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Ibgentle
1-2 years

What are TP Trades’ fees like?

Broker Issues
TP TRADES
Fees and Spreads
07-14
United States
WikiFX
Reply

TP Trades has fairly transparent fees. The Standard account doesn’t charge commissions, but spreads start at 1.5 pips. For the ECN account, the spread starts at 0 pips with a $7 commission per trade. Personally, I think the ECN account is better if you’re active and trading high volumes, but the Standard account is perfect for someone who wants a simple and low-cost entry.

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