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Can I learn more about the fees at Pinakine Liquidity Limited?

Broker Issues
PINAKINE
Fees and Spreads
03-22
United States
WikiFX
Reply

Pinakine Liquidity Limited does not charge commissions on trades, which can be very appealing for cost-conscious traders who want to maximize their profits without worrying about extra charges. They also offer zero-spread accounts for certain instruments, which is another positive aspect as it can reduce the trading costs for traders. However, they still have fixed spreads starting at 1.0 pips on other accounts, which is higher than some competitors who offer tighter spreads. While the lack of commission fees is an attractive feature, it’s essential to note that brokers can still incorporate hidden costs within the spreads. Personally, I find that comparing the overall cost of trading, including spreads and commissions, is crucial when evaluating a broker. Despite the zero-commission option, traders should always assess the spread costs to ensure they are getting the best deal for their trading strategy.

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