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Having traded for over a decade, one lesson stands out: regulation is non-negotiable when it comes to a broker’s trustworthiness. With EGM Securities, my review must start with a stark warning. Despite their claims, reputable sources confirm EGM Securities is not regulated. This fact alone makes me very cautious; regulation provides the oversight and protection traders need, especially in a market as volatile and risky as forex and CFDs. From an operational standpoint, EGM Securities offers both MT4 and MT5 platforms—a plus for platform flexibility—and a variety of instruments including currencies, commodities, and shares. Their leverage options are competitive, reaching up to 1:400, but high leverage is a double-edged sword, amplifying both profit and loss. Without strict regulation, I worry about client fund security and fair trade execution, especially with such high margin offerings. Their support is seemingly robust and they present attractive promotions like a welcome bonus, but in my experience, these perks cannot compensate for the lack of clear regulatory oversight. Unknown details about deposit and withdrawal times or associated costs only add to my concerns. Personally, I wouldn’t risk significant capital with any unregulated broker, regardless of features or bonuses on offer. In summary, while EGM Securities looks attractive on the surface, the absence of recognized regulation is a major red flag for me—and should be for any risk-aware trader.