The offshore broker PocketOption is allegedly operated by the offshore entity Gembell Limited in the Marshall Islands. We found that PocketOption is connected to PO Trade and controlled by the Russian Evgenii Kalashnikov. Both offshore schemes supposedly do not accept clients from the U.S. or EEA, however, it was no problem to register as a resident of these regulatory regimes. Deposits are possible with credit/debit cards, Jeton, Perfect Money, Webmoney, Advcash, or via crypto. Stay far away and protect your financial health.
|Business activity||Unauthorized offshore CFD broker|
|Legal entity||Gembell Limited|
PO TRADE LTD
PO TRADE (SV) LTD
|Jurisdiction||Marshall Islands, SVG|
|Authorization||PO Trade Ltd is registered with the|
Mwali International Services Authority
|Payment options||Credit/debit card, e-wallets, crypto|
|Payment processors||OnePayWays (onepayways.com)|
Jeton, Perfect Money, Advcash,
Binance Pay, Coinbase,
|Related individual||Evgenii Kalashnikov|
We have discovered in our review that PocketOption is affiliated with PO Trade Ltd d/b/a PO Trade. Both schemes use, for example, merchant accounts Binance Pay and Coinbase to receive customer deposits through it. Both schemes claim to be regulated by the fake regulator IFMRRC. PO Trade Ltd is registered with the offshore regulator Mwali International Services Authority.
We have identified Evgenii Kalashnikov, a Russian, as the CEO and beneficial owner behind PO Tade Ltd (link):
The two offshore brokers are huge, with more than 3 million visitors to their two websites in the last 28 days, according to Similarweb. Most of them come from the United States (see chart on the left).
We would like to know more about the operators of these two broker schemes and their facilitators. If you have any information, we would appreciate it if you could share it with us via our whistleblower system, Whistle42.