WikiFX

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As an experienced trader, I rely heavily on detailed and transparent information when evaluating a broker, especially relating to spreads. In my research and review of Univest Securities, I found that the available data is quite limited as to whether they offer fixed or variable spreads. This lack of clarity is a concern for me, particularly because spreads can significantly affect trading costs, especially during periods of high volatility such as major news events. An important detail that stands out is Univest Securities operates without any recognized regulatory oversight. In the forex industry, reputable brokers are generally forthcoming about their spread structures and how they behave during market fluctuations. The absence of this information makes it difficult for me to gauge the fairness or competitiveness of their spreads, let alone how they might widen in response to important market-moving news. From my experience, brokers without regulation and with ambiguous pricing often leave traders exposed to unpredictable trading conditions, which poses a risk that I am not comfortable taking. In summary, because Univest Securities does not disclose whether they provide fixed or variable spreads—and given their unregulated status—I would urge caution. Without transparency and reliable oversight, it is impossible for me to assess how their spreads behave during major news, which is a crucial factor for safe and informed trading.