WikiFX

Sagot

As an experienced forex trader, I place a strong emphasis on a broker’s transparency, especially when it comes to commissions and account structures. With MONETARY GOLD, however, I was unable to find clear details about commission charges for ECN or raw spread accounts. More critically, this broker lacks any valid regulatory license and has an official warning about high potential risk and a low trust score. For me, this absence of regulation and transparency is a red flag—particularly around issues that directly impact trading costs, such as commissions per lot. Brokers that operate ECN or raw spread accounts typically disclose their commission structures up front, as these are essential for traders evaluating their total trading costs. When such key information is missing or ambiguous, it makes it challenging for me to assess the real expenses I would incur. The limited and questionable regulatory background further increases my concern about relying on MONETARY GOLD for any serious trading activity, especially when better regulated brokers are more forthright about their trading conditions. In summary, given what I found, I can’t confidently determine whether or not MONETARY GOLD charges commissions per lot, and that degree of uncertainty is something I personally avoid in my trading decisions.