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One of the downsides I’ve noticed when considering Valutrades is the limited service availability outside of the UK and Seychelles. This could be an issue for traders who are located in regions where Valutrades doesn’t provide full access or specific localized services. Additionally, although the broker offers low spreads and no minimum deposit, there’s a lack of detailed information about payment methods, which might cause inconvenience for traders looking to use specific payment options. Another consideration is the FSA regulation in Seychelles, which may not provide the same level of investor protection as the FCA. Therefore, while Valutrades may be a great option for traders within the UK, it may not be the ideal choice for everyone, especially those in regions outside of its primary service areas. All things considered, these cons should be taken into account when performing a Valutrades review to ensure it meets your trading needs.