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In my experience as a trader, dissecting the actual trading costs is crucial, especially when dealing with indices like the US100. At Victory Securities, trading costs appear more intricate than at many mainstream retail brokers. The main expense is the commission, which for US stocks is stated as 0.25% of the transaction amount, with a minimum of USD 15 per trade. Although this is not specifically labeled for indices, based on my understanding of their transparent fee model, equity index products—if available—would likely have comparable structures. Beyond the commission, there are several mandatory regulatory and processing fees to consider. These include a transaction levy, trading fee, stamp duty (likely not applied to U.S. products, but critical for other regions), settlement fees, and potentially custody or service charges, which can vary by transaction. Victory Securities also imposes additional fees for account management and withdrawals if you exceed your daily free limit. From my perspective, these layered fees mean that active index trading with Victory Securities can accumulate costs faster than with flat-fee or spread-based brokers. It’s essential to review not only the headline commission but also all non-trading charges and minimums, especially if you trade in large sizes or make frequent withdrawals. I always recommend carefully calculating all costs using Victory Securities’ current fee schedule and clarifying directly with their customer service, to avoid surprises and protect my trading capital.