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The main drawback of Fiper, from my perspective, is its offshore regulation, which can make it harder to resolve disputes or get legal recourse in case of issues. Another downside is the lack of support for popular trading platforms like MT4 or MT5, which many experienced traders prefer for their advanced analysis tools and EAs. Additionally, while the fees are not fully specified, the lack of transparency about deposit and withdrawal fees is concerning. As a trader, I value clear and upfront fee structures, so this lack of transparency is a major downside. Despite its appealing features, the cons, particularly in terms of regulation and platform support, would make me think twice about using Fiper for more serious or long-term trading. Fiper reviews often mention these cons, especially the lack of MT4/MT5 support and the regulatory concerns.