Global Broker Regulation Inquiry App
WikiFX
JV1s24K_g0ld 
1-2 years
What is the spread on ZAIX?
Broker Issues
Fees and Spreads
08-05
United States
WikiFX
Reply
ZAIX’s spreads vary depending on the instrument being traded. For example, the spread for EUR/USD is 0.5 pips, USD/JPY is 0.8 pips, and GBP/USD is 1.2 pips. These spreads are relatively tight, especially for major currency pairs, making ZAIX appealing to forex traders. However, for more volatile instruments like cryptocurrency CFDs, the spread could widen, which would increase the cost of trading. From my personal view, the spreads offered by ZAIX seem competitive for forex trading, but it’s important to check the spread for other assets, especially during volatile market conditions.
Similar Questions
Could you give a comprehensive overview of the fees charged by Univest Securities, covering commissions, spreads, and any other costs involved?
TJensen
08-12
Does KCapital charge commission on trades?
TJensen
07-24
What is the spread like at CDO Markets?
Nali5689
08-22
What spreads does EPFX offer?
Sam35
07-29
Does Switch Markets have commissions?
x1250
04-04