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Score

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/10

Pocket Broker

South Africa South Africa | 1-2 years |
Questionable Regulatory License | High Potential Risk

https://pocket-broker.com/

Website

Rating Index

Regulation 2.69 Tech 4.38 Reputation 5.71 Business 5.18 Risk Control 1.82
1.71

Influence

Influence

B

Influence Index NO.1

Pakistan Pakistan 4.42
Surpassed 17.10% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

https://pocket-broker.com/
11 WALNUT ROAD, DURBAN CENTRAL, DURBAN, KWA-ZULU, NATAL, 4001, South Africa
Forex License
Anomalies 1

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
South Africa South Africa
Operating Period
1-2 years
Company Name
FRONTIER MARKETS (PTY) LTD.
Email
support@pocket-broker.com
Address
11 WALNUT ROAD, DURBAN CENTRAL, DURBAN, KWA-ZULU, NATAL, 4001, South Africa
FX3211231441

FX3211231441

Unverified

Colombia

This app won't let me withdraw my money, and the money is being held.

FX1166963742

FX1166963742

Unverified

Yemen

My story with PO TRADE LTD/also called Pocket Broker. This company changes its name from time to time, once to Po Trade Ltd, another time to Pocket Option, and this time to Pocket Broker. I traded correctly and officially, and I have proof of the validity of all my trades, with my profits amounting to more than $115 million, legally and officially. I was surprised when the company blocked my account, stole my profits, and fraudulently manipulated the timing of my trades on my account statement to make it appear that my profits were due to a technical glitch. I have all the documents proving the validity of my trade timing and profits. Therefore, this fraud perpetrated by this company will not benefit them, and I will never give up my rights. I will continue to demand my rights until I recover all my profits. Since trading can lose a person millions of dollars, and even if they make millions of dollars, no company has the right to confiscate any client's profits. Whatever the case.

Siya Dlamini

Siya Dlamini

Unverified

South Africa

Strarting with things need change - the tournaments. HEre I was happy to take part in this because it's free and the prize pool seems nice,. only to find out that you need a Vip tier for that. It's actually not fair at this point!! make tournaments available to everyone, not just better status owners! Putting 3 stars becuase the payments are legit, 8 networks on USDC is a big achievemnt, they have a lot of ways to pay,

IBeldad

IBeldad

Unverified

Colombia

goign with a better staus if you can afford it really worth it! it just starts from 2%+ profitability ,and goes up to highs many other perks too like cashback, quicker withdrawals and etc! the deposit amount are really high tho, for some of hte statuses education is partly great, but some ireally short

Khalid_AlMutairi

Khalid_AlMutairi

Unverified

Saudi Arabia

I like Pocket Broker's trading interface designed to be very simple, which makes trading and chart analysis easy. The 5/5 trading conditions are quite good. I mainly trade stocks, and objectively speaking, there is nothing to complain about in terms of trading terms. 4/5 As for market coverage, this is an area where they can significantly improve. At present, I can only give 2/5. Although they include all large well-known companies, if you are keen on investing in penny stocks or other small companies, you may feel limited in your choices

Nelson1996

Nelson1996

Unverified

Mexico

qt is my favourite not gonna like, forex and gold on it really go well sometimes, but only if you mind the time. for example, I am not a fan of this new 3 second timer on qt, or 5s too, these are just too quick for me, the lowest I do is 5 minutes most of the time, and I even didnt like 1 min or around that. but they are doing their best to make sure they bring some new promos and stuff, that is good for engagement.

TYong

TYong

Unverified

Singapore

the broker's QT mode require different approach, so I spent some time on demo before going to a real account! I understood that sometimes it all about choosing the right expiration time, but it aint that easy to trade on QT, but it is interesting feature for sure, payout % is high... As for other modes, they are traditioanl. and I think spreads on fx pairs can be lower

Pandapatan

Pandapatan

Unverified

Philippines

There are a bunch of different shares available to trade on the platform. I'm needed such a variety of stocks because I enjoy trading shares using fundamental analysis. However, my adaptation was quite challenging here and it was hard to understand how options work in practice. I didn’t liked the communication with AI support bot, I think a live chat could be better.

10
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Verified Site
模块说明(前端未翻译)

  • pocket-broker.com
    185.104.210.34
    Server Location
    Czech Republic Czech Republic
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Company Profile

Company Profile

Review summary

Pocket Broker Review Summary
Founded2017
Registered Country/RegionSouth Africa
RegulationFSCA (Suspicious Clone)
Market InstrumentsShares
Demo Account/
Min Deposit$1
Customer SupportIn-browser platform only (no MT4/MT5/cTrader mentioned)
Support Desk (built-in)Community ChatNo phone or email listed clearly

Pocket Broker Information

Registered in South Africa, Pocket Broker, founded in 2017, says to provide worldwide share trading with extremely low entrance criteria. The FSCA marks it as a dubious clone and it seems to be improperly controlled. Though there is little openness, the site encourages low pricing, no registration expenses, and a broad variety of payment options.

Pocket Broker Information

Pros and Cons

ProsCons
Very low minimum deposit ($1)Suspicious clone
No platform or registration feesOnly supports share trading
Wide range of deposit methods supported

Is Pocket Broker Legit?

No, Pocket Broker is not legitimate. It is flagged as a Suspicious Clone by the Financial Sector Conduct Authority (FSCA) of South Africa. The regulatory document shows that the license belongs to a different company.

Regulatory StatusSuspicious clone
Regulated bySouth Africa – FSCA
Licensed InstitutionFrontier Markets (Pty) Ltd
Licensed TypeFinancial Service Corporate
Licensed Number53333
Is Pocket Broker Legit?

What Can I Trade on Pocket Broker?

Pocket Broker provides share trading on hundreds of businesses across worldwide markets. Users of the site can trade on the market price of shares—like Tesla, Apple, Microsoft—without really holding the stock.

Tradable Instruments Supported
Shares✅
Indices❌
Forex❌
Commodities❌
Crypto❌
ETFs❌
What Can I Trade on Pocket Broker?

Pocket Broker Fees

With features like free registration and no platform fees, Pocket Broker says to provide low-cost trading that can appear less expensive than industry norms. These assertions, meanwhile, should be taken with doubt considering the broker's questionable regulatory status—a clone license—and consumers should exercise caution.

Non-Trading Fee TypeFee Details
Deposit FeeNot mentioned
Withdrawal FeeNot mentioned
Inactivity FeeNot mentioned
Platform FeeFree
Registration FeeFree
Pocket Broker Fees

Deposit and Withdrawal

Investments may begin from as little as $1; Pocket Broker says no deposit or withdrawal fees. The platform claims to support over 50 worldwide and local payment methods, including significant ones like Visa, Mastercard, JetonBank, UPI, M-PESA, and others.

MethodMin. DepositFeesProcessing Time
Visa / Mastercard$1Not mentionedNot mentioned
Jetonbank$1Not mentionedNot mentioned
Pix$1Not mentionedNot mentioned
UPI$1Not mentionedNot mentioned
M-PESA$1Not mentionedNot mentioned
MTN$1Not mentionedNot mentioned
Easypaisa$1Not mentionedNot mentioned
bKash$1Not mentionedNot mentioned
Volet$1Not mentionedNot mentioned
Deposit and Withdrawal

Company Profile

  • 1-2 years
  • Questionable Regulatory License
  • High Potential Risk

News

Pocket Broker Review: Is Your Deposit Safe?

Exposure Pocket Broker Review: Is Your Deposit Safe?

Pocket Broker's app earns mostly positive usability reviews, but its FSCA licence carries a suspicious-clone flag and a low WikiFX score. This review explains what to check before depositing.

Pocket Broker Review: What Traders Should Know Before Depositing

Exposure Pocket Broker Review: What Traders Should Know Before Depositing

Pocket Broker markets itself as an accessible share-trading platform with a $1 minimum deposit, but its FSCA license carries a Suspicious Clone designation and user complaints describe blocked withdrawals and confiscated profits. This review examines the regulatory red flags and complaint patterns every trader should assess before depositing.

Pocket Broker Review: Is Your Deposit Safe?

Exposure Pocket Broker Review: Is Your Deposit Safe?

Pocket Broker, a South Africa-based broker established in 2025, faces multiple user complaints about withdrawal blockages and account freezes, including one allegation of over $115 million in withheld profits. With a WikiFX score of 1.68 and no confirmed regulatory oversight, traders should carefully evaluate the risks before depositing.

Pocket Broker Review: Can You Actually Withdraw Your Money?

Exposure Pocket Broker Review: Can You Actually Withdraw Your Money?

Pocket Broker, a South African trading platform, has drawn multiple user complaints centered on one recurring issue: withdrawal difficulties. With an unconfirmed FSCA license and a WikiFX score of just 1.09, this article breaks down the complaint pattern, regulatory standing, and what traders need to verify before depositing.

Pocket Broker Review: Is Your Deposit Safe?

Exposure Pocket Broker Review: Is Your Deposit Safe?

Pocket Broker, a South African trading platform launched in 2025, faces serious withdrawal complaints from traders and operates under an unverified FSCA licence. With a WikiFX score of 1.09, the platform presents a pattern of blocked funds and absent regulatory protection that every trader should evaluate before depositing.

Pocket Broker Review: What Traders Should Know Before Depositing

Exposure Pocket Broker Review: What Traders Should Know Before Depositing

Pocket Broker is a South African trading platform with an unverified FSCA license, a very low WikiFX score, and multiple unresolved withdrawal complaints. This review breaks down what the data shows before you deposit.

View More

Wiki Q&A

Is Pocket Broker safe and reliable?

According to WikiFX data, Pocket Broker has a core score of 1.71 and a regulatory status of Unverified. WikiFX classification indicates it is not regulated. The license list includes an FSCA Derivatives Trading License (EP) entry under FRONTIER MARKETS (PTY) LTD in South Africa, but its status is Unverified; the Forex License section shows no items. The operating history is 1-2 years. Regulatory protection depends on the specific legal entity, license status, product, and client jurisdiction. Based on this information, WikiFX data does not support a conclusion that Pocket Broker is safe and reliable; the unverified regulatory status and short operating history are factors that warrant caution.

10-18
United States

Is Pocket Broker regulated?

According to WikiFX data, Pocket Broker is not currently classified as regulated. The license list shows no Forex License items. There is one anomaly entry: a South Africa FSCA Derivatives Trading License (EP), regulation number 53333, held by FRONTIER MARKETS (PTY) LTD, with an Unverified status. This entry should not be treated as confirmed valid regulation.

10-18
United States

What is the minimum deposit of Pocket Broker?

WikiFX data does not currently specify a minimum deposit for Pocket Broker. The trader account section lists no account types or deposit requirements, and no transaction terms are shown.

10-18
United States

Does Pocket Broker support MT4 or MT5?

WikiFX data does not currently specify whether Pocket Broker supports MT4 or MT5. A software index of 4.37 is shown, but no specific trading platform names, including MT4 or MT5, are currently publicly specified.

10-18
United States
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