1. What are the trading commissions?
Our trading commissions are set at $7 per lot. At BlueBerry Funded, we offer raw spreads starting as low as 0.1 pips. A commission of USD $7 per standard lot is charged on FX pairs (Currency pairs) and XAU/xxx pairs (Gold).
This structure ensures competitive pricing, helping you maximize your trading potential.
2. How are trading commissions calculated?
Trading commissions are calculated based on the number of lots traded. For each standard lot (100,000 units of the base currency), a commission of $7 is charged.
3. When are trading commissions charged?
Trading commissions are charged at the time of trade execution. This means the commission is applied when you open a position and again when you close it.
4. Are there any additional fees besides the trading commissions?
Besides the trading commissions, you may incur other fees such as:
Spreads: The difference between the bid and ask price.
Swap Fees: Overnight financing charges for positions held open overnight.
These fees are standard in the industry and depend on the specific instrument traded and market conditions.