How much does FXTM charge per trade?
Asked 3 years ago
Hi everyone, I have been looking at the different trading platforms and brokers available for trading indices and commodities, and I like the look of FXTM. The only thing I am not sure of is their commission fees. Does anyone here know how much they charge per trade? Thanks in advance!
Osasere Okunloye
Saturday, February 05, 2022
The commission is applied only on the Advantage MT4 and MT5 accounts. On the Advantage MT4 account, the commission is charged at 4 units of the base currency or exchange rate. For example, if your account is in USD and you trade 1 lot USD/JPY, your commission will be $4. If you trade 1 lot EUR/USD, your commission will be 4 EUR multiplied by EUR to dollar exchange rate. In the Advantage MT5 account, the commission is fixed. $2 when you open a position and another $2 when you close it, so for every trade on advantage MT5 account, you pay $4.
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