Based on my research and experience navigating broker offerings, I could not find clear, detailed information from KKJSEC regarding their spread structure—whether fixed or variable spreads are in use. This, for me as a trader, is a significant concern. Transparent disclosure of spread dynamics is critical, especially when planning for execution costs under various market conditions. In my practice, the type of spread—fixed or variable—directly affects my risk planning during major news events or volatile sessions. With reputable and regulated brokers, I usually expect explicit documentation about spread policy, which gives me confidence in cost predictability. However, KKJSEC not only omits this detail but also operates without regulatory oversight from SEBI or any recognized authority. To me, this lack of regulation amplifies vulnerability, as traders may face unexpected spread widening during high-impact announcements, a time when trade execution and cost management are most crucial. Without transparent data from KKJSEC on how their spreads behave during volatility, I have to err on the side of caution. From an experienced perspective, this opacity is a red flag; I think it's prudent to avoid trading with any brokerage where core trade conditions, especially around cost and execution during news events, are unclear and unregulated.