What Account Types and Fees Does Pocket Option Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners |
Access to various trading instruments, zero commissions |
Minimum deposit of $50 |
| Pro Account |
Experienced traders |
Higher leverage (1:1000), advanced trading tools |
Minimum deposit between $1,000 and $2,500 |
| VIP Account |
High-volume traders |
Priority support, personal account manager |
Minimum deposit of $5,000 |
| Demo Account |
All traders |
Practice with virtual funds, zero risk |
Free with virtual funds |
Account Opening Process
Opening an account with Pocket Option involves several straightforward steps. First, you visit the official Pocket Option website and choose to open either a demo or a real account. For a real account, you will select the specific account type (Standard, Pro, or VIP). After clicking the registration button, you will need to provide your email address and create a secure password, or you can register using your Facebook or Google account. Following registration, identity verification is required, which involves submitting documents such as an ID and proof of address. This process may take up to three business days. Once verified, you can deposit the minimum required amount and start trading. There is also flexibility to upgrade your account type later, depending on your trading needs.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
0.8 |
$0 |
No commission on trades |
| CFDs (Stocks, Indices) |
1.0 |
$0 |
No commission on trades |
| Cryptocurrencies |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
In addition to trading fees, traders should be aware of the following potential costs: there may be deposit and withdrawal fees depending on the payment method used, inactivity fees could apply if accounts remain dormant for an extended period, and overnight interest (swap rates) may be charged on positions held overnight. Additionally, currency conversion fees may apply if trading accounts are not in USD.
