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seejay
Within 1 year

Could you tell me what the typical spread is for EUR/USD when using a standard account with GFFM?

Broker Issues
GFFM
Fees and Spreads
01-22
United States
WikiFX
Reply

In my experience researching GFFM, it’s important to address that this broker does not offer standard forex trading, including pairs like EUR/USD. GFFM’s focus is on commodities such as metals, energy, and soft agricultural products, not traditional currency pairs. As an experienced trader, I find this to be a critical distinction because many brokers emphasize forex offerings, and spreads on major pairs like EUR/USD are a central concern for most traders. With GFFM, there’s no mention or support for forex instruments; therefore, there is no published spread or typical cost for EUR/USD trading—simply because you cannot trade that pair here. This is meaningful for risk management and decision-making. If you require forex access or competitive spreads on EUR/USD, GFFM would not be appropriate for your needs. Personally, I always perform due diligence to ensure a broker’s product offering aligns with my strategies before opening an account. The lack of clarity on trading conditions and omitted information about spreads and account types reinforces the need for caution, especially since details on costs and execution are fundamental for evaluating any broker’s suitability and transparency.

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