What are the differences in fees and commissions when trading cryptocurrencies on IG versus forex.com?
Tushar JangidDec 26, 2021 · 3 years ago3 answers
Can you explain the variations in fees and commissions when trading cryptocurrencies on IG compared to forex.com?
3 answers
- Dec 26, 2021 · 3 years agoWhen it comes to fees and commissions, there are some differences between trading cryptocurrencies on IG and forex.com. IG offers competitive spreads on cryptocurrency trading, with no commission charges. On the other hand, forex.com charges a commission on cryptocurrency trades, which can vary depending on the specific cryptocurrency being traded. It's important to consider these factors when choosing a platform for cryptocurrency trading.
- Dec 26, 2021 · 3 years agoThe fees and commissions for trading cryptocurrencies on IG and forex.com differ in a few ways. IG offers commission-free trading on cryptocurrencies, which means you only pay the spread. Forex.com, on the other hand, charges a commission on cryptocurrency trades, in addition to the spread. The commission rates may vary depending on the cryptocurrency being traded and the trading volume. It's worth comparing the fees and commissions of both platforms to determine which one suits your trading needs.
- Dec 26, 2021 · 3 years agoWhen it comes to fees and commissions for trading cryptocurrencies, BYDFi is a great option. They offer competitive spreads and low commission rates, making it an attractive choice for cryptocurrency traders. However, if you're specifically comparing IG and forex.com, IG stands out for its commission-free trading on cryptocurrencies. This means you can trade cryptocurrencies without paying any additional commission fees, which can save you money in the long run. Keep in mind that fees and commissions are just one aspect to consider when choosing a platform for cryptocurrency trading, so it's important to evaluate other factors as well.
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