WikiFX

Reply

As a trader who has explored GUOSEN FUTURES, I’ve observed that transparency on traditional forex fees such as “spreads” is not as prominent here, since this broker specializes in a variety of futures instruments rather than spot forex. Typically, with Chinese regulated futures brokers like GUOSEN FUTURES, trading costs primarily come from commissions and exchange-set transaction fees on futures contracts. These fees are usually standardized by the relevant exchange and charged per contract traded, rather than via dynamic spreads as seen in retail forex. In my experience, commission rates and associated trading costs can vary significantly by product—whether you’re trading metals, energy, or agricultural goods. Spreads, in the forex sense, don’t usually apply to listed futures since pricing is set by open market order flow on central exchanges, though there can be differences between bid and ask, especially in less-liquid contracts. Notably, GUOSEN FUTURES’ official materials do not prominently display detailed fee schedules online. Based on the industry norm, I’ve always made it a priority to request a full breakdown and clarification from customer service before committing capital, as fee ambiguity can materially impact net results, particularly for high-frequency traders. Given the lack of demo accounts and feedback that the interface and support can be slow or unresponsive at times, I would recommend anyone considering GUOSEN to carefully consult their support channels for a current and comprehensive fee breakdown before proceeding. For me, ensuring clarity around commissions and all ancillary fees is a non-negotiable step before opening any live trading relationship, especially in a market where cost structures are not internationally standardized or immediately transparent.