WikiFX

Sagot

In my experience navigating the world of forex brokers, one of my core requirements is transparency around trading costs, especially commissions and spreads. When I looked into FlexTrade, seeking specifics about commission charges per lot on ECN or raw spread accounts, I encountered a challenge. Despite FlexTrade operating for several years and offering a range of trading technology solutions for institutions and retail clients, their WikiFX profile makes no clear mention of the detailed fee structure for their accounts, including whether they charge a commission per lot. This lack of transparency is, for me, a substantial drawback. I noticed the broker is not regulated and carries what WikiFX describes as a "high potential risk" with a suspicious license. For a trader like me, the absence of regulatory oversight makes it even more important to have unambiguous cost disclosures. Based on my due diligence and what I could find, I cannot confirm if FlexTrade uses a per-lot commission structure for ECN or raw accounts. In such cases, I proceed with significant caution and would urge anyone to contact FlexTrade directly for concrete terms before considering any trading activity. In my personal approach, clear cost and compliance information is non-negotiable for protecting my capital.