Abshire Smith spreads start from 1.8 pips on their Mini ECN account and 0.7 pips for the VIP account. All the broker’s accounts are offered with a maximum leverage of 1:200.
Abshire Smith at a glance
| 🔎 Broker's Name | Abshire Smith |
| 📍 Headquartered | London, United Kingdom, Wales |
| 📅 Year Founded | 2011 |
| ⚖️ Regulating Authorities | FCA |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:30 under European FCA regulation, otherwise 1:200 |
| 💰 Minimum Deposit | 500 USD |
| 💳 Deposit Options | Wire transfer, Neteller, Skrill, CashU |
| 💳 Withdrawal Options | Wire transfer, Neteller, Skrill, CashU |
| 💻 Platform Types | Vertex FX 10, MetaTrader4 and Stratacator |
| 📱 OS Compatibility | Mobile, web, iPhone, iPad |
| 👨💼 Languages supported on Website | English and Arabic |
| 👥 Customer Support Languages | English and Arabic |
| 📆 Customer Service Hours | 24 hours 5 days per week |
| 👉 Open a account | Click Here |
Min Deposit
USD 250
Regulators
FCA
Trading Platform
MT4, Vertex FX10, Statacator
Crypto
No
Total Pairs
40+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our Abshire Smith Fees Spreads and Commission below.
Abshire Smith fees and spreads – 6 key points quick overview:
Abshire Smith Fees and Spreads- Abshire Smith Additional Trading Fees
- Abshire Smith Broker Fees
- Abshire Smith Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is our overview of the Abshire Smith Fees Spreads and Commission as well as the features that are offered, which could effect your trading.
Abshire Smith Fees and Spreads
Spreads on the Abshire Smith accounts start from 0.7 pips for the VIP account to 1.8 pips, commission excluded, for a Mini ECN account.
The spreads are competitive and one of the advantages of trading with Abshire Smith.
All the broker’s accounts are offered with a maximum leverage of 1:200 for Forex and 1:100 for other assets such as commodities and precious metals. The broker connects their traders to a global liquidity pool to offer excellent price feeds and tight spreads to provide a real ECN trading environment.
The spread list and fee schedule which is offered by Abshire Smith is competitive. Fees, spreads, and commissions are:
️ Abshire Smith offers a choice between fixed spread or the NDD connectivity to the liquidity providers, with raw spread and commission charged per traded lot.
️ Typically, EUR/USD spread is about 0.8 pips.
️ Margin requirements vary depending on the trader, instruments, and accounts.
️ Abshire Smith can provide NDD execution for Forex FX, CFDs and equities, while the connectivity to on-exchange futures and equities trading is possible for VIP or institutional clients either through an API or FIX connection.
Abshire Smith Additional Trading Fees
When trading financial instruments such as forex, traders can expect that overnight, or swap fees must be paid when positions are held for longer than a trading day.
Traders should contact the Abshire Smith support team for detailed information on the swaps that they can expect.
Abshire Smith makes provision for an Islamic Account for Muslim traders who are prohibited from earning or paying interest where the holding of open positions is concerned because they follow the Sharia Law.
Abshire Smith Broker Fees
Abshire Smith may charge additional deposits fees but no withdrawal fees, depending on the payment option you choose.
Traders will be subjected to currency conversion fees if they transfer fees in a different from their account base currency.
Min Deposit
USD 250
Regulators
FCA
Trading Platform
MT4, Vertex FX10, Statacator
Crypto
No
Total Pairs
40+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Abshire Smith Pros and Cons
| ✔️ Pros | ❌ Cons |
| Competitive trading conditions | Deposit fees payable |
| Islamic Account/Swap-free provided for Muslim traders | Minimum deposit requirement very high |
Conclusion
Abshire Smith Fees Spreads and Commission varies according to the account type which the trader is using. Abshire Smith spread list starts from 1.8 pips.
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Frequently Asked Questions
What spreads can I expect with Abshire Smith?
Abshire Smith offers variable spreads on its various accounts. It starts from 0.7 pips for the VIP account to a minimum of 1.8 pips, excluding commission, for a Mini account.
Does Abshire Smith charge commission fees?
Abshire Smith charges commission of CFDs.
Why do brokers charge commission fees?
Commission fees are usually charged as a service for facilitating the buying and selling of financial assets via your forex trading account.
Does Abshire Smith charge deposit and withdrawal fees?
This broker charges deposit fees. Withdrawal fees might vary depending on the payment method used.
Does Abshire Smith charge inactivity fees?
No inactivity fees are charged by this broker.
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