WikiFX

Sagot

From my careful review of BLUEMOUNT’s services and fee structure, I did not find any mention of fixed or variable spreads, which is unusual compared to most brokers I’ve worked with. Instead, their cost structure relies primarily on a commission model—a rate of 0.25% per trade, with a minimum cap of HK$100—plus several transparent, transaction-related fees like stamp duty, trading levies, and settlement costs. This setup differs sharply from typical forex or CFD brokers, where spreads (fixed or variable) are central to cost calculations. Based on my understanding, since BLUEMOUNT operates as a securities broker focused on Hong Kong and global shares, not as a forex broker, traditional spread concepts do not directly apply. In the world of stock trading, price differences (the bid/ask spread) are determined by the underlying market, specifically the order book of the exchange, and not set by the broker. During periods of high volatility—such as after major news releases—the market spreads for certain securities often widen, causing transaction costs to increase. This is a general market phenomenon and not something BLUEMOUNT uniquely controls or modifies. Because BLUEMOUNT’s own regulatory status is flagged as “exceeded” according to its SFC license, and therefore presently lacks proper oversight, I am personally cautious and would not use this platform for significant trading activity—especially during volatile market conditions. For those considering BLUEMOUNT, it’s essential to be aware that your real trading costs will reflect the actual market bid/ask spreads (which can widen sharply on major news), plus the broker’s transparent commission and related exchange fees.