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Can you tell me what the typical spread is for the EUR/USD pair when using a standard account with MSB e-Trade?

Broker Issues
MSB e -Trade
Fees and Spreads
05-17
United States
WikiFX
Reply

Based on my assessment and the specific information available, I was unable to find any details regarding the typical spreads for the EUR/USD pair with a standard account at MSB e-Trade. As someone who has been active in forex trading for years, this lack of transparency immediately raises concerns for me. Usually, reputable brokers are clear about their typical spreads, especially for major currency pairs like EUR/USD, because traders, myself included, need this data to properly evaluate trading costs and make informed decisions. Furthermore, I noticed that MSB e-Trade operates without recognized regulatory oversight, and there are indications of a suspicious business scope based on the data provided. These factors add a considerable degree of risk. In my experience, when a broker does not openly disclose fundamental trading conditions such as spreads, it often reflects either a lack of proper organization or, potentially, an intention to keep important trading cost details obscure. This, combined with the warning signs about their regulatory and business practices, makes me personally wary. My advice, given these observations, would be to exercise great caution and seek out brokers who are transparent and regulated, especially for something as essential as spreads on major currency pairs.

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