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Yousef47
Within 1 year

Do CLC’s ECN or raw spread accounts charge a commission for each lot traded?

Broker Issues
CLC
Fees and Spreads
04-28
United States
WikiFX
Reply

As someone who relies heavily on clarity around trading costs, I always seek explicit details about commissions and fee structures before opening an account. With CLC, I found it concerning that their official materials provide no clear disclosure about ECN or raw spread account structures, nor do they mention any commission rates per lot. In my experience, transparency around these fees is essential because commissions significantly impact overall trading costs, especially for active traders. Standard practice for ECN or raw spread accounts is to charge lower spreads paired with a fixed commission per lot, but without published rates or even acknowledgment of such account types at CLC, I’m left with unanswered questions. Adding to my caution, there is a broader lack of information regarding minimum deposits, leverage, and withdrawal procedures, all of which are fundamental considerations for any trader evaluating a broker’s trustworthiness. While CLC does tout SFC regulation, there have been regulatory revocations in the past and a notable number of user complaints—especially issues with withdrawals—that increase my hesitancy. Until CLC openly clarifies their commission and fee policies, particularly for ECN or raw spread accounts, I would avoid making assumptions and advise other traders to proceed very carefully, ensuring all cost-related queries are addressed in writing before funding an account.

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