Does the transaction involve a hand-drawn fee?

Does the transaction involve a hand-drawn fee?

Each transaction will charge a Contract for Difference (CFD)
A CFD is a contract between a buyer (i.e. a trader) and a seller (i.e. a broker) to pay the “difference” between the value of an asset at the start of a trade and the value of the asset at the end of the trade.

CFDs do not involve the delivery of physical commodities or securities.
In contrast, CFDs give traders the opportunity to profit from price movements without owning the underlying asset.
The value of a CFD does not take into account the actual value of the asset, only the change in price between the entry and exit of the trade.
For more detail ,please chat with your broker because our wesite only provide social copy trading service and data analysis .
    • Related Articles

    • Does copy trading involve any execution delay issues?

      We process nearly 100% of FX transactions within milliseconds. Meanwhile, you can expect the same execution speed with our trade copier platform. The combination of fast execution and tight spreads makes the platform the best solution for copy ...
    • How can I remove transaction account management on MYTGS?

      To cancel the account linkage, kindly follow these steps: 1. Click on the "Manage Account" option located in the top right corner. 2. Select the "Mobile" section within the account settings. 3. Choose the option to delete or unlink MYTGS. For more ...
    • What is a trading simulator warehouse?

      What is a trading simulation position? This is a practice trading account that does not involve real funds, but can fully simulate the real trading environment. At present, almost all formal platforms provide simulated trading services. By opening a ...
    • How much do I need to invest in a real trading account to access MYTGS Telegram channel signals?

      Minimum $100 USD trading account! The minimum transaction volume for subscribing to a channel is 0.01 lots! For currency pairs, precious metals and other commodities. Please note: different products have different conceptual values. We recommend that ...
    • Does the precious metals contract incur overnight holding fees?

      Yes,if trading occurs overnight (beyond 00:00 MT5 server time), overnight interest will be charged on open positions. Rates may also vary based on the size and direction of the transaction as well as the base interest rate. Triple overnight interest ...