WikiFX

Sagot

Based on my own research and experience with platforms like BOT, I have to note that there is a significant lack of transparency regarding key trading conditions, including the typical spread for major pairs such as EUR/USD. Despite BOT being a large entity that is positioned as the central bank of Thailand, the information available does not specify details about trading accounts, spreads, or related conditions customary to well-regulated forex brokers. For me, this is a major concern because having access to reliable spread data is essential when planning trades and managing transaction costs. Furthermore, it is critical to highlight that BOT operates without explicit regulatory oversight as a forex broker, and multiple user reports point to serious issues, especially with withdrawals and potential scams. As an independent trader, I always prioritize brokers that clearly disclose their trading conditions and maintain strong regulatory credentials, as these factors are crucial for both cost assessment and overall trustworthiness. Without verified figures or transparent terms from BOT, I simply cannot quote a typical spread for EUR/USD, and I would advise extreme caution before committing any funds or starting to trade through this platform. My approach is always rooted in risk awareness, and in this case, the lack of spread disclosure itself is a clear risk signal.