Global Broker Regulation Inquiry App
WikiFX
Five8 
1-2 years
What is the spread for foreign exchange on BCEL?
Broker Issues
Fees and Spreads
07-22
United States
WikiFX
Reply
BCEL’s spread for foreign exchange services is approximately USD ~270 and EUR ~480 for major currencies. These spreads are fairly typical within the regional banking market. However, for active traders or those looking to use leverage or trade more volatile currency pairs, the spread might be higher than that offered by dedicated forex brokers. BCEL stock traders or those interested in equities should note that BCEL does not provide stock trading services, so those users will need to seek other platforms that offer competitive spreads for stock transactions.
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