0 Point spread on micros?

Skitch

Member

Messages

81

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1

• Dec 7, 2009

• #1

Just spotted this broker through a fxstreet banner.
http://www.baselfinancial.com/EN/accounts-pages/MicroAccount.aspx
They claim 0 point spread on their micro accounts.. Whats the catch?

Seems to good to be true, any exp?

 

G

gc1

Well-known member

Messages

273

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5

• Dec 7, 2009

• #2

Skitch said:

Whats the catch?

Click to expand...

Maximum position size 0.25 of "standard lot" (25,000)

Maximum trade size of 0.09 of "standard lot" (9,000)

Sending your money to Mauritius.

 

D

duxis

Junior member

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0

• Dec 10, 2009

• #3

A new "Crownforex" ? (Bassecourt-delémont CH)

 

simbob

Junior member

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23

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0

• Dec 16, 2009

• #4

Every broker earn with spread. When a broker offer "0" spread it is nothing else then a magic bean.