WikiFX

Sagot

In my Dukascopy Bank review, I found that Dukascopy’s fee structure is fairly straightforward, but there are some costs I need to keep in mind. The commission is set at 0.7 pips per trade, which is competitive in the industry, especially when you consider the tight spreads that come with it. For EUR/USD, the spread averages around 0.3 pips, which helps lower the total cost of trading. However, the commission adds to the overall trading cost, making it important for me to factor this into my trading strategy. Another fee I need to be cautious of is the inactivity fee, which can be as much as 3% of my balance or a minimum of $25. This can be a drawback if I take a break from trading for an extended period, so I have to stay on top of my account activity to avoid these charges.