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foreign exchangeHandling fees are a clich é d topic, how much is the handling fee/Whether it is high or not and what proportion to charge are concerns for many new investors entering the market. Regarding this,ATFXForeign exchange experts say that foreign exchange transaction fees vary depending on the trading platform. Some platforms may charge transaction fees and commissions, while others only charge point differences.ATFXAs a well-known platform in the industryForeign exchange transactionsThe platform adopts the mainstream trading mechanism in the industry, pure spread trading, and all trading products do not charge any transaction fees,ATFXThe foreign exchange handling fee is0。
of course,ATFXThe foreign exchange handling fee is0There is no such thing as a handling fee, but it does not mean that other foreign exchange platforms also do not charge handling fees. To better assist investors in understanding foreign exchange trading and minimize transaction costs,ATFXSenior experts say that whether the platform is good or not, being legitimate is the most important! Choosing a legitimate and reliable foreign exchange platform can not only ensure the safety and reliability of your transactions, but also reduce transaction costs and expenses. Here are the appraisal standards for legitimate foreign exchange platforms, hoping to be helpful to you:
(1)Check if there are qualifications for engaging in foreign exchange trading on the business license. Qualification is the standard for judging whether a platform is compliant. Without qualifications or holding non compliant or non-standard qualifications, there are also potential risks in transactions. To ensure safety,ATFXExperts suggest that one must choose a qualified platform engaged in foreign exchange trading.
(2)Check if the security of funds is guaranteed. How to ensure the safety of investors' funds is an important criterion for measuring the quality of a platform. The identification method is not difficult either. In addition to verifying transaction qualifications, check the platform's fund custody institution/Banks can determine their ability to ensure fund security.
(3)Check if the trading software on the platform is trustworthy, if the quotation is stable, open and transparent, and not affected by external forces. For trading system software, investors can log in to the official websites of various platforms and download it themselves.
In summary, only legitimate trading platforms can be conducive to the long-term stable development of the foreign exchange industry. In addition to legitimate platforms, the focus of foreign exchange transaction fees is also on legitimate platforms. It should be noted that legitimate foreign exchange platforms usually conduct transactions using the industry's commonly used pure spread trading method,ATFXAs a legitimate platform, foreign exchange, like other legitimate platforms, is naturally not subject to transaction fees, which are0。
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