What are the fees and charges for trading cryptocurrencies on cityindex com au?
Raunaq AroraDec 27, 2021 · 3 years ago1 answers
Can you provide a detailed explanation of the fees and charges associated with trading cryptocurrencies on cityindex com au? I am interested in knowing the costs involved before I start trading.
1 answers
- Dec 27, 2021 · 3 years agoWhen it comes to trading cryptocurrencies on cityindex com au, you'll encounter a few fees and charges. The commission fee is a percentage of the trade value and can differ depending on the cryptocurrency you're trading. The spread fee, on the other hand, is the difference between the buy and sell prices and can fluctuate based on market conditions. Additionally, if you hold positions overnight, you may incur overnight financing charges. These charges are determined by the size of your position and the prevailing interest rate. It's worth noting that these fees and charges are subject to change, so it's wise to review the latest fee schedule on cityindex com au before diving into trading.
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