WikiFX

Reply

Based on my research and direct experience in evaluating forex brokers, I found that GPB FS does not provide specific information regarding spreads for major currency pairs like EUR/USD on their standard accounts. This lack of transparency is a concern for me as a trader because spread information is essential—it's one of the main factors that directly affect trading costs and overall profitability. While GPB FS is regulated by CySEC in Cyprus and boasts a relatively long operational history, the fact that they do not disclose key trading conditions, such as typical spreads or account types, means I cannot give a reliable assessment of what to expect regarding costs per trade. From a risk management and trustworthiness perspective, I am always cautious with brokers that are not upfront about their trading conditions. Too much uncertainty around basic costs like spreads might make it challenging to plan trades effectively or to compare this broker with others where fee structures are clearer. For anyone considering trading with GPB FS, I recommend contacting their support directly to request up-to-date spread information and making sure all trading terms are fully understood before making any financial commitment. In my view, transparency is non-negotiable when selecting a broker to trust with my funds.