1/21/2023 0 Comments Pocket option![]() Investor protection is not guaranteed and the terms to access it are vague.Note also that it is not available for residents of any of the EEA countries, nor in the US, the UK, Japan, or Israel.The FCA has also issued a warning about its unauthorized promotion and selling of financial services. It is not regulated by a government agency or any trusted regulatory authority.On different pages of the website, it says that all brokerage activity is provided by PO TRADE LTD, but on other pages, it names Gembell Limited, which is registered at the Republic of the Marshall Islands, another jurisdiction often seen as offshore heaven. We had difficulties establishing what company is behind Pocket Option.If you want to start your search from scratch, use our proprietary broker finder tool for a tailored recommendation. Read below to find out which brokers we do recommend! Find a reliable brokerĬhoose a reliable broker from our selection of the best stock brokers, best forex brokers, and best crypto brokers for 2022. In this article we highlight a broker that we do not recommend based on the objective research of BrokerChooser’s analysts. We also want to help you to avoid bad experiences. We at BrokerChooser care about our users: we want to make sure you have a good understanding of how investing works, and we have reviewed over 100 brokers to help you decide which fits your needs best. We do not recommend trading with this broker. The UK’s regulatory body, the Financial Conduct Authority (FCA) issued a warning about the company providing services without authorization. ![]() Pocket Option is a non-regulated broker, registered in Saint Lucia and Saint Vincent and the Grenadines, which are both Caribbean countries considered as being an offshore tax haven.
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