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Rustam R
Within 1 year

Does RONGTONG GOLD charge a commission per lot traded on their ECN or raw spread accounts?

Broker Issues
RONGTONG GOLD
Fees and Spreads
04-15
United States
WikiFX
Reply

As an experienced trader who prioritizes safety and transparency, I always make it my first task to verify a broker's account structure and fee schedules before considering any engagement. When examining RONGTONG GOLD, I found it troubling that their platform information did not clearly indicate the presence of ECN or raw spread accounts, nor did it provide explicit details about any commission charges per lot traded—details I expect from a trustworthy brokerage. The lack of regulatory status raises serious concerns for me, as does the overall absence of transparency regarding trading costs, including commissions and spreads. I have learned the hard way that any broker unwilling or unable to disclose this essential information upfront is not one I would feel comfortable trading with, regardless of how long they have been in business or the range of services offered. For me, clear disclosure of trading fees is critical not just for cost management but also for trust. Given the information available, I could not find reliable confirmation that RONGTONG GOLD even offers ECN or raw spread accounts, let alone their commission structure. In my experience, if a broker cannot provide fundamental account and fee details, it is a strong signal to proceed very cautiously, if at all. For my own trading, I would avoid platforms that do not make their costs transparent and regulated.

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