Global Broker Regulation Inquiry App
WikiFX
Mansuber007 
1-2 years
Can I know the details about Umarkets fees?
Broker Issues
Fees and Spreads
06-30
United States
WikiFX
Reply
Umarkets doesn’t provide specific details about fees upfront, which is concerning. From what I understand, they charge spreads that vary depending on the account type. For example, the EUR/USD spread on the Mini account starts from 2.5 pips, which is relatively wide for me. For tighter spreads, I would need to consider upgrading to a higher-tier account, but I still need to be careful about additional hidden costs.
Similar Questions
Can I know the details about EXCO’s fees?
Sanford
07-20
What are the trading fees at LMAX Group?
zack18
04-19
Does MIB offer fixed or variable spreads, and how do these spreads behave when there's high market volatility, such as during major news releases?
Mansuber007
09-08
Are there any inactivity fees charged by Shaw and Partners, and under what circumstances might these apply?
Arnold Joseph
08-11
What are the fees for Axiance?
qirhost
07-05