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What drawbacks have I noticed with SEVEN STAR FX?

Broker Issues
SEVEN STAR FX
Regulation
06-10
United States
WikiFX
Reply

While there are some solid features, like diverse tradable instruments and low minimum deposit requirements, the biggest drawback for me is the lack of regulation. This lack of oversight puts my funds at risk, and that’s something I can’t ignore. Additionally, the high leverage ratio (up to 1:1000) presents significant risk, especially for less experienced traders. These cons are definitely something I’d mention in my SEVEN STAR FX review, as they impact overall safety and trustworthiness.

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