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What are the benefits of QCG's unregulated status?

Broker Issues
QCG
Regulation
04-16
United States
WikiFX
Reply

Despite being unregulated, QCG still offers several features that might appeal to traders. They offer a wide range of tradable assets, such as forex pairs, cryptocurrencies, precious metals, and energy products. Additionally, QCG provides flexibility in leverage, ranging from 1:30 to 1:500. This can be a significant benefit for traders who want to take larger positions. However, the absence of regulation means there is no assurance that QCG will adhere to best practices or protect clients' funds in case of a dispute. For me, the risk of trading with an unregulated broker far outweighs these benefits.

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