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Can you tell me what the typical spread is for EUR/USD when trading on a Mad Gain standard account?

Broker Issues
Mad Gain
Fees and Spreads
01-11
United States
WikiFX
Reply

After researching Mad Gain, I found that specific details about the typical spread for EUR/USD on their standard account are not provided on their public materials or regulatory disclosure. As an experienced trader, I regard this absence as a significant factor when considering any broker. Transparent communication about core trading conditions—such as spreads, commissions, and overall costs—is essential for building trust, managing risk, and evaluating whether a broker is a good fit for me. Mad Gain has only been operating for about 1-2 years, with a United States financial service registration, and is marked by WikiFX as having a “suspicious scope of business” and medium potential risk. Their regulatory and business indices also appear comparatively low. For me, this means I’m especially cautious. When basic information like spreads on major pairs isn’t openly accessible, it suggests either a lack of established track record or incomplete operational transparency—both issues that could present extra challenges, especially for traders focused on cost analysis and stable execution. Therefore, I cannot confirm the exact typical spread for EUR/USD on Mad Gain’s standard account. From my perspective, I would only proceed with careful due diligence, seeking direct clarification from the broker and comparing with longer-established, fully transparent competitors before making any funding decision.

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