ATFXHow much does a foreign exchange transaction cost

Investment speculationforeign exchangeHow much money is important. Many novice forex traders often hear first-hand trading when they first encounter forex/The question is, what is the number of forex transactions and how much does trading forex cost? We are well-known forForeign exchange transactionsplatformATFXFor example, bringing youATFXThe answer to how much foreign exchange trading costs.

ATFXForeign exchange experts say that the amount of money required for a foreign exchange transaction varies depending on the foreign exchange platform, the spread, and the amount of transaction fees. withATFXFor example,ATFXForeign exchange provides a highly advantageous spread in the industry, while trading does not charge any transaction fees,0Handling fee transactions, andATFXThe foreign exchange spread is as low as3.8Compared to peers, it can be said that it is much lower. Here is an attachmentATFXForeign exchange trading spread chart:

1、ATFXHow much is foreign exchange in one hand?

ATFXExperts say that there are two versions of the hand in the foreign exchange market. The first version represents a standard hand, which is more common among the general public. The second type represents firsthand0.01The standard hand refers to the hand as the smallest unit for foreign exchange trading. Below, we will explain with one hand representing one standard hand.


The total funds represented by foreign exchange transactions are10A deal worth tens of thousands of dollars, if an investor makes an extra move in the US and Japan, is equivalent to buying10Trading in Japanese yen of ten thousand US dollars. Of course, in actual transactions, investors do not need to truly10A leverage of ten thousand dollars will amplify one's own funds.

2、ATFXForeign exchange transaction costs and fees

As we have mentioned before, there are two main costs for foreign exchange trading: foreign exchange margin and foreign exchange trading spread. Using the example above, in theATFXThe US and Japan are first-hand traders on foreign exchange platforms,200Under double leverage, the required margin is500USD,100If we were to double the leverage, it would be1000USD.

ATFXThe handling fee for foreign exchange transactions is the spread, which refers to the difference between the buying price and the selling price when building a position. Spread is the main cost that investors need to pay for transactions and is not refundable. The spread on different foreign exchange platforms also varies, and the first-hand handling fees for foreign exchange transactions are also different. Investors need to look at the spread on their own trading platforms.