FXOpen UK broker cuts commissions for ECN accounts

Friday- 02.12.16

FCA-regulated retail Forex broker FXOpen UK announced it has lowered the commissions by introducing a new fee structure for the ECN accounts. The new commissions are as low as 1.5 units of base currency per side per lot.

Every month all accounts will be checked and adjusted automatically to the new commission rate if necessary, the broker said.

This new fee structure means that even clients with deposits from $1,000 or equivalent can enjoy some of the lowest commissions in the market.

The new lower commission rates started on 8th February 2016. The broker's announcement on the new ECN commissions can be viewed here.

 

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