Global Broker Regulation Inquiry App
WikiFX
Chris hagerman 
1-2 years
What is the minimum spread on Monaxa?
Broker Issues
Fees and Spreads
05-07
United States
WikiFX
Reply
The minimum spread on Monaxa depends on the account type. The Standard account starts at 1.8 pips, the Pro account offers 0.9 pips, and the Zero (ECN) account can go as low as 0 pips, although it comes with a $6 commission fee. For active traders who prioritize low trading costs, I think the Zero account is the best option, as it offers the tightest spread and the potential for faster execution.
