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ritzyshona
1-2 years

What is the spread on Phyntex Markets?

Broker Issues
Phyntex Markets
Fees and Spreads
07-02
United States
WikiFX
Reply

The spreads on Phyntex Markets depend on the account type. On the Standard Account, I’d be looking at a spread starting from 1.8 pips, which is not the tightest I’ve seen but still reasonable. On the Premium Account, the spread is much tighter, from 0.3 pips. Personally, I’d go for the Premium Account if I was looking for lower trading costs, especially for short-term trades or scalping.

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