Easy Binary Option

Independent coverage of binary options since 2012 — legal status, licensing and what replaced the product.

Pocket Option review

4.7 Founded 2017 Licensed: Mwali International Services Authority

A Comoros registration is a company registration, not financial supervision, and should not be read as one. The platform itself is capable and the social-trading features are genuinely popular.

Which entity would hold your money

This is the part that decides what happens if a withdrawal is refused, and the part most reviews skip.

EntityRegulatorLicence
Gembell LimitedMwali International Services AuthorityT2023154

Binary options are booked on: Gembell Limited (Comoros).

How it scores

CriterionWeightScore
Licensing and legal entity 35% 2/10
Withdrawal record 25% 5/10
Regulator actions 20% 6/10
Cost and payout structure 10% 8/10
Platform and support 10% 7/10
Weighted total 4.7

What works

  • Deposits from $5
  • Copy trading
  • Wide payment method range

What does not

  • Mwali registration carries no supervisory weight
  • Withdrawal complaints are a recurring theme

Where it accepts clients

Visit Pocket Option

This is a plain link and earns us nothing. We include providers we have no commercial relationship with, because a ranking that only listed our partners would not be a ranking.

Frequently asked questions

Is Pocket Option regulated?

Group entities hold licences, but the entity behind binary options is Gembell Limited (Comoros). A licence held by one company in a group does not extend to another — check which entity appears on your client agreement.

How is the rating calculated?

Five weighted criteria, published in full at how we rate. Licensing carries 35% because on an unsupervised counterparty everything else is contingent. The score is derived from the sub-scores, not assigned.

Where does Pocket Option accept clients?

Among the markets we cover: South Africa, Philippines, Kenya, Nigeria, Thailand, México, Perú. It does not accept clients in the EEA, the UK, the United States, Canada or Australia, where the product is prohibited for retail clients.

What should I check before depositing?

Verify the licence in the regulator’s own register rather than on the broker’s site, identify the legal entity named on the client agreement, and confirm the withdrawal method and processing time in writing.

Risk warning: binary options are high-risk speculative instruments and most retail accounts lose money. Nothing here is investment advice.