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ATFXHow much is the handling fee for foreign exchange transactions

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As part of the transaction,foreign exchangeTransaction fees are a cost issue that many investors have to face. The lower the cost, the better. However, different platforms have different regulations, and there are differences in point differences, handling fees, and so on. Therefore, there is no unified standard for how much the handling fees are charged. For beginners, understanding the transaction fees of well-known and legitimate platforms and using them as a reference can quickly understand the advantages and disadvantages of the platform and its cost. Below, we willATFXForeign exchange transactionsTaking transaction fees as an example, we will provide you with relevant knowledge about foreign exchange transaction transaction fees.

ATFXForeign exchange experts say that the level of foreign exchange transaction fees is directly related to the size of transaction costs. Generally speaking, fees can be charged in two ways: fixed fees and floating spreads, and there are differences in fees depending on the method. Fixed handling fee refers to a fixed amount of handling fee charged by each transaction platform, without the need for additional payment. The advantage of this charging method is that the fees are simple, clear, and controllable, with a one-time fee charged for each transaction. However, it is not friendly to investors who frequently trade. Under high-frequency trading, the handling fee will be higher, which requires special attention.
ATFXHow much is the handling fee for foreign exchange transactions645 / author:atfx2019 / PostsID:1725363

Floating point spread is the method used by most foreign exchange platforms to collect handling fees. The spread refers to the price difference between the buying price and the selling price. Different currency pairs may have different floating spreads due to differences in liquidity. The floating spread of highly liquid currency pairs is usually relatively low, while for less liquid currency pairs, the floating spread may be relatively high.

withATFXTake the platform as an example,ATFXIt is a well-known trading platform in the industryATFXThere is no handling fee charged for any product traded on the platform. For pure spread transactions, the handling fee is0。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、ATFXThe foreign exchange platform adopts floating spreads, with spreads as low as3.8This is relatively low among many foreign exchange platforms and also in line with investors' expectations.

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