Trading Fees & Charges
A clear guide to the costs shown in the trading platform, with worked examples.
These examples demonstrate how trading calculations, margin requirements, and account metrics are determined based on prevailing market conditions and applicable trading requirements. Figures are illustrative and may vary depending on the instrument, market volatility, and pricing conditions.
Spreads
Every price has a buy (ask) and a sell (bid) price. The difference is the spread. Spreads come from the market data feed and vary with market conditions: they can widen around news, at the open or close, and when liquidity is thin. We do not guarantee a fixed spread and prices may be unavailable while a market is closed or its feed is interrupted.
On top of the market spread we add a small platform markup: equal to the order size in lots, in pips, never less than 0.2 and never more than 0.8 pips (for example 0.1 lot = 0.2 pips, 0.5 lot = 0.5 pips, 1 lot or more = 0.8 pips). Half is applied when you open and half when you close.
Your entry spread cost is fixed when your trade is executed. It is calculated once, saved with the position and shown in Positions as entry spread (fixed). If market spreads widen afterwards, the amount you already paid does not change and is not charged again. Your floating P&L keeps moving with the market and already contains the entry spread; it also reflects the price at which the position could be closed right now.
Pip size: 0.0001 for most forex pairs, 0.01 for JPY pairs, and per instrument elsewhere. The order ticket shows the spread and its cost in your account currency before you confirm.
Trading commissions
Commission, where an instrument has one, is shown on the instrument and in the order ticket before you confirm, and is charged when the position opens. It is recorded separately in your history and ledger. Instruments with no commission rely on the spread.
Overnight swap / financing
Positions held through the daily rollover (17:00 New York time) are charged or credited a swap, in your account currency. Long (buy) and short (sell) positions have separate rates per instrument, shown in the instrument details. Negative means you pay, positive means you receive.
Swap per rollover = swap rate (per lot, per night) × lots × nights charged
Triple swap: forex, indices and commodities are charged for three nights on the Wednesday rollover (it covers the weekend); there is no charge on Saturday or Sunday rollovers. Shares are tripled on Friday. Crypto trades every day and is charged one night every day.
Swap rates are set by the platform and can change. The rates in the demo are illustrative placeholders until validated; they are not market financing rates, and we make no claim about how they compare with any other provider.
Other charges
Demo accounts have no deposit, withdrawal, inactivity or account-keeping fees, because no real money is involved.
Worked examples (illustrative)
| Trade | Market spread* | Markup | Total | Pip value | Entry (fixed) | Round trip |
|---|---|---|---|---|---|---|
| 1 lot EURUSD | 0.2 pip | 0.8 pip | 1.0 pips | $10.00 | $5.00 | $10.00 |
| 0.1 lot EURUSD | 0.2 pip | 0.2 pip | 0.4 pips | $1.00 | $0.20 | $0.40 |
| 1 lot USDJPY | 0.3 pip | 0.8 pip | 1.1 pips | $6.67 | $3.67 | $7.33 |
* Illustrative market spread. USDJPY: 1 pip = 0.01 JPY, so 1 lot = 1,000 JPY per pip, converted to USD at an illustrative 150.00. Real spreads are live and vary.
Total cost of a trade = spread (entry + exit) + commission + swap. Example: 1 lot EURUSD held from Tuesday to Friday morning with an illustrative swap of −$6.00 per lot per night: rollovers Tuesday (1 night), Wednesday (3 nights) and Thursday (1 night) = 5 nights × −$6.00 = $-30.00. With a round-trip spread of $10.00, total costs are about $40.00 before any price movement.
Entry spread vs floating P&L: if you buy 1 lot EURUSD and the price does not move, your floating P&L starts slightly negative by the spread you paid. When the market moves, floating P&L moves with it. The entry spread amount shown in Positions stays the same.