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Xxpro
1-2 years

Could you break down what the total trading costs are when trading indices such as the US100 on DXtrade?

Broker Issues
DXtrade
Fees and Spreads
08-12
United States
WikiFX
Reply

As an experienced forex trader, when I assess a platform like DXtrade for trading indices such as the US100, I prioritize transparency around direct trading costs and the overall safety of my funds. It's important to note that, based on the most recent information available, DXtrade is not a regulated broker and primarily positions itself as a software provider rather than a traditional brokerage. For me, this is a significant consideration, as unregulated environments tend to lack the oversight I rely on for capital protection and transparent fee structures. Because DXtrade does not operate as a typical broker but rather as a technology provider for brokers and prop trading firms, there isn’t publicly available, trader-focused detail about spread sizes, commission rates, overnight financing charges (swap/rollover), or other explicit costs for trading indices like the US100. I personally hesitate to engage with platforms where the total cost per trade—spreads, commissions, and any hidden fees—isn’t laid out clearly and verifiably. Even if a demo is available, it's intended for broker evaluations, not retail trading, so simulated costs may not reflect real trading. For my own trading, I only consider venues where regulation and fee transparency are strict, and where trading costs are fully disclosed before any commitment. For DXtrade, due to the current lack of regulation and cost transparency, I cannot confidently evaluate or recommend their offering for US100 index trades.

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United States
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