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TJensen
Within 1 year

Does NGG charge a commission per lot on its ECN or raw spread accounts?

Broker Issues
NGG
Fees and Spreads
01-29
United States
WikiFX
Reply

Based on my detailed review of NGG, I have not found clear or specific information regarding commissions per lot for ECN or raw spread accounts. NGG primarily specializes in gold trading and offers access to the MT5 platform, as well as its own trading application. However, NGG is not regulated and there is limited transparency on important trading conditions such as fees, spreads, or commissions. As someone who values risk management and transparency in all my trading decisions, I consider the lack of regulatory oversight and insufficient disclosure of cost structures to be significant concerns. More specifically, I noticed no direct mention of account types like ECN or raw spread, nor are there specifics on per-lot commission charges. This omission is especially concerning for me since understanding the exact fee model is crucial for calculating my potential trading costs and accurately managing risk. The absence of this information prevents proper cost analysis and could lead to unexpected trading expenses. For me, trading with a provider where commissions and all fees are fully and clearly disclosed is essential. Without this, I am unable to confidently recommend NGG as a transparent or low-cost broker, especially when there are other well-regulated options that provide far greater clarity on their commission structures.

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