QM Trader 
1-2 years
What do I think of Dream Pulse’s regulatory status?
Broker Issues
Regulation
07-26
United States
WikiFX
Reply
From my perspective, the lack of regulation is the biggest drawback of Dream Pulse. It’s crucial to invest with brokers that have the protection of regulatory bodies to ensure that they adhere to industry standards and provide a safe environment for trading. The fact that Dream Pulse operates without any regulatory oversight means there’s little to no recourse if something goes wrong. As someone who values the safety of my investments, I would never consider using an unregulated broker for substantial capital. While Dream Pulse may offer competitive spreads and high leverage, these are not enough to outweigh the risks associated with its unregulated status.
Similar Questions
Is CXMarkets legit and safe to trade with?
edgeisedge 
08-12
What major risks or drawbacks should I consider before using RCG?
Rustam R 
07-25
Based on your own experience, what do you consider to be the three main benefits of choosing CHUANG YUAN FUTURES?
sweetosh 
09-11
Can I trust Kyogin Securities as a legitimate platform?
Tomas 
05-24
Is Vantage Prime a legitimate broker?
Karoline Hardy 
07-15