FXORO 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.
MCA Intelifunds Ltd, regulated by CySEC, licence 126/10. How FXORO is regulated
Facts last checked . Read the full FXORO review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 1.2 pips, Floating
- GBP/USD spread
- Approx. 1.8 pips, Floating
- Commission
- $6 per lot, ECN forex
- All-in cost, EUR/USD
- Approx. 0.6-1.2 pips depending on account
- Spread type
- Fixed and variable, account-dependent
- Overnight swap
- Both: overnight swaps could be charged or credited; Islamic account available
- Inactivity fee
- $15 quarterly after 3 months inactivity
- Withdrawal fee
- Method-dependent
- Currency conversion
- 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.
FXORO 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 FXORO fees
Does FXORO charge to deposit or withdraw?
Withdrawal fees: Method-dependent.
Does FXORO charge an inactivity fee?
FXORO's inactivity fee is recorded as $15 quarterly after 3 months inactivity.
What does FXORO charge to hold a position overnight?
Overnight financing at FXORO is recorded as both: overnight swaps could be charged or credited; Islamic account available.
Fees at brokers under the same regulator
- IC Markets fees also licensed by CySEC
- Eightcap fees also licensed by CySEC
- XM fees also licensed by CySEC
- FxPro fees also licensed by CySEC
- Markets.com fees also licensed by CySEC