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Phoebe Yao
Within 1 year

Does RGL offer fixed or variable spreads, and how do those spreads typically behave during periods of high volatility, such as major news releases?

Broker Issues
RGL
Fees and Spreads
04-16
United States
WikiFX
Reply

From my experience investigating brokers, it's immediately clear that RGL is a high-risk option for anyone interested in forex trading. After a thorough review, I found no substantiated information that RGL even provides genuine FX trading services, let alone details on trading conditions like fixed or variable spreads. The broker operates without any regulatory oversight, has a low transparency score, and its primary business focus appears to be in internet services and IT infrastructure rather than financial trading. As a cautious and detail-oriented trader, this lack of clarity is a red flag—especially given their “suspicious regulatory license” and “high potential risk” warnings. Furthermore, without credible regulatory protection or transparent trading documentation, there’s no way for me to reliably determine what kind of spreads, if any, RGL would offer, nor how they would behave under volatile market conditions. With reputable brokers, variable spreads often widen significantly during economic news releases, while fixed spreads might temporarily be suspended or requoted to protect the broker. Since RGL neither discloses nor seemingly offers standard forex conditions, I would never risk trading through them, as the absence of spread information is often symptomatic of deeper operational or compliance issues. For me, trusting only established, regulated brokers remains essential for safeguarding my capital and trading interests.

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