WikiFX

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In my experience as a forex trader, evaluating a broker without full transparency around their trading conditions always requires extra caution. BizzTrade’s public information does indicate that spreads can vary — the minimum spread appears to range from 0.8 to 2.0 pips, depending on the account or instrument. However, there’s no clear commitment to either fully fixed or fully variable spread structures, and that ambiguity raises a flag for me. When spreads are variable, it’s common knowledge that they will widen during high-impact news events or when the market is volatile. This is due to reduced liquidity and sharp price swings, which compel brokers to broaden the spread in order to manage their own risk. With BizzTrade, the lack of regulatory oversight and minimal disclosure about how spreads might behave under stress makes it harder to anticipate your true transaction costs in fast-moving markets. In environments like this—especially with no reliable regulatory protection—my approach is always to exercise skepticism and refrain from trading around major news unless I fully understand a broker’s execution model. Ultimately, this level of opacity around spreads during critical periods does not give me confidence to risk significant capital with this broker.