What are the fees and commissions associated with trading cryptocurrencies on Interactive Brokers and eToro?
Ramesh UpputuriDec 17, 2021 · 3 years ago1 answers
Can you provide details about the fees and commissions charged for trading cryptocurrencies on Interactive Brokers and eToro? I would like to know the costs involved before I start trading.
1 answers
- Dec 17, 2021 · 3 years agoLet's talk about the fees and commissions associated with trading cryptocurrencies on Interactive Brokers and eToro. Interactive Brokers charges a commission based on the trade value, which can range from 0.08% to 0.20% of the trade value, depending on the volume. In addition to the commission, there may be exchange fees and regulatory fees. On the other hand, eToro does not charge any commission for trading cryptocurrencies. Instead, they have a spread, which is the difference between the buy and sell price. It's worth mentioning that these fees and commissions are subject to change, so it's always a good idea to check the latest information on their websites.
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