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Arnold Joseph
1-2 years

Does ZLK offer fixed or variable spreads, and how are these affected during periods of high market volatility, such as major news releases?

Broker Issues
ZLK
Fees and Spreads
08-15
United States
WikiFX
Reply

From my experience as a trader thoroughly researching brokers before committing any funds, I approach platforms like ZLK with particular caution. One major concern with ZLK is the lack of publicly available information about their spreads—whether fixed or variable. This lack of clarity leaves me unable to directly compare their offering to brokers with transparent trading conditions. Adding to my unease is that ZLK operates without any valid regulatory oversight, raising significant questions over their risk management and duty of care to clients. With established and regulated brokers, spread policies—whether fixed or variable—are clearly disclosed and there’s typically documentation on how spreads may widen during high-volatility events like major economic news. In contrast, ZLK’s absence of such disclosures means I cannot reliably predict how their spreads behave under stressful market conditions. Without demo accounts or transparent fee structures to test, I would have no way of confirming if spreads remain fair, or if they dramatically widen during news releases, potentially leading to poorer trade executions and heightened trading costs. Given the high potential risks and lack of regulatory backing, I personally would not feel confident trading around news releases or during volatile times on ZLK’s platform. For me, the unpredictability of trading costs in these conditions is unacceptable, especially when paired with the overall lack of transparency. My view is that this uncertainty presents a material risk to anyone considering active trading, especially during key market events.

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