Deposit & Withdrawals
|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$
|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future with volume of 10 contracts with a Buy Direction: Rollover Fee = (100-110)*10 + (-1*10) = -$110 will be the withdrawn from the client’s account since the client is in Buy direction and the new contract has a higher price compared to the old contract.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.
|OPENING A NEW LIVE OR DEMO TRADING ACCOUNT||No Fees|
|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|
|ACCOUNTS WITH DIFFERENT BASE CURRENCIES||No Fees|