Pocket Option: more about the platform
Pocket Option is a relatively new player in the CFD broker market, registered in 2021 in Sydney, Australia. The company is a subsidiary of Quad Code AU LTD and is regulated by the Australian Securities and Investments Commission (ASIC), ensuring a high level of trust and security for its clients.
Key Trading Conditions
Account Type and Minimum Deposit
Quadcode Markets offers a single universal account type, simplifying the choice for traders. The minimum deposit is only $50, one of the lowest in the industry, making the broker accessible to a wide range of traders, including beginners.
Leverage
The maximum leverage offered by the broker is 1:30. This figure varies depending on the type of asset:
- For currency pairs – up to 1:30
- For stocks and indices – from 1:5 to 1:20
Spreads and Commissions
Quadcode Markets does not charge trading commissions, which is a significant advantage for traders. Spreads are floating, averaging around 0.15 pips, and can reach up to 1.3 pips depending on market conditions. There are no hidden fees or withdrawal charges, making the conditions transparent and attractive for clients.
Deposit and Withdrawal
Deposits: Instantaneous, supporting VISA and MasterCard cards, as well as electronic payment systems Neteller and Skrill.
Withdrawals: Takes 3-5 days, with no withdrawal fees.
Trading Platform
Quadcode Markets provides its proprietary trading platform, available in both desktop and mobile versions. The platform features:
Security and Regulation
Quadcode Markets is regulated by ASIC, ensuring robust protection of traders’ rights. Additional security measures include:
- KYC Verification: Client identity verification to prevent fraud.
- SSL Protocols: Data encryption to protect client information.
Segregated Funds: Client funds are kept separate from company funds, reducing risk for traders.
Trading Instruments
Quadcode Markets offers a wide range of CFD instruments:
- Currency pairs
- Stocks
- Indices
- Precious metals
- Energy
A total of over 300 assets are available, allowing traders to create diversified portfolios and manage risks effectively.
Customer Support
Customer support is available 24/7, providing assistance via email and the support center in the Personal Account. Clients can expect prompt resolution of their queries and issues.
Advantages of Quadcode Markets
- Simplicity in Account Selection: One universal account with a low minimum deposit.
- No Trading Commissions: Transparent conditions and no hidden fees.
- Powerful Trading Platform: Wide functionality and intuitive interface.
- High Security Standards: ASIC regulation, KYC verification, SSL protocols.
- 24/7 Support: Customer support available around the clock.
Conclusion
Quadcode Markets is a reliable and attractive broker for traders working with CFDs. Transparent conditions, a low minimum deposit, no commissions, and a powerful trading platform make it an excellent choice for both beginners and experienced traders. ASIC regulation and high security standards ensure client trust and protection.