WikiFX

Sagot

SmartSTP’s fees depend on the type of instrument being traded and the account type. For example, in the Silver account, the EUR/USD spread is 2.6 pips, which is relatively high compared to brokers with lower spreads. For the Platinum account, the spread drops to 1.4 pips for major forex pairs and crude oil. Additionally, there are commissions on certain instruments like CFD shares and stocks, which are 0.10% and 1% per trade respectively. This commission structure is fairly standard, but I always make sure to calculate how these fees will affect my trades before proceeding.