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In my experience as a forex trader, understanding the commission structure is vital to evaluating any broker. When it comes to nabtrade, I have found the situation is a bit different from the typical ECN or raw spread account setups that many forex brokers offer. According to the background information, nabtrade is primarily positioned as an investment platform that provides access to shares, fixed income, managed investments, and also offers margin loans and a high-interest cash account. It is not described as a classic forex brokerage focusing on ECN or raw spread accounts, and, importantly, it is unregulated—a factor I approach with considerable caution due to the security and fund protection concerns that this implies. Specifically regarding commission or fee structures, nabtrade advertises online trading of domestic and international shares from as low as $9.95, alongside foreign exchange when dealing with international equities. However, I could not locate any indication that nabtrade offers traditional forex ECN or raw spread accounts, nor any information about per-lot commission charges typical of such account types. This is a meaningful distinction—most forex brokers with ECN accounts will clearly state their per-lot pricing, but nabtrade appears to operate under an investment platform model, not a forex-centric ECN fee structure. Because nabtrade is not regulated and details on direct forex trading commissions are notably absent, I would be very cautious about using this service for any forex trading that requires a transparent, per-lot commission model. For my own trading, clarity, transparency, and robust regulation are mandatory prerequisites when selecting a broker.