Pocket Option is among the youngest binary options brokers that made a name for itself since its launch in 2017. It gained a reputation as one of the most trusted trading platforms accessible to multiple countries around the globe. While it offers all the technical tools and indicators as well as all other features which a seasoned trader needs, it is also made simple and user-friendly for the beginning trader. It continues to grow and expand with its 100+ trading instruments and a variety of payment options for all kinds of investors. If you’re new to the platform, here’s a comprehensive guide on how you can verify your account to start trading real money.
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Why Do You Need to Verify your Account?
You’ve probably wondered why there is a need to verify your account in binary options platforms such as Pocket Option. Here are some of the most common reasons why you need account verification.
Binary options trading platforms perform transactions with a customer’s financial account. Anything that has to do with money online requires verification to ensure the safety and credibility of the customer or user. Many fraudsters and scammers can use the personal information of others when making online purchases or transactions, or even when hacking accounts. However, with account verification, the scammer is unable to proceed further with his or her deed since account verification requires specific details and documents which the real account holder can only provide. If you want more information on how you can avoid scammers and hackers on trading platforms such as Pocket Option, check out our article about this topic.
Another important role of account verification is to make sure that all details and information provided by a customer or client are correct. This is especially true when trying to enter bank or payment details on a site. The last thing you’d want is to withdraw your winnings to an unknown bank account. Account verification helps make sure that all entered details match your account to avoid expensive mistakes.
Furthermore, account verification helps the site know more about their clients. This allows them to gauge how clients respond to their services and what improvements can make to satisfy clients. By knowing who they are dealing with through account verification, companies can provide confidential information as well as products, services, and even money to the client.
Lastly, account verification is a sign that a website is legit and is not a scam. Account verification is required for legit websites by authorities and failure to comply means expensive penalties to the website or a company.
How to Verify Account in Pocket Option
Getting your account verified in Pocket Option is as easy following 2 to 3 simple steps. All you have to do is log in to your account to start the process.
Email verification
As soon as you’ve logged in to the website, look for the profile tab located on the left-most corner of the dashboard. After which, choose the Profile tab from the menu that pops up.
The first stage of the verification will be email verification. At this stage, you’ll simply need to enter your email address on the space provided and click ‘verify email’. Once the verify email button has been clicked, a verification link will be sent to the registered email. Click the verification link from the email to verify the email. Doing so will immediately update the platform and will brand your account as email verified.
Identity Verification
The second stage of account verification is the submission of required documents to verify identity. At this stage, you are required to submit identification documents such as a driving license, or a passport. This stage is done by simply filling out the form below the email verification stage.
Once the required details have been filled in the box, the next step would be to submit a scanned copy or a photo of the identification documents. The IDs should be clear and should have a size that makes them recognizable. All details mentioned in the ID or document must match all the details that have been entered on the website during registration.
Here’s an example of what the submitted IDs should look like.
Card Verification
Lastly, you need to verify your card details. This verification is located just below the Identification Verification of the same page. The card verification stage is done to ensure that you get your withdrawals directly to your bank account, and also to ensure that all deposits are made toward your account. At this stage, all you have to do is to take a picture of the front and back of your credit or debit card while covering the CVV details, and account number details except the last 4 digits.
For further guidance and assistance in this regard and the previous verifications, you can also contact customer support through the support service tab located on the left-most corner of the dashboard with a question mark icon. Choose ‘Create a new support request’ to start your inquiry.
While getting accounts verified is quick and easy in Pocket Option, bear in mind that there will also be instances of delays especially when the submitted documents are not accepted due to poor quality, expiration, the file is too big, and so on. To avoid delays in the verification, always make sure that the submitted files have good quality, are not expired, and the files are not too big.
Our final thoughts
Getting your account verified in Pocket Option is good as keeping your money safe. With account verification, you get an extra layer of defense against hackers, scams, and even mistakes coming from your end. So, make it a first step to always verify your account when trading in Pocket Option.
If you want to get started trading after verifying your account, always make sure to have a good plan before doing anything. To get an idea of how you should start trading in Pocket Option, check out our quick guide on the things you should know as a beginner.
If you find this comprehensive guide for verifying your account on Pocket Option, do share it with others for them to secure their account as well.
If you have any comments, suggestions, or even inquiries about this topic and the site, do let us know through our comment box below. Your opinion always means a lot to us!
Risk Warning: The trading products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never trade money that you cannot afford to lose.