Global Broker Regulation Inquiry App
WikiFX
Sergey5 
1-2 years
What is the spread at Umarkets?
Broker Issues
Fees and Spreads
06-18
United States
WikiFX
Reply
Umarkets offers floating spreads starting from 2.5 pips on the Mini account for EUR/USD, and the spreads decrease as I upgrade my account. For instance, the Platinum account offers spreads starting from 1.0 pip on EUR/USD. I personally like lower spreads, so I would consider the higher-tier accounts for more competitive rates. However, the spread is still wider than what I might expect from other brokers with tighter spreads.
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