Global Broker Regulation Inquiry App
WikiFX
Rpy Sundram 
1-2 years
Can I know the details about the BenchMark fees?
Broker Issues
Fees and Spreads
07-14
United States
WikiFX
Reply
Benchmark broker provides relatively low fees, with spreads starting from 0.6 pips, which is quite competitive within the industry. Furthermore, there are no deposit or withdrawal fees, which can be appealing for traders looking to avoid additional charges. However, despite these attractive features, it’s essential to remember the unverified status of the broker. In my benchmark review, I would advise potential traders to stay vigilant, as the lack of regulation may lead to changes in fee structures down the road. Before making a benchmark login, I would personally verify all costs directly with customer support to avoid any surprises in the future.
Similar Questions
Does KnightsbridgeFX offer fixed or variable spreads, and how are those spreads affected during periods of high market volatility or major news releases?
Sanjay sirohi
08-05
Does RCB charge a commission for each lot traded on their ECN or raw spread accounts?
Tricia54
08-11
Does Monex Europe offer fixed or variable spreads, and how do these spreads behave during periods of heightened market volatility, such as major news releases?
Five8
08-27
What are the detailed fees of the Vebson broker?
Shoofar
07-08
Does CurrencyFair offer fixed or variable spreads, and how do these spreads behave when there’s significant market volatility, such as during major news releases?
QM Trader
08-15