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Rating Index

Pros

Reliable regulation by ASIC, ensuring a level of trust and security for clients.
Multiple account options available, catering to different trading preferences and experience levels.
Competitive spreads starting from 0.1 pips for algorithmic trading, which can benefit active traders.

Cons

High trading fees compared to some competitors, which may deter cost-sensitive traders.
No cent accounts offered, limiting options for those who prefer to trade with smaller amounts.
Minimum deposit requirement of $300, which may be a barrier for beginner traders.