WikiFX

Reply

Having researched Al Dar extensively before considering any potential account opening, I have been unable to find transparent or reliable information regarding typical spreads for EUR/USD—or any other instrument—on their standard trading accounts. This absence is quite concerning for me as a trader, since transparent fee structures, especially spreads on major pairs like EUR/USD, are essential for practicing responsible money management and making informed trading decisions. Al Dar’s WikiFX profile points out a lack of regulation and highlights several risk factors, including a suspicious regulatory license and vague business practices, which further increases my hesitancy. For me, the lack of clear information on something as fundamental as standard account spreads is a significant red flag. In my experience, reputable brokers publicly disclose typical spreads for major pairs, enabling traders to compare costs and understand their potential exposure. In Al Dar’s case, the limited disclosure about spreads means I can’t reliably assess how competitive or fair their trading costs are. As someone who prioritizes both transparency and regulatory oversight, I am especially cautious with brokers where these basic metrics are unavailable. Based on this, I personally would not proceed without verifiable data on their spreads from an independent or regulatory source.