Top 6 Shocking Truths Behind Pocket Option – Avoid this Trap

Before You Invest, Read This Important Article About Pocket Option. Protect Your Money from Scam! This article exposes 6 hidden truths about the broker that you need to know before making any investment.

1. Lack of Regulation – The company behind Pocket Option, Infinite Trade LLC, is registered in the Republic of Costa Rica (San José – Mata Redonda, Neighborhood Las Vegas, Blue Building, diagonal to La Salle High School) with registration number 4062001303240. This registration location and lack of oversight by a reputable regulatory authority is a serious red flag for investors.
   

2. FCA Warning – In 2021, the UKs regulator, the Financial Conduct Authority (FCA), issued a warning against this broker. The FCA stated that the firm is not authorised to operate in the UK and is targeting UK residents. Investors were warned that they would not be protected by the Financial Ombudsman Service or the Financial Services Compensation Scheme (FSCS) if they deal with this broker. The FCA also discovered that the broker was using new or unverified email addresses, phone numbers, and physical addresses on its official website another major red flag.

Unauthorised firm - PocketOption

Address: C/O LC02 503, Choc Bay, Castries, Saint Lucia

Telephone: 02081234499, 02081234499

Email: noreply@po.trade

Website: https://pocketoption.com, https://potrade.com/

3. Extremely Low Score- According to WikiFX, Pocket Option has a low score of 1.71 out of 10 which is a critical red flag. A score below 2 suggests severe trust issues. A rating of 1.71 is a guaranteed warning sign that this broker is unsafe for trading or investment.

4. Official WikiFX Warning - Our investigation revealed that WikiFX has issued an official warning against Pocket Option. The warning is direct and clear:

Warning: Low score, please stay away!

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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5. Withdrawal Issue – We checked the reviews section of Pocket Option on WikiFX and discovered that many users are complaining about withdrawal issues. We've collected some of these reviews for you — read them and beware.

User 1- “I deposited $31 and won $3,800 USDT. After verifying my account and passing KYC, Pocket Option froze my withdrawal of $3,765.96 USDT. They are now withholding my funds and citing a previously reported duplicate account, which was created by mistake and closed by my request. I provided all documents, completed verification, and never violated their terms in bad faith”.

User 2- “My money has been stolen in a professional manner, they force people to trade and then steal, and we cannot withdraw the money except under impossible conditions”.

User 3- “I made a withdrawal of $2000 and I always came up with a new excuse and they rejected my withdrawal”

User 4- “Withdrawal from trading account is not allowed. I have been trying to withdraw for 6-7 months”.

User 5- “The deposit on Feb 19th is 1000USD and it is still not arrived. The deposit ID, screenshot, wallet are all provided to customer service. But they keep asking me to restart. There is no reply from email either”.

6. FSMA Warning – In 2023, the Financial Services and Markets Authority (FSMA), which protects consumers from fraud and keeps financial markets stable, released a list of fake trading platforms. Pocket Option was included on this list. The FSMA warned investors not to use any financial services from these platforms.

SEC Issued Latest Warning Against Pocket Option

On 21 July, 2025 The Securities and Exchange Commission of Nigeria (SEC) has also warned investors to stay away from Pocket Option. The SEC said Pocket Option is being promoted a lot on social media and online forums as a real investment adviser or fund manager. But after investigating, the SEC believes the platform is likely a fraudulent Ponzi scheme.

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