WikiFX

Sagot

As an experienced trader, I exercise a high degree of caution when assessing total trading costs, especially with brokers like CENTRAL. From my review, I found that while CENTRAL provides clear details for securities trading charges—including commission, stamp duty, transaction levy, trading fee, and clearing fee—there is no specific public information regarding index trading such as the US100. Their focus appears to be on cash equities and related securities, with a revoked license for futures and ambiguous regulatory status (“Exceeded”) regarding their securities license. For stocks, commissions start at 0.1% for online trades plus government and exchange fees, but indices like the US100 typically trade as derivatives or futures. Given that CENTRAL’s futures license has been revoked and the scope of permissible products is unclear, trading indices could pose both operational and regulatory risks. Without published details for index-related products, the true total cost—factoring in spreads, commission, exchange, and clearing fees—cannot be confidently calculated. In my view, the lack of fee transparency and the regulatory questions present a significant concern. For anyone considering index trading (including the US100), I recommend directly contacting their support for full cost breakdowns and regulatory assurances, and being prepared to reconsider if clear, up-to-date documentation cannot be provided. This cautious approach helps protect both capital and peace of mind in environments where critical details are missing.