Yes, Eurotrader applies a currency conversion fee when a trade involves a currency different from your account’s base currency. This fee helps cover the costs associated with converting funds between currencies and ensures seamless transaction processing.

How does the currency conversion fee work?

• The currency conversion fee is typically a small percentage added to the exchange rate when funds are converted.
• This fee generally ranges from 0.5% to 1% of the converted amount, though exact rates may vary.
• For the most accurate and up-to-date details, traders can consult Eurotrader’s terms and conditions or contact customer support.

How to avoid currency conversion fees?

To minimize conversion costs, consider setting your account-based currency to the one in which you trade most frequently. This strategy helps:

🔹Reduce unnecessary fees on deposits, withdrawals, and trades.
🔹Optimize trading costs when dealing with multiple currency pairs.
🔹Enhance capital efficiency by reducing transactional losses.

Trade smart and manage your costs efficiently

At Eurotrader, we aim to keep trading costs transparent and competitive, ensuring traders can focus on strategy and execution rather than hidden fees.

Need more details? Our support team is always here to help.

Open an account with Eurotrader today!