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As an experienced forex trader, my approach to any broker always starts with a careful consideration of their transparency, regulatory standing, and the clarity of their fee structures. In the case of HCFX, I found a distinct lack of detailed, public information concerning their commissions, spreads, or any other specific trading costs. From my perspective, this lack of fee disclosure is a notable concern, especially in a market where competitive and transparent pricing should be a given. HCFX positions itself more as a provider of institutional-grade services, offering custom FX solutions, hedging products, and treasury management aimed primarily at larger clients rather than retail traders. That said, I was unable to locate concrete details on their website or through available public records about typical spreads, commission rates, or any hidden costs. In my experience, reputable brokers at least offer example spreads or an average commission rate, even if their offering is custom or negotiable for high-volume clients. Compounding this is the fact that HCFX’s former FCA licenses now appear exceeded or invalid. For me, the loss of regulated status makes it even more critical for traders to have direct and transparent communication with the broker about all fees before engaging in any trading or treasury activities. I strongly caution against engaging with any financial firm without first obtaining a clear, written breakdown of all associated costs. Transparency in fees is essential to protecting one’s capital and ensuring informed decision-making. With HCFX, the absence of this clarity and the regulatory situation means I would proceed with considerable caution.