Fees have always been an important consideration when we choose a forex broker。Both transaction costs and access fees directly affect our investment costs and returns。Below, let us know together.FXCM FXCM Forex Broker's Fees。

1.FXCM Transaction Fees

Point difference

FXCM's transaction costs are mainly reflected in its spread.。In general, FXCM spreads are relatively low, which is a big advantage for investors who trade frequently.。For example, in major currency pairs, the spread of EUR / USD is usually 1.around 3 points, while the spread of GBP / USD is usually 1.Around 7: 00。These are spreads under normal market conditions, but spreads may widen under high market volatility。

Commission

FXCM's trading commission mainly depends on the type of account you choose.。In its standard account, FXCM does not charge trading commissions and its income comes mainly from spreads.。However, for premium accounts, FXCM charges a commission based on the currency pair traded and the volume traded。Specific commission fees, investors can find a detailed description on FXCM's official website。

2.Access fee

Deposit expenses

FXCM does not charge deposit fees, no matter which method you choose to use for deposit, such as credit / debit card, bank transfer, e-wallet, etc., FXCM will not charge any fees。However, this does not mean that no costs will be incurred during the deposit process。For example, if you choose to use an international bank transfer to make a deposit, your bank may charge a fee.。Therefore, investors are advised to consult their own banks or payment agencies about possible fees before making a deposit。

Payment expenses

FXCM has an equally friendly policy on the payment of gold.。No matter which way you choose to pay, FXCM will not charge any fees。However, as with the deposit, this does not mean that no costs will be incurred during the deposit process。Certain banks or payment institutions may charge a fee for the withdrawal, so investors are advised to also consult their own banks or payment institutions about possible fees before making a withdrawal。

3.Other expenses

In addition to transaction costs and access fees,FXCM may also charge some other fees。For example, if a trading account does not have any trading activity for a year, FXCM may charge an account maintenance fee。In addition, FXCM may charge a fee for investors using certain advanced trading tools or services。

In general,The fee structure of FXCM is quite transparent and reasonable。Its transaction costs are relatively low and access fees are very friendly.。However, investors will still need to read FXCM's fee statement carefully before trading to ensure they are aware of all possible charges.。

4.How to reduce costs？

在在FXCM deal, lower fees are also a concern for investors。There are several possible ways:

Select the appropriate account type

As mentioned earlier,FXCM's fee structure for standard and premium accounts is different。In general, investors who trade frequently may be more suitable for premium accounts because spreads will be lower despite commissions。For investors who trade less frequently, a standard account may be more appropriate。

Take advantage of preferential activities

FXCM will provide some preferential activities from time to time, such as transaction cash back, commission relief, etc.。Investors can follow FXCM's official website or its social media to avoid missing out on these offers。

Reduce small transactions

Small transactions may incur relatively high transaction costs。Therefore, if possible, investors can minimize small transactions, thereby reducing transaction costs。

In general,FXCM's fee structure is fairly transparent and relatively low。However, investors should have a clear understanding of all possible fees before starting trading to avoid unexpected expenses。At the same time, investors should also choose the account type and trading strategy that best suits them according to their trading behavior and needs in order to minimize transaction costs.。