WikiFX

Sagot

While USG offers several advantages, it also has notable drawbacks. One of the major concerns is the lack of regulation, which leaves traders without the protection of financial oversight. This absence of regulation could make it more difficult to resolve disputes or recover funds if issues arise. Additionally, USG’s spreads, particularly the 2.2 pips spread on the standard account, are relatively high compared to some other brokers, which can increase trading costs. Furthermore, there have been reports of withdrawal problems, which is a significant concern for traders who rely on timely access to their funds. The lack of social media presence is another downside, as it limits the broker’s transparency and access to customer support and updates.