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Based on my experience as a forex trader, assessing trading costs is fundamental before choosing any broker, especially for popular indices like the US100. With Swiss Gold, however, I encountered significant difficulty gathering transparent or reliable information about their fee structure. According to the background context, Swiss Gold currently lacks any valid regulatory oversight and has only been operating for less than a year. The platform’s business, risk management, and regulatory indexes are notably low, which inevitably raises substantial doubts about its legitimacy and the safety of client funds. Beyond the absence of official regulation, there is a lack of published details around spreads, commissions, overnight swap rates, or any other transaction fees tied to indices such as the US100. For me, this lack of clear cost disclosure is a red flag, as reputable brokers usually provide comprehensive information about trading costs up front. Furthermore, the only available user testimony describes serious withdrawal issues and potential fraudulent activity, rather than concrete trading conditions or fee structures. Given this opacity, I am unable to reliably determine Swiss Gold’s total trading costs for the US100 index—or any instrument. Personally, I would not risk trading under these circumstances, as the inability to clearly calculate and anticipate cost exposures can be detrimental both financially and mentally for any trader. Until Swiss Gold demonstrates transparency and obtains credible regulation, I would exercise the utmost caution and look elsewhere for brokers that ensure both cost clarity and investor protection.