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WikiFX
Broker
Classifiche
Regolatori
Bhavani Durga K
entro 1 anno

Can you tell me what the typical spread is for EUR/USD when trading on Fortune’s standard account?

Broker Issues
Fortune
Fees and Spreads
03-19
Stati Uniti
WikiFX
Rispondi

As someone with considerable experience in evaluating brokers, I always begin by looking for essential information like spreads—especially on popular pairs like EUR/USD. Unfortunately, when reviewing Fortune, I noticed that there’s a notable lack of transparency regarding spreads. The broker does not provide any details about typical spreads for EUR/USD or any forex pairs, and based on the available data, it appears that forex trading isn’t even offered as part of Fortune’s platform. Their range of available markets is limited to equities and derivatives, with no mention of currency pairs such as EUR/USD. For me, this absence of information and lack of forex instrument availability is a significant drawback, making it impossible to assess or compare trading costs accurately. Furthermore, the fact that Fortune operates without any regulatory oversight is concerning from a risk management perspective. Without regulatory protections and clear disclosures on trading conditions like spreads, commissions, or order execution, I personally would not be comfortable trading with them—especially for something as central as EUR/USD. As a trader, understanding costs is crucial for risk management, so a broker that can't provide those answers doesn’t inspire confidence. Based on all this, I would approach Fortune with extreme caution, particularly if your focus is forex trading.

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