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What are the fees associated with trading cryptocurrencies on FXTM broker?

avatarEsref YetkinDec 16, 2021 · 3 years ago3 answers

Can you provide more details about the fees associated with trading cryptocurrencies on FXTM broker? I would like to know the specific fees for different types of cryptocurrencies and if there are any additional charges or hidden fees.

What are the fees associated with trading cryptocurrencies on FXTM broker?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When trading cryptocurrencies on FXTM broker, you will encounter various fees. The fees may vary depending on the type of cryptocurrency you are trading. Generally, FXTM charges a commission fee for each trade, which is a percentage of the total trade value. Additionally, there may be spread fees, which are the difference between the buying and selling price of the cryptocurrency. It's important to note that FXTM may also charge withdrawal fees when you transfer your cryptocurrencies to an external wallet or another exchange. Make sure to check the FXTM website or contact their customer support for the most up-to-date and accurate information on fees.
  • avatarDec 16, 2021 · 3 years ago
    Trading cryptocurrencies on FXTM broker comes with its fair share of fees. The fees can be categorized into commission fees and spread fees. Commission fees are charged as a percentage of the total trade value and can vary depending on the specific cryptocurrency being traded. Spread fees, on the other hand, are the difference between the buying and selling price of the cryptocurrency. It's worth noting that FXTM may also charge withdrawal fees for transferring your cryptocurrencies to an external wallet or another exchange. To get a clear understanding of the fees associated with trading cryptocurrencies on FXTM broker, it's best to visit their official website or reach out to their customer support.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to trading cryptocurrencies on FXTM broker, it's important to be aware of the fees involved. FXTM charges a commission fee for each trade, which is a percentage of the total trade value. The exact percentage may vary depending on the specific cryptocurrency you are trading. In addition to the commission fee, there may also be spread fees, which are the difference between the buying and selling price of the cryptocurrency. It's advisable to check the FXTM website or contact their customer support for detailed information on the fees associated with trading cryptocurrencies on their platform.