How to Make Money on Pocket Option? (Things to Do to Profit Big Time)

Pocket Option Overview

Pocket Option is one of the leading binary options trading platforms. Instead of directly buying or selling currencies, stocks, or other assets, the platform lets you speculate on their price movements within a specific timeframe.

It also allows you to trade other assets like cryptocurrencies and forex pairs. You can also make money without trading through its affiliate program, which rewards you for recommending new traders to the platform.

How to Make Money on Pocket Option?

I’ve been trading on Pocket Option for a while and have discovered several ways to earn on the platform. Below are some of the best ways to make money on Pocket Option.

Social Trading – Copying Experienced Traders

Pocket Option accommodates new traders with its social copy trading feature. If you’re an inexperienced trader, the feature connects you to some of the most successful traders on the platform, giving you access to their profiles and performance history.

If their track record aligns with your trading goals, you can automatically copy their trades and place them proportionally to your intended trading amount.

Therefore, if the trader you copied opens a position worth $500 and your available balance is $50, the site will automatically replicate the trade with your $50.

To start social trading, familiarize yourself with the Pocket Option using the demo account. Next, go to the Social Trading section, scroll through the successful traders, analyze their trading statistics, and choose who to copy. You can also decide to watch them and keep track of their trading activity.

Trading with Binary Options

Pocket Option is mainly known as a binary options trading platform. Unlike traditional trades where you buy and own assets like stocks or crypto, binary options focus on predicting the prices of these assets at a particular point in the future.

For example, if you anticipate that the price of gold will be higher in the next 1 hour, you can enter into a “call” contract on the Pocket Option. On the other hand, if you think the price will be lower in the next hour, you will enter into a “put” contract.

It’s important to note that you don’t own any gold here. You’re only speculating about its future price. Pocket Option will calculate your potential profit upfront. This payout ranges from 50% to 200%, depending on what you are speculating and its market volatility.

Trading with Stocks

Trading stocks is a more traditional form of trading. It involves buying small portions of existing companies and selling them for a profit.

For example, if you buy Apple stock, you technically own a small portion of Apple. If demand for Apple ownership continues to rise, the stock price will increase, and you can sell your stocks for higher than you bought them.

If you hold on to your stocks, you can also earn through dividends. These are the profits that some companies share with stakeholders. Dividends are often cash payments distributed per share you own.

Pocket Option allows you to buy, sell, and hold stocks from all the famous companies in the NASDAQ and NYSE.

Forex Trading

Pocket Option also allows you to make money by trading forex. This involves speculating the movement of currency prices. Unlike trading stocks, forex exchange doesn’t require buying any currency.

Instead, the site offers binary options for forex trading, which allows you to predict the currencies that will go up or down compared to each other.

Starting forex trading is accessible on the Pocket Option. Once you’ve had enough experience on the demo account, select one of the real forex accounts, make your deposit, and start speculating gains and losses between the dozens of forex pairs.

Promos & Bonuses

Besides the countless trading opportunities, Pocket Option offers different promotions and bonuses.

Every new user is entitled to a 50% first deposit bonus if they deposit at least $50, use the promo code 50START or at least $100, and use the promo code WELCOME50.

Other Pocket Option bonuses include:

• No deposit bonus: Awarded on request to specific traders who’ve spent significant time on the demo account but haven’t made their first deposits.
• Cashback bonuses: Automatically activated if your losses exceed profits for a specific period.
• Social copy trading bonuses: These are sometimes given to traders who copy successful trades.

The bonuses above are just a few of the many Pocket Option offers its users. Since most bonuses are time-limited, you should look out for them whenever you’re on the platform.

Promote the Affiliate Program

Finally, you can earn on Pocket Option without trading through its affiliate program. The program gives you a unique sign-up link to share on Facebook, Instagram, your blog, website, or any other forum.

You earn a commission if a new user registers to Pocket Option using your link and makes your deposit. The commissions vary depending on how many active traders you’ve referred to the site, with higher rates going to the affiliates who’ve referred more clients.

The affiliate program is also a great way to earn on Pocket Option if you’re in a country where trading on Pocket Option is banned, such as the US, UK, Israel, and Japan.

Can You Make $5,000 Per Month on Pocket Option?

Making $5000 per month on Pocket Option is possible, but it depends on a few factors. To make $5000 on trading alone, you must be an experienced trader, trade higher amounts, or copy successful traders with large amounts of money.

On the other hand, you need to market Pocket Option to a high-traffic source to make $5000 monthly from the affiliate program.

However, if you combine all the earning opportunities above and take enough time to learn how Pocket Option works, you can make more than $5000 per month.

Is it Risky to Use the Pocket Option to Make Money?

Trading on Pocket Option, like other trading platforms, can be risky because most trades are speculative, and they can be affected by various factors. Therefore, it’s crucial to understand how to trade before committing your money. You should test out a demo account if you haven’t used this platform before to see if you gain or lose money first.

What is the Safest Way to Use the Pocket Option to Make Money?

While most trades have an element of risk, Pocket Option allows you to make money in an almost risk-free way through its affiliate program.

It’s free to join the program, and Pocket Option provides marketing materials. Therefore, you don’t lose any money even if no one signs up with your link. On the other hand, if people register with your link and continue trading, you’ll keep earning commissions from their trades as long as they’re on the platform.

Final Words

Pocket Option is an outstanding binary options trading platform with many features and advantages for both intermediate and experienced options traders.

It has plenty of earning opportunities, from copy trading to its affiliate program, which is often overlooked despite being as lucrative as options trading. Therefore, you should explore some of the features above to maximize your profits.

Interested to begin making some serious money on Pocket Option? Register today to start trading on Pocket Option.