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TopFX 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: BVI FSC (SIBA/L/23/1161); CySEC (138/11); Seychelles FSA (SD037). How TopFX is regulated

Facts last checked . Read the full TopFX review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 0.2 pips, Raw
GBP/USD spread
Approx. 0.4 pips, Raw
Commission
$2.75 per side / $5.50 round turn, Raw
All-in cost, EUR/USD
Approx. 0.75 pips
Spread type
Variable
Overnight swap
Both: overnight swaps may be charged or credited
Inactivity fee
No standard inactivity fee prominently advertised
Deposit fee
Generally none internally
Withdrawal fee
Method-dependent
Currency conversion
Applicable where conversion is required

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.

TopFX lists a minimum deposit of $0. 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 TopFX fees

Does TopFX charge to deposit or withdraw?

Deposit fees at TopFX: Generally none internally. Withdrawal fees: Method-dependent.

Does TopFX charge an inactivity fee?

TopFX's inactivity fee is recorded as no standard inactivity fee prominently advertised.

What does TopFX charge to hold a position overnight?

Overnight financing at TopFX is recorded as both: overnight swaps may be charged or credited.

Fees at brokers under the same regulator

More about TopFX