Global Broker Regulation Inquiry App
WikiFX
J Forex Trader
1-2 years

Can you tell me what the typical spread is for EUR/USD when trading on RKFS’s standard account?

Broker Issues
RKFS
Fees and Spreads
08-18
United States
WikiFX
Reply

As an experienced trader, I approach platforms like RKFS with extra due diligence, particularly regarding core trading conditions such as spreads. Unfortunately, based on my research into RKFS, I could not find any transparent or official information specifying typical spreads for EUR/USD or other currency pairs on their standard account. In my years of trading, I’ve learned that when a broker does not disclose basic metrics like spreads, it is a red flag—especially for instruments as widely traded as EUR/USD. The lack of regulatory oversight compounds my caution. RKFS is unregulated, and the overall risk and lack of clear disclosures mean I have no reliable way to assess what spreads—tight or otherwise—would be offered in practice. For me, this opacity prevents me from considering RKFS a trustworthy venue for forex trading, as tight and consistent spreads are essential for order execution and cost management. Until RKFS publishes verifiable spread data for major pairs like EUR/USD, I personally would not feel comfortable trading with them, particularly given the risk associated with unregulated entities. In my view, traders should prioritize brokers who clearly and consistently publish all key trading conditions.

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com