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Mansuber007
Within 1 year

Does DEGUSSA offer fixed or variable spreads, and how are these spreads affected when there is significant market volatility or major news releases?

Broker Issues
DEGUSSA
Fees and Spreads
05-08
United States
WikiFX
Reply

After thoroughly reviewing DEGUSSA’s background and current operational setup, I was unable to find any straightforward information about whether they offer fixed or variable spreads for trading. In my own experience, credible brokers typically provide detailed disclosures about spreads, whether fixed or variable, because this is a key factor in trading costs and risk management. The absence of this information raises concerns for me, especially considering DEGUSSA is not regulated by any recognized authority. Without transparent mention of spread types or how pricing is managed during market volatility or news releases, I find it very difficult to assess the actual trading environment DEGUSSA provides. Usually, during high-impact news events or heightened volatility, variable spreads can widen significantly, potentially leading to unexpected costs. Fixed spreads are designed to shield against such fluctuations, but in the absence of regulation and clear policy statements, there is no guarantee for traders about the conditions DEGUSSA would maintain. Given these uncertainties and the firm's unregulated status, I would proceed very cautiously. For me, transparency around spreads—especially during volatile periods—is essential for making informed trading decisions and managing risk. I would need clear, direct answers on this front before considering engaging with DEGUSSA.

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