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Can you explain the fee structure at Xtreme Markets?

Broker Issues
Xtreme Markets
Fees and Spreads
06-04
United States
WikiFX
Reply

Xtreme Markets offers a fee structure that varies depending on the account type. For instance, the Cent Account has spreads starting from 1.2 pips and no commission, making it a cost-effective option for beginners like myself. The Prime Account offers spreads from 0.9 pips with no commission, while the Platinum Account provides tighter spreads of 0.6 pips with no commission. The Royal Account offers the tightest spreads starting from 0.2 pips but comes with a $2 commission per lot, which could increase my trading costs, especially if I trade large volumes. Personally, I appreciate the transparency in their fee structure but would want to ensure I fully understand the total cost of trading based on my chosen account type and strategy. I would recommend clarifying any additional charges, such as swap rates or inactivity fees, before committing to any account.

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