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Even though Jefferies is regulated by the FCA and CIRO, there are some potential risks to be mindful of. One significant risk is the lack of transparency regarding the trading platform and its tools, which may limit the trading experience for those looking for a traditional platform like MT4 or MT5. Furthermore, the absence of a demo account means that new traders cannot practice or familiarize themselves with the platform before investing real money. For Jefferies trading, understanding these limitations is crucial before committing to the platform.