Pocket Option is a binary options broker that offers traders a wide range of opportunities. The broker provides numerous tradable assets, a multifunctional platform, and deposit bonuses available through promotional codes. Tournaments are another welcome addition.
Tournaments at the Binary Options Broker Pocket Option
Tournaments are held every day. By taking part, you can test your skills against other traders and earn real money at the same time. There are both paid and free-entry tournaments. The main objective of competitions on Pocket Option is simple: earn the most money among all participants within the set time.
PARTICIPATE IN THE TOURNAMENT FOR FREE
How to Start Participating in Tournaments at Pocket Option
First, log in to the platform and open the "Tournaments" tab in the right-side menu.
Once you click it, you will see the following information:
- Total number of wins.
- Total winnings.
- Maximum winning amount.
- Current tournaments.
- Tournament history.
To enter a new tournament, click the "All Tournaments" button. You can either sign up for a tournament that has not yet begun or join one already in progress.
After selecting a tournament and clicking on it, a window will appear with the following details:
- Entry fee.
- Total prize pool.
- Minimum required number of traders.
- Current number of traders.
- The cost of buying additional tournament currency.
- Starting balance.
- Tournament start time.
- Tournament end time.
- Rules of the specific tournament.
Once you have reviewed the details, you can register for the tournament on the "Join" tab. As soon as your participation is confirmed, the required amount will be deducted from your account. The same tab also allows you to purchase additional tournament currency once the event has started.
How Tournaments Work at Pocket Option
Once a tournament begins, each participant receives an allocation of tournament currency. Trades are placed using this currency, and final rankings are based on each participant's balance at the end of the event. Prizes are then distributed according to the amount earned. Standard tournaments award 10 prize places.
If you spend all your tournament funds before the event ends, you can buy more, as mentioned above. The additional purchase gives you the same amount of currency you started with.
What Competitions Does Pocket Option Offer?
The Pocket Option platform offers the following tournament types: Day Off, Rumble, Spring Cup, and Hour Play.
These tournaments differ in entry fee, duration, and prize pool. The longer the tournament, the larger the reward. Beginner traders can participate in the daily tournament for FREE.
| Participation is FREE. Prizes are awarded to the top 3 participants with the highest profit during the event. | ||
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To participate, you must register a tournament account. |
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| Prizes are awarded to the top 10 participants with the highest profit during the event. | ||
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To participate, you must hold at least $10 in your Pocket Option Live account. |
| Participate | ||
| Prizes are awarded to the top 10 participants with the highest profit during the event. | ||
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To participate, you must hold more than $10 in your Pocket Option Live account. |
| Participate | ||
| Prizes are awarded to the top 10 participants with the highest profit during the event. | ||
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To participate, you must register a tournament account. |
| Participate | ||
All free competitions last 24 hours.
Tournament Conditions at Pocket Option
Any Pocket Option client can take part in a tournament. Free tournaments do not require a real trading account — you can compete using a demo account. Paid tournaments require a balance of at least $10. Account verification is not required for any tournament.
The tournament prize pool is funded by participants' entry fees: 90% goes to the prize pool, while the broker keeps the remaining 10% as commission. The broker also runs its own tournaments with prize pools of up to $50,000. Free tournaments have a fixed prize pool, with only three winners.
Additional Bonuses from Pocket Option
The company also offers achievements that unlock various trading features. Each new achievement earns you gems, which can be redeemed for bonuses and gifts from Pocket Option — including, for example, a risk-free trade.
Achievements can be earned in many ways, such as joining a paid tournament for the first time.
Conclusion
Tournaments at Pocket Option are a great way to try your hand at trading, compete with other participants, and develop your skills. At the same time, you can earn real money while risking very little. Beginners can avoid any out-of-pocket cost altogether by entering the free competitions. With the right skill, tournament earnings can exceed those from regular trading.
Sign up for the Pocket Option tournament
See Also:
- Free Robot for Pocket Option
- How to Trade from Mobile Devices on the Pocket Option Platform
- Pocket Option Broker Platform for Windows
- How to Use Social Trading with the Pocket Option Broker
- How to Trade Express Orders with the Pocket Option Broker
- How to Withdraw Money from the Pocket Option Broker
- Minimum Deposit and Bonuses at the Pocket Option Broker
- How to Use Signals on Pocket Option
- Pocket Option Broker Affiliate Program
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