Pocket Option Account Types include Quick Trading, Shares Trading, Forex MT4, and Forex MT5 which are the same in the Demo mode or Real accounts.
What Account Type to Choose After Pocket Option Sign Up?!
After Pocket Option signing up , you'll have 2 account options. Each type caters to different trading styles, proficiency levels, and financial goals. Account types offered by Pocket Option:
- Demo Account;
- Real Account.
Let's explore each account type in detail to help you have a better vision.
Pocket Option’s Demo Accounts
Before get into a live account, Pocket Option offers a fantastic demo account option.
This risk-free environment allows you to practice your trading strategies and get familiar with the platform without risking real money.
The demo account comes loaded with virtual funds (usually $10,000) and provides access to a real account's features. Demo account types:
- Quick Trading;
- Shares Trading;
- Forex MT4;
- Forex MT5.
Key benefits of the Pocket Option demo account include:
- Risk-free trading practice;
- Access to all available assets and trading tools;
- There is no time limit - use it as long as you need;
- Easy transition to a live account when you're ready.
Pocket Option Real Accounts
In this type of account, you will have access to many professional tools and more than 50 different payment methods with no commission. You have more than 100 assets to trade with a minimum deposit of $5 which is great for beginners. Real Account Types:
- Quick Trading;
- Shares Trading;
- Forex MT4;
- Forex MT5.
Complete Comparison of Pocket Option Account Types
To help you make a better decision about the broker, here's a comprehensive comparison table of all Pocket Option account types:
Type/features | Minimum Deposit | Leverage | Educational Resources | Customer Support | Trading Tools |
Demo | $0 | Up to 1:1000 | Standard | Standard | Basic |
Real | From $5 | Up to 1:1000 | Standard | Standard | Professional |
As you can see, there is a significant difference between Demo and Real account offering.
Writer's Opinion and Conclusion
Now, it's become clear that the pocket option account types are to mainly focus on trading Shares and Forex Pairs.
The Demo Account is an excellent starting point for all traders, with usually a $10,000 virtual fund, regardless of experience.
For more experienced traders, Real Accounts offers advanced tools and high leverage of up to 1:1000, which can potentially lead to greater profits.
To know more about the related costs in different accounts, check out our article about Pocket Option Fees and Commissions in Pocket Option Tutorial page
