We know the sound of the terms “fees” and “services charges” isn’t great for you as a trader. You will be glad to know that we will not bother you with so many fees and service charges. We make things easy for our traders, and to do that, we like to keep fees, service charges, and commissions as little as possible.
However, you do have to realize that certain fees and service charges are not in our control. When you deposit funds in your online trading account, we do not charge you any commission on that deposit. Since you are using your bank’s services for transferring the funds, you might end up paying service charges, but you are paying those service charges to the bank.
Other types of service charges that you may concede when you are trading on our platform include the following.
For us, it is important that we make our trading features as simple and straightforward as possible. To achieve that, we tell you all about those fees and charges beforehand. When you sign up and trade with us, you will be paying the fees in the form of spreads. Keep in mind that this is the standard way for online companies to charge you for their trading services. We do not charge you anything in addition to the spreads.
Sometimes, when you are trading on our platform, you might enter a position that you will keep in the “open” status overnight. This is when you are holding a position that will incur swap fees. Again, you have to know that these fees are not exclusive to us. When you hold a position for the night and close it the next day, you always pay the swap fees. You will pay that fee when you do the same on our trading platform.
We like to keep banking as easy as possible for you. There is a reason why we don’t have any service charges on your deposits. When it comes to withdrawing money from your online trading account, you will be able to make the first withdrawal without any commissions or service charges to pay. However, there is a service charge that you will have to pay when you make the second withdrawal from your account within the same month.
When you sign up with us with any trading account, you will get some features in a limited form. So, if you go with a basic trading account, you will have only a limited number of training sessions with an expert. If you want to have more training sessions, you will have to pay a fee. However, when it comes to webinars, you can attend as many webinars as you like. Other training materials, such as eBooks and videos, are made available to you for no extra cost on the deposit you make when opening the trading account.
If you want to know about any other fees and service charges, you can always call us or send us an email.