new-recommended-broker-banner new-recommended-broker-banner Fees – What To Expect

Updated: 4 May 2021

Founded in 2008, prides itself on its transparency and openness around fees and commission. Offering CFDs across a vast range of assets (over 2,200), it also promises unparalleled control over the way you trade and support whenever you need it.

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FXTM: Broker of the Month

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FXTM (trading under ForexTime Limited) is a multi-award-winning, leading Forex and CFD broker. Regulated by several financial authorities, including the top-tier Financial Conduct Authority (FCA) in the UK, FXTM not only provides a safe and secure place to trade but an industry-leading experience for traders of all levels. You can get started with just £100 or practice for free in a demo account

In a summary, does not have any deposit, withdrawal nor commission fees. However. The broker does have spread costs, conversion fee, overnight funding and inactivity fees.

Type of Fees Charges
Deposit Fee No
Withdrawal Fee No
Commission No
Inactivity Fee Yes
Spread Cost Yes
Conversion Fee Yes
Overnight Yes


This guide will look at a detailed approach on fees, what to expect and how to avoid any unexpected charges.

If you’re ready, let’s get started; otherwise, head over to our expert review for a comprehensive look at this broker.

markets com commission

Trading Fees

To begin with, let's take a look at the all-important fees involved with trading, including:

  • Deposit fees
  • Transaction & commission fees
  • Spread costs
  • Currency conversion fees
  • Overnight funding

Deposit Fees does not charge any deposit fees (0). However, minimum deposit levels do apply. The minimum deposit is 250 in the following currencies:


Your payment provider may charge a transaction fee, so it's worth checking in advance. If you deposit over $2,500, will reimburse you for any transaction external transaction fees.

You can deposit funds into your account using a host of popular payment methods:

  • Credit card
  • Wire transfer
  • Neteller
  • Skrill
  • PayPal
  • Fast Bank Transfers
  • Sofort
  • iDeal

Transaction & Commission Fees does not charge a commission fee ($0), although it should be noted that this is commonplace among brokers these days. Rather than looking at commission fees, you should pay attention to the spread (more on that next) and any hidden costs.

Spread Cost

Like most brokers, makes its money off the spread. The ‘spread' is simply the difference between the Bid (selling price) and the Ask (buying price).’s spreads are variable, which means they will fluctuate within a range depending on market volatility. While this won't bother you too much if you're a long-term trader, it could prove problematic for short-term traders.

It's always a good idea to shop around and compare brokers. Some brokers will have ‘tighter' spreads than others, which will affect your bottom line and profit levels.

Currency Conversion Fee will charge a currency conversion fee of 0.3% of your account’s currency is different from the quoted currency of the underlying asset. For Share-Dealing, the conversion fee is 0.5%.

Overnight Funding

Also known as an Overnight Rollover or Swap, an Overnight Fee will be charged at 22:00 GMT on any positions you hold overnight. This fee (2.5%) is charged to maintain your Buy or Sell positions on CFDs.

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Detailed information on overnight fees is available in the ‘Key Statistics' section of each asset: overnight fees

Non-Trading Fees

Finally, let's take a quick look at some of the non-trading related fees to be aware of:

  • Withdrawal fees
  • Inactivity fees

Withdrawal Fees does not charge a withdrawal fee. However, it's worth noting that some banks may charge a transaction fee that is not covered by

The time it takes to receive your funds varies by payment method:

  • Credit/Debit Cards (2-7 business days)
  • Wire/Bank Transfers (2-5 business days)
  • e-Wallets (up to 24 hours)

This does not include processing time, which is an additional 24 hours for credit/debit cards and 1-2 business days for wire/bank transfers.

Inactivity Fee

An inactive fee of $10/month is charged if you don't log into your account for 90 days.

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If you are looking for a reliable broker with low fees and fair conditions then this is who we recommend. All have been reviewed by our team and have been found to offer a low cost way to trade.

The Bottom Line

Our review of the fees shows that the broker’s primary revenue stream is from the spread. The broker does not charge a transaction or commission fee regardless of whether you sign-up for CFD trading or an investment account.

Besides, there are no deposit fees required, except for the initial deposit amount of £250. On the other hand, incur charges on a currency conversion, overnight funding, and inactivity fees.


Yes, is a good broker and is safe as it is regulated by several financial authorities, like the Cypriot CySEC or the UK FCA.

One day doesn’t have separate account types. You either open a real account or try out their demo account. After you’ve opened an account, both marketsx and marketsi will be available.

At, you can choose from 9 base currencies. The available base currencies are:

  • USD
  • EUR
  • GBP
  • PLN
  • SEK
  • DKK
  • NOK
  • ZAR
  • AUD

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage . 75 % of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money .