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Can I know the details about the fees of ePlanet Brokers LTD?

Broker Issues
ePlanet
Fees and Spreads
05-28
United States
WikiFX
Reply

ePlanet Brokers offers a range of fee structures depending on the account type. For example, the Standard account has a spread starting from 9 points with no commission, which might be suitable for beginners who prefer a straightforward pricing model. However, for more active traders, the ECN account offers tighter spreads starting at 3 points but charges a $5 commission per lot, which is typical for brokers that offer ECN (Electronic Communications Network) services. The ECN Pro account is particularly attractive if you’re looking for very tight spreads, starting from 0 points, but the $4 commission per lot is something to keep in mind. While these fees are competitive in the market, I would recommend calculating the total costs of trading based on the volume of trades you expect to execute, as commissions and spreads will add up over time. Personally, if you’re a heavy trader, the ECN Pro account might be more cost-effective despite the commission.

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