Do not invest more money than you can afford to lose.
UK-based forex broker XTB said on Tuesday it has decided to decrease commission fees for Pro trading accounts, starting 1 April, 2016.
Commissions can be paid in four base currencies – US dollar (USD), Euro (EUR), British pound (GBP), and Hungarian forint (HUF). The fees will be lowered by up to the equivalent of €1. Following are details about the old and new commissions XTB offers per lot:
Currency | New Commission | Old Commission |
USD | 4 | 5 |
EUR | 3.5 | 4.5 |
GBP | 2.5 | 3 |
HUF | 1,100 | 1,400 |
The broker offers three types of trading accounts – Basic, Standard, and Pro. For the different accounts, the broker offers differenc commission. For Basic and Standard accounts, it charges no commission fees for lots.
XTB is a broker of more than 50 spot forex pairs, indices, shares, commodities, and exchange traded fund (ETFs). It offers the trading platforms MetaTrader 4 (MT4) and xStation.
It is regulated by the UK’s Financial Conduct Authority (FCA) with offices in 11 countries.
Source: XTB
