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This entity operates outside the United States with no or limited U.S Pocket Option Withdrawal Cash App . presence.
Do you need 25k to day trade options? The $25k requirement for day trading is a rule set by FINRA. It's designed to protect investors from the risks of day trading. By requiring a minimum equity of $25k, FINRA ensures that investors have enough capital to absorb potential losses. But remember, even with $25k, day trading is still a high-risk activity.
Does Pocket Option really pay? Pocket Option is not a trusted broker because it is not regulated by a financial authority with strict standards. We would not open an account for ourselves with them. If you want to stay safe, only sign up with brokers that are overseen by a top-tier and stringent regulator.
It is soliciting and/or accepting funds from U.S. customers and offering a product within the CFTC's jurisdiction. A review by the Commission has revealed that this entity is acting in a capacity that appears to require registration, but it is not registered with the CFTC.
The inclusion of this entity's name on the RED List does not mean that the CFTC or a court has concluded that a violation of any provision of the Commodity Exchange Act or the Commission's regulations has occurred.
Registration Matters
Even if the entity you are considering is not on the RED List, always check to see if it is registered with the CFTC before opening an account or paying any money.
Generally, entities that solicit you to trade are required to register with the CFTC. If a foreign entity is registered with the Commission, then it is subject to the same regulations and oversight that apply to U.S. registrants.
You may have little or no protections if you choose to trade with unregistered firms that operate outside the United States.
If an unregistered entity solicits you, exercise extreme caution, and watch for the RED flags of fraud. (Although registration offers many protections, it is no guarantee against fraud or mismanagement.)
Suggest a RED List Entity
The RED List is developed from tips and leads from the public or other sources. Help us protect other traders. If you have a RED List lead, send us the web address.
Report Fraud
If you believe you have been a victim of fraud, submit a tip the CFTC.