WikiFX

Sagot

GOC Prime is not fully regulated due to its "exceeded" NFA status, which makes it less safe than brokers with active regulatory oversight. In my experience, safety should be a top priority when selecting a broker. While GOC Prime does offer a variety of tradable instruments and supports the MetaTrader 5 platform, which is known for its robust features, the lack of active regulation makes me hesitant. Unregulated brokers may not be required to adhere to industry standards for fund protection or dispute resolution, increasing the potential risk of fraud or mismanagement. From my perspective, it's better to trade with brokers that are fully regulated and comply with modern financial standards to ensure my funds are protected.