Deposit & Withdrawals
DEPOSIT: | No Fees |
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WITHDRAWALS FEE | 25 USD/GBP/EUR |
Fees related to trading
COMMISSION: | Please find the commission rates in Contract Specification Example: Suppose Amazon share opening price is 1850.50 and you want to trade 0.1 lot with commission 7% Commission paid = 1850.50 * 7% * 0.1 = 12.95$ |
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ROLLOVER FEE | Rollover fee depends on five variables: 1) Price of the old contract 2) Price of the new contract 3) Volume traded 4) Direction of trade (buy or sell) 5) Spread of new contract Example: Contract_old = 100 Contract_new = 110 Spread of Contract_new = 1 Client A is trading the Contract_old future with volume of 10 contracts with a Buy Direction: Rollover Fee = (100-110)*10 + (-1*10) = -$110 will be the withdrawn from the client’s account since the client is in Buy direction and the new contract has a higher price compared to the old contract. If the same client was on Sell Direction: Rollover Fee = (110-100)*10 + (-1*10) = +$90 will be deposited to the client’s account. |
Additional Fees
OPENING A NEW LIVE OR DEMO TRADING ACCOUNT | No Fees |
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INACTIVITY FEE | 25 USD/GBP/EUR |
CHARGEBACK FEE | 200 USD/GBP/EUR |
CONVERSION FEES (FOR BASE CURRENCY ACCOUNT DIFFERENT THAN THE DEPOSITED ACCOUNT) | No Fees |
Internal Transfer (Between a clients’ separate trading accounts)
ACCOUNTS WITH THE SAME BASE CURRENCY | No Fees |
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ACCOUNTS WITH DIFFERENT BASE CURRENCIES | No Fees |