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Alright, folks, let's dive into this! First off, the execution speeds at FirewoodFX are pretty snappy, gotta give 'em that. But here's the kicker – they've got a real sneaky side when it comes to those commission fees. They claim it's just a mere $5 per lot size on the US30. Now, you might be thinking, "What's the big deal?" Well, here's the deal: 1 lot on US30 can rake in a sweet $100 for every 10 pips. So, that $5 commission starts to look pretty hefty when you do the math. It's like they're pulling a fast one on you!

The execution speed is fast, but the issue is their commission, which can be confusing. They say they charge $5 for trading the US30. Normally, 1 lot on US30 earns $100 for every 10 pips.

However, they actually charge 50 cents for every 0.01 you trade. So, for 0.10 (which should be $10 per 10 pips), they charge $5. This should be only 5 cents. Even though it's listed as 0.10, it behaves like 0.01, earning only $1 per 10 pips. Despite this, they charge $5 for the commission. So for a standard 1 lot on US30, they're taking $50 but claim it's only $5.

This can be misleading and feels like they're not being honest with their charges. When you bring this up with them, they apologize but say there's nothing they can do. Their advice is to avoid trading indices altogether.