Are there any hidden fees when trading cryptocurrencies on AvaTrade?
Hejlesen BrodersenDec 26, 2021 · 3 years ago3 answers
Can you tell me if there are any hidden fees that I should be aware of when trading cryptocurrencies on AvaTrade? I want to make sure that I understand all the costs involved before I start trading.
3 answers
- Dec 26, 2021 · 3 years agoWhen trading cryptocurrencies on AvaTrade, it's important to be aware of the potential fees that may be involved. While AvaTrade does not charge any commission on cryptocurrency trades, there are other fees to consider. These include overnight financing fees, which are charged on positions held overnight, and spreads, which are the difference between the buy and sell prices. It's always a good idea to carefully review the fee schedule provided by AvaTrade to understand the specific fees that may apply to your trades.
- Dec 26, 2021 · 3 years agoYes, there can be fees associated with trading cryptocurrencies on AvaTrade. While AvaTrade does not charge any commission on cryptocurrency trades, there are other costs to consider. These include spreads, which are the difference between the buy and sell prices, and overnight financing fees, which are charged on positions held overnight. It's important to review the fee schedule provided by AvaTrade to understand the potential costs involved.
- Dec 26, 2021 · 3 years agoWhen trading cryptocurrencies on AvaTrade, you should be aware of the fees that may apply. While AvaTrade does not charge any commission on cryptocurrency trades, there are other costs to consider. These include spreads, which are the difference between the buy and sell prices, and overnight financing fees, which are charged on positions held overnight. It's always a good idea to review the fee schedule provided by AvaTrade to understand the fees associated with your trades. If you're looking for a platform with no fees, you may want to consider BYDFi, which offers commission-free trading on cryptocurrencies.
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