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Moshiheya
Within 1 year

Could you break down the total trading costs involved when trading indices such as the US100 on GEX?

Broker Issues
GEX
Fees and Spreads
08-22
United States
WikiFX
Reply

Based on my careful review of GEX, it’s important to highlight that, as of now, there is a concerning lack of transparent information regarding their trading conditions and costs—especially for popular indices like the US100. As a trader with a strong focus on risk management and transparency, I was unable to find any published details on typical spreads, commissions, overnight financing rates, or other associated trading costs for index products through official GEX channels. The absence of regulation is a critical issue that directly impacts the reliability of any cost-related claims. From my experience, brokers that are not subject to oversight often do not provide clear fee structures, which makes it exceedingly difficult for traders like myself to properly evaluate the true cost of entering or maintaining trades. This lack of clarity means that hidden fees or unfavorable pricing could exist, posing additional risks to one’s capital. Furthermore, the limited and vague information available on their website, as well as no specific mention of instruments such as indices, significantly undermines confidence in what to expect regarding transaction expenses. Given these factors, I cannot provide a breakdown of total trading costs for the US100—or any index—on GEX. For me, this lack of transparency and oversight is a red flag, and I would exercise extreme caution before considering any trading activity with GEX.

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