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UTrada’s fee structure varies depending on the account type. The Ultra account offers extremely tight spreads starting from 0.0 pips, which is highly attractive for traders who prioritize low costs. However, there’s a commission of USD 7 per lot for this account, which adds to the overall cost of trading. For the Premium and Standard accounts, the spreads are higher (1.2 pips and 1.8 pips, respectively), but there are no commission charges. This could be more attractive for traders who prefer no commission fees, even if it means accepting slightly wider spreads. As a trader, I consider both spreads and commissions when evaluating a broker, and UTrada offers competitive pricing. However, I would like more transparency about other potential fees, such as deposit, withdrawal, or inactivity fees, which are crucial for me to fully understand the cost of trading.