diff --git a/cli/openbb_cli/controllers/utils.py b/cli/openbb_cli/controllers/utils.py
index 1203afc19ddc..487e448b77b8 100644
--- a/cli/openbb_cli/controllers/utils.py
+++ b/cli/openbb_cli/controllers/utils.py
@@ -340,8 +340,10 @@ def parse_and_split_input(an_input: str, custom_filters: list) -> list[str]:
             return list(filter(None, commands))
         matching_placeholders = [tag for tag in placeholders if tag in command]
         if len(matching_placeholders) > 0:
+            restored = command
             for tag in matching_placeholders:
-                commands[command_num] = command.replace(tag, placeholders[tag])
+                restored = restored.replace(tag, placeholders[tag])
+            commands[command_num] = restored
     return list(filter(None, commands))
 
 
diff --git a/cli/tests/test_queue_multiple_file_arguments.py b/cli/tests/test_queue_multiple_file_arguments.py
new file mode 100644
index 000000000000..03eac20dd275
--- /dev/null
+++ b/cli/tests/test_queue_multiple_file_arguments.py
@@ -0,0 +1,16 @@
+"""Queued commands must not leak internal placeholder tokens."""
+
+from openbb_cli.controllers.utils import parse_and_split_input
+
+
+def test_multiple_paths_in_one_queued_command():
+    command = "load -f /tmp/first.csv --file /tmp/second.csv"
+    assert parse_and_split_input(command + "/echo done", []) == [command, "echo done"]
+
+
+def test_custom_protected_arguments_are_all_restored():
+    command = "echo [first/path] [second/path]"
+    assert parse_and_split_input(command + "/echo done", [r"\[[^\]]+\]"]) == [
+        command,
+        "echo done",
+    ]