Global Broker Regulation Inquiry App
WikiFX
QM Trader 
1-2 years
What types of fees does QCG charge on its accounts?
Broker Issues
Fees and Spreads
08-01
United States
WikiFX
Reply
QCG charges different fees depending on the account type. For the Standard and Swap-Free accounts, the spread starts from 1.6 pips, which is typical for most brokers. On the ECN account, the spread is much tighter, starting from 0 pips, but commissions are likely added on trades. This is ideal for traders who prioritize tighter spreads, but the commission could increase trading costs, especially if trading high volumes. From my experience, I appreciate having multiple options, but I’d like more transparency regarding commissions for the ECN account to make a fully informed decision.
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