WikiFX

Sagot

CDO Markets offers a commission-free trading structure for its STP accounts, which is great for me since I prefer transparency in pricing. The spreads start from 0.8 pips for the EUR/USD pair, which I find to be fairly competitive. However, for those who prefer even tighter spreads, the ECN accounts offer spreads from 0.1 pips, though they charge a commission of $2 per side, which is a common practice for brokers providing direct market access. As a trader, I would have to evaluate whether the tighter spreads with commissions would be more cost-effective for me compared to the wider spreads but commission-free STP accounts. Additionally, withdrawal fees for Visa and MasterCard are something I need to consider, especially if I plan to withdraw funds regularly. Overall, the fees at CDO Markets seem relatively competitive, but I’d still need to factor in commission charges and withdrawal fees when calculating my total trading costs.