Global Broker Regulation Inquiry App
WikiFX
Allan777 
1-2 years
Are there PFD commissions?
Broker Issues
Fees and Spreads
08-17
United States
WikiFX
Reply
Yes, there are commissions with PFD trading, especially with the PFDPro and PFDProPlus accounts. I would need to pay $1 per lot in commission when trading on these accounts. While this is relatively low compared to other brokers, it’s still something to consider when planning my trading strategies. If I’m an active trader, these commission fees could add up over time, and I’d want to ensure that I’m factoring them into my cost structure. On the PFDTrader account, there are no commissions, which is a pro for me if I’m just starting out or trading infrequently. However, I need to weigh the commissions with the other costs, like deposit fees, when deciding how to proceed with PFD investments.
Similar Questions
Does KKJSEC offer fixed or variable spreads, and how do these spreads typically respond during periods of high market volatility or major news events?
Sanjay sirohi
09-03
How do Radex Markets’ fees compare with other brokers?
Sanjay sirohi
06-23
How do Forex Limited's overnight financing fees stack up against those of other brokers?
WoodCrusher
08-25
What is the typical spread I’ll get with Capital.com?
Jezreel2
06-21
Can I know the details about Umarkets fees?
Mansuber007
06-30