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As an independent trader who has evaluated UP TREND closely, I have to first emphasize my concerns regarding their regulatory standing. According to available data, UP TREND is currently unregulated by any recognized financial authority. For me, the lack of oversight is a significant red flag, particularly when it comes to safeguarding client funds and ensuring fair trade execution. Without formal regulation, there are increased potential risks—hidden fees, poor fund protection, or unexpected trading conditions—so I approach any calculation of trading costs extremely cautiously. When considering trading indices like the US100 with UP TREND, the true, all-in trading cost structure is not transparently disclosed. Traditionally, with MT4 platforms, one would expect costs to include the spread (the difference between bid and ask prices), possible commissions per lot, and indirect costs such as overnight swaps if holding positions past market close. However, UP TREND’s omission of published fee tables specific to index trading leaves much to speculation. There is also no mention of non-trading fees, such as inactivity or withdrawal fees, although these are often present with brokers operating without robust oversight. What worries me most is that, without clear regulation and up-to-date, transparent cost disclosures, it's difficult, if not impossible, to accurately quantify the total trading costs ahead of time for products like the US100. For my own capital, this uncertainty poses an unacceptable risk. Therefore, I would only consider trading with a fully regulated broker that openly lists all relevant costs, ensuring my trading decisions are based on transparency and trust.