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Does Eddid Financial charge a commission for each lot traded on their ECN or raw spread accounts?

Broker Issues
Eddid Financial
Fees and Spreads
01-09
United States
WikiFX
Reply

Based on my review of Eddid Financial’s publicly available background, I found there is very limited transparency regarding their commission structures, particularly for forex trading accounts like ECN or raw spread accounts. The broker is licensed by the SFC in Hong Kong and provides several platforms (Eddid One, Lite, and Pro), but the essential details such as minimum deposit, spread information, or whether commissions are charged per lot—especially on ECN or raw spread offerings—are not disclosed. As a trader, this lack of clear, upfront fee information raises a red flag for me. In my experience, transparent brokers typically list their commission structures openly, allowing me to easily assess total trading costs. The absence of this information, combined with multiple user complaints concerning withdrawal issues and account freezes, suggests I must exercise particular caution before committing funds. While being regulated under the SFC does add credibility, the specific absence of account-type and commission information prevents me from confirming whether Eddid Financial charges a per-lot commission on ECN or raw spread accounts. For security and best trading conditions, I would personally require a clear fee schedule and would advise verifying all costs directly with their customer support prior to opening an account.

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