WikiFX

Sagot

As an experienced trader, I prioritize transparency and regulatory oversight when evaluating any broker. In researching MONETARY GOLD, I specifically looked for details such as spreads—especially on major pairs like EUR/USD—since tight spreads can greatly impact trading costs over time. However, I was unable to find any concrete or published information regarding the typical spread for EUR/USD on a standard account with MONETARY GOLD. What concerns me more is that MONETARY GOLD currently shows no valid regulatory information and has been flagged with a high potential risk and a notably low trust score. This lack of supervision suggests that important trading conditions, including spreads, may not be disclosed or could be subject to arbitrary changes. In my view, entering trades without transparent cost structures opens up risks that I am personally not comfortable accepting. For my own trading, I always choose brokers who are strictly regulated and provide upfront, detailed information on spreads, account types, and all related fees. Without such clarity from MONETARY GOLD, I would be cautious, as I cannot properly assess the trading costs or the safety of funds with this broker.