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What are the fees and commissions associated with trading cryptocurrencies on City Index?

avatarMario ContrerasDec 30, 2021 · 3 years ago3 answers

Can you provide more information about the fees and commissions charged by City Index for trading cryptocurrencies?

What are the fees and commissions associated with trading cryptocurrencies on City Index?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! When it comes to trading cryptocurrencies on City Index, there are a few fees and commissions to keep in mind. First, there is a spread, which is the difference between the buying and selling price of a cryptocurrency. This spread acts as a fee and is how City Index makes money. Additionally, there may be overnight financing charges if you hold your positions overnight. These charges vary depending on the cryptocurrency and can be found on City Index's website. It's important to note that fees and commissions can change, so it's always a good idea to check the latest information on City Index's platform.
  • avatarDec 30, 2021 · 3 years ago
    Trading cryptocurrencies on City Index comes with certain fees and commissions. One of the main fees to consider is the spread, which is the difference between the bid and ask price of a cryptocurrency. This spread acts as a fee and is how City Index generates revenue. Additionally, there may be overnight financing charges if you hold your positions overnight. These charges can vary depending on the cryptocurrency you're trading. It's recommended to visit City Index's website or contact their customer support for the most up-to-date information on fees and commissions.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to trading cryptocurrencies on City Index, you can expect to encounter various fees and commissions. City Index charges a spread, which is the difference between the buy and sell prices of a cryptocurrency. This spread acts as a fee and is how City Index makes money. Additionally, there may be overnight financing charges if you keep your positions open overnight. These charges can vary depending on the cryptocurrency you're trading. For more detailed information on fees and commissions, I recommend visiting City Index's website or contacting their customer support.