WikiFX

Sagot

Cons: 1) GOC Prime's regulatory status is exceeded, which means it's no longer fully compliant with the NFA's regulations, raising concerns about the safety of trading with them. 2) The ECN account requires a high minimum deposit of $2,000, which may be prohibitive for smaller traders. 3) The broker offers limited customer support, as it does not provide 24/7 assistance, which can be frustrating for traders who may need help at any time of day. 4) The leverage available for commodities and stocks is significantly lower, at 1:200 and 1:20 respectively, which may not meet the needs of traders looking for high leverage across all asset classes. 5) The broker lacks clear information about some payment methods, such as e-wallets, which makes it difficult to assess the full range of options for deposits and withdrawals.