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CMS Prime operates as an unregulated broker, which stands out as a key concern in my CMS Prime review. I typically prefer brokers that are regulated by a reputable financial authority to ensure my funds are protected. The lack of regulation means CMS Prime is not subject to the scrutiny of a governing body, which could expose me to higher risk in case anything goes wrong. As a trader, I tend to be cautious with unregulated brokers, as they are not held to the same standards of transparency and accountability. This unregulated status makes CMS Prime a less reliable option for traders who prioritize security.