Global Broker Regulation Inquiry App
WikiFX
ritzyshona 
1-2 years
What is the spread on Phyntex Markets?
Broker Issues
Fees and Spreads
07-02
United States
WikiFX
Reply
The spreads on Phyntex Markets depend on the account type. On the Standard Account, I’d be looking at a spread starting from 1.8 pips, which is not the tightest I’ve seen but still reasonable. On the Premium Account, the spread is much tighter, from 0.3 pips. Personally, I’d go for the Premium Account if I was looking for lower trading costs, especially for short-term trades or scalping.
Similar Questions
What are the spreads on Saxo?
Elio Matacena
07-21
Are there inactivity fees with IS6FX?
Serious74
05-23
Are there any hidden fees with My Forex Funds?
Razzie87
07-18
Does GMA CAPITAL charge any undisclosed fees when making deposits or withdrawals?
Vongnarin
08-08
Are there TNFX commissions?
Elio Matacena
06-21