Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Thanh Thao
Within 1 year

Does GPB FS offer fixed or variable spreads, and how do these spreads typically react during periods of high market volatility, such as major news events?

Broker Issues
GPB FS
Fees and Spreads
01-30
United States
WikiFX
Reply

As a trader who relies heavily on clear, transparent trading conditions, I approach brokers like GPB FS with caution when key information is missing. From what I’ve gathered, GPB FS is a Cyprus-based broker regulated by CySEC with over 15 years in the business, which does speak to a certain level of legitimacy and operational experience. However, the lack of specifics about spread offerings—whether fixed or variable—is a significant gap for me. Without this detail, I’m unable to assess how cost-effective or suitable their services would be, especially during periods of high volatility. In my experience, most market makers, like GPB FS, usually provide variable spreads that can widen substantially during volatile market conditions, such as major news releases. The reason is simple: during news events, liquidity providers and brokers often adjust spread levels to manage heightened risk and uncertainty. But since GPB FS does not disclose any information regarding their spreads, I simply cannot verify whether their spreads remain stable or experience extreme widening during these crucial moments. This lack of transparency is a red flag for me because I rely on consistency and foreseeability in trading costs to mitigate unnecessary risk. For fellow traders seeking predictability, this uncertainty makes it hard to plan or scale positions around news events when using GPB FS. Personally, I would hesitate to commit significant funds without more explicit and reliable details on their spread structure and historical performance in volatile conditions. While the CySEC regulation offers some peace of mind, the absence of key trading parameters is a critical shortcoming from my perspective.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com