WikiFX

Sagot

City Index offers a clear fee structure, which I find to be quite reasonable. For starters, they do not charge fees for deposits or withdrawals, which is a huge plus for me. The spreads on the Standard account start from 0.8 pips, which is fairly competitive, and the MT4 platform offers spreads from 0.5 pips. This low cost structure is ideal for active traders like me who prefer minimal costs. However, there is an inactivity fee of £12 if I don’t make any trades for 12 months or more, which is something to keep in mind if I take a break from trading. Overall, I appreciate the transparency of City Index's fees, especially the lack of deposit/withdrawal fees. These fees are competitive, but I need to stay active to avoid the inactivity charge.