Global Broker Regulation Inquiry App
WikiFX
mohdfazlan 
1-2 years
What are the pros of Pocket Option?
Broker Issues
Regulation
07-16
United States
WikiFX
Reply
Despite its unregulated status, there are some appealing aspects of Pocket Option. First, it offers a wide range of assets for trading, which is great if I want to diversify my portfolio. The platform also uses MT5, one of the most popular platforms for experienced traders. The demo account feature, which comes with up to $50,000 of virtual money, allows me to get familiar with pocket option trading without risking real capital. Additionally, with a low minimum deposit requirement of just $1, it's easy to get started. However, the unregulated status does leave me concerned about potential risks.
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