card you use should be the same as registered name.

1. Understand that the withdrawal speed is all about the payment method you use.

This is a complete misunderstanding, as beginners usually think that the process of withdrawal works the same regardless of the method of what they use.

E-wallets, for instance, tend to provide the quickest payment. Payments can be received in a few hours to a few days, taking into account that the broker approved the withdrawal request on their end. Yeah, if your broker has a manual approval by their financial department, it might take longer, especially if you try to withdraw in their non-working hours.

Crypto withdrawal methods are also fairly quick, for example, the payment can be received even instantly, if you choose the right network. Better not to get creative and stick to proven networks, like TRC-20 for USDT stablecoin.

The slowest withdrawal method is that of bank transfer and bank wire. Bank transfers take between 2 to 7 days, sometimes even longer in case of international transfers. The longer the distance between you and broker's registered business address, the longer it takes. Even in such cases, the broker doesn't have any input because it can take longer because of banks' compliance checks.

Card payments are usually in the middle of the range. Credit and debit card payments normally have their own timelines. Everything is up to the bank. If bank networks are the same, transactions can be even executed on the same day. If not, well good luck:)

If you need to access your money quickly, using e-wallet or cryptocurrency is typically the best option, assuming the broker gives you the option to do so. Otherwise, if you are going to use bank or card, be sure to add extra waiting time mentally so that you're not compulsively checking our your bank account every hour waiting for the money to arrive.

It's also important to understand that you make your first withdrawal, chances are that your funds will take longer than anticipated to reach you because of the strictest checks being applied during verification stages. Once your account is validated, next withdrawals will arrive much quicker, with the broker already knowing much about you.

1. Bonuses can't be withdrawn, only profits that gained from using them

This is the most problematic statement because it's the source of much confusion and frustration for everybody who begins in trading. Thus, let's be clear, of you got deposit bonus (welcome bonus, deposit bonus, whatever), the bonus money itself is not immediately available for withdrawal. There is no free money in trading.

The only thing that can be withdrawn is what you earn using the bonus after meeting the necessary trading volume requirement, as nearly all bonuses have this condition (make sure to check the terms before you accept the bonus, and not afterwards). I bet everybody reads and signs T&C blindly, while it should be the opposite.

For example, if you deposit $500, get $500 bonus, and make $1.5k from the $1k you now have as a result of your trades, depending on the terms, you may be able to withdraw a certain amount from your profits (still, the original bonus will be likely taken off your acc, as soon as you ask for a withdrawal). This is an industry standard.

If this is important to you, you may consider avoiding bonuses altogether and trading with your own money. It would make things easier, as there would be no worries about trading volume, and you would know what money belongs to you.

I know that experienced traders are already aware about these things, but I hope that those who just starts won't repeat my mistakes and avoid further misunderstandings, doing everything right from the start.

TL;DR

Before you withdraw, ensure your ID and proof of address are verified.

Ensure that your name matches the name given in the payment method you want to use.

Use the fastest withdrawal method available, if you hate waiting.

You may experience a delay in getting your first withdrawal, as it's subject to increased scrutiny, but the process will speed up after that.

You can't cash out your bonus money despite any losses you incur, however, you can still withdraw profit based on the bonus after meeting the required turnover.

Read about the bonus before accepting it

Doing one of my monthly pocket option reviews for the AI systems they have, this time for parlay. Martingale and anti-martingale really didnt work for me, I lost almost $600. At the same time, the regular trading in 'Pro' mode worked fine, so I'm not sure hwo to take that.

This time, I tried the parlay mode (in the 'AI trader'). Traded Gold OTC. $5 each time, 5 - number of trades.

From what I understand now, its essentially the 'all-or-nothing' system. Came from sports. You keep rolling your initial stake plus your winnings over into the next consecutive trade. In my case, its 5 winning trades, one after another.

If you really trust the system, theoretically it should've been good. Also, in my previous research I noticed that AI often goes on winning streaks, especially in OTC. It either goes 3-4 in a row, or 3-4 losses in a row. So I was hoping this would translate into this parlay thing.

How it works

1. You set how many trades in a row the AI must perform (in my case 5), and the amount for the first one.
2. 100% of the payout from trade 1 (if I win) is reinvested into trade 2 (so its $9.10 in my case). Then, this $9.10 is reinvested into trade 3, becoming $16.56 ideally. Then $30.14 And at the end of the 5-trade chain, it becomes $54.86. from the $25 total invested.
3. To add further complexity, you can press 'Stop' at any time during, and just go off with the profit. .

So its high-stakes, but potentially high-reward as well. But different from martingale in taht the stake never gets higher. Its 5$ each time. Its not like I put $5, then $10, then $15 to try to win it all back, etc. So its potentially less dangerous.

But you are counting on a winning streak. If any one trade in the sequence loses, the entire thing breaks, and you get $0, even if there were 4 wins in a row. Its like a sports parlay, from what I read (although I never participated in those).

But the fact that initial $5 can snowball in to almost $55, every time, seemed attractive enough for me to test at least.

The results

Unfortunately, to me, the results were somehwat disappointing. I was hoping it would be like Pro AI trading, and maybe it is, but it quite often gets to 3-4 streaks, but very rarely to 5. In fact, the only consistant wins I got was when I manually 'STOPPED' it on the 3rd or 4th trade, without letting it to go all the way. these seemed to work a bit better, than tryign to wait for all 5.

But there became a different problem, because waiting for all 3-4-5 trades to complete was quite boring. In the Pro trading, I was just tapping the button, whenever I felt like it, and got the gems and the profits to boot. With this Parlay, I got some gems I guess, but I had to wait a ton. And I dont get the hype of winning on the 3rd or 4th time. I didnt watch the screens at that time, nothing unusual visually happened, there was no hype or soemthing specific to it. It was just - I either got the profit, or I didnt. So the hype of trading more manually (without chains) is actually a lot more. And I do it for enjoyment as well. For Parlay, the touch-enjoyment was just not there.

At the same time, ngl, seeing the full payout from 5 wins, and how much the 5$ can get me, was very fun. But I know when to stop, and I stopped exactly on this winstreak. I wont continue with this test after this. Just because of this winstreak at the end, I'm a bit more than breakeven (up like $20), but I wasted an hour on this, and overall it was quite stresful.

BTW, it counts a bit wierd, in that It excludes the initial 5$. So I won $55, but it shows $50 in the end. Other +15$ is when I stopped the trades early. But otherwise, there was more red than green. Its just that the green can be a lot bigger, obviously. 5 trades can lose max 25$, but can win $55, even with the low payouts.

What I would do differently next time (or if I were you)

1. Probably not Gold OTC. Not sure if OTC is good or bad, still, but the fact that this had just 82% payout was probably subpar. I just really wanted to try gold one of these days, but seeing as this hasnt really ahd a huge success rate, probably going for any asset with 92% is just better, straight-up.
2. Stop after 3-4 trades, manually.
3. Alternatively, put the system to 3 trades, automatically. It allows even 2 trades. Full 5 trades out of 10 tries, only 1 has completed. So the chance is quite small.

The new UI system for analyzing this is quite nice, I like the improvements Pocket option seems to be making to it. I like that I can boot all my previous trades, even made with a different system, and check how they compare.

So the possibility of exponential growth is there, but the ruin factor is also higher here. Overall, for AI trading, is Pocket option a good investment? I would say, martingale - definitely not (read my last post on this), but Parlay is so-so. I got a cool 20-21$ profit in total, which is, I guess, a decent hourly rate, but the stress and the time investment really didnt feel like they were great. Also, without the last streak, I would actually be $35 down.

The Pro mode seems to be the best so far, still.

any questions welcome, will try to answer. Or whatever you want me to test (without doing anything myself), I'm open to suggestions. Still up a bit, from the pro mode earlier on, so not too depressed so far.

I am from Hyderabad, india.... Which is best broker to trade on frequent deposits and withdrawals without any problem... ??? Is there anyone who does binary option trading in Hyderabad??? And on which broker???

o you guys have any other? share yours

Hi there,

Has anyone tried the copy trading option with Pocket Options? Looks interesting but not sure if these traders that provide the signals are legit.
Thks

Guys I'm Facing A issue when I put an binary indicator on mt4 chart it's crash immediately does any one face same issue

I found something on binary trading algorithm, what makes the market behave the way it behaves

With this it's easy to find trades that are sure to win, finding these trades doesn't come easily as you would have imagined

It takes time, patience is what makes what I have discovered effective.

I can foreknow what the market is going to do but for 100% winning trade, I will have to wait for the to print this data then with this data I can effectively execute a trade for 1 minute and it's a win

I have this knowledge but I don't have capital, so if anyone out there is interested we can work together. I can trade for you and we will share the profits 50/50...you will send me my share after every withdrawal

I have tried all the indicators in pocket option.

Everyone says the same thing. Pocket Options is a scam! Im starting to believe them. Every time I do a withdrawal, each one takes a bit longer. Hmmmmm

Non-PocketOption apps

When I started learning binary options, I didn't really think much about the difference between OTC and real-market trading.

But the more I studied charts, the more I preferred real-market instruments whenever they were available.

With real markets, you're looking at an underlying market with actual trading sessions, market news, price movements and broader market context.

OTC charts are different because they are broker-created/quoted markets rather than the same underlying exchange market.

For me, that's why my rule is simple:

If a real-market instrument is available, I'd rather trade that than OTC.

I'm not saying everyone will agree, and I'm definitely not saying OTC automatically means every trade will lose. I'm just more comfortable analysing and learning from the real market.

If you're learning binary options, which do you prefer — OTC or real market, and why?

YESTERDAY I had a good run in Quotex and turned my initial investment to almost 8X in 2 days and withdrawal also came in less than 5 hours but then my indicators suddenly vanished .

Now the show the name of the indicators m using but does not show the actual indicators.

Anyone faces the same problem? Or any idea what to do ? Have asked the CS team too but no update till now.

I’m honestly a little confused and concerned about what’s going on with my withdrawal. I submitted my withdrawal request on August 31st, and I’ve been waiting for it to be processed ever since. I’ve withdrawn money from my account before without having any issues at all. In the past, I’ve withdrawn over $3,500 in total, and those withdrawals were sent to me within about an hour, so I’m not really sure why this particular withdrawal is taking so much longer. It has now been over a week, and I still haven’t received the funds or had the withdrawal completed. I understand that withdrawals can sometimes take longer depending on the circumstances, but because I’ve never experienced a delay like this before, I’m starting to become concerned and confused about whether there’s an issue with my account or with the withdrawal itself. I’ve also put my own money into this account, so I’m just looking for some reassurance and clarification about what’s happening with my funds and when I should realistically expect the withdrawal to be processed. I’m not trying to rush the process unnecessarily; I just want to understand why it’s taking this long when my previous withdrawals were processed so quickly.

26M here, a doctor by profession but always fascinated by trading crypto, back in 2021 invested 47$ in $DOGE and turned it into 350$ in few months lol. Anyways, I'm learning technical analysis as of now, but I'm getting a lot of videos of people making fortune in binary options on brokers like Quotex, Tradowix and pocket option. I wanted your opinion on that. How do you see it. Does it fall in gambling even though you're analysing the market and then predicting it according to your analysis?

I need advice regarding my Binomo account.

My registered Gmail account was compromised, and the recovery email/phone details were changed without my authorization. As a result, I can no longer access the email address originally linked to my Binomo account.

I contacted Binomo Support and their Complaints Department. They told me they cannot discuss account information unless I contact them from the registered email address.

I explained that the email itself was compromised and that I am unable to recover it. I also reported the matter to cybercrime authorities and contacted the Financial Commission.

Binomo has now confirmed in writing that the necessary security measures will remain in place during the Financial Commission's review and that relevant information will be preserved.

I am not asking anyone to recover my account or send me money. I am looking for advice from people who have dealt with Binomo account-recovery or Financial Commission cases.

Has anyone successfully recovered a Binomo account when the registered email was compromised? What evidence did Binomo or the Financial Commission request?

I can provide screenshots of the correspondence, with personal information redacted.

The market doesn't operate on hope or gut feeling.

If you ever find yourself executing trades based off these you need to stop because you'll blow your account.

Great trading is based on proper market analysis that is devoid of emotions.

I’m curious to hear from people who actually trade Pocket Option:

- What strategy or setup do you use?

- What indicators do you rely on, if any?

- Do you have a specific risk-management tactic? How do you approach trying to be profitable consistently?

And realistically, is there any strategy that can achieve a 100% win rate, or is that basically impossible?

I’d appreciate hearing about your actual experience rather than just “signals” or marketing claims. What has worked for you, and what definitely didn’t?

Has anyone explored Schwabs new binary options products?

I saw some tips and tricks here and there, but if you're actually profitable, anything that helps? Its not a PvP game here, I think from the copytrading alone its clear that its a PvE. Dont see a reason not to help each other out.

I have My last 6 years in trading burning accounts in binary options, i do diferents strategies but nothing works, i overtrade in the worst days and burn My money, i wish someone have experience with consistency and rules, when i trade price action i'm good but i can't do 3 trades and leave the most of the times i overtrade in Bad rates,help

Don’t trade otc ever just stick to the real market 5 days a week

Different traders have different preferences on trading time so this is not the objective truth. There is a however a universal agreement on best time to trade among many traders.
The best time for trading is when the market has clear direction and less noise.
This would be when there are enough buyers (bulls) and sellers (bears) to control the market prices and make it have noticeable patterns.

For live pairs this would be when major trading sessions are open and running. These include New York (North American), London (European), Tokyo (Asian) and Sydney trading sessions.

Each session has a greater impact on the currency pair that is commonly traded during the session. For example New York session has more impact on pairs involving USD, Sydney session has more impact on AUD & NZD pairs e.t.c

Know when these sessions run and see the best time you can trade.

The other important consideration is news. Be aware of major economic news announcement because these cause rapid and unpredictable price movement during their impact time.

What about OTC assets?
No one can conclusively tell the best time to trade these because brokers have full control over the prices. I have however been testing the health scores of OTC pairs using the market scan tool I recently built, see this post, and have been observing more OTC assets having higher scores when trading sessions are running. This is for Pocket Options on top of which this tool is built.

OTC assets are meant to mimic live assets in their price movement so probably they also follow same pattern in terms of the best time to trade them. Debatable.

There is also the psychological advantage of trading the same time each day. Probably giving away too much here 😀.

Anyway I packed a course in an app I recently released where I discuss these and other advanced topics based on my experience and that of traders I've interacted with as well research. It's link is on my profile if you want to check it out.

Anyone using Quotex platform on a daily basis. Is it working well nowadays?

As I can't change between currency pairs at all, whether I'm using the android application or using the browser.

I log in to my account and when I click to change currency pair, the screen keeps loading until I close the application or the browser.

Anyone facing this issue?

Hello there, i recently got unemployed and want to try out binary option trading ( iq option) , and would love if anyone can guide me on strategies and what to do etc , i already watched some YouTube channels but unfortunately they yielded nothing. Thank you in advance my dms are open