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From my own investigation and trading experience, I found that Derayah is not overseen by any recognized financial regulatory authority. According to the available background, there is no valid regulatory certificate for this broker, and this alone raises a substantial red flag in my trading process. When a broker operates without proper supervision from a reputable regulator, such as the FCA, ASIC, or CySEC, I personally see this as introducing a high level of risk to client funds and operational practices. For me, regulatory oversight is fundamental because it holds brokers accountable to a strict set of standards designed to protect clients—from segregation of funds to regular audits and fair dispute resolution channels. The absence of such oversight with Derayah means there’s no external body ensuring their compliance or providing a safety net if something goes wrong. As a risk-conscious trader, I take the lack of regulation seriously. In my view, even if their trading platforms and product variety seem to meet certain needs, the regulatory gap is too significant to ignore for anyone prioritizing account safety and transparency. This is why I always approach unregulated brokers with extreme caution and recommend careful due diligence before considering any engagement.