WikiFX

Sagot

As an independent forex trader who prioritizes security and transparency, I feel it’s essential to focus first on Track Fxx’s regulatory status before even considering their fee structure. According to my careful review, Track Fxx currently has no valid regulatory oversight, and their WikiFX score is alarmingly low. They are flagged for a suspicious regulatory license and a suspicious scope of business, presenting a high potential risk for anyone considering opening an account. Because reputable brokers are required to clearly display their commission structure—particularly on ECN or raw spread accounts—the absence of validated oversight or detailed, accessible fee disclosures from Track Fxx raises some serious red flags for me. I was unable to find any official, trustworthy confirmation about whether Track Fxx charges commissions per lot, which is industry standard for true ECN models. In my experience, a lack of such clarity often makes it impossible to assess trading costs or trust the fairness of order execution. Given all these factors, I cannot recommend risking funds or trading with Track Fxx until they can demonstrate proper regulation and transparency regarding their commissions, spreads, and all account-related fees. For me, protecting my capital comes first, and that means only trading with brokers whose costs, practices, and legal standing are fully verifiable.