COMMISSIONS
On Standard accounts, FXCM charges a low, competitive commission to trade forex. Unlike many other forex providers, we do not markup the spreads, so there are no hidden charges or hidden fees when trading with FXCM. Commissions are based on instrument and trade size, and start as little as $0.04 per 1k lot.
SPREADS
The table below shows FXCM's average spreads for Standard Accounts. Our spreads are extremely low due to healthy competition in our vast network of global banks, financial institutions and other market makers that make up our renowned No Dealing Desk. You trade on the exact bid/ask quotes that stream from our liquidity providers.
TRANSACTION COSTS
Two components make up your total transaction costs when trading forex with an FXCM Standard Account: our low commissions and tight spreads.
HOW TO DETERMINE TRANSACTION COST FOR STANDARD ACCOUNTS
Say for example that you want to trade a 1K lot of EUR/USD. Simply add the commission to open and close a 1K EUR/USD trade ($0.04 + $0.04 = $0.08) with the value of the spread (0.2 pips X $0.10) = $0.02.
1K EUR/USD TRADE EXAMPLE

To find the value of the spread, multiply the spread and the pip cost (displayed in the Simple Dealing Rates window of FXCM's trading platform).
 


No comments:
Post a Comment