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Broker
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Moshiheya
entro 1 anno

Can you tell me the typical spread for EUR/USD on a standard account with GFX Securities?

Broker Issues
GFX Securities
Fees and Spreads
07-26
Stati Uniti
WikiFX
Rispondi

From my personal experience evaluating GFX Securities, I found that the typical spreads for a standard account start from 2.5 pips. For a frequently traded pair like EUR/USD, this is considerably higher than what I've seen at many established brokers. In my years of trading, I have found that lower spreads are crucial for keeping costs down—especially for active strategies or those trading major pairs like EUR/USD. Higher spreads, like those at GFX Securities, can quickly eat into potential profits, so I have to be particularly careful with position sizing and overall trade frequency. Additionally, GFX Securities does not charge commissions on standard accounts, so the spread effectively represents the main trading cost. However, I always remind myself and others that even with zero commission, a wider spread can make break-even—and profitable—trading more challenging. Weighing this factor is especially important because GFX Securities lacks recognized regulation, which adds a layer of risk that responsible traders should consider. In summary, for my style and needs, a 2.5 pip spread for EUR/USD is on the high side, and I suggest prospective clients analyze whether this fits their risk and cost tolerance.

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