Our TD Markets Fees and Spreads Revealed:
Fees and Spreads
The spread list that TD Markets offers starts from 0.1 pips on EUR/USD.
The spreads that traders can expect when they trade with TD Markets will depend on the following factors:
- The account that traders use
- The financial instrument that is being traded
- The market conditions on the day of trading
The typical spread list that TD Market offers according to the account types is as follows:
- TDM Gold Account – variable spreads from 1.8 pips EUR/USD
- TDM Pro Account – variable spreads from 0.1 pips EUR/USD
Commissions are only charged on the TDM Pro Account at $8 per lot traded. The commissions that traders can expect will depend on the financial instrument that is being traded and the overall position size.
Additional Trading Fees
Overnight fees, also known as swap fees or rollovers, are either credited or debited depending on the financial instrument being held and whether the trader is holding a long or short position. TD Markets charges overnight swap fees on both accounts that are offered.
There is no option for Muslim traders to convert their trading account when they trade with TD Markets. The overnight fees charged are transparent and traders can gain an accurate idea of what their trading costs will be when they trade with TD Markets.
TD Markets is not a spread betting broker which means that spread betting fees will not apply.
Deposit fees are not charged and TD Markets only charges withdrawal fees when traders withdraw less than $200 from their trading account. There are no other broker fees indicated for TD Markets, but traders are advised to verify the possibility of all fees before they register a live trading account because conditions can vary and change.
Pros and Cons
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How many instruments can I trade with TD Markets?
You can trade any of the following instruments:
Which platforms are supported by TD Markets?
TD Markets only supports the use of MetaTrader 4 across the following:
- Desktop PCs and laptops that run on Linux, macOS, and Windows
- Smartphones and tablets that use either iOS or Android
- Across all web browsers
Does TD Markets offer leverage?
Yes, TD Markets offers leverage up to 1:500 on forex majors.
What spreads can I expect with TD Markets?
You can expect spreads that start from 0.1 pips EUR/USD on the TDM Pro Account.
Does TD Markets charge commission?
Yes, TD Markets charges commissions from $8 per lot on the TDM Pro Account.
Are there additional charges on the Islamic account?
No, there are no additional charges on the Islamic Account because TD Markets does not offer the option of an Islamic Account.
Is TD Markets regulated and by whom?
Yes, TD Markets is regulated through its parent company TDM Holdings, Inc. with the FSA and TD Markets is also regulated by the FSCA in South Africa.
Is TD Markets a recommended forex trading broker for experts and beginners?
Yes, TD Markets is a broker that caters for both beginner and experienced traders.
What is the overall rating out of 10 for TD Markets?