So…i came accross some website of a broker that charges no spread (no pips…) on eurusd and charges a fixed 1 pip on all others - including gold. Is this too good to be true? Sounds like a ponzi to me - especially that they don’t offer a demo - but their website look kinda profesional to be a usual “template like” website scam. What do you think? Should i take the bet? And…sorry i am not posting/pming any links since it will be a…spam. Just asking for an opinion from the Pros here.
Are they registered with the authority is all you need to know for whether your money is protected.
I think in a year or 2, the spreads will be getting very competitive.