WikiFX

Reply

As an experienced forex trader, one thing I consider seriously before funding any account is the transparency of trading costs—especially spreads on major pairs like EUR/USD. After carefully examining IQ Option’s available information, I found that they do not clearly publish typical spreads for EUR/USD or any other currency pairs. This lack of explicit details immediately concerns me because, in forex trading, knowing the standard spread is fundamental to estimating trading costs and planning risk management strategies. The absence of this key information is particularly risky considering that IQ Option operates without any regulatory oversight, and even their WikiFX profile marks them as high risk and unregulated. In my experience, regulated brokers routinely provide clear, upfront spread data to help traders make informed decisions. When this transparency is missing—especially when combined with no regulatory backing—I become very cautious. Personally, I would not feel confident trading EUR/USD or any pair here unless IQ Option provided specific, reliable spread details and improved its overall transparency. For anyone managing real capital, I cannot stress enough the importance of full clarity on trading fees. Given the context and my own professional priorities, the lack of disclosed EUR/USD spreads at IQ Option is a significant red flag.