FXTM fees
Cost is where brokers in the same regulatory bracket actually differ. The full fee record for FXTM, from the database.
Facts last checked . Read the full FXTM review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.1 pips, Advantage
- GBP/USD spread
- Approx. 0.3 pips, Advantage
- Commission
- $3.50 per side / $7 round turn, Advantage
- All-in cost, EUR/USD
- Approx. 0.8 pips
- Spread type
- Variable
- Overnight swap
- Both: swaps charged/credited; swap-free accounts available
- Inactivity fee
- $10/€10/£10 per month after 3 months inactivity
- Deposit fee
- Generally none; $3 low-transaction fee can apply below $30
- Withdrawal fee
- Skrill/Neteller/crypto free; card $3; bank wire $30
- Currency conversion
- Conversion at applicable exchange rate/charges
What this means
Cost is where brokers in the same regulatory bracket actually differ.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
FXTM lists a minimum deposit of $30. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about FXTM fees
What is the EUR/USD spread at FXTM?
FXTM records an average EUR/USD spread of approx. 0.1 pips, Advantage on a variable pricing model.
Does FXTM charge commission?
FXTM's commission is $3.50 per side / $7 round turn, Advantage. A commission account usually pairs with a tighter spread, so the two have to be read together.
Does FXTM charge an inactivity fee?
FXTM's inactivity fee is recorded as $10/€10/£10 per month after 3 months inactivity.
Fees at brokers under the same regulator
- Exness fees also licensed by FSC (Mauritius)
- HF Markets fees also licensed by FSC (Mauritius)
- FP Markets fees also licensed by FSC (Mauritius)
- AvaTrade fees also licensed by FSCA (South Africa)
- Admirals fees also licensed by FSCA (South Africa)