Question: What's the Spread Cost & Commission of 4XC accounts?
Detailed Overview of Trading Costs, Commissions, and Spreads at 4XC
4XC provides a competitive and transparent trading environment designed to suit the diverse needs of its traders. The brokerage emphasizes affordability, flexibility, and transparency in its cost structure to accommodate both novice and expert traders.
Trading Costs Explained
At 4XC, trading costs are optimized to ensure that traders can maximize their market potential without incurring excessive fees. These costs vary based on the financial instrument being traded—ranging from major currency pairs to exotics and including commodities, indices, and cryptocurrencies.
Commission Structure
4XC employs a tiered commission structure that varies by the type of account a trader uses, which allows traders to choose a pricing model that best suits their trading volume and frequency.
- PRO Account
- Charges a commission of $5 per round turn per standard lot, catering to experienced traders who require tight spreads and rapid execution.
- STANDARD Account
- Offers zero commission trading, ideal for new traders and those with lower trading volumes.
- VIP Account
- Features a reduced commission of $4 per round turn per standard lot, designed for high-volume traders seeking cost efficiencies at scale.
Spread Information
Spreads at 4XC are highly competitive, starting as low as 0.0 pips for traders using the PRO and VIP accounts, which is particularly beneficial during periods of high liquidity.
- PRO Account
- Spreads start from 0.0 pips, allowing for precision trading that can enhance profitability.
- STANDARD Account
- Spreads begin at 1.0 pips, offering a balance between cost and accessibility for everyday trading scenarios.
- VIP Account
- Spreads also start from 0.0 pips, providing an edge for high-net-worth individuals and professional traders.
Additional Cost Considerations
4XC enhances its trading conditions with several additional features that directly impact overall trading costs:
- Fast Execution: 4XC’s trading platforms are hosted on high-speed servers to ensure minimal latency and reduced slippage, securing the best possible prices for traders.
- No Dealing Desk: By providing direct access to market rates without intervention, 4XC helps eliminate re-quotes and conflicts of interest, fostering a more reliable and transparent trading environment.
- Regulatory Compliance: The firm adheres to strict regulatory standards, ensuring that all trading practices are fair and transparent, which protects the interests of its clients.
Safety and Transparency in Trading
4XC commits to the highest levels of safety for client funds through the use of segregated accounts. This setup ensures that client funds are kept separate from the company’s operational funds, a standard practice in the industry that greatly reduces the risk to trader capital in the event of company issues.
- Funds Segregation: Ensures that client funds are strictly separated from company funds, offering enhanced protection against misuse or misappropriation.
- Transparent Reporting: 4XC provides clear and detailed reports of all transactions and trades, ensuring that traders can monitor and manage their investments effectively.
4XC’s structure for trading costs, commissions, and spreads is designed to provide competitive advantages while ensuring transparency and security for its clients. Whether you are a new trader seeking straightforward cost structures or a seasoned professional looking for efficiency and depth, 4XC offers tailored solutions to meet a broad spectrum of trading needs.