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.
Similar Questions
What are the pros of trading with MITA SECURITIES?
Bhavani Durga K 
08-13
Is Succedo Markets regulated?
Moshiheya 
07-30
What are the cons of using ATRADE?
Franko Knavs 
07-17
Have you experienced any drawbacks related to QNB Invest's customer service or the reliability of their platform?
Darren Ross 
08-07
Does Neuron Markets offer any benefits despite its unregulated status?
Vladimir 
07-05