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What are the fees and commissions associated with forex trading on TD Ameritrade for cryptocurrency enthusiasts?

avatarMUSTAFA MAHDAMIDec 27, 2021 · 3 years ago1 answers

As a cryptocurrency enthusiast, I am interested in knowing the fees and commissions associated with forex trading on TD Ameritrade. Can you provide me with detailed information on the costs involved?

What are the fees and commissions associated with forex trading on TD Ameritrade for cryptocurrency enthusiasts?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    As a cryptocurrency enthusiast interested in forex trading on TD Ameritrade, it is important to understand the fees and commissions involved. TD Ameritrade charges a commission on forex trades, which is based on the notional value of the trade. The commission rates can vary depending on the currency pairs traded and the size of the trade. It is also worth noting that there may be other fees associated with forex trading, such as overnight financing charges and rollover fees. To get a complete picture of the costs, it is advisable to review the fee schedule provided by TD Ameritrade and consider the potential impact on your trading strategy.