WikiFX

Sagot

FenzoFx does not charge a commission on forex and commodity trading, which simplifies the cost structure for traders. For me, commission-free trading is always an attractive feature, as it eliminates one variable when calculating the total cost of each trade. However, while there are no commissions, the broker earns from the spread, which starts from 0.5 pips for forex trades. From my experience, I prefer knowing the full cost structure, including how spreads might widen in volatile market conditions. FenzoFx’s model of charging no commission with a spread-based cost is common, but I would recommend understanding how spreads can affect your overall costs, especially for high-frequency traders.