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Thanh Thao
1-2 years

Can you tell me what the typical spread is for the EUR/USD pair on a standard Retela account?

Broker Issues
Retela
Fees and Spreads
09-07
United States
WikiFX
Reply

Drawing on my own experience and a careful review of the available information about Retela, I can say that their typical spreads for major currency pairs—like the EUR/USD—are described as highly competitive, starting from as low as 0.1 pips on standard accounts. In practice, this suggests a tight spread environment, which, for me, is essential in minimizing trading costs, particularly if I am executing multiple or high-volume trades. However, it’s important to keep in mind that while the indicated minimum spread is 0.1 pips, actual spreads will often fluctuate due to factors such as market volatility, liquidity conditions, and broader economic events. One reason I take such quoted spreads cautiously is because conditions in the forex market can change rapidly, especially around major news releases or during periods of lower liquidity. While a starting spread of 0.1 pips is promising, in real-world trading the average spread can often be higher, especially during off-peak hours or unexpected market moves. I also make sure to account for the possibility of commissions or other charges that may affect the all-in trading cost, depending on the account type. In my view, a broker listing spreads from 0.1 pips does align with industry standards for a regulated and competitive firm, but I always compare actual trading conditions during live market hours. It's important to verify such details directly with Retela if transparent, especially before making any significant trading commitments.

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