Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Darren Ross
Within 1 year

Does Pocket Trade offer fixed or variable spreads, and how do these spreads behave when there’s significant market volatility, such as during major news releases?

Broker Issues
Pocket Trade
Fees and Spreads
02-11
United States
WikiFX
Reply

Based on my own experience as a forex trader and after a thorough review of Pocket Trade’s available profile, I have significant reservations about their transparency, especially regarding spreads. There is no mention of whether Pocket Trade provides fixed or variable spreads. The lack of this basic information is itself concerning because, in my years of trading, reputable brokers are usually upfront about such key trading conditions. More reputable brokers with proper oversight always disclose their spread structure and behaviour during volatile events, since this critically affects trading costs. From what I can see, Pocket Trade operates without valid regulatory information and is flagged with a high potential risk. In situations of major news events or increased market volatility, spreads with unregulated or low-transparency brokers can widen dramatically, sometimes unpredictably so. If a broker does not clearly state whether they offer fixed or variable spreads, I treat it with caution, as this uncertainty exposes traders to potentially sharp trading costs precisely when stable conditions matter most. For me, knowing a broker’s approach to spreads during volatility is essential for managing risk and cost, and if a broker is not clear about this, I typically would not trust them with my trading capital.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com