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TJensen
entro 1 anno

What are the cons of Duplitrade?

Broker Issues
Duplitrade
Regulation
04-10
Stati Uniti
WikiFX
Rispondi

The most significant con of Duplitrade, in my opinion, is its unregulated status. Without regulatory oversight, there's no guarantee of safety or security for user funds. The platform also operates by earning a portion of the spread income generated from trading, which means that users may face higher costs depending on the spreads, even though Duplitrade doesn’t charge direct fees. Additionally, the platform only provides algorithmic trading signals, so users must rely heavily on the quality of the expert advisors (EAs) available on Duplitrade. For me, this lack of transparency regarding the performance of these EAs is another downside. My Duplitrade review would stress the importance of understanding the potential hidden costs associated with the spread and being cautious of the risks involved when trading with an unregulated platform.

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