7 Forex brokers that offer free commissions
As a trader, it is important to keep transaction costs as low as possible, here are some forex brokers that offer you free commissions。
As a trader, it is important to keep transaction costs as low as possible, here are some forex brokers that offer you free commissions。
Forex trading is not a cheap investment。Of course, every trader wants to hold their funds for as long as possible and try to make as much profit as possible。But one thing is certain: there is always a cost to investing。In forex trading, it is common for traders to charge a commission to the broker for each trade。
With this transaction fee, the trader basically pays for the services of the broker, such as executing orders and other functions。
However, for some traders, commissions may be a little too high。Fortunately, as part of their efforts to attract more traders, brokers are becoming more lenient about trading fees。This article will give you a comprehensive explanation of the recommendation of zero commission brokers.。
1. Exness
Exness is an international retail broker that has won many awards since it was first launched in 2008 and the broker is licensed by a number of well-known regulators.。There are also many types of trading accounts for you to choose from。However, Exness only offers commission-free trading services in professional accounts, charging about 3.$5 fee。
- Account Type: Professional Edition
Minimum deposit: $200
Spread: 0.1 from
Commission: No Commission
Maximum Leverage: 1: Unlimited
Tools: Forex, Metals, Cryptocurrencies, Energy, Stocks, Indices
The choice of broker is adjusted according to the needs of each trader. If you only need the basic platform and trading functions with the best attributes, then Exness may be your best choice。
Exness with its 0 only.Advantages such as the low spread from 1 o'clock make up for the lack of changes in its functions, which is very suitable for traders using scalping strategies (Scalper)。Spreads for major currency pairs in some account types can also be as low as 0.0 point, depending on market conditions。
Not only that, traders can also enjoy other advantages such as automatic withdrawals。Exness will process most customer withdrawals immediately without manual inspection; however, depending on the payment provider or method selected, withdrawals may be restricted。
Exness is one of the STP / ECN brokers in Europe, and the safety of traders' funds is also guaranteed。Exness became the official partner of Real Madrid football team for 3 years from July 2017, which also proves that the company has a high degree of stability.。
Exness supports deposits and withdrawals 24 hours a day, 7 days a week。However, it should be noted that the Company does not assume any responsibility if there is a problem with the deposit or withdrawal due to the payment system.。
Traders don't need to worry about transaction fees when making deposits and withdrawals.。Exness does not charge traders any transaction fees, and the chosen payment provider may incur some fees。Exness offers traders a variety of payment methods, including wire transfers, bank cards, Neteller, Skrill and more。
Financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the world's top four accounting firms。
In addition, Exness is one of the most transparent brokers in the online trading industry, and traders can find all the information about the company on the website, such as trading volume, number of active customers, customer deposits, company funds, etc.。
Exness offers different platforms, including MetaTrader 4, MetaTrader 5, web and mobile platforms, which makes it easier for traders to trade on Exness because the Exness platform can be accessed anytime, anywhere。
Over the years, Exness has developed into a broker that attracts traders, who comply with financial regulations such as FCA and CySEC, further strengthening their trust.。
One measure of customer confidence is the volume of transactions。As of December 2018, the monthly trading volume of its clients reached $348.4 billion, with more than 50,342 active traders worldwide.。
With the programs offered by Exness, traders also have the opportunity to earn extra income by becoming their partner。By introducing the Broker (IB) program, partners can earn up to 33% spread commission from each new customer who registers。
Additional income from Exness Partners。Traders who register through the member link can earn up to 25% spread commission per trade.。
Customers can also use their free VPS hosting service when trading at Exness。VPS (Virtual Private Server) provides traders with greater reliability and stability because they can maintain their trading and expert advisors without interruption in the event of unexpected technical problems (such as Internet or power outages)。
In summary, Exness is a trader's favorite broker due to its low spreads and flexible account type, ideal for traders with limited funds but need more opportunities to maximize profits。The broker is also known for its maximum support for new and old partners.。
2. FXTM
FXTM is a CySEC-issued broker in Cyprus and holds two additional licenses from FCSA (South Africa) and FCA (UK).。The broker was founded in 2010 and currently has offices in several countries.。FXTM is known for its strong support of its customers and offers various advantages in its services。
The broker offers a complete selection of account types: from Cent accounts for beginners to Pro accounts for professionals。Most of these accounts don't have any hidden commission fees。In fact, for both FXTM trading account types (Micro Account and Advantage Plus) you don't need to pay any commission at all。
Traders of almost any trading strategy can choose an account that is considered best for them without worrying about commission fees。
Account Type: Micro
Minimum deposit: $/ €/ £10,10,000
Spread: 1.From 5
Commission: Zero Commission
Trading Instruments: Forex, Metals, CommoditiesAccount Type: Advantage Plus
Minimum deposit: $/ €/ £500, £80,000 (deposit is allowed via Qiwi, credit card, debit card, etc.)。
Spread: 1.From 5
Commission: Zero Commission
Trading instruments: Forex, Metals, Commodities, Indices, Equity CFDs (MT5 only), Equity (MT5 only)
Originally launched in 2011, FXTM's unique vision is to offer unparalleled superior trading conditions.。Opening an account with FXTM also gives you access to advanced education and advanced trading tools in the Forex industry。
FXTM is now registered with the UK Financial Conduct Authority with registration number 600475, the company is also regulated by the Cyprus Securities and Exchange Commission with CIF licence number 185 / 12 and licensed by the South African Financial Conduct Authority (FSCA) with FSP number 46614.。
FXTM has 1 million registered accounts and more traders join every day。The company continues to strive to improve its performance and has won many awards such as the World Finance Award for Best Trading Experience 2019, the International Finance Award for Best Online Forex Trading Company in Nigeria 2018, the Hexun 2018 Reputable Investor Education Forex Broker Award, Fxeye.Com 2018 China Foreign Exchange Brand Award, etc.。
As a responsible broker, FXTM determines leverage (expressed as a ratio of trade size relative to the trader's purchasing power) based on the trader's trading knowledge and experience level, and evaluates it through an appropriateness assessment. It also supports leveraged trades up to 1: 1000。
As for spreads, FXTM offers 0.The low spread from 1 o'clock, so traders can withdraw profits at the beginning of the trade。With headquarters in several countries, the company uses No Trading Desk (NDD) technology and works with reliable liquidity providers to deliver the best bid and ask prices.。
For beginners, there is an automated trading tool called algorithmic trading。Traders can develop their own trading strategies or adopt the strategies of other traders when trading at FXTM。In addition, the strategy is also applied to automated trading systems, such as smart trading systems, so that traders don't have to worry about losing opportunities without observing the market and still make profits。
Three types of ECN accounts using MT4 and MT5 trading platforms。There are also mobile and tablet app trading platforms。In addition to offering multiple account variants, FXTM also makes every effort to ensure that customers receive the excellent support they deserve, so that their trading experience is optimal and user-friendly。
FXTM also offers a variety of products, in addition to more than 50 foreign currencies, gold, silver, commodity futures (oil) CFDs, ETF CFDs and indices.。
The broker also provides education on basic concepts of the forex industry。Traders can read all the concepts offered in the form of e-books, video tutorials, articles, webinars and forex seminars。The FXTM website is available in 17 languages for traders to understand Forex。
Traders can also choose from a variety of payment methods, including credit cards (Visa, Mastercard, Maestro) and e-wallets (Neteller, Skrill, Western Union)。For withdrawal of funds, traders do not have to pay a fee of 2 hours to 2 days。Traders can ask further questions via live chat and contact the administrator via email, FXTM has a question and answer page on Forex trading。
3. FBS
FBS, whose name is well known in more than 190 countries worldwide, is a broker established in 2009 under IFSC (Belize) and CySEC (Cyprus) regulation.。The broker has now received quite a few awards, such as the best copy trading app in the world in 2018, the most progressive Forex broker in Europe in 2019, etc.。
FBS maintains zero commissions on some of its trading accounts such as Standard, Cent, Pro and Micro。In addition to commission-free, FBS allows traders to use almost any trading strategy, including scalping and automated trading, to meet the various needs of beginners and professionals.。
Since 2009, FBS Holding Inc.(FBS) achievements in the field of foreign exchange transactions have been recognized by various international institutions.。As of 2019, the number of FBS clients reached 14 million, winning the most transparent Forex broker in 2018, the best investor education in 2017, the best customer service broker in Asia in 2016, the IB Forex program and many other titles.。
FBS is regulated by Belize IFSC and Cyprus CySEC。The broker is trusted by millions of traders and 370,000 partners from all countries.。According to the data, FBS has about 7,000 new trader and partner accounts every day.。And, 80% of customers will stay in FBS for a long time。
Trading products offered by FBS include Forex, CFD, Precious Metals and Equities。For Forex trading, CySEC-regulated FBS provides leverage of up to 1: 30 for cent accounts and standard accounts。Customers who want to try higher leverage can also register an account with FBS Belize。
In all types of accounts, the spread is from 1 point。Volume orders in standard accounts can be 0.01 to 500 lots, it is recommended that experienced traders use the account。
And on the cent account, bulk orders can be executed up to $500 breakups or the equivalent of 5 standard lots.。Cent accounts involve varying degrees of risk。FBS recommends cent accounts to beginners。All account types support the following trading instruments: 28 currency pairs and 2 metals。
Before entering the real Forex market, traders can practice using the FBS demo account, which is divided into two types, namely standard account and cent account。
Using the MetaTrader 4 and MetaTrader 5 platforms, FBS provides services on Windows and Mac, as well as Android and iOS mobile devices, providing traders with a trading experience at their fingertips, allowing traders to trade anytime, anywhere。
The MetaTrader platform also has a variety of key features, including the creation, purchase and use of Expert Advisors (EA) and scripts, one-click trading and embedded news, technical analysis tools, documentary other traders, hedging positions and VPS service support。
Another advantage of FBS is that customers who meet specific requirements receive a 100% deposit bonus and the deposit and withdrawal process is fast and convenient.。According to the customer, in addition to holidays, usually no more than 3-4 hours。
In order to increase the security of client funds, FBS also offers segregated accounts where 70 per cent of funds can be deposited with the client's bank; in addition, the margin is between 10 and 100 per cent.。If the trader loses funds in the course of trading but is insured, FBS will refund the trader's funds。
Traders have the opportunity to develop a side business when trading with FBS, i.e. as an economically recommended (IB) or affiliate。The commission provided by the FBS partner system is already at level 3, and traders can only earn additional income if they introduce new customers to FBS according to certain procedures。
Traders will also gain trading education experience at FBS。They have prepared a comprehensive foreign exchange course divided into 4 levels: beginner, beginner, intermediate and advanced。Traders can take courses that transform them from novice to professional, all materials are well structured。In addition, FBS offers a variety of forex analysis, webinars, forex news and daily market analysis that can be easily accessed on its website。
Traders can visit the official FBS website, which is available in multiple languages, including English, Dutch, Italian, French, Portuguese, Indonesian, Spanish, etc., and also provides live chat support 24 hours a day, 7 days a week。
In summary, FBS is a well-known broker among global retail traders。Due to flexible trading conditions, customers are able to use a variety of instruments for trading, low deposits, etc.。
4. InstaForex
InstaForex is a globally renowned broker, founded in 2007。The broker is convenient and user-friendly, mainly because of its good customer service and the wide range of trading tools available to its clients。
In InstaForex, there are certain types of forex trading accounts without commission, they are Insta.Standard and Cent.Standard。The main advantage of these accounts is that traders can change trading leverage and trade at any desired deposit level。
InstaForex is an international broker offering trading services to traders worldwide。Since its inception in 2007, InstaForex has served up to 7 million traders from various countries.。InstaForex, headquartered in Kaliningrad, Russia, is always committed to improving the quality of the company in order to attract the hearts of customers。
InstaForex's efforts are there for all to see, and one of them is winning various awards, including the 2018 Best Forex Cryptocurrency Trading Platform from the UK Forex Awards, the 2018 Best ECN Broker in Asia from IBM, the 2018 Eastern European Forex Broker of the Year Award from Lee, the 2016-2017 Financial Olympus Fonti Award, Development Award and Success Award, among others.。
InstaForex offers 4 types of accounts that represent a common trading tool that helps to operate on international financial markets, such as Insta.Standard, Insta.Eurica, Cent.Standard and Cent.Eurica。The type of trading account varies depending on the method of calculating spreads and commissions and is selected by the account opening trader。
Insta.Standard accounts are linked to standard trading terms on the Forex market and allow trade settlement using classic spreads with no fees。Traders are charged a fixed spread every time they make a trade, with a spread range of 3-7 points。The main advantage of this type of account is its versatility, as the trader can change the trading leverage and use the convenient trader's deposit size。
with Insta.Standard account is different, Insta.The Eurica account does not need to pay any spreads when opening positions.。Therefore, such InstaForex account is suitable for a minimum trading volume of 0.01 hands of a beginner trader。
InstaForex also has other types of accounts, namely Cent.Standard and Cent.Eurica, available for beginners because they can use the smallest trading volume, which is 0.0001 lots (cost per lot is 0.1 cent)。The deposit currencies available to traders are EUR and USD (for all types of accounts)。
Trading at InstaForex is taken for granted as traders can choose to trade with leverage between 1: 1 and 1: 1,000。Since the minimum initial deposit requirement is only $1 (for all types of accounts), InstaForex customers have the opportunity to receive a 30% to 100% deposit bonus。
Not only that, beginners will not be confused when determining a forex trading strategy because the ForexCopy service provided by Instaforex allows traders to copy orders from professional traders in just a few minutes。
In addition, InstaForex provides traders with about 300 trading tools, in addition to currency pairs, there are futures, stocks, gold, silver, CFDs, Bitcoin, etc.。
Every InstaForex client is free to choose the trading platform that suits their needs。There are four types of trading platforms available, including InstaBinary, WebIFX, MetaTrader4 and MetaTrader5, each with advantages and disadvantages。InstaForex also offers video tutorials on how to register on each platform with the aim of making it more convenient for beginner traders who want to join InstaForex。
If traders are still confused after watching the video tutorials, traders can reach out to customer service 24 hours online via various social media including email, Skype, Whatsapp, Telegram, Viber, Twitter and phone。About 30 languages are available on the InstaForex website to facilitate traders from different countries。
Traders can also use the trading calculator available on the InstaForex website to help themselves and can accumulate currency pairs, leverage, trading volume and currency used。
InstaForex also has a variety of payment systems, with traders paying for deposits via Visa, Mastercard, Skrill, Neteller, PayCo and wire transfers.。All in all, InstaForex is a comprehensive broker for many types of traders。
5. FXOpen
FXOpen is a broker established in 2003 with licenses from ASIC (Australia) and FCA (UK).。Many traders consider the broker to be suitable for novice traders, especially when FXOpen became the first broker to launch micro accounts and accounts without overnight interest in 2006.。
In general, FXOpen's micro accounts and STP accounts do not charge any trading commissions。In the micro account, the trader can start trading with a minimum deposit of $1 and a floating spread starting at 0, so it is very convenient for novice traders。In addition to this, FXOpen allows traders to execute a variety of trading strategies, including scalping, hedging or automated trading。
FXOpen has been operating as an online trading provider for retail customers since 2005.。The company was founded by a group of traders with a mission to provide services in the interests of traders.。FXOpen claims to be one of the first companies to offer ECN trading via MetaTrader 4 (MT4)。With unique proprietary price aggregation technology, customers can benefit from the industry's most competitive spreads (from 0 points) and low trading commissions。
In 2006, FXOpen also became the first broker to offer micro and swap-free accounts.。Since then, they have gone on to become pioneers in a number of high-tech services, including the first crypto account that can offer trading facilities for 24 cryptocurrency pairs such as Bitcoin, Litecoin and Ethereum.。
In addition, the company also provides one-click trading and secondary MT4 plug-ins, allowing traders to trade with just a click of the mouse。Traders don't need to worry about trading security at FXOpen。They are registered with Nevis, FCA UK and ASIC Australia。
Provide STP, Micro, ECN and other trading accounts, as well as free unlimited demo accounts。Minimum deposit per account depends on account type; $1 for micro accounts, $10 for STP and cryptocurrency accounts, and $100 for ECN accounts。FXOpen also offers leverage up to 1: 3 (for cryptocurrency accounts) and up to 1: 500 (for micro, STP and ECN accounts)。
In addition, traders can enhance their trading capabilities with Myfxbook and Zulutrade automated trading systems.。Both services allow anyone to copy the trades of an experienced trader。Thus, a trader can replicate the results of a professional trader's strategy。
The FXOpen PAMM service allows transactions to be copied from the main account to one or more follower accounts and automatically distributes profits and losses。A professional trader operates personal funds through a PAMM account, his trading strategy is copied into the funds of his followers。The owner of the follower account can view and analyze the performance of the PAMM account with the help of advanced analytics。FXOpen has 3 PAMM accounts, STP, ECN and Crypto PAMM。
On ECN accounts, traders will receive direct quotes from leading liquidity providers, including Dresdner Bank, SG Paris, Standard Chartered, Barclays Capital, Bank of America, CRNX, JPMorgan Chase, Morgan Stanley, Deutsche Bank, Royal Bank of Scotland, Citibank and UBS Group。
After seeing the various advantages offered by FXOpen, traders can easily register an account by simply filling out the form in the registration menu of the FXOpen website。Traders will be required to verify documents in advance if they want to deposit or withdraw funds。According to the trader's experience and information, since the establishment of FXOpen, customers have not had any major complaints about payments (deposits or withdrawals)。
After registering with FXOpen, traders also have the opportunity to receive other benefits, such as the FXOpen cash return program within the first 90 days after new customer registration。Cash back minimum $5, maximum $1,000。
In addition, ECN, STP and crypto account holders can also use free VPS。Traders who can maintain a net worth of $5,000 at the end of the month or reach a monthly trading volume of $10,000,000 can use FXOpen VPS for 1 month free of charge。The advantages of VPS on FXOpen are excellent accessibility, flexibility and speed。
Trading on FXOpen becomes easier because traders can increase their insight into trading by participating in competitions。FXOpen Broker via ForexCup.com website offers weekly and monthly trading competitions on demo accounts, traders can participate in free competitions to hone their skills。If you want a bigger challenge, there are trading competitions on real accounts。
The company also offers a forex partnership program to traders, forex brokers and website owners who post information on fiat and cryptocurrency trading.。There are 3 types of partner levels, including using referral (affiliate) links, Forex rebates, and personal partner conditions to attract new customers to FXOpen's Forex IB (Forex Agent)。
All in all, FXOpen is a comprehensive forex brokerage firm for traders who want to try a variety of trading tools, the trading environment for ECN accounts, low minimum deposits, the best cryptocurrency trading conditions, and interesting trading features such as PAMM and mock competitions.。
6. OctaFX
OctaFX is one of the brokers that offers the lowest spread in the market and is commission-free.。The broker has been known since 2011 and has won a string of awards in recent years.。OctaFX allows commission-free trading in two of its accounts: OctaFX MT4 and OctaFX MT5, which also have other advantages such as spreads as low as 0 pips and minimum deposits。
In addition, the broker uses separate accounts to protect clients' funds。They try to ensure that personal data and online transactions are protected by SSL encryption, further ensuring security。OctaFX also lets you, who prefer to use a multiple-follow trading strategy, find the best traders to replicate their strategy。
OctaFX is one of the most famous brokers in the world and has won many awards for its very comfortable trading atmosphere and close-to-client service。OctaFX was founded in 2011 and is headquartered in Nicosia Strovolou 47, Kyros Tower。
OctaFX has received authoritative awards including "Best ECN / STP 2019" and "Best Broker in Asia 2019" from FX Daily Info; the Best Broker in Asia 2018 from Global Banking and Finance Review Magazine; and the Best Forex Broker and Best Trading Conditions 2018 from European CEO Magazine.。
For traders in most countries, OctaFX is licensed by Octa Markets Incorporated and registered in Saint Vincent and the Grenadines.。The broker also offers various facilities, such as live chat in Indonesian and WhatsApp support services, and deposits and withdrawals can be made through various local banks.。OctaFX does not charge a commission for every deposit and withdrawal made by a trader。
OctaFX offers different types of accounts that use market execution (STP / ECN) and 0.Floating spread of 2 points。All accounts of the OctaFX broker allow the use of various forex strategies, including scalping, hedging and trading with an EA。
There is also a fixed exchange rate discount when opening a Micro MT4 account.。All deposits made in IDR will be calculated at the exchange rate of US $1 = Rs 10,000 and will be credited to the trader's account balance。In addition, Muslim traders who want to avoid overnight interest can also use a no overnight interest account。
OctaFX trading is also suitable for novice traders。Because OctaFX offers low spreads, from 0.0 points to start floating, the required initial deposit is also very low, only $25。Account currencies are USD and EUR。
OctaFX gives 50% bonus every time a trader makes a deposit。and OctaFX's opening opportunities increase, deposit bonuses can be withdrawn on terms and conditions。
If traders are still confused about calculating profits, the OctaFX platform provides a trading calculator for each account type, where traders simply enter the currency pair being traded, the amount of leverage, the number of lots, and the type of currency used in the account。
With the Autochartist function, the opportunity to make a profit is also increasing。Traders are quickly notified when a trade shows a profit signal。Trend prediction accuracy reached 83%。
Traders do not need to worry about the security of the broker's funds, OctaFX uses segregated accounts and protects personal data and online financial transactions through SSL technology, which is adjusted according to international accounting standards and regulations.。
Another advantage offered by OctaFX is the Trade & Win program。Opening an account with OctaFX will give you the opportunity to collect lots, which can be accumulated into a variety of attractive prizes. Traders only need to open a real account on MetaTrader4 or MetaTrader5 through OctaFX to redeem the prizes for this promotion. Prizes include T-shirts, Android smart watches, smartphones and laptops。
OctaFX often has bonuses and other promotions, the broker runs weekly trading competitions on demo accounts and offers real bonuses that can be used for trading。
One of the prize contests is the OctaFX Champion-MT4 Demo Contest, with four winners per period and a total prize of $1,000.。
7. XM
XM is a broker founded in 2009 with legal licenses from a number of well-known regulators.。The broker offers multiple types of accounts with excellent trading conditions and unlimited access to MetaTrader 4 and MetaTrader 5 as its leading trading platform。
If you sign up for micro accounts, standard accounts and ultra-low accounts, you will be free of commission。Other benefits you can get include a variety of trading instruments (over 250), from 0.Variable spreads from 6 o'clock and a low minimum deposit of $5。
XM was founded in 2009 and is owned by an online broker named Trading Point of Financial Instruments Ltd。To serve customers worldwide, the company has established branches in XM Australia, XM Global and XM Cyprus。Each institution has a different head office and licence, of which XM Australia is registered with the Australian Securities and Investments Commission (reference number: 443670), XM Global is registered with the IFSC (reference number: 60 / 354 / TS / 19), and XM Cypus is registered with the Cyprus Securities and Exchange Commission (reference number: 120 / 10).。
XM is one of the most experienced brokers in online forex trading today。Since its inception, the broker has undergone many changes, adding ultra-low accounts and webinar features, supporting 19 different languages, with 35 native speakers in each language。
In terms of trading instruments, XM is a well-known diversified asset provider covering FX, commodities, CFD equity indices, precious metals, energy and equities。XM 99.35% of orders can be executed within 1 second。XM Trading will also provide services such as a strict no-re-quote policy, no virtual trader plug-ins, no rejection orders, real-time market execution, and traders can choose to place orders online or over the phone.。
In ultra-low accounts, spreads can be as low as 0 for all major accounts.6 points, while spreads on other accounts usually start at 1 point。XM limits leverage to 1: 888, a unique number now widely recognized as a hallmark of XM.。
To protect client funds in case of extreme volatility, XM offers negative balance protection for each account type。Deposits for micro and standard accounts start at $5, while ultra-low accounts require a minimum deposit of $50。Traders who open an account in XM can enable conditions similar to the cent account environment in a micro account with a lot size of only 1,000 units per lot.。If the minimum number of lots is applied in the MetaTrader platform (i.e. 0.01), which means that the trader only needs 10 units per trade。
Most of XM implement zero-fee deposits, and traders can choose to deposit and withdraw money through wire transfers, credit cards, and the best electronic payment methods such as Skrill, Neteller, and FasaPay.。
XM also provides Islamic accounts for Muslim traders in compliance with Sharia law, which prohibits the use of interest earned on overnight swaps for each currency pair.。In order to provide customers with the best trading experience, XM allows access to MT4 and MT5 platforms, each of which supports more than 6 display formats (PC, Mac, multi-terminal, WebTrader, iPad, iPhone, Android and Android tablets)。
All in all, XM goes global with trading services in more than 15 languages worldwide。In addition to simplifying the trader's experience with mainstream trading platforms and high-quality trade execution, XM is also aimed at all types of traders, from small capital traders to experienced traders with large deposits.。You can even trade in a cent trading environment if you register under a micro account。
For its global dissemination scheme, traders from different countries can easily access XM's services, providing traders in certain jurisdictions with specified different links to access XM。
Conclusion
In Forex trading, commissions can be a burden, especially for small-cap traders who cannot afford high transaction costs。Therefore, free commission is a very beneficial feature。However, this should not be the only thing you focus on when choosing a broker。If the commission is free, the broker may find other ways to make money。
So, you should constantly learn trading knowledge and research before opening an account and often read user reviews of brokers。
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