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Based on my research and direct review of the available information, the precise details regarding Billionext’s spread type—whether fixed or variable—are not disclosed publicly by the broker. For me as an experienced trader, this lack of transparency itself is concerning, as reputable brokers usually publish this fundamental information openly. What stands out in my observations about Billionext is not just the absence of spread details, but wider operational issues such as missing regulatory oversight, extensive withdrawal complaints, restrictive access to funds, and changes to account structures without consent. In general, the type and behavior of spreads—fixed or variable—are critical for traders, especially during periods of strong market volatility caused by economic news. With reliable brokers, fixed spreads remain constant but are often wider during these events, while variable spreads can widen significantly as liquidity drops and volatility increases. Knowing this, I personally would never commit funds or attempt to trade any broker who cannot clearly state their spread structures or policies for volatile conditions. Given that there are multiple, documented problems with withdrawal, currency changes, and unexplained migrations of accounts at Billionext, my judgment is to adopt extreme caution. The most prudent approach for me is to look elsewhere for brokers who clearly outline spread structures and exhibit transparent, fair trading conditions. When it comes to choosing a trading platform, in my experience, missing or unclear spread information—especially from a broker with such a track record—is a red flag not to be ignored.