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FXGiants fees, after the safety questions
Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.
Regulation: British Virgin Islands Financial Services Commission (FSC), SIBA/L/24/1175. How FXGiants is regulated
Facts last checked . Read the full FXGiants review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.2 pips, STP/ECN Zero Spread
- GBP/USD spread
- Approx. 0.4 pips, STP/ECN Zero Spread
- Commission
- Approx. $9 per side / $18 round turn, Zero Fixed Spread
- All-in cost, EUR/USD
- Approx. 1.8 pips, Zero Fixed Spread
- Spread type
- Fixed and variable, account-dependent
- Overnight swap
- Both: overnight swaps charged/credited; swap-free accounts available
- Inactivity fee
- $50 after 1 year inactivity, then $50 annually
- Withdrawal fee
- Generally none internally; bank/payment charges may apply
- Currency conversion
- Currency conversion at applicable exchange rate
What this means
Cost is the last thing to weigh here, and never the thing that should decide it.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
FXGiants lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about FXGiants fees
Does FXGiants charge to deposit or withdraw?
Withdrawal fees: Generally none internally; bank/payment charges may apply.
Does FXGiants charge an inactivity fee?
FXGiants's inactivity fee is recorded as $50 after 1 year inactivity, then $50 annually.
What does FXGiants charge to hold a position overnight?
Overnight financing at FXGiants is recorded as both: overnight swaps charged/credited; swap-free accounts available.
Fees at brokers under the same regulator
- AvaTrade fees also licensed by FSC (BVI)
- Exness fees also licensed by FSC (BVI)
- easyMarkets fees also licensed by FSC (BVI)
- InstaForex fees also licensed by FSC (BVI)
- MultiBank Group fees also licensed by FSC (BVI)