21incpool

According to WikiFX data, 21 INC POOL Market presents significant reliability concerns. It is an unregulated entity holding no valid licenses from major financial authorities, which means client funds are not protected under any formal compensation scheme. The WikiFX exposure score of 1.58 reflects a substantial risk profile. While the broker has been operating for 5-10 years, trading with an unregulated platform carries inherent risks that traders must be aware of.

No, 21incpool is not regulated. According to WikiFX data, the broker, operating as 21 INC POOL Market, holds no valid regulatory licenses from any major financial authority for forex or CFD trading. The business is registered in the United Kingdom but lacks oversight from bodies like the UK's Financial Conduct Authority (FCA). Trading with an unregulated broker means there is no formal recourse for dispute resolution or protection of client funds.

The minimum deposit requirement at 21incpool varies by account type. The advertised Crypto Account requires £100 (or its currency equivalent) to open. The Crypto & Forex Account and the Islamic Account both require a minimum deposit of £1,000 (or equivalent). These entry points are relatively standard, but the high minimum for some accounts may be a barrier for some retail traders.

WikiFX data does not specify the trading platforms used by 21incpool. The provided information details account specifications and trading conditions but does not confirm support for MetaTrader 4 (MT4) or MetaTrader 5 (MT5). Prospective clients should verify the exact platform software directly with the broker before opening an account.