WikiFX

Sagot

As an experienced trader who prioritizes safety and transparency above all, I approached fxonet with considerable caution. During my due diligence, I noticed that reliable information about their typical spreads—specifically for EUR/USD on a standard account—was not available or clearly disclosed by the broker. This lack of transparency immediately raised concerns for me because consistent, public access to spread information is a basic expectation for any trustworthy forex broker. Without regulated oversight or published trading conditions, it is impossible for me to determine what spreads to expect or to compare fxonet meaningfully with reputable, well-regulated competitors. In my experience, when a broker does not disclose vital details like typical spreads, it presents an unnecessary risk to traders who need to assess real trading costs and execution quality before committing funds. Coupled with fxonet’s unregulated status, suspicious business signals, and low credibility scores, I do not feel comfortable trading with them or making assumptions about the competitiveness of their EUR/USD spreads. For critical financial decisions, I prefer brokers that openly confirm all key costs, including spreads, to ensure I am making fully informed and prudent choices.