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What are the fees and commissions for trading cryptocurrencies on MetaTrader 4 on forex.com?

avatarBrianB417Dec 16, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees and commissions associated with trading cryptocurrencies on MetaTrader 4 on forex.com? I would like to know the costs involved before I start trading.

What are the fees and commissions for trading cryptocurrencies on MetaTrader 4 on forex.com?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    When trading cryptocurrencies on MetaTrader 4 on forex.com, you will be charged a spread fee. The spread fee is the difference between the bid and ask price of a cryptocurrency. This fee is applied to each trade and can vary depending on market conditions. It is important to note that forex.com does not charge any additional commissions for trading cryptocurrencies on MetaTrader 4.
  • avatarDec 16, 2021 · 3 years ago
    The fees for trading cryptocurrencies on MetaTrader 4 on forex.com are competitive compared to other platforms. The spread fee is generally lower than what you would find on other exchanges. Additionally, forex.com does not charge any deposit or withdrawal fees for cryptocurrencies. However, it is always recommended to check the latest fee schedule on the forex.com website for the most accurate and up-to-date information.
  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, another popular cryptocurrency exchange, the fees and commissions for trading cryptocurrencies are similar to those on forex.com. The spread fee is the main cost associated with trading and there are no additional commissions. BYDFi also offers competitive rates and a user-friendly interface for trading cryptocurrencies on MetaTrader 4. It's worth considering both forex.com and BYDFi when choosing a platform for trading cryptocurrencies.