0 Point spread on micros?

[Skitch]

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?

 

[gc1]

Whats the catch?

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.

 

[duxis]

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

 

[simbob]

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