WikiFX

Sagot

As someone who approaches new brokers with caution, especially those operating in complex regulatory environments, I always make it a habit to carefully check their key trading conditions before considering live trading. In the case of ZHONGYANG, I found that they do not specify typical spreads for major forex pairs like EUR/USD on their standard account—at least not in the publicly available information. Their platform seems focused on securities and futures, with very detailed commissions and fee structures for these instruments, but no transparency about forex spreads. This omission is a significant concern for me, as transparent spread information is fundamental for managing trading costs and setting expectations accurately. In my experience, a credible broker will clearly display typical spreads, especially for popular pairs like EUR/USD. The lack of this information, coupled with ZHONGYANG’s noted regulatory issues (including exceeded or suspicious licenses and a medium potential risk alert), raises additional red flags for me. Without clear data on forex spreads, I would be extremely hesitant to trade EUR/USD—or any currency pair—with this broker. I strongly recommend seeking a broker that provides full transparency on spreads and regulatory status to manage personal trading risk effectively.