WikiFX

Sagot

As an experienced trader, I want to be clear and cautious when evaluating brokers, particularly when it comes to something as crucial as spreads on major pairs like EUR/USD. In my review of India Advantage, I was unable to find any transparent, published information regarding the typical spread for EUR/USD on a standard account. This omission is significant for me, as understanding trading costs is essential to managing risk and profitability. From my perspective, the lack of data on spreads is part of a broader transparency issue. India Advantage is not regulated and carries a high-risk warning, according to every credible source I checked. There are also some concerning gaps, such as the absence of demo accounts and industry-standard trading platforms like MT4 or MT5. For me, the ability to compare spreads and transaction costs, especially on common forex pairs, is fundamental in choosing a broker. Without this, I am left unable to make an informed judgment about the cost structure with India Advantage. Personally, I would urge extreme caution if you are considering this broker, particularly since you cannot verify even basic metrics like spreads. In my experience, full transparency around trading costs is non-negotiable for safety and fair trading conditions.