WikiFX

Sagot

IQM CAPITAL offers spreads starting from 0.0 pips, which sounds enticing at first, especially for those seeking minimal costs on each trade. However, it’s important to note that these low spreads come with a commission structure that might be more substantial on certain accounts, like the ZERO account, where traders will face an $8 commission. While the spreads may be low, the additional commissions can erode profits, especially for traders who make a high volume of trades. In my view, this makes the broker more suitable for traders who prefer higher leverage and can manage the associated risks with such a commission model. Another key point is that the broker’s withdrawal and deposit fees are not clearly outlined, and this lack of transparency makes me cautious. It’s always important to know all the associated fees before committing to a platform, especially when dealing with high leverage and active trading. I’d recommend contacting customer support for clearer details about withdrawal processing times and any hidden fees, just to be sure.