WikiFX

Sagot

As a trader with years of experience, transparency around trading conditions is absolutely essential for my decision-making, especially when it comes to understanding spreads on major pairs like EUR/USD. When I researched NGG, I found that they are exclusively focused on gold trading and do not appear to offer forex pairs such as EUR/USD at all. Their available instruments are limited to gold, backed by a rather unique collateral system based on physical gold bars. As a result, there is no published information regarding typical spreads for EUR/USD on any account type with NGG. This lack of forex offerings was a significant red flag for me, particularly as a trader who values having diverse asset choices and clear information on trading costs like spreads. Furthermore, NGG operates without any regulatory oversight, so even if they did expand their product list, I would remain cautious regarding transparency and trader protections. For those considering trading forex pairs, my experience suggests it is prudent to look for well-regulated brokers with detailed, accessible information on trading conditions. Until NGG provides clearer disclosures and expands its tradable instruments, I cannot evaluate or recommend their platform for EUR/USD trading.