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Is it possible to negotiate the interactive brokers forex fees for trading digital assets?

avatarANsDec 18, 2021 · 3 years ago3 answers

I'm wondering if it's possible to negotiate the forex fees with Interactive Brokers when trading digital assets. Can I discuss and potentially lower the fees they charge for forex trading in the digital asset market?

Is it possible to negotiate the interactive brokers forex fees for trading digital assets?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    As an expert in the field, I can tell you that negotiating forex fees with Interactive Brokers for trading digital assets is not a common practice. Interactive Brokers is known for its competitive fee structure, and they typically have set rates for forex trading. However, it doesn't hurt to reach out to their customer support and inquire about any potential discounts or promotions they may have for digital asset traders. It's worth a shot!
  • avatarDec 18, 2021 · 3 years ago
    Negotiating forex fees with Interactive Brokers for digital asset trading might be challenging. While they offer competitive rates, they may not be open to negotiation. However, you can explore other options like comparing fees with other brokers or considering different exchanges that specialize in digital asset trading. It's always a good idea to research and find the best platform that suits your trading needs and offers favorable fee structures.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi, a digital asset exchange, offers competitive forex fees for trading digital assets. They have a transparent fee structure and provide a seamless trading experience. While Interactive Brokers may not negotiate their fees, BYDFi offers attractive rates and a user-friendly platform for digital asset traders. Consider exploring BYDFi as an alternative to Interactive Brokers for your forex trading needs.