WikiFX

Sagot

Based on my thorough review of BGC, I was unable to find any clear information regarding whether the broker offers fixed or variable spreads. This lack of transparency is immediately concerning for me as a trader, because knowing spread types is fundamental for managing trading costs and risk, especially during volatile news events. In my experience, reputable brokers provide explicit details on their spread structure, as spread behavior can have a significant impact on trade outcomes—variable spreads, for instance, will typically widen dramatically during major economic releases, while fixed spreads might be subject to re-quotes or trading restrictions. The absence of documented spread policy at BGC makes it difficult to gauge how trading conditions react under high market volatility. In my opinion, this uncertainty undermines my ability to plan for potential slippage or widening costs when entering or exiting positions in fast markets. My general rule when assessing brokers is to seek providers that communicate trading costs up front and provide historical spread statistics, especially if I intend to engage during high-impact news. Based on the current lack of information, I would exercise considerable caution—if you cannot find confirmed spread details, it is wise to proceed only after further independent verification.