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

Broker Issues
Neomarkets
Fees and Spreads
08-21
United States
WikiFX
Reply

From my research and personal experience exploring Neomarkets, I must highlight a significant point: there is no published information on typical spreads for EUR/USD, or indeed any forex pairs, on a standard account with this broker. In fact, Neomarkets does not list forex among their supported instruments—according to all available facts, they primarily offer stocks, ETFs, derivatives, eurobonds, and CFDs. As a cautious trader, I view the lack of clear fee and spread information, especially for something as standard as EUR/USD, as a considerable concern. In my years of navigating the markets, clarity around costs like spreads is a basic expectation for any broker I would consider for active trading. Furthermore, the absence of MT4/MT5 and the use of a proprietary platform limit both transparency and convenience. I also noticed Neomarkets operates without recognized regulation and carries a high risk warning. For me, all of this signals the need for extreme caution: I would never commit funds to a platform where core trading conditions—such as spreads on a major pair—aren't clearly disclosed or even available for trading. Transparency and robust regulation are central pillars of trustworthiness, especially when real money is at stake.

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