WikiFX

Reply

Orfinex offers spreads starting from 1.0 pip on the Classic account, which is higher than what many regulated brokers offer. For active traders like me who rely on tight spreads to minimize trading costs, this can be a major downside. Wisdom trading could become more expensive if the spreads are wide, especially for high-frequency traders. The ECN account offers spreads as low as 0.0 pips but charges a commission, which is more in line with professional traders. However, for the Classic account, the 1.0 pip spread is quite wide and could impact the overall profitability, especially if you trade large volumes. Wisdom broker should provide better clarity on spreads to help traders make informed decisions.