WikiFX

Sagot

Speaking from my experience as an independent trader, I always perform a comprehensive assessment of total trading costs before considering any broker, especially those without established regulation. On Questh X, I found their trading conditions particularly opaque and high-risk. According to the available data, spreads for major instruments—including indices like the US100—are advertised "from 0.6." In my experience, “from” can sometimes indicate that typical spreads may be considerably wider in volatile periods or under less liquid conditions, which directly affects my cost calculations. Crucially, there is no transparent information about commissions, overnight swap rates, or specific account fees. This lack of clarity prevents me from estimating the real, all-in trading costs—I am not able to factor in commissions or hidden charges that could greatly impact profitability, especially for high-frequency or large-volume index trading. Notably, Questh X imposes enormous minimum deposit requirements (as high as $10,000 to $1 million, depending on account tier), which is far above industry norms and an immediate red flag for me as a risk-conscious trader. Given that the broker is explicitly identified as having no valid regulatory status and has received serious warnings and negative user reports (including allegations of withdrawal blockage), even a modest spread becomes irrelevant if there is no practical access to my funds. For this reason, I personally would caution against using Questh X for index trading or any other financial activity—cost is not just about the spread, but about transparency, security of funds, and regulatory protection, all of which appear sorely lacking here.