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Broker
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QM Trader
entro 1 anno

Could you break down what the total trading costs are for indices such as the US100 when trading with First Shanghai?

Broker Issues
First Shanghai
Fees and Spreads
07-09
Stati Uniti
WikiFX
Rispondi

As someone who takes trading costs very seriously in my decision-making, I have looked closely at First Shanghai, especially regarding instruments like indices such as the US100. What stood out to me from the available details is that specific information about spreads, commissions, or other costs directly tied to trading the US100 is not published by the firm on their official channels or in publicly available documentation. This lack of fee transparency is important for me and any prudent trader to consider, since understanding the full cost structure is critical to managing risk and evaluating potential performance. First Shanghai, regulated by Hong Kong’s Securities and Futures Commission, focuses primarily on futures, Hong Kong and mainland Chinese equities, and some global instruments. While their regulatory standing is robust, their platform does not clarify whether the US100 is available through a futures or CFD product, nor do they publish associated trading fees, leverage, or minimum deposit requirements. In my experience, when such gaps exist, it’s essential to contact the broker directly for a detailed breakdown or request their full schedule of fees in advance of trading. Until I have this clarity, I would be cautious about using First Shanghai for index trading, particularly for assets like the US100, as unknown costs can significantly affect net results. For me, a transparent fee structure is non-negotiable when choosing where to place trades, especially in the fast-moving indices markets.

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