Trading cost - Forex Broker Testimonials

I think this broker is best for professional traders as they have a lot of great features to support that. So far, they have checked all the boxes, including a narrow spread, low commissions, and compensation for bank transfer costs. Not to mention, the quality of each trade is really well preserved. However, I do think they aren't awful for new traders. But, they do have a pretty large spread and this might not be suitable for novice traders (1.6 pips I think). Their spreads can also widen according to market's volatility, so this might not the best condition for traders.

Actually, I believe the fees in eToro are at a bare minimum. I mean, zero commission and a low spread, isn't that enough for you? That is acceptable to me. When there are many inactive accounts, of course, they charge fees because I believe inactive accounts consume a lot of server memory. Also,  if you pay the fees, eToro will not be your inactive account. With so many features included, I believe the fees are reasonable.

eToro is one of the world's most innovative brokers. It has unique features that other brokers may not have. We can copy the strategies of other traders using social trading. It's similar to copy trading, but we copy from friends not from pro traders so we can discuss so many things there. It also has many features that I consider to be very advanced. However, one of the reasons I don't trade there frequently is that it charges an inactivity fee for accounts that do not trade for an extended period of time. Also, when we withdraw, we are charged $5, which can be costly for some traders.

If you are a cryptocurrency trader looking for the lowest trading fees, eToro is not your first choice because you can find other lower-cost platforms. You can find information about each broker's trading fees on this website. This eToro has too many charges in transactions. For example, You must pay a 1% fee in advance for the eventual sale of crypto coin, as well as an additional 1% fee on the purchase.

For me, trading Forex and CFDs at eToro is slightly more expensive than most competitors, despite the fact that eToro recently reduced spreads and introduced zero-dollar commissions for US stocks. Remember, if they added a $5 withdrawal fee, it is not suitable for users looking for lower fees. But I must admit that their trading feature is exceptional. eToro is the platform of choice for users looking for a modern trading platform.

You guys! I finally created my first account in TriumphFX! And I think I have to tell the world about my experience. Keep in mind, this isn't my first rodeo so I have some basic understanding of what to expect. Honestly, I think creating an account in this broker is pretty simple. You just need to upload this, upload that, and VOILA it's done! It was that simple even I was surprised. The verification process happened quite fast. The only downside is I feel like their minimum deposit is pretty expensive (I use the VIP account).

I would like to share my review regarding the deposit process of this company. While making a deposit, it is appreciated that the transfer fee is displayed upfront. However, I have noticed an issue where the displayed fee shows £0, but it turns out to be inaccurate. To my surprise, upon exploring the 'instructions' in their help and support section, I discovered a small percentage charge for currency conversions.

This raises my concern regarding transfers from GBP to GBP, as it seemingly incurs a fee of £150 per £5000. I am perplexed about where this information is clearly stated, as I could not find it anywhere on their platform or documentation. It would greatly benefit users if this information is presented more transparently to avoid any confusion or unexpected charges.

Easily one of the best experiences for cryptocurrency trading. If you are looking for an affordable crypto broker, this is your go-to broker for real. The best part of all is that they are really affordable, so it doesn't burden poor trader like me who is just trying to make some money like everyone else. If you are still looking for a reason to check on them, this is your wake-up call. Sure, they aren't perfect but nothing is, flaws are okay as long as they are honest.

Hai, I am fairly new in forex trading, so I don't really understand some basic knowledge about it. Here are some questions I have about FP Markets.

1. Why do FP Markets have two different types of pricing?

2. What is the difference between ECN and DMA pricing?

3. As a new trader, which one would bring me more benefits?

Thank you for answering my questions.

I can't believe how enormous their trading fees are! It's atrocious!

Sure, at the beginning they are very helpful, not to mention they give you this smooth experience. They have a very modern feel to their platforms, really perfect for young traders.

My opinion changes once I'm experiencing very high fees and unknown CFD fees without trading anything leverage. They are also charging day and night fees.

Please be careful when trading with them. Really, trading fees are normal, but I really wish they would tell me beforehand!