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Could you give a comprehensive overview of GEX's fees, covering both commissions and spreads?

Broker Issues
GEX
Fees and Spreads
04-14
United States
WikiFX
Reply

After thoroughly reviewing all available information about GEX, I must be upfront: it is not possible for me to provide a comprehensive breakdown of GEX’s fees, including commissions or spreads. As a trader, I always prioritize transparency and regulatory oversight when assessing a brokerage, and I found GEX lacking on both fronts. The brokerage currently holds no regulatory licenses and there is a significant lack of detailed information on their official website, especially regarding trading conditions such as fee structures. This lack of disclosure around commissions and spreads immediately raises red flags for me. When a broker does not make these basic details publicly accessible, it severely undermines trust and makes it difficult for anyone, particularly those newer to trading, to make informed decisions. In my own trading practice, clear visibility on costs is non-negotiable, as hidden or opaque fees can quickly erode trading profitability and signal deeper issues with a broker’s operational transparency. Given these uncertainties and in line with a very cautious approach, I would recommend against making any assumptions about GEX’s fees until verifiable information is made available directly from the company, ideally with evidence of regulatory oversight. For now, I would urge traders to consider alternatives that provide full fee transparency and regulatory protection as a minimum standard.

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