Conditions
Binefex Broker fees and spreads
Low costs make a real difference for anyone who trades often. Here are Binefex Broker's trading conditions, explained in plain language.
Spreads by market
The spread is the difference between an asset's buy and sell price — it is the main cost of a trade. The values below are minimum spreads and may vary with liquidity and volatility at the time.
| Market | Examples | Spreads from |
|---|---|---|
| Forex | EUR/USD, GBP/USD, USD/JPY | 0.0 pips |
| Cryptocurrencies | BTC/USD, ETH/USD | 0.0 pips |
| Indices | S&P 500, Nasdaq 100 | 0.1 pips |
| Commodities | Gold (XAU/USD), Oil (WTI) | 0.1 pips |
| Stocks and ETFs | Apple (AAPL), SPDR S&P 500 (SPY) | 0.1 pips |
Deposits, withdrawals and account
| Item | Condition |
|---|---|
| Minimum deposit | $10 (or local equivalent) |
| Crypto deposits | No processing fee |
| Pix or crypto withdrawal time | Under 15 minutes |
| International bank transfer time | 1 to 24 business hours |
| Demo account | Free and unlimited, with $10,000 virtual balance |
See the step-by-step guide and available methods in Deposits and withdrawals.
Benefits that lower your costs
- Trading cashback: VIP clients get part of the spread paid on closed trades back, credited weekly.
- Loyalty program: points for every lot traded, redeemable for trading bonuses and rewards.
Before you trade
Leveraged positions may incur overnight holding costs (swap), depending on the asset. Check each instrument's full specification on the platform before placing an order, and read the Risk disclosure.
Frequently asked questions
What is the EUR/USD spread at Binefex?
The EUR/USD spread starts from 0.0 pips. The exact value varies with market liquidity at the time of the trade.
Does Binefex charge deposit fees?
Crypto deposits have no processing fee. The minimum deposit is $10 or the local equivalent.
Does the demo account cost anything?
No. The demo account is 100% free, unlimited and comes with $10,000 in reloadable virtual balance.