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Karoline Hardy
Within 1 year

Could you give a comprehensive overview of ALTAIR MARKETS’s fees, covering both their commissions and spreads?

Broker Issues
ALTAIR MARKETS
Fees and Spreads
06-16
United States
WikiFX
Reply

In my experience as a trader, ALTAIR MARKETS takes a distinctive approach to fees by charging commissions solely on profits. This means that, rather than taking commissions on every trade or charging hidden fees, their interests are fundamentally aligned with the client's success—I would only incur a commission when I actually make a profit. On paper, this appears fairer compared to some traditional broker models that impose fees regardless of my trading outcomes. However, I want to stress that this commission-only-on-profits model does not eliminate inherent risks or guarantee profitability; it simply structures their compensation differently. Despite the clarity around their profit-based commission framework, I found that crucial details about spreads are notably absent. The broker’s website and available information do not disclose specific spread values or even a range, which, for me, is a significant gap. Knowing spread costs is essential because they impact my actual trading expenses—tight, transparent spreads are a key factor I weigh when choosing a broker. Without this information, I cannot accurately assess my total cost of trading with ALTAIR MARKETS. Given the absence of concrete details on both the spread structure and potential additional costs, I remain cautious. A transparent fee schedule, with explicit disclosure of spreads and any additional charges, is something I expect from any broker I consider. The fact that ALTAIR MARKETS does not provide this information reinforces my need for due diligence and conservatism when evaluating their offering. Without regulatory oversight, this lack of fee clarity is especially concerning for me as an independent trader.

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