FNG Exclusive Interview… Modern traders are asking different questions than they did a decade ago. Pricing still matters, but it is no longer enough on its own. As markets become faster, more transparent, and increasingly competitive, traders are now looking at what happens after they click: how orders are executed, how spreads behave during volatility, and whether the conditions advertised by a broker remain consistent when markets are under pressure.

For Mohammad Amer, Exness Regional Commercial Director, this shift marks a deeper change in the industry. Transparency, he argues, is no longer a broad brand promise. It is an operational standard that traders should be able to observe, test, and evaluate.

In this interview, Amer discusses why execution quality is becoming central to broker trust, what traders should be measuring, and why industry conversations around transparency are becoming more practical.

FNG: Hi Mohammad, and thanks for joining us today. For years, brokers competed on spreads, leverage, bonuses, and marketing. What do you think traders are evaluating differently today?

Mohammad: Traders have become much more sophisticated. They still look at spreads, leverage, and product access, of course, but they are no longer stopping there. They want to understand the full trading experience.

The real question today is not only “What are the advertised conditions?” but “Do those conditions hold up when I actually trade?” That is a very different standard. Traders are comparing brokers more rigorously, especially around execution, platform reliability, withdrawals, pricing behavior, and how conditions perform during volatile periods.

Marketing claims alone are not enough anymore. The traders who stay in the market long term are usually the ones who learn to separate promises from outcomes. They want fewer surprises. They want consistency. They want to know that the experience they were promised is the experience they receive when it matters.

FNG: Transparency is a word every broker uses. What does it actually mean from a trader’s perspective?

Mohammad: Transparency has to be observable. If it cannot be seen, tested, or experienced by the trader, then it is only a statement.

From a trader’s perspective, transparency means understanding the cost of trading, the way orders are executed, how spreads may behave, what happens during volatile market conditions, and how withdrawals are processed. It also means clear communication. Traders should not need to decode vague language to understand the conditions they are trading under.

For me, transparency is about reducing uncertainty. Markets are uncertain by nature. A broker should not add another layer of uncertainty through unclear pricing, inconsistent execution, or poor communication. The trader already has enough to manage.

FNG: What parts of the trading experience can traders genuinely measure for themselves?

Mohammad: More than many people think. Traders can observe how spreads behave at different times of day, especially during active sessions or around high-impact news. They can look at whether execution is consistent, whether slippage is common, whether the platform remains stable, and whether withdrawals are smooth.

They can also measure the gap between expectation and experience. If a broker advertises certain conditions but the trader consistently experiences something different, that is important information.

This is where the industry is changing. Traders are moving away from accepting broad claims and toward evaluating measurable indicators. Execution quality, spread behavior, platform stability, and operational reliability are becoming part of due diligence, not just technical details.

FNG: Many brokers look similar during calm markets. What do volatile market conditions reveal that normal conditions tend to hide?

Mohammad: Calm markets can make many brokers look strong. Liquidity is easier, spreads are usually more stable, and execution is less pressured. The real test comes when liquidity changes quickly and price discovery becomes more aggressive.

Volatile conditions reveal the quality of infrastructure. They show whether pricing remains coherent, whether execution can handle pressure, whether the platform stays stable, and whether the broker communicates clearly with clients.

Trust is often built during difficult markets, not normal ones. A trader may not remember every smooth session, but they remember what happened during a major news release, a sudden spike, or a volatile open. Those are the moments when infrastructure stops being invisible.

FNG: How has the conversation around execution quality changed over the last few years?

Mohammad: Execution quality used to be treated as a technical topic. It was something platforms, liquidity teams, and back-office functions discussed. Today, it has moved much closer to the trader.

Retail traders are more educated than before. They understand slippage better. They understand that a tight spread in calm markets does not tell the whole story. They are more aware that hidden costs can appear through poor execution, unstable pricing, or delays at critical moments.

This is a healthy development. It pushes the industry toward greater accountability. Brokers should be able to explain how they deliver the conditions they advertise. Traders should be able to evaluate the experience, not just the claim.

FNG: Execution quality is often discussed as a speed issue. Is speed still the most important metric?

Mohammad: Speed matters, but it is not the whole story. A fast execution that produces a poor fill does not help the trader. Execution quality is broader than milliseconds.

Traders care about outcomes. Was the order filled in a way that reflected the market conditions they saw? Was pricing accurate? Was there unnecessary slippage? Did execution remain consistent when volatility increased?

A mature discussion about execution has to include speed, but also fill quality, pricing integrity, consistency, and reliability under pressure. If we reduce execution quality to speed alone, we miss the point. The point is whether the trader can act on a decision without unnecessary friction being introduced by the trading environment.

FNG: What responsibility do brokers have in helping traders understand execution quality?

Mohammad: Brokers have a responsibility to communicate clearly and educate responsibly. That does not mean overwhelming traders with technical language. It means explaining the practical realities of trading conditions in a way that helps clients make informed decisions.

Traders should understand that spreads can move, liquidity can change, and market conditions can affect execution. At the same time, brokers should be clear about what they are doing to deliver consistency and reliability.

Good education helps traders ask better questions. It helps them compare brokers more intelligently. It also builds healthier relationships because expectations are clearer from the beginning.

FNG: Looking ahead, what will define a truly transparent broker five years from now?

Mohammad: A transparent broker will be one that can show, not just tell. The future will belong to brokers that can make execution quality, trading conditions, and operational reliability more visible to clients.

Transparency will become more measurable. Traders will expect greater clarity around execution, spreads, withdrawals, platform performance, and risk conditions. They will also expect consistency between what is advertised and what is delivered.

In the future, I think trust will be earned less through messaging and more through evidence. The brokers that perform consistently across different market conditions will stand apart.

FNG: If traders could ask one question before opening an account with any broker, what should it be?

Mohammad: They should ask: “What happens when markets become difficult?” That question reveals a lot. It forces the broker to talk about execution, spreads, liquidity, platform stability, communication, and operational reliability. It also moves the conversation away from ideal conditions and toward real trading conditions.

Every broker can look good in a calm market. The real standard is what happens under pressure. That is where transparency becomes more than a word. It becomes something the trader can actually experience.