WikiFX

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From my own research and experience evaluating brokers like Apiary Fund, caution is essential—especially since, according to all available data, Apiary Fund is not subject to any valid external regulation. When it comes to account types and commission structures, transparency is fundamental for me. However, in the case of Apiary Fund, there is a notable lack of clear, specific information on their website regarding ECN or raw spread accounts, or any explicit details about commission fees per lot traded. As someone who prioritizes risk management and thorough due diligence, I find this absence of transparent fee structures and official documentation troubling. In my view, regulated brokers generally provide detailed descriptions of all costs associated with trading, including whether ECN or raw spread accounts have per-lot commission fees. With Apiary Fund, not only does the unregulated status increase the inherent risks, but the absence of published fee schedules or precise account information makes it impossible for me to confirm the presence or absence of commissions. Personally, I would not proceed with any broker where basics such as commissions remain unclear. For traders who value security and cost predictability, relying on firms with clear regulatory oversight and transparent cost disclosures is critical. In unclear or opaque situations like with Apiary Fund, my strongest recommendation is to exercise significant caution and seek out providers with comprehensive, published fee structures.