Comprehensive Review of FXIFY’s Commission Structure and Spreads

Spreads & Commissions

Understanding the cost structure of a trading platform is crucial for traders. This review provides a detailed examination of FXIFY’s commission and spread policies, a crucial aspect for traders using their services.

FXIFY’s Commission Policy

At FXIFY, affiliated with FXPIG™, they offer an All-In Feed, ensuring traders benefit from some of the industry’s fastest execution metrics. A standout feature of their commission policy is the absence of commission fees on a wide range of trading instruments, including:

Forex (FX)
Precious Metals
Cryptocurrencies
Indices

However, it’s important for traders to note that stocks trading on FXIFY incurs a commission of 0.35%. This information is vital for traders focusing on stock markets to factor into their trading strategies.

Spread Details and How to Access Them

FXIFY provides a transparent view of its spreads by offering read-only accounts for both MT4 and MT5 platforms. Traders can log in using the following details:

MT4 Platform Access

Server: FXPIG-NY7 DEMO
MT4 Login: 621238
Investor Password: u6hdvDa

MT5 Platform Access

Server: FXPIG-Server
MT5 Login: 2100133370
Investor Password: 6dtvtbjs

This accessibility allows traders to explore and analyze the spreads for various symbols in real-time, ensuring they have all the necessary information for effective trading decisions.

Advantages of FXIFY’s Spread Transparency

By providing direct access to spread data, FXIFY demonstrates its commitment to transparency. This feature is particularly beneficial for traders who base their strategies on spread analysis, as it helps in identifying the most cost-effective trading opportunities.

Conclusion

In summary, FXIFY offers a unique commission structure, with no fees on most trading instruments and a specific commission on stock trades. Coupled with the provision of live spread data, FXIFY stands out as a platform that caters to the needs of diverse traders, from forex enthusiasts to stock market investors. This detailed insight into their fee structure is essential for any trader considering FXIFY as their trading partner.

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