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From my experience navigating Specter.ai, I found their fee structure to be quite distinct from conventional forex brokers. Specter.ai primarily operates on a blockchain-based platform, and what caught my attention immediately was the model of “spread-free” trading for most assets and expiries, provided the indicative entry price lines up with the spot price. This means that, unlike many brokers who make a significant portion of their revenue through spreads, there isn’t a blanket markup on every trade here. However, in my trading sessions during illiquid periods—particularly late evenings GMT or when trading exotic instruments—I did encounter small spreads, generally ranging between 0.1 and 0.9 pips, and occasionally up to 0.2 pips on five-minute expiries. As far as commissions go, Specter.ai’s platform structure is such that most traditional brokerage-style commissions simply don’t exist. Because trades are directly matched against other users or the platform’s decentralized liquidity pool, typical broker intermediaries (and their associated fees) are removed. That said, transaction fees may still arise externally if you are conducting withdrawals, especially with the regular account which involves an escrowed Ether wallet. The processing speed for deposits and withdrawals does depend on the method used, but the platform itself doesn’t tack on additional internal charges for these. It’s important to note, however, that even with these fee advantages, the lack of regulatory oversight and the unique binary/digital contract nature introduces significant risk. For me, minimizing visible direct costs is attractive, but it doesn’t outweigh the caution warranted by Specter.ai’s high potential risk profile and unregulated status. This is a platform where every trader needs to balance low fee benefits with a prudent awareness of underlying platform risks.