WikiFX

Sagot

As someone who takes trading costs very seriously, especially with indices like the US100, I always evaluate multiple aspects before deciding on a broker like Errante. From my research and experience, Errante uses a variable spread and, depending on the account type, may additionally charge a commission. For the Standard account, the minimum spread starts from 1.5 pips, and there is no commission. If you opt for a higher-tier account, such as Premium or VIP, the spreads tighten; for the VIP account, spreads can start from 0.8 pips, and the Tailor Made account advertises raw spreads from 0 pips but adds a commission per lot—specific amounts can vary, and it’s always critical to check these details before trading. It’s important to note that spreads for indices like US100 can widen during volatile periods. Additionally, overnight funding costs (swap/rollover charges) may apply if you hold positions open beyond the trading day. I’ve found that Errante’s overall costs are average compared to its peers for standard accounts, but more competitive for larger deposits. However, because the broker operates with offshore regulation and has received mixed user feedback regarding withdrawal processes and profit deductions, I approach sizing and funding my account with extra caution. In summary, while spreads and commissions are transparently listed for each account type, incidental fees and real trading conditions could impact your actual costs, so I always recommend testing the platform with small trades before committing larger capital.