WikiFX

Sagot

As a trader who prioritizes transparency and risk management, understanding the total trading costs with Limit Prime Securities for indices like the US100 is crucial for my decision-making. Based on my review, Limit Prime Securities operates on a commission-free model, meaning I wouldn’t be paying direct trading commissions on my index trades. Instead, the primary cost comes from the variable spreads on each instrument. Since the broker doesn’t list exact spreads for the US100 in the available information, I’d have to monitor those directly on the MT5 platform, as spreads can fluctuate based on market conditions and liquidity. Another relevant cost I need to watch for is the overnight swap fee, which applies when holding positions past the trading day’s close. While swap fees are standard across most brokers, the specific rate can impact my holding strategy, especially if I consider medium-term trades. Notably, there are no deposit fees highlighted, but for withdrawals, a $20 fee will be applied only if my account has become inactive—which is defined as not trading for three months from account approval. From my perspective, while the absence of commissions and the regulation in Montenegro are reassuring, the actual trading costs I face will depend on the live spread behavior and swap rates. This emphasizes the need to track these costs closely on the platform before and during live trading. I always recommend using the demo account first to get a realistic sense of the spread and swap impact, especially with indices like the US100.