FCA-regulated retail Forex broker FXOpen UK has announced commission reduction and a new fee structure for ECN accounts.
The commissions are now as low as 1.5 units of base currency per side per lot.
The change to trading conditions came into force on February 8, 2016, the broker said. All accounts of existing FXOpen UK clients have already been checked and automatically adjusted to the new commission rate if necessary.
The company says that it will check all accounts every month and will conduct adjustments regarding the new commissions rates.
The announcement from the broker on the new ECN commissions can be viewed by clicking here.