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
Does MasterLink Securities charge a commission per lot on their ECN or raw spread accounts?
Shoofar
08-27
What are the detailed fees of the TASTYFX broker?
kennis2244
08-05
What are the spreads at TAEBANK?
Ahmed Harb
06-19
Does HMFS charge any undisclosed fees for making deposits or withdrawals?
Rojas
09-07
What is the Forex commission structure at i SECURITIES?
ritzyshona
08-24