Global Broker Regulation Inquiry App
WikiFX
Franko Knavs 
1-2 years
What are the spreads and fees associated with FXGM?
Broker Issues
Fees and Spreads
05-09
United States
WikiFX
Reply
The spreads with FXGM can be a bit high, especially on major currency pairs. For instance, EUR/USD spreads can go up to 4 pips. In my experience, I’ve always looked for brokers with tighter spreads to minimize costs, and FXGM’s spread is something I’d keep an eye on. The broker does not mention much about additional fees like swap rates or inactivity fees, which in my opinion is a bit concerning. I’d prefer more transparency before logging into FXGM or making any deposits.
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