WikiFX

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In my experience researching brokers like CDX, one of the first considerations I have is regulatory status and transparency, especially when it comes to understanding key trading conditions such as the typical EUR/USD spread. Unfortunately, based on the information I was able to verify, CDX currently does not disclose valid regulatory oversight and has several red flags, including a suspicious regulatory license and business scope. This lack of credible regulation immediately makes me exercise caution. Because CDX does not provide detailed or verifiable account conditions on their public resources, I could not independently confirm what the typical EUR/USD spread would be on their standard account. In my trading practice, I rely on brokers with transparent and clearly stated spreads—especially for major pairs like EUR/USD—since tight and consistent spreads are vital for effective cost management. The absence of this crucial information, coupled with a very low risk management and regulatory score, makes it difficult for me to assess whether CDX offers competitive or even fair pricing. In summary, for a trader like myself who values transparency, safety, and the ability to compare costs before engaging, the lack of concrete spread information from CDX, especially for EUR/USD, is a significant concern and would likely prevent me from opening an account with them. I urge anyone considering CDX or similar brokers to proceed with extreme caution and ensure they fully understand all trading costs and associated risks before committing funds.