If you have been trading for a while, you might have noticed that sometimes a deal has costs that are not apparent at the beginning, such as spreads, which affect the final results of your orders.
This is why we recommend opening a No Spread type of account to those of you who wish to avoid paying spreads and see the full cost of a new order before committing to it.
The No Spread account is just what the name suggests: trading without paying for any spreads. Instead, you pay a commission fee upfront, which protects you from the risk associated with the floating spreads on some trading instruments.
Now, we have made it extra easy to open a No Spread account, as we’ve lowered the amount of the minimum deposit required for this account type. Previously, you had to add $1000 (or its equivalent in another currency) when you first opened a No Spread account. As of now, the minimum deposit has been lowered to just $100.
We hope that by having a lower minimum deposit for the No Spread account, it is now accessible to more SuperForex customers who will be able to give it a try and see for themselves if they prefer trading without paying any spreads.