UTIP's advertised tight spreads seem to hold true for only a select few currency pairs (around 4, with spreads between 3-10 pips). Disappointingly, the vast majority of other tradable pairs come with significantly wider spreads, ranging from 30 to 50 pips. This is further compounded by the fact that their demo accounts appear to offer much tighter spreads across the board, regardless of the account type. Additionally, order execution seems sluggish, taking roughly 3 seconds to fill.
UTIP's advertised tight spreads seem to hold true for only a select few currency pairs (around 4, with spreads between 3-10 pips). Disappointingly, the vast majority of other tradable pairs come with significantly wider spreads, ranging from 30 to 50 pips. This is further compounded by the fact that their demo accounts appear to offer much tighter spreads across the board, regardless of the account type. Additionally, order execution seems sluggish, taking roughly 3 seconds to fill.
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