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Sergey5
Within 1 year

Could you outline the particular advantages EGM Securities offers in terms of its selection of trading instruments and its fee arrangements?

Broker Issues
EGM Securities
Regulation
07-17
United States
WikiFX
Reply

From my perspective as a trader, EGM Securities stands out in terms of the breadth of available instruments. I found it offers access to 62 currency pairs, 6 precious metals, 37 CFDs, and over 240 shares, along with indices and ETFs. For someone like me who values diversification, being able to engage with different asset classes in one place always adds flexibility—although I never make diversification my sole criterion. When it comes to fees, EGM Securities advertises spreads starting from 0.0 pips and appears to operate with $0 commissions on some instruments. This is a potential advantage for cost-sensitive traders, as lower trading costs can enhance long-term returns when compounded over many trades. However, I always approach "zero commission" claims with caution: hidden costs can sometimes appear elsewhere, such as through wider spreads or swap rates, so in any real-money situation I scrutinize all terms carefully. I also noticed the maximum leverage of up to 1:400, which, while enticing on paper, carries substantial risk. High leverage can rapidly amplify both gains and losses. For me, risk management is non-negotiable, and such high leverage warrants caution, especially with an unregulated broker. While the instrument range and low-advertised fees might be appealing, I cannot overstate the importance of a broker’s regulatory status. EGM Securities is currently unregulated, and that, for my own funds, significantly outweighs any cost or product benefit. Comprehensive due diligence and a conservative approach are essential before entrusting capital to any provider—especially one lacking regulatory oversight.

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