WikiFX

Sagot

Based on my experience assessing brokers like Upbest, I need to be very careful when considering any specifics that aren't transparently provided by the broker themselves. From my research on Upbest, I could not find any official information about the typical spread for EUR/USD on their standard account, either from the broker’s own disclosures or through credible third-party reporting. As a trader who relies heavily on clear, upfront data for decision-making, the lack of this fundamental detail is concerning. For me, knowing the spread is essential because it has a direct impact on trading costs and overall strategies, especially for high-frequency trading or scalp setups. Without published spreads or fee structure, it becomes much harder to fairly compare Upbest to more transparent brokers. I've also seen mixed user feedback regarding the platform, with some positive notes on reliability but at least one serious complaint about banking and platform-related issues. To me, this underlines the need for extra diligence. In the absence of clearly stated spreads, I would personally exercise a high degree of caution before committing any funds or placing trades, and I recommend contacting Upbest directly and demanding explicit, up-to-date information on EUR/USD spreads before considering them for live forex trading.