Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Nagarjuna
Within 1 year

Could you break down the total trading costs involved when trading indices such as the US100 on RONGTONG GOLD?

Broker Issues
RONGTONG GOLD
Fees and Spreads
07-21
United States
WikiFX
Reply

For me as an experienced trader, assessing total trading costs is absolutely essential before considering any broker. When I examined RONGTONG GOLD, I found some serious challenges in determining actual trading costs, especially for indices like the US100. The biggest issue for me is the fact that RONGTONG GOLD is not regulated, and there is a clear lack of transparency around their fee structure. While the broker has operated for several years and offers various financial products, the information provided does not specifically break down spreads, commissions, overnight financing rates, or any other typical trading charges that I would expect to see clearly disclosed. From a risk management perspective, this opacity raises a major red flag. Without regulation, there’s no oversight to ensure that trading conditions—such as spreads and fees—are competitive or even fair. In my experience, reputable brokers are upfront about their cost structure, because they recognize how critical it is for traders to calculate potential profit and loss scenarios accurately. With RONGTONG GOLD, I could not verify how trading costs would accumulate, whether there are hidden fees, or what bid/ask differentials one might face on popular indices like the US100. For me, this lack of clarity and oversight makes it extremely difficult to consider opening or funding an account, regardless of what products are on offer. Ultimately, if understanding your exact trading costs is important—as it is for me—I would advise approaching RONGTONG GOLD with significant caution. I would not trade with any platform where these fundamental details are so unclear and the risks so elevated due to missing regulatory protection.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com