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Does S Broker charge a commission per lot traded on their ECN or raw spread account types?

Broker Issues
S Broker
Fees and Spreads
07-03
United States
WikiFX
Reply

Based on my in-depth review of S Broker, I found that the broker does not provide ECN or raw spread account types, nor does it operate as a traditional forex or CFD broker in the classic sense. Instead, S Broker offers various account options, such as CFD accounts, securities accounts, and currency accounts, primarily focused on trading products like stocks, funds, ETFs, CFDs, bonds, and indexes. Importantly, their platform does not support forex trading, and there is no mention of commission structures typical of ECN or raw spread accounts that experienced forex traders might expect. From my perspective as a trader who values transparency and sound regulation, I am particularly cautious with S Broker due to its lack of official regulatory oversight. The absence of clear, detailed information regarding trading costs or commission per lot for specific account types further adds to my hesitance. This lack of explicit, comparable commission breakdowns means I cannot confidently confirm the presence or absence of per-lot commissions for any ECN or raw spread accounts—mainly because such accounts don’t appear to be offered at all. In my experience, the combination of being unregulated and not specifying core cost structures is a significant red flag, especially for those considering active or high-volume trading strategies. For safety and cost transparency, I believe it's best to opt for brokers with clear, regulated frameworks and full disclosure on all fees.

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