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Within 1 year

Do SSI’s ECN or raw spread accounts charge a commission for each lot traded?

Broker Issues
SSI
Fees and Spreads
07-18
United States
WikiFX
Reply

Based on my careful review of SSI and drawing from my own experience as a forex trader, there are significant uncertainties with this broker that directly affect my ability to answer this question with confidence. SSI does not provide clear or comprehensive information about its account types, trading fees, or specific trading conditions. In particular, there is no mention of ECN or raw spread accounts, nor any transparent documentation about whether a commission per lot is charged for such accounts. From a risk management perspective, this lack of transparency is a red flag for me. As someone who prioritizes regulatory oversight and clear cost structures, I am concerned that SSI operates without valid regulation and does not offer straightforward disclosure regarding commissions or spreads. This situation introduces potential and unnecessary risks for traders, as understanding trading costs is fundamental for making informed decisions and maintaining profitability. Given these facts, I would not assume the presence or absence of commissions for ECN or raw accounts at SSI. For my own trading and peace of mind, I choose brokers who are clearly regulated and upfront about all fees. Until SSI addresses these gaps, I cannot recommend relying on them for professional or serious trading activities.

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