{"version":"1.0","provider_name":"For overseas forex cashback services, try Money Charger","provider_url":"https://money-charger.com/en/","author_name":"admin","author_url":"https://money-charger.com/en/author/admin/","title":"A complete guide to all the fees required for overseas forex trading! We explain how to reduce various fees - Money Charger (Overseas Forex Cashback Service)","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"XazqG1RLAg\"><a href=\"https://money-charger.com/en/information/overseas-fx-transaction-fee/\">A complete guide to all the fees required for overseas forex trading! We&apos;ll explain how to reduce various fees</a></blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https://money-charger.com/en/information/overseas-fx-transaction-fee/embed/#?secret=XazqG1RLAg\" width=\"600\" height=\"338\" title=\"&amp;quot;A complete guide to all the fees required for overseas forex trading! We&amp;#39;ll explain how to reduce various fees.&amp;quot; &#x2014; Money Charger, your overseas forex cashback service\" data-secret=\"XazqG1RLAg\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"></iframe><script type=\"text/javascript\">\n/* <![CDATA[ */\n/*! 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In forex trading, minimizing trading fees from trade to withdrawal is key to increasing profits. This article will introduce, etc. By reading this article, even beginners with no experience in overseas forex trading will be able to fully understand overseas forex trading fees. Also, we recommend that overseas forex beginners read this complete guide for overseas forex trading beginners. Recommended overseas forex brokers with narrow spreads are explained in this article ↓ There are mainly 6 types of overseas forex trading fees Here, we will explain the trading fees incurred in overseas forex trading. The trading fees required in overseas forex trading are the above 6 types. First, let's look at the \"spread,\" which is especially important among trading fees. ① Spread (actual cost) The first thing you should check when it comes to overseas forex trading fees is the \"spread.\" The spread refers to the difference between the buying price and the selling price. In overseas forex trading, this spread is incurred as a trading fee every time you make a trade. When using overseas forex trading, the trick is to choose a broker with a narrow spread The size of the spread varies depending on the forex broker and currency pair. Therefore, when using overseas forex brokers, choosing a broker with the narrowest possible spread is key to efficient trading. Spreads change every second, widening and narrowing. For example, spreads tend to widen in the early morning hours in Japan. One reason for spread fluctuations is trading volume and liquidity. Currencies with low trading volume and low liquidity tend to have unstable prices, which is why spreads are more likely to widen. While there are times and seasons when spreads tend to widen, you should still choose a broker with the narrowest spreads. Spread Comparison List of Top 5 Brokers Here, we have compared the spreads of general accounts from five major overseas forex brokers. Spread USD/JPY AXIORY 1.41 pips Tradeview 2.15 pips XM Trading 1.6 pips GEMFOREX 1.7 pips BigBoss 1.6 pips *Please consider these as reference values ​​as spreads fluctuate. As you can see from this table, spreads differ depending on the broker. Also, even with the same broker, spreads may differ depending on the account type, so be sure to check before opening an account. ② Deposit and Withdrawal Fees The second fee required for overseas FX is \"deposit and withdrawal fees.\" Overseas FX offers a wide variety of deposit and withdrawal methods, so the fees can vary greatly depending on the method. Also, overseas FX has a rule that \"the deposit method and withdrawal method must be the same,\" so choose your deposit method carefully. ③ Account Maintenance Fees Account maintenance fees are incurred when an account is not used for a long period of time. For example, with \"GEMFOREX,\" if an account is left inactive for more than 90 days, a monthly account maintenance fee of 1,500 yen will be charged. In the case of \"XM Trading,\" if there are no deposits, withdrawals, or transactions for 90 days, $5 will be deducted from the account balance each month, and if the account balance becomes 0 yen after 90 days, the account will be frozen. As you can see, the rules for account maintenance fees differ depending on the FX broker, so be sure to check before opening an account. ④ Trading Fees Overseas FX generally employs the NDD method, which is a method of trading directly with the market without going through an FX broker. In the NDD (No Dealing Desk) system, traders pay two things when trading: a spread and a transaction fee. [...]"}