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 detailed fees of the AZA Forex broker?
zack18
07-03
What is the spread of Alvexo?
Franko Knavs
05-25
Are there any account fees on CasaTrade?
Ahmed Harb
06-26
Could you give a comprehensive explanation of Simplex Asset Management’s fees, covering details like commissions and spreads?
helpneeded
08-20
What are the detailed fees of the Createjapan broker?
aariapoor
06-18