House of Borse has competitive zero-pip spreads available on major currency pairs under the ECN pricing model. Spreads on leading pairs, such as the GBPUSD and EURGBP, start at 0.4 pips. The broker charges variable trade-based commissions from $4 per $100,000 traded.
House of Borse at a glance
| Broker's Name | House of Borse |
| 🏛️ Headquarters | London, England |
| 📅 Year Founded | 2001 |
| ⚖️ 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 | 1:30/1:100 for professionals |
| 💰 Minimum Deposit | $5000/R80 000 ZAR |
| ➕Deposit Options | Bank wire Credit cards Debit cards |
| ➖Withdrawal Options | Bank wire Credit cards Debit cards |
| 💰 Sign up bonus | No |
| 📊 Platform Types | Bank wire Credit cards Debit cards |
| 📈 Tradable assets offered | Forex, indices, commodities, equities |
| 📈 Spreads | from zero-pip(ECN) and from 0.4 pips(GBPUSD and EURGBP) |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 💬 Languages supported on Website | Multilingual |
| 💬 Customer Support Languages | Multilingual |
| ⏲️ Customer Service Hours | 24/5 |
| 👉 Open a account | 👉 Click Here |
Min Deposit USD 5000 Regulators FCA Trading Platform MT4, MT5, FIX API Crypto No Total Pairs 60 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Choose your quick section of our House of Borse Fees Spreads and Commission below.
House of Borse fees and spreads – 6 key points quick overview:
House of Borse Fees and Spreads- House of Borse Additional Trading Fees
- House of Borse Broker Fees
- House of Borse Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is our overview of the House of Borse Fees Spreads and Commission as well as the features that are offered, which could effect your trading.
House of Borse Fees and Spreads
Traders with House of Borse can expect the following spread list:
House of Borse has competitive zero-pip spreads available on major currency pairs under the ECN pricing model. Spreads on leading pairs, such as the GBPUSD and EURGBP, start at 0.4 pips. Dynamic spreads are updated in real-time in the MT4 and MT5 platforms.
The broker charges variable trade-based commissions from $4 per $100,000 traded with Silver accounts to a $3 commission in Platinum accounts. Commission charges drop with increased trading volumes.
House of Borse Additional Trading Fees
With regards to deposit fees and withdrawal fees, 3% transaction charges are applied to credit and debit cards by the broker’s transferring bank.
The broker does not appear to charge inactivity fees, although House of Borse does charge swap fees, also referred to as overnight fees.
A swap or rollover fee is the net interest return on a currency position held overnight by a trader. That is, when trading currencies, an investor borrows one currency to buy another. The interest paid, or earned, for holding the position overnight is called the rollover rate.
The broker does offer an Islamic, or swap-free account, which will allow traders of the Muslim faith to avoid paying swap fees as they fall under the type of interest that is prohibited by Sharia law.
House of Borse Broker Fees
Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution.
As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency which is different from their account base currency.
As HOUSE OF BORSE is not a spread betting broker, spread betting fees will not apply.
Min Deposit USD 5000 Regulators FCA Trading Platform MT4, MT5, FIX API Crypto No Total Pairs 60 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
House of Borse Pros and Cons
| ✔️ Pros | ❌ Cons |
| Competitive volume-based commissions | Transaction fees on deposits and withdrawals for card payments |
| Few additional fees | |
| Tight spreads | |
| Transparent pricing structure |
Conclusion
House of Borse Fees Spreads and Commission varies according to the account type which the trader is using. House of Borse has competitive zero-pip spreads available on major currency pairs under the ECN pricing model.
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Frequently Asked Questions
How many instruments can I trade with House of Borse?
House of Borse provides traders with access to over 200 financial instruments in the following markets:
- Forex – 60+ forex pairs; majors, minors, and exotics, including EUR/USD, USD/JPY, and EUR/GBP
- Equities – Company stocks including Google, Apple, Facebook, and Amazon
- Indices – Global cash and futures indices including the UK100 and US30
- Commodities – Including gold, silver, and energies
Does House of Borse offer leverage?
Yes. Maximum leverage is capped at 1:30 in line with ESMA regulations for retail traders, but the broker does provide leverage up to 1:100 for professional traders.
What spreads can I expect with House of Borse?
House of Borse has competitive zero-pip spreads available on major currency pairs under the ECN pricing model. Spreads on leading pairs, such as the GBPUSD and EURGBP, start at 0.4 pips. Dynamic spreads are updated in real-time in the MT4 and MT5 platforms.
Does House of Borse charge commission?
Yes. The broker charges variable trade-based commissions from $4 per $100,000 traded with Silver accounts to a $3 commission in Platinum accounts. Commission charges drop with increased trading volumes.
Is House of Borse regulated?
Yes. House of Borse is regulated by the Financial Conduct Authority (FCA).
Is House of Borse a recommended forex trading broker for experts and beginners?
No. House of Borse is positioned more towards advanced and professional traders due to the high minimum deposit.
What is the overall rating out of 10 for House of Borse?
8/10.
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