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Within 1 year

Can you tell me the typical EUR/USD spread offered on KIT’s standard account?

Broker Issues
KIT
Fees and Spreads
03-08
United States
WikiFX
Reply

After thoroughly reviewing all available information on KIT, I was unable to find any concrete or verifiable details about the typical EUR/USD spread on their standard account. As an experienced forex trader, this absence of key trading conditions raises several concerns for me. In my practice, transparency on spreads is essential for making informed decisions and managing risk. The lack of clear, published data regarding spreads means I cannot reliably estimate trading costs with KIT, which is a significant drawback. Moreover, KIT is an unregulated broker with no supervision from the Central Bank of Russia or any major authority. In my view, the combination of missing fundamental trading details and absence of regulation signals a potential risk, especially for retail traders. When I evaluate a broker, knowing the exact spread—especially on a major pair like EUR/USD—is basic due diligence. Without this, I personally would exercise extra caution and recommend that others carefully consider these limitations before proceeding with any trading activity through KIT. For me, the inability to confirm such a fundamental aspect as the spread makes it difficult to trust this platform with my capital.

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