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Based on my careful examination of Swiss Gold, I was unable to find any authoritative or transparent information about whether they offer fixed or variable spreads. This absence of detail is a significant concern for me as an independent forex trader. In my experience, reputable brokers are always upfront about their spread structures, since spreads directly affect trading costs, especially during high volatility when market news breaks and price gaps can widen or spike unexpectedly. The lack of clarity here makes it impossible for me to gauge what to expect during fast-moving markets—an unacceptable level of uncertainty for my risk management needs. Furthermore, the broker operates without any valid regulatory oversight and is flagged for suspicious business practices. For me, this raises additional red flags because unregulated brokers often don't follow industry standards when it comes to execution, slippage, or spread transparency during events that move markets. Based on what I’ve seen, I would approach Swiss Gold with extreme caution simply because I can’t verify how they handle spreads in routine or turbulent market conditions. As a trader who relies on transparency and robust regulation to protect my capital, I require these details upfront before considering any broker.