WikiFX

Reply

Having traded for years and evaluated numerous brokers, I always pay close attention to the transparency of trading costs. With Trade Capital Markets, I examined the available regulatory and user information to determine if they clearly state a commission per lot on ECN or raw spread accounts. Unfortunately, based on the information I could review, the broker’s fee structure is not clear or openly disclosed. There is no specific indication of whether Trade Capital Markets charges a commission per lot, particularly for ECN or raw spread-type accounts. The lack of detail on this critical point meant I could not verify, as I would with more forthright brokers, the precise charges one might incur. For me, this raises some concerns. Fee transparency is a central aspect of trust for any trader, as hidden or unclear costs can impact overall profitability and risk management. Further, several user reports mention issues with withdrawals and a general lack of reliability, which reinforces my own caution. While Trade Capital Markets is regulated in Cyprus, the suspicion around other licenses and the vague way costs are presented leave me wary. I would personally refrain from trading significant funds here until I received concrete answers from their support regarding commission structures and saw those policies documented clearly within their platform. For anyone considering this broker, I strongly recommend demanding explicit details about all trading costs before opening an account or making any deposit.