WikiFX

Sagot

Xtrade’s fee structure primarily revolves around the spread, which starts at 2 pips. From my experience, a spread this wide is on the higher end compared to brokers offering spreads as low as 0.1 pips. For someone like me who actively trades, this can significantly increase my trading costs. Xtrade fees, while not including commissions, can still add up, especially for high-frequency traders like myself. When I look at other brokers who offer tighter spreads and better liquidity, the Xtrade trading costs seem relatively high. I personally prefer a broker that offers both low spreads and no commissions, which makes my overall trading cost much more predictable. For me, the combination of the high spread and the lack of competitive liquidity makes Xtrade platform less attractive in terms of long-term investment.