WikiFX

Sagot

As someone who always prioritizes safety and transparency when choosing a forex broker, I have to say that with Pubali Bank, there are some significant information gaps that immediately catch my attention. Despite its long-standing presence in Bangladesh and its broad array of traditional banking services, I could not find any reliable, official disclosure of the typical EUR/USD spread for their standard trading account. For me, this absence of published trading fee details is a red flag, especially since tight, consistent spreads are critical to my trading costs and strategy. Moreover, according to the background available, Pubali Bank is currently unregulated and carries a “high potential risk” label, with a “suspicious regulatory license” noted. In my experience, the lack of regulatory oversight significantly increases the risks for retail traders, not just in terms of spreads, but also in order execution, fund safety, and dispute resolution. This absence of both fee transparency and robust regulation is a serious concern. Personally, unless I could verify concrete information about their spreads and other trading conditions—preferably backed by credible, independent sources—I would take a very cautious approach before trading with Pubali Bank or trusting them with substantial funds. For key details like EUR/USD spreads, I would only rely on brokers with clear, upfront disclosures and recognized regulatory oversight.