Global Broker Regulation Inquiry App
WikiFX
Shoofar
1-2 years

Could you break down what the total trading costs are for indices such as the US100 on MC900?

Broker Issues
MC900
Fees and Spreads
09-02
United States
WikiFX
Reply

Based on my experience as a trader, I place a strong emphasis on regulatory transparency and overall broker reliability before even considering specific trading costs. With MC900, several red flags immediately stand out to me. The broker is listed with an "Unverified" regulatory status—with suspicious license claims for both CYSEC (Cyprus) and FCA (UK)—yet no clear regulatory oversight is actually confirmed. To me, a score of 0.00 on the Regulatory Index reinforces the perception that oversight is lacking. This alone makes it challenging to accurately or confidently evaluate any costs, including those for index products like the US100. From my own process, I would look for detailed, independently verifiable information directly from the broker, particularly regarding spreads, commissions, swaps, and any extra fees. However, none of this appears to be openly disclosed, and the lack of transparent, up-to-date trading cost data poses a major risk for my capital. The general warning from the platform to "stay away" due to a low score is not something I take lightly. Even if MC900 suggests competitive index trading, the absence of trustworthy regulatory status means there’s no credible mechanism protecting clients from hidden fees or trade manipulation. In summary, given the high potential risk and limited transparency, I would not feel comfortable assessing or trusting the total trading costs for indices such as the US100 on MC900. For my trades, I prioritize brokers who clearly display all cost components and have verifiable regulation.

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com