WikiFX

Sagot

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.