Global Broker Regulation Inquiry App
WikiFX
Chris hagerman 
1-2 years
What is the minimum spread on Monaxa?
Broker Issues
Fees and Spreads
05-07
United States
WikiFX
Reply
The minimum spread on Monaxa depends on the account type. The Standard account starts at 1.8 pips, the Pro account offers 0.9 pips, and the Zero (ECN) account can go as low as 0 pips, although it comes with a $6 commission fee. For active traders who prioritize low trading costs, I think the Zero account is the best option, as it offers the tightest spread and the potential for faster execution.
Similar Questions
Could you break down the total trading costs involved for indices such as the US100 when trading with Core Financial Markets Ltd?
schlaepfi
07-21
Are there commissions?
WoodCrusher
07-20
Can I know the details about FXRoad fees?
Jezreel2
07-16
Are there deposit and withdrawal fees on Quotex?
helpneeded
06-08
Are there SinoPac commissions?
Ashraf Shahhat
08-17