Cryptocurrency Q&A How much does XTB charge for currency exchange?

How much does XTB charge for currency exchange?

MysterylitRapture MysterylitRapture Tue Oct 22 2024 | 6 answers 1554
I'm considering using XTB for currency exchange, but I want to know how much they charge for this service. Does anyone have any information on XTB's currency exchange fees or can provide an estimate of the cost? How much does XTB charge for currency exchange?

6 answers

DaeguDivaDanceQueenElegantStride DaeguDivaDanceQueenElegantStride Thu Oct 24 2024
XTB imposes a Currency Conversion Fee on all trades involving instruments denominated in a currency that differs from the currency of the trader's account. This fee is a standard charge applied to ensure smooth transactions across different currencies.

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Chiara Chiara Thu Oct 24 2024
The Currency Conversion Fee levied by XTB is set at 0.5% of the transaction amount. This percentage is applied to all such trades, ensuring transparency and predictability for traders.

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Riccardo Riccardo Thu Oct 24 2024
Despite the Currency Conversion Fee, XTB remains a cost-effective broker when it comes to non-trading fees. The company offers competitive rates for services like account maintenance, withdrawals, and deposits.

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Tommaso Tommaso Wed Oct 23 2024
For traders looking to diversify their portfolios, XTB's Currency Conversion Fee is a minor consideration given the wide range of instruments available for trading in various currencies.

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CherryBlossomDancing CherryBlossomDancing Wed Oct 23 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services that cater to the needs of traders and investors alike. These services include spot trading, futures trading, and a secure wallet for storing digital assets.

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