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POCKET FOREX

No Regulation
Australia
,
Since 2019
Last Updated:
30/100
Overall Score

Trading Conditions

Min Deposit:
USD5
Max Leverage:
100
Account Types
StandardStandardStandard+2 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

Visa

credit card
3 days
Fee:
Free
Fee:
Free

Mastercard

credit card
3 days
Fee:
Free
Fee:
Free

Bank Transfer (SEPA/SWIFT)

bank transfer
3 days
Fee:
Free
Fee:
Free

Skrill

e wallet
Instant
Fee:
Free
Fee:
Free

Neteller

e wallet
Instant
Fee:
Free
Fee:
Free

Perfect Money

e wallet
Instant
Fee:
0.1%
Fee:
0.1%

Payeer

e wallet
Instant
Fee:
Free
Fee:
Free

Qiwi

e wallet
Instant
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 10%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
10%Poor
Symbol
0%Poor
No Regulatory Licenses
This broker currently has no verified regulatory licenses on file.

Company Information

Full Name:POCKET FOREX
Founded:2019
Headquarters:Australia
Enterprise Offices:N/A

Customer Support

Phone:
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction and Overview

POCKET FOREX is a trading brokerage firm that will offer access to forex and possibly other financial instruments, welcoming traders looking for action in currency markets.

Despite the growing interest in POCKET FOREX, publicly available information about the broker remains scarce.

History and Background

Unfortunately, detailed background information and historical development of POCKET FOREX cannot easily be fetched from official or third-party sources. There is no confirmatory data with regard to the company's date of establishment, its headquarters address, or names of key management personnel. Such an unpromising situation hinders any attempt to assess broker experience and time of operation on financial markets.

Key Features and Offerings

Since no verified information is available on the additional services like education, market analysis, or customer support frameworks that POCKET FOREX provides, traders with an interest in this broker will be best seeking direct lines of communication to sort these questions out before investing money.

Licensing and Regulatory Compliance

One of the most important parameters to decide on the reliability of any trading broker is to assess it in terms of regulatory oversight. In this regard, there is no verified information confirming that POCKET FOREX is licensed by any of the recognized financial regulators. The official website and other virtual sources for the broker do not list any regulatory agency or their licensing number.

This lack of regulatory data is a sure case for concern with the broker's conformation to industrious standards and protection policies for investors. For traders, it is recommended that they use brokers whose regulatory status is known for security and legal purposes.

Regulator

License No.

Status

Limited information available – no confirmed regulatory licenses for POCKET FOREX

Trading Conditions and Platform Technology

The very basis of assessing a broker's appropriateness for trading conditions includes spreads, leverage, the requirements for the minimum deposit, and platform technology. It is unfortunate that specific details on the trading conditions of POCKET FOREX are not available to the public.

It is not possible to find any information whether the broker supports the most popular trading platforms MetaTrader 4 or 5, or proprietary software. Also, data on the execution speed, types of orders, and tools for trading that are supported is not presented, which complicates the assessment of technical capabilities of the broker.

Condition of trading

Details

Spreads

Limited available information

Take an advantage

Limited data are available

Minimum deposit

Limited available information

Trading Platforms

Limited information available.

Fee Structure

The fee structure should be transparent so that the traders know the cost impact of their trading. It is sad to note that there is no verified information as regards deposit fees, withdrawal fees, commissions, or other charges with POCKET FOREX.

Without clear fee disclosures, traders cannot calculate the potential costs correctly or compare POCKET FOREX with other brokers. Lack of transparency is one of the biggest factors for consideration with this broker.

Fee Type

Details

Fees for Deposits

The information is less available.

Fees Withdrawal

Information limited

Commission

Limited information is available.

User Experience and Market Reputation

Market reputation and customers' feedback are indicative of the broker's reliability and quality of service. In the case of POCKET FOREX, there is a significant lack of verified customer reviews or testimonials. The limited online presence and lack of community discussions make it impossible to assess customer satisfaction or recurring problems.

No usable evidence of withdrawal problems, website inaccessibility, or responsiveness of customer support can be found. However, the absence of information in and of itself indicates that traders should be very cautious with POCKET FOREX and invest only after doing all necessary due diligence.

Recent Developments

By the time of writing the review, no updates or announcements related to new features, partnerships, or expansions were publicly available with respect to POCKET FOREX. No news or insights into on-going developments is provided via the broker's official channels.

Therefore, traders interested in POCKET FOREX should follow the official notifications closely and seek direct contact for up-to-date information. Keeping up to date is very important in these quickly evolving financial trading markets.

Conclusion

POCKET FOREX remains a broker shrouded in limited publicly available information. While it is identified as a trading broker, critical details about its background, its regulatory status, trading conditions, fees, and actual user experience are not available. This absence of information creates difficulties for traders who aim to assess the credibility and offers of the broker. Prospective clients are advised to exercise caution, which can be better prioritized with brokers whose regulatory licenses, fee structures, and user feedback are clearer and more verifiable. Until more comprehensive information comes around, POCKET FOREX should be carefully considered within the broader context of risk management in financial trading.

Regulatory Licenses

Compliance & oversight

No Regulatory Licenses

This broker does not have any verified regulatory licenses on file.

Trading with unregulated brokers carries significant risks.

Account Types

Trading account options

5 types
Standard
Standard
Min Deposit USD 100 • Leverage 1:500 • Commission Not specified
Min DepositUSD 100
Leverage1:500
CommissionNot specified
Standard
Standard
Min Deposit USD 100 • Leverage 1:1000 • Commission Not specified
Min DepositUSD 100
Leverage1:1000
CommissionNot specified
Standard
Standard
Min Deposit USD 50 • Leverage 1:400 • Commission Not specified
Min DepositUSD 50
Leverage1:400
CommissionNot specified
Standard
Standard
Min Deposit USD 50 • Leverage 1:777 • Commission Not specified
Min DepositUSD 50
Leverage1:777
CommissionNot specified
Standard
Standard
Min Deposit USD 500 • Leverage 1:400 • Commission Not specified
Min DepositUSD 500
Leverage1:400
CommissionNot specified
5
Total Types
1
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

17 methods
Visa
Credit Card3 min
Deposit
Fee:Free
Min:USD 5
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
Withdrawals only to same card used for deposit; external conversion fees possible; payout restrictions on some cards.
Mastercard
Credit Card3 min
Deposit
Fee:Free
Min:USD 5
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
Withdrawals only to same card used for deposit; external conversion fees possible; payout restrictions on some cards.
Bank Transfer (SEPA/SWIFT)
Bank Transfer3 min
Deposit
Fee:Free
Min:USD 5
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
Withdrawals only to same bank account used for deposit; larger withdrawals may take 2-5 business days; possible external fees.
Skrill
E-WalletInstant
Deposit
Fee:Free
Min:USD 5
Max:N/A
Withdrawal
Fee:Free
Min:USD 10
Max:N/A
Withdrawals only to same e-wallet used for deposit; some regional restrictions apply; external fees possible.
16
Free Deposit
17
Instant
3
Crypto

Trading Platforms

Professional trading tools

1 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with POCKET FOREX: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark POCKET FOREX at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for POCKET FOREX

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

2 sites
🌐
https://www.pocketfx.net/zh/home-cn/
Unknown
Active
SSL
🌐
https://www.pocketfx.net/zh-tw/home-tw/
Unknown
Active
SSL
2
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

2 platform

Comments

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