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Based on my careful review of S Broker’s details, it’s important to clarify that there is no specific information about whether S Broker offers fixed or variable spreads. As someone who relies on transparent trading conditions, I find it concerning that this key detail is not readily disclosed. In the past, a broker’s handling of spreads—especially during major news events—has had a direct impact on my trading outcomes. During such high-volatility periods, variable spreads can widen significantly, leading to unexpected costs or even slippage, while fixed spreads, if available, offer some cost predictability but are rarer and sometimes come with their own restrictions. For S Broker, the added risk is amplified by its lack of formal regulation. Without oversight, there are fewer safeguards to ensure fair or consistent pricing practices. This makes it very difficult for me to evaluate how their spreads might behave in real-time market stress or news-driven movement. In my experience, especially with unregulated brokers, I exercise heightened caution as spread manipulation or rapid expansion under volatile conditions is a real concern. Without clear, trustworthy data on their spread model and with the absence of regulatory protection, I cannot make any assumptions and would not be comfortable trading news events or volatile markets with S Broker. My advice is to approach with considerable caution and prioritize transparency and regulatory backing in any broker you choose, particularly when cost structure is unclear.