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What is the spread on OrsFX?

Broker Issues
ORSFX
Fees and Spreads
05-14
United States
WikiFX
Reply

OrsFX offers a spread starting from 1.5 pips on EUR/USD for its standard account, which is relatively higher than some other brokers that offer spreads as low as 0.1 pips. For me, this means that I may end up paying more to enter and exit trades on coinexx trading, especially if I trade frequently. Tight spreads are crucial for maximizing profitability, and since I often trade forex pairs, the wider spread could significantly reduce my potential returns. While the broker offers low commission fees, I need to be mindful of how the spreads could affect my trades. I would recommend that coinexx broker provides more clarity about the spreads for other instruments, like commodities and cryptocurrencies, to give traders like me a more comprehensive understanding of the trading costs involved.

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