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Rating Index

Pros

Access to a variety of financial instruments, including forex, CFDs, commodities, and indices.
Faster trade execution due to direct order processing with liquidity providers.
Potentially lower trading costs as STP brokers typically earn from spreads rather than commissions.

Cons

Lack of proper regulation, which raises concerns about safety and security for traders.
Limited customer protection and no insurance for clients' funds.
Relatively new in the market, which may result in less established reputation and reliability compared to more seasoned brokers.