WikiFX

Sagot

As an experienced trader who has assessed multiple brokers for trading various asset classes, I must highlight that ABX specializes in physical precious metals rather than traditional indices like the US100. From the information available, ABX’s focus is strictly on gold, silver, and platinum, offered via their proprietary MetalDesk platform. There is no indication of support for index trading or typical index CFDs, which means instruments such as the US100 are not available on ABX. Given this, I cannot provide a direct breakdown of trading costs for US100 on ABX because such an instrument is not listed for trading on their platform. Generally, with precious metal brokers like ABX, costs would revolve around spread, possible commission per trade, and potential storage or delivery charges given the physical nature of the products. However, it’s crucial to note that in the absence of regulation and transparency, as highlighted by their lack of valid regulatory status and high-risk profile warnings, even fee structures for metal products deserve extra scrutiny. For indices, I usually expect costs like spreads, overnight financing, and possibly commissions; yet none of these are relevant to ABX for instruments like the US100. Anyone interested in index trading may need to seek out a regulated platform that offers these instruments with transparent cost breakdowns. This cautious approach to unregulated brokers is vital to safeguard capital and ensure fair dealing.