FXGM Fees, Spreads and Commission

FXGM’ spreads on EUR/USD start from 0,3 pips. FXGM does charge a fee for inactive accounts – a quarterly inactivity fee of €150, which rises to $500.

FXGM at a glance

Overall Rating

• 3.4/5

Read Review

OPEN AN ACCOUNT

Min Deposit

USD 200

Regulators

CySEC, MiFID

Trading Platform

PROfit, WebPROfit, Mobiel PROfit

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

Choose your quick section of our FXGM Fees Spreads and Commission below.

FXGM Fees and spreads – 6 key points quick overview:

1. FXGM Fees and Spreads
2. FXGM Additional Trading Fees
3. FXGM Broker Fees
4. FXGM Pros and Cons
5. Conclusion
6. Frequently Asked Questions

Here is our overview of the FXGMFees Spreads and Commission as well as the features that are offered, which could effect your trading.

FXGM Fees and Spreads

FXGM’ spreads on EUR/USD start from 0,3 pips. FXGM offers tight spreads across most of its asset classes, as is the case with EUR/USD.

Fees, spreads, and commissions that traders can expect on the company’s spread list when trading with FXGM is as follows:

CFD

FTSE Spread 6

GBPUSD Spread 3

Oil Spread 0.06

Stocks Spread Variable

Forex

GBP/USD Spread 0.3

EUR/USD Spread 0.3

EUR/GBP Spread 0.3

Cryptocurrency

Trade top crypto cross pairs at FXGM at floating spread

Coins – BTC, ETH, LTC, XRP, DSH.

FXGM Additional Trading Fees

When trading financial instruments such as forex, traders can expect that overnight fees or swap fees will be applicable when positions are held for longer than one trading day. This broker charges a rollover fee of 0.015% on any overnight exposure for all assets except cryptocurrency, which is charged at 0.05% by the global entity and 0.1% at FXGM ZA.

FXGM does provide for an Islamic Account for Muslim traders who follow the Sharia Law and are prohibited from earning or paying interest where the holding of open positions is concerned. The FXGM support team can be contacted to find out whether spread betting is allowed and what spread betting fees would apply.

FXGM Broker Fees

FXGM withdrawal fees varies according to the payment method. FXGM does charge a fee for inactive accounts – a quarterly inactivity fee of €150, which rises to $500 at FXGM ZA. FXGM does not charge deposit fees.

Traders need to verify what additional charges which may be waived by their financial institution. In addition, should traders transfer fees in a currency which is different from their account base currency they may be subjected to currency conversion fees.

FXGM Pros and Cons

Conclusion

Although FXGM does not offer any bonuses or rewards, the trading conditions are quite attractive and FXGM is not only a reputable broker, but one that caters for beginners as well as more advanced traders.

FXGM’ spreads on EUR/USD start from 0,3 pips. FXGM does charge a fee for inactive accounts – a quarterly inactivity fee of €150, which rises to $500.

You might also like: FXGM Review

You might also like: FXGM Account Types Overview

You might also like: FXGM Demo Account – Step by Step

You might also like: FXGM Islamic Account Overview

You might also like: FXGM Minimum Deposit

You might also like: FXGM Sign up Bonus

Frequently Asked Questions