What are the fees and commissions associated with trading cryptocurrencies on FXCM Canada?

3 answers

• DataNerdNoneUseMar 18, 2022 · 4 years ago
  Trading cryptocurrencies on FXCM Canada involves various fees and commissions. The main fee is the spread, which is the difference between the buy and sell price of a cryptocurrency. FXCM Canada also charges a commission on each trade, which is a percentage of the trade value. Additionally, there may be overnight financing charges for holding positions overnight. It's important to review the fee schedule provided by FXCM Canada for detailed information on the fees and commissions associated with trading cryptocurrencies on their platform.
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• Tristar Deck and FenceOct 12, 2022 · 3 years ago
  When trading cryptocurrencies on FXCM Canada, you should be aware of the fees and commissions involved. The spread is the primary fee, and it represents the cost of executing a trade. FXCM Canada also charges a commission on each trade, which is a percentage of the trade value. It's important to consider these costs when planning your trading strategy and to review the fee schedule provided by FXCM Canada for more specific details.
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• Alaa HaniOct 03, 2023 · 2 years ago
  Trading cryptocurrencies on FXCM Canada involves fees and commissions. The spread is the main fee, and it varies depending on the cryptocurrency being traded. FXCM Canada also charges a commission on each trade, which is a percentage of the trade value. It's important to note that fees and commissions can impact your overall profitability, so it's crucial to consider these costs when trading cryptocurrencies on FXCM Canada or any other platform. For more detailed information, you can refer to the fee schedule provided by FXCM Canada.
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