What are my fees for trading with EuropeFX?
Deposit & Withdrawals
|Withdrawals Fee||25 USD/GBP/EUR|
*Gilt nur für deutsche Kunden
Fees related to trading
Formula for Commission in Percentage =
|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$||
All futures contracts have dates of when they mature. In order to allow our clients to trade without interruption, EuropeFX contacts the client and a permission to swap a matured contract price with a new one before the old contract expires and adjusts the difference in price between the 2 underlying contracts.
Rollover Fee Formula
|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
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future with volume of 10 contracts with a Buy Direction: Rollover Fee = (100-110)*10 + (-1*10) = -$110 will be the withdrawn from the client's account since the client is in Buy direction and the new contract has a higher price compared to the old contract.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.
|Opening a new live or demo trading account||No Fees|
If the client did not trade or conducted any trade during three calendar months, then the account status will be “inactive” which is denoted as the ‘absence of any trading activity during three calendar months’
if the chargeback case is in favour of the Company or if the Company receives several chargebacks from the same Client, the Company has the right to impose a fee per chargeback.
|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|
|Accounts with different base currencies||No Fees|