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Can you tell me what the typical spread is for EUR/USD when trading on a standard account with Metaverse Securities?

Broker Issues
Metaverse Securities
Fees and Spreads
04-07
United States
WikiFX
Reply

As an experienced trader, I always put great weight on understanding the core costs of trading, like spreads, before trusting a brokerage with my funds. Examining Metaverse Securities, I was unable to find any specific information on the typical spread for EUR/USD on their standard account in the provided information. This is noteworthy for me, as a lack of upfront disclosure about spread ranges generally signals that I need to be extra cautious. With Metaverse Securities, what stands out is that while they offer a broad array of instruments—including forex among stocks, ETFs, and other securities—the details on key trading conditions like spreads are absent from their summary. Even their listed trading platforms, such as MetaStock or Fuyuan Benben, aren’t particularly common among forex-focused traders who are accustomed to platforms like MT4 or MT5, which usually disclose real-time spreads and typical pricing. Given that the company operates under a regulatory license that has reportedly expired and is noted for possible business scope overruns, I treat any lack of fee transparency as an additional risk factor. For me, this means I would either contact their customer support directly to request specifics about EUR/USD spreads or consider an alternative broker where this vital information is readily available and clearly stated. In my view, explicit knowledge of trading costs is essential for risk management and for making informed decisions. Without it, I proceed extremely cautiously.

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