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Could you break down the complete trading costs for indices such as the US100 when using Everforex?

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

As an independent trader who relies heavily on transparency and regulatory oversight, I’ve taken a very cautious approach when evaluating brokers, especially unregulated ones like Everforex. From my thorough review of Everforex’s public information, it’s important to clarify upfront that this broker does not offer indices trading—including products like the US100. Their product range is limited solely to currency pairs, with a specialty in Chinese and major world currencies. There are no shares, commodities, ETFs, bonds, or mutual funds available, and specifically, no indices are listed anywhere as tradable instruments. From my experience, absence of key asset classes such as indices is a significant limitation. The lack of a demo account also means I couldn’t even test or verify the platform for hypothetical index trading costs or mechanics. In terms of cost disclosure, while Everforex advertises “tight spreads” for their forex offerings, there’s zero publicly available data on commissions, swaps, or additional fees, at least for indices—because those products are simply not on offer here. Given Everforex’s unregulated status and the overall lack of transparency about costs and product lineup, I would personally never assume any trading possibility outside what’s officially listed. I urge anyone—even if specifically seeking index trading like the US100—to look elsewhere, ideally toward fully regulated brokers with a verifiable and comprehensive product list and transparent fee structure. My strong recommendation is to always prioritize safety and clear information, especially in the forex and CFD space.

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