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sweetosh
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Could you give a comprehensive overview of Fortex’s fee schedule, covering both their commission charges and spread costs?

Broker Issues
Fortex
Fees and Spreads
07-23
United States
WikiFX
Reply

In my experience as a forex trader concerned with transparency and safety, I find that evaluating Fortex’s fee structure requires extra diligence due to their lack of regulatory oversight and limited public disclosures. The information available does not provide a clear, published breakdown of commissions or detailed spread costs. From what I can gather, Fortex positions itself primarily as a technology provider, offering trading solutions and ECN platforms like Fortex 7 and AlgoX, rather than acting as a standard retail broker with a straightforward, published fee schedule. User feedback does mention stable spreads and competitive trade execution, particularly in fast-moving markets, which may suggest that Fortex infrastructure is designed to support tight spreads, a hallmark of true ECN environments. However, without valid regulation and industry-standard client protection, there is simply no verifiable assurance regarding how commissions are applied or whether any markups alter the raw spreads from liquidity providers. Additionally, at least one user review claimed trade manipulation and difficulty in resolving issues due to poor customer support, which raises further concerns about cost transparency. For me, without direct regulatory oversight and fully detailed public documentation, I would urge great caution. It’s not possible to confidently outline Fortex’s fee model based solely on available information, and I would strongly recommend that traders demand complete clarity and proceed only with full due diligence before engaging with any unregulated entity.

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