Commissions for trading on Trade.MT4 & Trade.MT5 accounts

Commission for trading any instrument on our Trade.MT4 and Trade.MT5 accounts is always 0.


Commissions for trading on Zero.MT4 & Zero.MT5 accounts

Forex and Metals

We offer raw spreads and tiered commission structure for FX and metals on our Zero accounts. If you transact more than 10 million USD in any month, any further transactions in these instruments will be subject to our significantly discounted commissions until the end of the month.

Monthly Transacted Volume, USD
Up to $10,000,000 $10,000,000 - $50,000,000 Over $50,000,000
Commission per 1 full lot per side, USD* $3.0 $2.4 $1.8

*Where your trading account base currency is different from USD, we will automatically convert the commission charge into your account base currency. For this conversion we will use live currency exchange rates as quoted on our platform at the moment of the trade.

Commissions for indices and commodities

Index and commodity CFDs on our Zero.MT4 & Zero.MT5 accounts are subject to commission charges as provided in the Contract Specification for each particular product.

Calculation Formula

The table above and the Contract Specification section of our website list the commission for a single side of the trade. Commission for a round turn trade (opening and closing) is doubled and is fully charged at the opening of the position. The formula below shows how exactly the commission is calculated and charged when you open a new position:

Commission = Trade size in Lots * Commission rate * 2

Where necessary, we will instantly convert the resulting commission charge into your account’s base currency.

Here are a few examples to demonstrate how it works:


Example 1

Initial values


  • Trading account type: Zero.MT5
  • Account`s deposit currency: USD
  • Commission rate: 3 USD/Lot
  • Instrument traded: USDCAD
  • Volume traded: 0.1 Lot

Calculations


  • Commission = Trade size in Lots * Commission rate * 2
  • Commission (in USD) = 0.1 Lot * 3 USD * 2 = 0.6 USD
  • For this trade the commission is $0.3 to open a trade (one side) and another $0.3 to close it later. A total of $0.6 will be charged at the moment when the position is open.

Example 2

Initial values


  • Trading account type: Zero.MT4
  • Account`s deposit currency: EUR
  • Commission rate: 3 USD/Lot
  • Instrument traded: GBPJPY
  • Volume traded: 1.2 Lot
  • EURUSD conversion rate: 1.18500

Calculations


  • Commission = Trade size in Lots * Commission rate * 2
  • Commission = 1.2 Lot * 3.0 USD * 2 = 7.2 USD
  • Since the commission value is in USD and the account base currency is EUR, the commission charge will be converted to EUR at the moment when the trade is established:
  • Commission (in account base currency) = 7.2 USD / 1.18500 = 6.08 EUR
  • Please note that the prevailing exchange rate to convert calculated USD commissions into your non-USD account base currency is subject to frequent updates and will have an effect on commissions you pay in your preferred currency. Therefore the commission charges in your non-USD account base currency may vary even for the same trades of the same size if they are transacted at a different time.

Example 3

Initial values


  • Trading account type: Zero.MT5
  • Account`s deposit currency: USD
  • Commission rate: 0.15 USD/Lot
  • Instrument traded:SP500 index CFD
  • Volume traded: 5 Lots

Calculations


  • Commission = Trade size in Lots * Commission rate * 2
  • Commission = 5 Lots * 0.15 USD * 2 = 1.5 USD
  • Please note that for our Zero.MT4 and Zero.MT5 accounts, the applicable commission charge for instruments other than Forex and Metals is provided for each instrument separately in the Contract Specifications