Are there any data exchange fees for trading on the Forex Currency Platform?
Asked 4 years ago
I don't really grasp what data exchange fees are and how they could be applied to Forex trading. Can someone please explain to me?
Andrew Moran
Friday, November 05, 2021
Market data exchange fees are essentially when a charge is given to the exchange when market data is delivered to a system or individual trader. It is an agreement between the organization and the exchange.
When it comes to forex trading, it really depends on the trading platform that slaps these fees on customers. For example, Forex.com does not charge a data exchange or forex trading fee.
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