WikiFX

Sagot

The most significant con of Turing is its lack of full regulatory oversight, which could make it riskier to trade compared to regulated brokers. The absence of a robust regulatory framework means there are fewer guarantees in terms of protection for your funds or resolving disputes. Additionally, the high minimum deposit of $1000 is a major barrier, particularly for new traders or those just starting. While Turing offers no commissions and low spreads, these advantages are somewhat offset by the lack of investor protection and the minimum deposit requirement. When performing your Turing login, I recommend making sure that you fully understand the risks involved with an unregulated broker and confirm that the platform meets your security expectations.