ATFXHow much does a foreign exchange transaction cost?

aboutforeign exchangeFor investors, transaction costs such as how much it costs to make a first-hand transaction and how much the first-hand handling fee is have always been their concerns. Considering the differences in trading platforms, fee items, and other factors, we herebyATFXTaking the platform as an example, we bring you first-hand informationForeign exchange transactionsAnswer the question of how much it costs.

As is well known, the standard hand for foreign exchange trading is100000Base currency, according to relevant regulations of regulatory agencies, with minimal support from formal foreign exchange trading platforms0.01Hand trading,ATFXForeign exchange is no exception. Assuming investors comeATFXForeign exchange transactions are conducted based onATFXAccording to the information provided by the foreign exchange platform,ATFXForeign exchange support0.01Hand trading, providing100/200Double trading leverage, if the investor chooses to200Double leverage0.01Hand trading, then the minimum requirement is5USD margin is sufficient to place an order for trading（100000/200*0.01=5）. In other words,ATFXThe minimum requirement for foreign exchange platforms is5You can place an order in US dollars.


Of course, it should be noted that,ATFXThe minimum requirement for opening a foreign exchange account is700USD, for insurance and investment safety considerations,ATFXExperts suggest that investors can withdraw in advance when conducting foreign exchange transactions1000—2000The trading funds in US dollars are traded due to the active foreign exchange market, which changes rapidly and operates throughout the day24Trading is non-stop every hour. If there is a market situation and there is no operational funds in the account, it is easy to fall into the dilemma of having no rice to cook. Not only will it miss the opportunity, but high returns will also be missed.

In addition, regarding the transaction cost that investors are concerned about, which is the issue of how much commission to charge for a first-hand transaction,ATFXThe rules for foreign exchange handling fees are as follows:
1、ATFXForeign exchange platforms do not charge handling fees,0Handling fees, as stipulated by the platform, only include spot differences, overnight interest, etc., excluding handling fees;
2、ATFXForeign exchange platforms collect margin for transactions, and the margin varies depending on the product, leverage, and real-time price. If the lever is200If multiple times, the minimum deposit is required500USD;100The minimum margin for double leverage is1000USD.
3、ATFXThe foreign exchange platform adopts floating spreads, with spreads as low as1.8This is relatively low among many foreign exchange platforms and also in line with investors' expectations.