WikiFX

Sagot

As an independent forex trader, I always make it a priority to scrutinize a broker’s fee structure before considering them for live trading, as fees and commissions can meaningfully impact long-term profitability. With 4e, what immediately stands out to me is the lack of clarity and transparency around their commission and spread policy. The only specific information I could locate pertains to digital asset and stock trading. For digital currencies, 4e sets fixed withdrawal fees: for example, transferring out BTC is charged at 0.002 BTC, and withdrawing USDT-ERC20 incurs a 10 USDT fee. These fees seem higher than industry averages, especially given the irreversible nature of crypto payments, which is a particular point of caution in the absence of reliable regulation. For stock trading, 4e imposes a flat 2.2% commission on both buy and sell orders. In my experience, this is relatively steep compared to many established, regulated brokers who typically offer lower percentage-based or even flat-fee structures. All other asset classes—forex, commodities, indices—do not have commission details disclosed. Spreads are described as floating, but again, there is no meaningful data provided on typical or minimum spreads, which limits my ability to fully gauge the trading costs. This lack of detailed information around spreads or non-digital asset commissions is concerning. In my view, any broker that doesn’t make its full pricing structure absolutely clear is not a suitable candidate for serious trading, especially in the unregulated space where enforceable recourse is limited. For me, full cost transparency is fundamental to trust, and unfortunately, 4e does not meet that standard.