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July 28, 2016

Question:How much are the fees/commissions on FXPro's MT4, MT5 and cTrader platforms?

Answer:

There is no commission fee for opening and closing positions on the MT4 and MT5 platforms, and FxPro applies a small mark-up to the spread.

What is this “Mark-up”?

Mark-up spread is where your broker is making profits by offering its financial services.

Every broker adds this “Mark-Up” Spread unless the company has another way to make profits.

In case of FXPro, the broker has added Mark-up spread to all account types.

Spread is the price difference between “Bid Price” and “Ask Price”.

For your information, FXPro is only making profits from the “Mark-up” Spread and that is why the company is not able to offer 0.0 pip spread like some market maker brokers.

You either pay for a few dollars of mark up on every 1 lot of transaction or have a number of restrictions on trading platforms with 0 pip spread.

This is one of the reason why FXPro has been active for 10 years and there is a number of positive reviews on this broker.

FxPro Official Website

The conditions of fee and commissions can be changed at anytime. For the latest information, please visit FXPro’s official website.

cTrader with $4.5 per lot commissions

Although you will not be charged any extra commissions in MT4 or MT5 account, FXPro charges 4.5 USD per 1 standard lot transactions in cTrader.

The commissions in the case will be charged on both direction. Meaning that you will be charged when you open a positions and close a positions.

For example

If you are opening one lot of EUR/USD in FXPro cTrader account, then you will be charged $4.5 when you open the position, and another $4.5 when you close the position. So the total commission in this case would be $9.

*In the official website of FXPro, it is specified that you wil be charged 45 USD per 1 million dollars of trade, which is the same as “$4.5 per 1 lot”.

You can find the full trading conditions of all account types from the page here.

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