When you’re into Binary or Forex trading, being able to take out your money whenever you want is pretty great, right? Everybody wants their funds to be safe and easy to access, especially when trading online. That’s where Pocket Option comes in. It’s known as one of the most popular brokers in Binary and Forex trading, and guess what? Users looking to withdraw their money from this broker’s account only have a handful of steps to follow.
Yes, the Pocket Option App facilitates safe withdrawals. Users can follow the platform’s withdrawal process to access their funds.
Pocket Option, like any trading platform, involves inherent risks. Users should carefully assess these risks and consider their risk tolerance before engaging in trading activities.
To withdraw from option trading on platforms like Pocket Option, users typically log in, go to the withdrawal page, choose their preferred withdrawal method, fill in necessary details, submit the request, and await processing. Specific steps may vary by platform.
The withdrawal amount from Pocket Option depends on factors like the user’s account balance and the chosen withdrawal method. There is no upper cap on withdrawal amounts, but users must adhere to the platform’s withdrawal policies and minimum withdrawal limits.
Pocket Option facilitates the movement of funds in and out of your trading account, and the withdrawal fees can vary. These fees depend on factors such as the chosen payment method, your country of residence, or the withdrawal amount. The fees are typically structured as either a flat fee per withdrawal transaction or a percentage-based fee linked to the withdrawn amount. Notably, the withdrawal requirement is notably lower than the initial deposit, with a minimum of $10 for a legal transfer instead of the initial $50. Pocket Option distinguishes itself by not imposing fees or charges on these transfers, a departure from the practices of some other brokers. Withdrawn funds are directly deposited into your credit card or bank account. However, users should exercise caution regarding currency exchange, as certain banks may impose fees beyond the Pocket Option platform.
Methods | Time |
---|---|
Electronic wallets | 4 to 10 hours |
Credit/Debit card | 24 to 48 hours |
Cryptocurrency | 2-3 business days |
Bank transfer | 3-5 business days |
Pocket Option offers various deposit and withdrawal options to accommodate a range of user preferences. These include:
VISA or MasterCard
Use a verified debit or credit card from any country. Balances will be in USD, with Pocket Option’s standard conversion rates applied.
E-Wallet
Accepted E-wallets like Skrill or Payoneer may require verification based on your location.
Wire transfers
Accepts SEPA transfers and international bank transfers, suitable for users without E-wallet access. Verification is necessary, and deposits involve paying an invoice through your bank.
Cryptocurrencies
Pocket Option now accepts Bitcoin and Stellar, catering to crypto-oriented traders. Profits can be converted to Crypto, subject to Pocket Option’s standard conversion rates.
To initiate a withdrawal from your Pocket Option account, follow these steps:
Pocket Option — Homepage
Sign in using your registered email and password. If you forget your password, use the «Forgot password» link for a reset.
Pocket Option — Trading Terminal
Pocket Option — Withdrawal Tab
Upon successful login, go to the Finance section and click «Withdrawal» in the upper right corner, directing you to the withdrawal page to start the process.
Pocket Option — Withdrawal Process
Pocket Option provides diverse withdrawal options, such as crypto, Visa, MasterCard, wire transfer, and e-wallets. Choose the method that suits you, considering the transfer speed associated with your selected payment gateway.
Input necessary information, including the withdrawal amount and account details. Precision is essential to avoid delays or denials of your withdrawal request.
Click the «Withdraw» button after providing the required information. Your request will be reviewed by Pocket Option, and upon approval, you’ll receive an email notification.
The withdrawal method determines processing time. E-wallets typically take five to ten hours, while bank transfers may require up to five business days.
Check your account after the withdrawal processing to confirm the credited amount. If you encounter any issues, contact Pocket Option’s customer support for assistance.
The withdrawal policy at Pocket Option allows clients to submit withdrawal requests under specific conditions. To initiate a withdrawal, clients must have provided their information and accepted the company’s agreement, completing the registration and verification process, which takes approximately 30 business days. The withdrawal amount should not exceed the initial deposit made in one transaction. Pocket Option assumes responsibility for funds from the deposit time until the withdrawal request. The platform reserves the right to deny service in case of suspicious user activity. Withdrawals are limited to the account balance, with no upper cap, and must be processed through the same payment service used for deposits. The minimum withdrawal amount is $10, and fees may apply for amounts below this limit.