Trading Forex on Pocket Broker (or any other trading platform like Pocket Option or its affiliated apps) requires some understanding of the market, but here is a step-by-step guide to get started:
✅ 1. Create an account on Pocket Broker
Go to the official website or download the Pocket Broker app.
Sign up with an email address and password.
Verify your account by email or phone if necessary.
✅ 2. Deposit funds
Go to the 'Finance' or 'Deposit' section.
Choose your payment method (credit card, crypto, e-wallet…).
Deposit the desired amount.
💡 It is often advised to start with a small capital (e.g. $50 to $100) to familiarize yourself.
✅ 3. Choose the Forex currency pair
Go to the trading interface.
In the list of assets, select a Forex pair (like EUR/USD, GBP/JPY, etc.).
You can use the search tab to go faster.
✅ 4. Analyze the market
Before trading, it is important to analyze:
Technical analysis: use built-in indicators like RSI, MACD, Bollinger Bands…
Fundamental analysis: follow economic news (e.g. interest rates, GDP, unemployment).
✅ 5. Place an order (trade)
Here are the items to configure:
Amount: the capital you want to invest.
Leverage: (e.g. x10, x50, x100) – beware, the higher the leverage, the greater the risk.
Direction:
Buy if you think the first currency will rise (e.g. EUR in EUR/USD).
Sell if you think it will go down.
Stop Loss: to limit losses.
Take Profit: to automatically cash in gains.
✅ 6. Monitor your trades
Keep an eye on your open positions.
You can manually close a trade at any time if you want to secure profits or limit losses.
✅ 7. Withdraw your profits
Go to the 'Withdrawal' tab.
Follow the instructions to transfer your earnings to your bank account or e-wallet.
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⚠️ Important tips
Never trade money you cannot afford to lose.
Use a demo account to practice before investing real money.
Learn the basics of Forex (volatility, correlations, economic calendar…).
Master your psychology: avoid trading under the influence of emotion.