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Bulls&Bears Trades is not a regulated firm, and it is actually a clone of a legitimate FCA-authorized firm. This means that the company is pretending to be a regulated entity to gain the trust of investors. From my perspective, this is a major red flag. Engaging with an unregulated firm, especially one operating as a clone, is highly risky. Regulatory oversight ensures that a firm follows strict rules designed to protect investors, and without that, there's no guarantee that your funds are safe. I would strongly advise against using this firm, as there is no oversight. For any legitimate and safe trading activities, I always use regulated platforms, and I stay cautious when dealing with unregulated or clone firms like Bulls&Bears Trades.