FxPro clients can expect commission charges only on FX pairs & Spot Metals on the FxPro cTrader platform. FxPro charges $45 per million USD traded. If a trading account is denominated in a currency other than USD, the figure is converted to the respective currency.
Conversion of trade size from base currency to USD
Calculate commission charges in USD ($45 per USD million traded)
Convert commission charges from USD to EUR (account currency)
Swap/rollover charges are incurred when a trade is kept open overnight, to reflect the cost of funding your trade(s). The swap is charged automatically at 21:59 (UK time) to the client account and is converted into the currency that the account is denominated in. The swap is calculated and charged once every weekday for 1 day rollover, with the exception of Friday, when it is calculated and charged 3 times to account for the weekend rollover (Friday – Monday).
There are no swap charges on swap-free accounts. The latter incur commission charges, more details about which can be found by contacting us.
Commissions are attached to the open position and are realised once the position is closed.
For Forex pairs, the cost or income is calculated as the interest rate differential between the Tomorrow Next Deposit Rates(TNDR) of the 2 currencies in question, plus the commission charged by the Company on which the position is held and depending on the type of the position(Long / Short). Clients may either gain or lose on swap, thereby having either positive or negative rollover, respectively.It is possible that some instruments may have negative rollover values on both sides as a result of commission being added on top of the overnight interest rate differential of the two currencies.
For Spot Indices and Spot Metals, the swap charges are based on the underlying Tomorrow Next Deposit Rate (TNDR) of the Quote currency of the relevant asset, plus the commission charged by the Company on Long positions or minus the commission charged by the Company on Short positions.
Swap values shown for Shares are in % (percentage) for a year (annually).
If you buy 100 (hundred) shares of Apple Inc (AAPL.O) at the price of $140 and hold them for one night at an annual rate of -2.8597 %, the charge will be -$1.11.
If you buy 100 (hundred) shares of Volkswagen (VOWG.DE) at the price of 190 Euros and hold them for one night at an annual rate of -3.5496%, the charge will be -1.87 Euros.
If you buy 1000 (thousand) shares of Lloyds Banking Group PLC (LLOY.L) at the price of 45.8 GBp (or 0.458 GBP) and hold them for one night at an annual rate of -2.7758%, the charge will be -0.03 GBP.
• The Lot Size for all Forex pairs is 100,000;
• The Pip Value for all Forex pairs is 10 Quote currency, with the exception of JPY, HUF & THB pairs for which it is 1000, and RUB & CZK pairs for which it is 100;
• We divide by 10 because the swap charges are quoted in cents, and;
• Friday night swap is charged 3 times to account for the weekend.
• All prices above are indicative and used for example purposes only.
• UK shares in mt5 prices are in pence (GBp) where UK shares in mt4 prices are in Pounds (GBP)
The cost calculator can be used to calculate the quarterly charges of every instrument we offer, customised to your trading. Before using the cost calculator below, please go through the following example to assist in correctly filling the required fields.