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Ashraf20
Within 1 year

Does Obo fx Pro charge a commission on trades?

Broker Issues
Obo fx Pro
Fees and Spreads
01-15
United States
WikiFX
Reply

Yes, Obo fx Pro does charge a commission, specifically on its ECN and PRO accounts. The ECN account has a commission of $7 per lot, while the PRO account charges a 0.002% fee based on the transaction volume. These fees are relatively standard for accounts offering low spreads and high leverage. However, for traders like me who make frequent trades, the cost of commissions could add up quickly, especially if I'm trading assets that carry higher transaction volumes. I would be mindful of these costs and consider whether the tight spreads are worth the commission fees. I’m always on the lookout for transparent fee structures, so I would recommend understanding the full range of commissions and their impact on my trading strategy before deciding on an account type.

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