How does FTMO calculate the commission per lot for digital currency trading?

7 answers

• Godwin McKenzieMay 10, 2023 · 2 years ago
  FTMO calculates the commission per lot for digital currency trading based on a percentage of the total trade volume. The exact percentage may vary depending on the specific digital currency being traded. This commission is deducted from the total profit or loss of the trade. It's important to note that FTMO's commission structure is transparent and clearly outlined in their terms and conditions. This ensures that traders are aware of the commission fees they will incur before entering into any trades.
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• McCarty SantosJul 12, 2020 · 5 years ago
  When it comes to calculating the commission per lot for digital currency trading, FTMO follows a straightforward approach. They determine the commission amount by multiplying the trade volume (in lots) by a fixed commission rate. This rate is typically expressed as a percentage and may vary depending on the specific digital currency being traded. By using this method, FTMO ensures that the commission is directly proportional to the size of the trade, providing a fair and transparent fee structure for traders.
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• Mahbi ZangoieFeb 27, 2024 · a year ago
  FTMO, a reputable digital currency trading platform, calculates the commission per lot for digital currency trading using a simple and transparent formula. They multiply the trade volume (in lots) by a fixed commission rate, which is clearly stated in their terms and conditions. This commission is deducted from the total profit or loss of the trade. It's worth mentioning that FTMO's commission rates are competitive compared to other industry players, making it an attractive choice for traders.
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• skylar LeakeyJun 14, 2021 · 4 years ago
  As an expert in the digital currency trading industry, I can tell you that FTMO calculates the commission per lot for digital currency trading using a fair and transparent method. They take into account the trade volume (in lots) and apply a fixed commission rate, which is clearly disclosed in their terms and conditions. This commission is deducted from the overall profit or loss of the trade. FTMO's commitment to transparency ensures that traders have a clear understanding of the commission fees they will incur.
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• Ibrahim RebwarDec 05, 2024 · 8 months ago
  Speaking from my experience as a trader, FTMO calculates the commission per lot for digital currency trading by multiplying the trade volume (in lots) by a fixed commission rate. This rate is clearly stated in their terms and conditions, allowing traders to know exactly how much commission they will be charged. FTMO's commission structure is fair and competitive, making it a popular choice among traders in the digital currency market.
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• gshockxccAug 21, 2022 · 3 years ago
  FTMO, a leading digital currency trading platform, calculates the commission per lot for digital currency trading using a simple and transparent approach. They multiply the trade volume (in lots) by a fixed commission rate, which is clearly outlined in their terms and conditions. This commission is deducted from the total profit or loss of the trade. It's worth noting that FTMO's commission rates are competitive, making it an attractive option for traders.
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• Nguyễn TriếtMay 13, 2022 · 3 years ago
  When it comes to calculating the commission per lot for digital currency trading, FTMO follows a clear and transparent process. They determine the commission amount by multiplying the trade volume (in lots) by a fixed commission rate, which is disclosed in their terms and conditions. This commission is subtracted from the overall profit or loss of the trade. FTMO's commitment to transparency ensures that traders have a complete understanding of the commission fees associated with their digital currency trades.
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