Ahmed Harb 
1-2 years
What is the spread on Monaxa?
Broker Issues
Fees and Spreads
2025-07-02
United States
WikiFX
Reply
The spread on Monaxa varies depending on the account type you choose. For the Standard account, it starts from 1.8 pips, which is relatively typical for brokers in the same category. However, if you're looking for tighter spreads, the Pro account has spreads from 0.9 pips, and the Zero (ECN) account offers spreads from 0 pips, although there’s a $6 commission per lot. Personally, I find the Pro and Zero accounts to be the most attractive, especially if you’re trading larger volumes and want to keep the cost of each trade as low as possible.
Similar Questions
Does GMA CAPITAL charge a commission per lot on their ECN or raw spread accounts?
Thobani Dlalda 
2025-08-28
Does MTFX offer fixed or variable spreads, and how are these spreads affected during periods of high market volatility, such as major news releases?
qirhost 
2025-07-30
What are the fees associated with FXEM?
x1250 
2025-08-23
Could you give a comprehensive explanation of the fee structure at Islamic Financial Securities, covering aspects like commissions and spreads?
Rpy Sundram 
2025-09-03
Are there any commissions with Finex?
Chris hagerman 
2025-07-04