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In my experience as a forex trader, evaluating total trading costs with any broker is crucial before opening an account—especially with indices like the US100. From my careful review of R Wadiwala, I found it especially challenging to determine their full cost structure. Unlike established, transparently regulated brokers, R Wadiwala offers very little publicly available or easily accessible information regarding spreads, commissions, or any relevant additional fees associated with trading indices. This is already a red flag for me, as I always expect brokers to disclose their trading cost details upfront. What raises further concern is that R Wadiwala currently operates without valid regulatory oversight. According to the broker profile, there is a "suspicious regulatory license" and "high potential risk" warning—meaning any stated costs could change at their discretion, and there is little recourse for traders. This, in my professional view, increases the overall risk and uncertainty when trading with them. Given the lack of transparent published data, I would be especially cautious. It's not clear whether costs come mainly from spreads, commissions, swaps, or other less obvious charges. For me, this lack of clarity makes it impossible to accurately budget or compare total costs to those of reputable, regulated brokers. My advice would always be to confirm all potential fees with verified, independently regulated providers instead. Ultimately, the unknowns around cost at R Wadiwala would keep me from trading indices there.