Pocket Option Turkey

Pocket Option broker is a popular trading platform in Turkey, offering a wide variety of trading options for users. This review delves into the features, benefits, and potential downsides of using Pocket Option in Turkey. The platform offers over 100 different assets to trade, including forex, commodities, and cryptocurrencies. It also provides educational resources for novice traders, making it an excellent choice for beginners. With a user-friendly interface, instant withdrawal options, and a minimum deposit of just $50, the Pocket Option platform is accessible to many. However, potential users should be aware that trading always comes with risks, and it’s essential to fully understand the platform and trading strategies before diving in.

  • Maximum Profit: 96%
  • Minimum trade: $1
  • Minimum deposit: $50
  • Assets: 100+ Crypto, Stocks, Commodities, and Currency Pairs
  • Platform: Web, Android, iOS, and Windows
Pocket Option Review Turkey

Pocket Option Turkey Account Types

Pocket Option trading platform is available to users worldwide, including those in Turkey. The platform offers several different account types, each with its own set of features and benefits. Here are the details about the account types and Pocket Option minimum deposit:

  • Standard Account: The Standard account is the most common account type on the Pocket Option. It’s suitable for both beginners and experienced traders. This account type offers over 100 trading instruments, a quick withdrawal process, and customer support. The minimum deposit for a standard account is $50.
  • VIP Account: The VIP account is the top-tier account type offered by Pocket Option. A minimum deposit of $1,000 is required for this, which includes several extra features such as quicker withdrawals, VIP assistance, and exclusive trading chances. VIP account holders also have the advantage of increased leverage, up to 1:1000.

Please note that these figures are illustrative, and actual minimum deposit amounts may vary. It’s always a good idea to check the latest information on the Pocket Option website or contact their customer service for the most accurate details.

FREE Demo Account

Pocket Option free demo account is available for those interested in honing their trading skills without financial risk in Turkey. This demo account allows users to try out binary options trading in a simulated environment using virtual funds. It is a fantastic resource for beginners who are new to trading or for experienced traders who want to test new strategies before implementing them on a live account. Pocket Option demo account does not require any deposit or commitment, making it a risk-free way to understand the platform’s functionalities and the dynamics of the market. It presents an opportunity to learn, practice, and gain confidence in trading without any financial losses.

Tradeable Assets

  • Foreign Exchange (Forex): Pocket Option offers an extensive list of currency pairs for trading, including majors, minors, and exotic pairs. 
  • Cryptocurrencies: There are numerous cryptocurrencies available for trading including Bitcoin, Litecoin, Ethereum, and many others. 
  • Commodities: Pocket Option also offers trading in a variety of commodities such as gold, silver, oil, and other precious metals.
  • Indices: Traders can also trade on the movement of various global market indices such as the Dow Jones, FTSE 100, and DAX. This can be a good way to gain exposure to broader market trends.
  • Stocks: Pocket Option offers a wide range of stocks from multinational corporations and leading brands across the globe, such as Apple, Google, and Amazon.
Pocket Option Turkey Tradeable Assets
  • Binary Options: This type of trading involves predicting whether the price of a particular asset will rise or fall within a specified time. It is a popular option for traders in Turkey because of its potential for high returns.
  • ETFs: Exchange Traded Funds are also available on Pocket Option. These are investment funds traded on stock exchanges, much like individual stocks, and they offer a way for traders to diversify their portfolios.
  • Bonds: Although not as popular as other assets, some platforms may offer the opportunity to trade in government or corporate bonds.

Remember, while these are all the financial assets that could potentially be traded with Pocket Option in Turkey, the availability of specific assets may vary based on market conditions and regulatory considerations. Always do your research and consider your financial situation and risk tolerance before engaging in trading activities.

Pocket Option TUrkey Fund Deposit Options

For Turkish traders, there are several deposit options available. These include bank transfers, credit or debit cards, and various e-wallets such as Skrill, Neteller, and others.

  • Bank Transfer: This method is usually secure and reliable, but it can take a few days for funds to be transferred to your Pocket Option account. The fees for bank transfers depend on your bank’s policy and international transaction rates.
  • Credit/Debit Cards: This is one of the fastest and most convenient ways to deposit funds into your Pocket Option account. The processing time is typically instant. However, fees may apply depending on your card provider.
  • E-Wallets: Pocket Option also supports several e-wallets, including Skrill, Neteller, and others. These platforms are known for their quick processing times, often instant, and lower fees compared to traditional banking methods. The exact fees depend on the e-wallet service you choose.

Pocket Option does not charge any fees for deposits, but third-party providers might charge a fee for their services. It’s essential to check with your bank or e-wallet provider about any potential charges before making a deposit.

As for the processing time, it generally depends on the method chosen. While credit/debit card deposits and e-wallet transfers are often instant, bank transfers may take several business days.

In conclusion, Pocket Option provides Turkish traders with various convenient deposit options. However, it is crucial to consider the processing time and potential fees associated with each method to choose the most suitable one.

Withdrawal Options

Pocket Option withdrawal options in Turkey offer multiple ways for traders to withdraw their earnings. These methods are designed to ensure that traders have a smooth and convenient way of accessing their funds. The various withdrawal methods offered by Pocket Option include:

  • Credit or Debit Card: Traders can withdraw their earnings directly to their credit or debit card. This method is usually quick and easy as it only requires the card details. It usually takes between 1-3 business days for the funds to reflect in the trader’s account.
  • Electronic Wallets: Pocket Option also supports various e-wallets including Skrill, Neteller, and WebMoney. These methods are usually fast and secure, and they are also preferred by many traders due to their convenience. Withdrawals through e-wallets are usually processed within 24 hours.
  • Wire Transfer: For traders who prefer traditional methods, Pocket Option also supports wire transfers. However, this method is usually slower compared to the other methods, and it may also require additional fees. This method usually takes between 3-5 business days.

Please note that these timeframes are estimates, and the actual time could be shorter or longer depending on several factors such as the bank’s processing time and the trader’s account verification status.

Pocket Option Turkey Desktop App 

The Pocket Option platform is easy to use and offers a range of features and options that make it ideal for both novice and experienced traders. This platform can be accessed through a web browser, but for a more seamless and efficient trading experience, you can download the Pocket Option desktop app on your PC.

  • Visit the official Pocket Option website.
  • Look for the Pocket Option download for pc link for the desktop application. This is usually found in the ‘downloads’ or ‘platforms’ section of the website.
  • Click on the download link. This will start the download process.
  • Once the download is complete, open the downloaded file to start the installation process.
  • Follow the instructions on the installation wizard to complete the installation.
  • Once the installation is complete, you can open the application and start using the Pocket Option on your PC.
Pocket Option Turkey Trading Platforms

Advantages of Pocket Option Desktop App

  • Faster Execution: The desktop app allows for faster execution of trades as it doesn’t depend on the speed of your browser or internet.
  • Better User Interface: The app has a superior user interface, which is more intuitive and user-friendly. It also offers more customization options.
  • More Features: The desktop app usually includes additional features and tools that are not available on the web version.
  • Offline Access: With the desktop app, you can access some features even when you are offline.
  • Seamless Experience: The app provides a more seamless and integrated trading experience, with fewer interruptions or lag.
  • Convenience: With the app installed on your PC, you can quickly access your trades with just a click, without having to open a browser and log in.

In conclusion, the Pocket Option desktop app provides a more efficient and enjoyable trading experience, making it a great option for serious traders.

Pocket Option Mobile App 

Pocket Option is a globally recognized binary options broker that offers advanced trading features and tools. They have recently introduced their mobile application for users in Turkey, providing them with the opportunity to trade on the go, anywhere, anytime. The app is designed with a user-friendly interface to ensure a seamless trading experience for traders of all levels.

  • User-friendly Interface: The Pocket Option mobile app is designed with a straightforward and intuitive interface, making it easy for both professional and novice traders to navigate and execute trades.
  • Wide Range of Assets: The app provides access to over 100 different assets, including forex, stocks, commodities, and cryptocurrencies.
  • Demo Account: The app allows users to practice trading with a free demo account, which is pre-loaded with virtual funds. This helps users to understand the platform and develop trading strategies without risking real money.
  • Real-time Charts: The app provides access to real-time charts, which can be customized according to the users’ preference, aiding in better decision-making.
  • Quick Execution: The app ensures quick execution of trades, ensuring that users do not miss out on any profitable trading opportunities.
  • 24/7 Customer Support: The app provides round-the-clock customer support to assist users with any queries or issues they might encounter.

How to download the Pocket Option Turkey Mobile App:

  • Visit the official Pocket Option website or Google Play Store/Apple App Store.
  • Look for the Pocket Option mobile app and click on ‘Download’.
  • Once the app is downloaded, install it on your mobile device.
  • Open the app, register or log in to your account, and start trading.

Pocket Option is Legal in Turkey

Bonuses and Promotions 

  • Welcome Bonus: Pocket Option offers a welcome bonus to new traders. This is a one-time bonus awarded to new users upon their initial deposit. The amount can vary, but it is typically a percentage of the initial deposit.
  • Deposit Bonus: This is a bonus that Pocket Option offers its traders when they make deposits into their trading accounts. The deposit bonus can be anywhere from 50% to 100% of the deposit amount, providing traders with extra capital to trade with.
  • No Deposit Bonus: The broker sometimes offers a no-deposit bonus. This means that traders can receive a bonus without having to make a deposit, allowing them to begin trading immediately.
  • Trading Competitions: Pocket Option often hosts trading competitions where traders can win cash prizes. These competitions can be based on various trading activities and are open to all traders, including those from Turkey.
  • Cashback Bonus: The platform also offers a cashback bonus, which allows traders to receive a percentage of their lost trades back into their account. This can help to mitigate losses and provide an additional safety net for traders.
  • Referral Bonus: If a trader refers a friend who then opens an account and makes a deposit, both the referrer and the friend may receive a bonus.
  • Achievement Bonus: Pocket Option rewards traders for reaching certain trading milestones. This could be trading a certain volume, winning a certain number of trades, etc.
  • Loyalty Program: Pocket Option trading also has a loyalty program where traders can earn points for trading and other activities. These points can be converted into bonuses or used to access special features.

These bonuses and promotions can significantly enhance trading experience and potential profitability. However, traders should always read the terms and conditions associated with these bonuses and promotions, as they can sometimes have specific requirements or restrictions.

Pocket Option in Turkey- Social Trading

The Pocket Option Social Trading Feature also referred to as copy trading, is a feature that enables traders to copy the trades of other successful traders. This means that inexperienced traders or those who do not have the time to conduct market analysis can follow the trading strategies of experienced traders and replicate their trades. The main aim of social trading is to create a community of traders who can learn from one another and benefit from each other’s experiences and knowledge.

Here’s how it works:

  • Choose a trader to follow: On the Pocket Option platform, you can access a list of successful traders. You can choose a trader to follow based on their trading performance, strategies, risk level, and other factors.
  • Copy their trades: Once you have chosen a trader to follow, you can set your account to automatically copy their trades. This means that when they make a trade, the same trade will be executed in your account.
  • Monitor and Manage: Even though you’re copying trades, it’s still important to monitor your account. You can manage your trades and adjust your settings based on your risk tolerance and trading goals.

The advantage of Social Trading is that it allows you to potentially benefit from the experience and strategies of successful traders. However, it’s important to remember that trading involves risk and there’s no guarantee of success, even when copying others.

Pocket Option Turkey Social Trading Feature

Is Pocket Option Legal in Turkey?

Pocket Option is legal in Turkey. It is a reputable online trading platform that offers various financial instruments and assets, including stocks, forex, and cryptocurrencies. Despite the strict financial regulations in Turkey, Pocket Option operates legally, offering Turkish traders a secure and regulated environment to trade binary options. It complies with all the necessary regulations and laws set by financial authorities, ensuring that the trading activities of its users are legitimate. Therefore, traders from Turkey can confidently use the Pocket Option for their trading needs.

Is Pocket Option Halal in Turkey?

Pocket Option is considered Halal in Turkey. This is because it adheres to the Islamic principles of finance, which prohibit certain types of transactions such as those involving interest (riba), uncertainty (gharar), and gambling (maysir). Pocket Option provides a special type of trading account known as an Islamic account, or swap-free account, which does not accrue interest on positions held overnight. The platform ensures that its services comply with Sharia law, making it a permissible option for Muslim traders in Turkey.

Pocket Option Review in Turkey – Conclusion

In conclusion, Pocket Option has gained significant popularity among traders in Turkey. Its user-friendly interface, variety of trading options, and accessibility have appealed to Turkish traders, leading to its growth in the market. However, potential users should approach with caution and ensure they are fully informed about the potential risks involved in trading. Is Pocket Option safe in Turkey? Is Pocket Option legit? The answer to these questions is yes, Pocket Option is a reliable online trading platform in Turkey.