WikiFX

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The most prominent con for me is the unregulated status of Cerus Markets. This exposes traders to increased risks, and without regulation, there is no guarantee of fair practices or investor protection. Additionally, the minimum deposit of $500 for a live account may be steep for beginner traders who are just starting out in forex trading. While the demo account offers an opportunity to practice risk-free, I would have liked to see more account types with clearer features for Islamic or low-budget traders.