WikiFX

Sagot

As someone who relies deeply on clear fee structures and strong transparency, I was disappointed that NGG does not publicly disclose whether it offers fixed or variable spreads. This lack of information immediately raises a red flag for me, as understanding the cost of trading—especially the way spreads behave in volatile conditions—is fundamental to risk management. In my experience, legitimate brokers are up front about their spread models, since pricing can have a significant influence on strategies and outcomes. When a broker, particularly one specializing in gold like NGG, keeps spread information opaque, it makes it difficult for me to anticipate trading costs during news-driven volatility. Based on what’s available, I would need to assume there is a possibility of wide fluctuations in spreads, as unregulated brokers often set terms that can change without notice. In high-impact situations, spreads can widen dramatically, causing slippage or unexpected costs. Since NGG is not regulated and details are scant, I have to be extra careful; the absence of transparent, regulated procedures means my risk of encountering sudden, unfavorable spread changes is much higher. For me, this calls for serious caution and, frankly, hesitation before funding any account with them.