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RoboForex fees
Cost is where brokers in the same regulatory bracket actually differ. The full fee record for RoboForex, from the database.
Facts last checked . Read the full RoboForex review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.2 pips, ECN/Prime
- GBP/USD spread
- Approx. 0.4 pips, ECN/Prime
- Commission
- Approx. $4 round turn ECN; approx. $2 round turn Prime
- All-in cost, EUR/USD
- Approx. 0.6 pips, ECN
- Spread type
- Variable
- Overnight swap
- Both: overnight swaps may be charged or credited; Swap-Free available
- Deposit fee
- 0% internally
- Withdrawal fee
- Method-dependent; free withdrawals available 3 Tuesdays per month
- Currency conversion
- Conversion at RoboForex internal exchange rate
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.
RoboForex lists a minimum deposit of $10. 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 RoboForex fees
What is the EUR/USD spread at RoboForex?
RoboForex records an average EUR/USD spread of approx. 0.2 pips, ECN/Prime on a variable pricing model.
Does RoboForex charge commission?
RoboForex's commission is Approx. $4 round turn ECN; approx. $2 round turn Prime. A commission account usually pairs with a tighter spread, so the two have to be read together.
Does RoboForex charge to deposit or withdraw?
Deposit fees at RoboForex: 0% internally. Withdrawal fees: Method-dependent; free withdrawals available 3 Tuesdays per month.
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