Global Broker Regulation Inquiry App
WikiFX
JV1s24K_g0ld 
1-2 years
What is the spread on ZAIX?
Broker Issues
Fees and Spreads
08-05
United States
WikiFX
Reply
ZAIX’s spreads vary depending on the instrument being traded. For example, the spread for EUR/USD is 0.5 pips, USD/JPY is 0.8 pips, and GBP/USD is 1.2 pips. These spreads are relatively tight, especially for major currency pairs, making ZAIX appealing to forex traders. However, for more volatile instruments like cryptocurrency CFDs, the spread could widen, which would increase the cost of trading. From my personal view, the spreads offered by ZAIX seem competitive for forex trading, but it’s important to check the spread for other assets, especially during volatile market conditions.
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