To Arkhe..
Spread is the difference between the selling and buying price, this is where brokers profit. The existence of a promotion with a 0 spread account, in my opinion, needs to be considered, where does the broker get profit from?. Of course the broker will calculate the profit post.
Here's my view:
1. 0 spread account, but at certain times the spread can widen / fluctuate. At the time of execution the spread will not be 0.
2. 0 spread account, but the broker determines a commission/fee for every BUY/SELL made by the trader.
3. 0 spread account, but the bid and ask prices are more than a regular account.
example :
In a regular account for EUR/USD the BUY/SELL price is 1.5000/1.5002
in a 0 spread account, 1.5002/1.5004. There is no difference.
You can compare prices between the two accounts on the same broker.
If a 0 spread account has no widening/fluctuation, no commission/fee and the price is the same as a regular account, where does the broker get profit? Because the broker profits from the spread. With the offer of 0 spread, as a trader, of course, you should consider it so that there is no suspicion/judgment that the broker in question is strange, fraudulent and so on when things happen that do not match reality. And the existence of testimonials does not actually represent the whole.
This can happen at other brokers that offer 0 spread. As far as I know, besides instaforex, there are hotforex, monex that offer 0 spread.
Thanks.