Global Broker Regulation Inquiry App
WikiFX
Mansuber007 
1-2 years
Can I know the details about Umarkets fees?
Broker Issues
Fees and Spreads
06-30
United States
WikiFX
Reply
Umarkets doesn’t provide specific details about fees upfront, which is concerning. From what I understand, they charge spreads that vary depending on the account type. For example, the EUR/USD spread on the Mini account starts from 2.5 pips, which is relatively wide for me. For tighter spreads, I would need to consider upgrading to a higher-tier account, but I still need to be careful about additional hidden costs.
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