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Sanjay sirohi
Within 1 year

Could you give a comprehensive explanation of ARGUS’s fees, covering both commissions and spreads?

Broker Issues
ARGUS
Fees and Spreads
06-11
United States
WikiFX
Reply

As a trader with many years navigating global markets, I find transparency around fees to be crucial when evaluating any broker. Unfortunately, my deep dive into ARGUS left me with several unanswered questions regarding their commission structure and spreads. While ARGUS is a long-standing, CYSEC-regulated broker based in Cyprus, the available information makes it challenging to form a complete picture of their exact fee model. Their platforms—ARGUS Trader for local exchanges and Argus Global Trader (powered by Saxo) for broader markets—may have distinct cost structures, yet no explicit details about commissions or typical spreads are presented publicly. In my experience, regulated brokers in Cyprus usually operate on either a commission-based or spread-based pricing model, particularly with STP (Straight Through Processing) systems like ARGUS advertises. However, the absence of clear, documented fee schedules raises a red flag for me. It can mean that costs vary case by case or according to asset class, but as a prudent trader, I need that transparency upfront to manage my risk and expectations. Even though regulatory oversight can offer some protection, ambiguous fee information significantly affects trust. In my practice, lack of fee clarity leads me to proceed with caution, as hidden or unexpected costs may negatively impact trading outcomes. For anyone considering ARGUS, I would strongly recommend first confirming all specific commission and spread details directly with the broker, in writing, before committing real capital. That’s the only way to be certain you understand the true cost of trading on their platforms.

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