Global Broker Regulation Inquiry App
WikiFX
marcustan 
1-2 years
What are the detailed fees of FINANSERO?
Broker Issues
Fees and Spreads
08-21
United States
WikiFX
Reply
FINANSERO charges a currency conversion fee of 0.7% on realized profits and losses during trades. This fee is automatically deducted and is reflected in real-time in the unrealized profit or loss of the position. The broker also applies rollover fees to overnight positions, including 0.015% for currency CFDs and 0.022% for commodities CFDs. There is an additional quarterly inactivity fee of €150 for accounts with no activity for at least three months. In my FINANSERO review, I find that the lack of transparency on their website about these fees could be an issue for some traders. While the spreads are not disclosed, it is crucial to consider these additional charges when trading.
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