WikiFX

Sagot

In my experience evaluating brokers like SK, I always prioritize transparency, and unfortunately, SK presents significant limitations in this regard. Based on the available facts, SK does not disclose any concrete information about spreads, including for EUR/USD, across its accounts. I could not find typical, average, or minimum spread values specified anywhere in the materials I reviewed. This lack of clarity is concerning, especially for someone like me who considers competitive and consistent spreads essential for cost-effective trading. Just as important, SK operates without any recognized regulatory oversight; this increases the overall risk and means there are fewer assurances of fair dealing or transparent order execution. The absence of regulatory supervision often goes hand-in-hand with less robust disclosures about pricing or trading conditions. From my standpoint, when a broker does not provide basic information about trading costs such as spreads, I treat it as a red flag and proceed with substantial caution. For anyone considering SK, I would underline that you will not know your expected transaction costs—such as the EUR/USD spread—before depositing funds or opening trades, which is not a risk I willingly accept. This uncertainty, coupled with regulatory gaps, means I cannot recommend SK for traders who value transparency and reliable cost structures.