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Can you tell me what the typical spread is for EUR/USD on a standard account with CHIEF?

Broker Issues
CHIEF
Fees and Spreads
02-06
United States
WikiFX
Reply

As an experienced trader who relies on clear, transparent broker terms, I found that CHIEF does not provide forex trading—including EUR/USD pairs—on its current offering. After reviewing their available information and my own standards for broker selection, it's evident that CHIEF focuses exclusively on securities and futures, not forex pairs. The broker’s platform, Chief Deal, is self-developed and does not support MT4 or MT5, which are industry standards for forex. This was a critical point for me, as access to competitive spreads and robust platforms is vital for effective currency trading. Additionally, I could not find any specification of spreads or commission structures relevant to forex trading because such assets are simply not available. I personally place a strong emphasis on regulatory clarity and the ability to independently review all fee and cost structures. Due to the absence of forex trading, and the fact that all available commissions and fee information only refer to securities and futures, I must conservatively state that CHIEF does not support forex—including trading the EUR/USD—with any spread or standard account provision. For serious forex activity, in my view, a different, fully regulated broker with clear information and dedicated forex infrastructure would be the more prudent choice.

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