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The main drawback of trading with First Securities is its "Unreleased" regulatory license number and its unregulated status in the global financial markets. This could be a red flag for international investors looking for a platform with broader regulatory oversight. Another disadvantage is the lack of transparency regarding the platform’s fees and leverage options, which can make it difficult for traders to fully understand the cost structure. Additionally, First Securities has limited international business operations, which may not cater well to traders seeking a broader global market exposure.