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mohdfazlan
Within 1 year

Can you tell me the typical EUR/USD spread one might expect with a standard account at Leverate?

Broker Issues
Leverate
Fees and Spreads
03-24
United States
WikiFX
Reply

From my research and experience navigating broker platforms and industry discussions, I have been unable to find concrete information about the typical EUR/USD spread offered by Leverate on a standard trading account. One crucial factor here is that Leverate does not operate as a retail forex broker; rather, it positions itself as a technology provider and liquidity partner for other businesses, not for individual traders like me. This means they do not directly offer trading accounts, so there isn’t publicly disclosed data regarding standard account spreads such as you would expect with a consumer-facing broker. Furthermore, WikiFX highlights significant concerns about Leverate’s regulatory status, specifically noting the use of a suspicious clone CySEC license and warning about high risk. With statements that Leverate does not accept individual accounts or deposits, any spread information offered elsewhere may be inaccurate or not applicable to standard retail clients. Given these facts, I cannot verify any typical EUR/USD spread at Leverate for retail traders, simply because they do not offer such accounts. This lack of transparency and regulatory ambiguity personally gives me pause, and I would advise caution. In my view, for something as critical as spreads, only choose brokers with clear, direct retail offerings and proven regulatory standing.

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