FxPro Commissions & Swap Charges

Commission Charges

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.

Commission fees are calculated as follows:
Commission per side
Trade size in base currency
USD conversion rate X $45 per USD million traded
Account currency exchange rate
Step 1

Conversion of trade size from base currency to USD

100,000 GBP X 1.3110 (GBPUSD rate) = 131,100 USD
Step 2

Calculate commission charges in USD ($45 per USD million traded)

131,100 USD X 0.000045 = 5.90 USD
Step 3

Convert commission charges from USD to EUR (account currency)

5.90 USD / 1.1685 (EURUSD rate) = 5.05 EUR
Commission charges incurred upon opening and closing the position = 5.05 EUR.
Swap Charges

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.

Swap Charges on Forex

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.

Swap Charges on Shares, Spot Indices and Spot Metals

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 formula used to calculate your swap charge for Forex pairs is:
Swap = (Pip Value * Swap Rate * Number of Nights) / 10

• 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.

The formula used to calculate your swap charge for other CFD instruments is:
Swap = Lot Size * Swap Rate * Number of Nights
Swap = No.Of Shares * Share Last Price * Annually Percentage rate charge * No.Of Nights

• 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)

Cost calculation tool

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.

You have deposited 10,000 Euro and selected your account currency to be Euro, You usually open 1 lot of EURUSD, you keep your position open on average for 1 day and trade on average 5 times per quarter.
Note: In case your currency account is different than the currency in which you deposited funds please enter the investment amount converted in you account currency.
You will fill in the fields as follows:
  • Enter Your Investment Amount: 10,000
  • Account Currency: EUR
  • Select CFD instrument: EURUSD
  • Trade size (In units): 100,000
  • How many times will you be trading per quarter: 5
  • How many days your position will remain open: 1
  • Select type of order: To calculate the cost of going Long chose “Buy/Long”, to calculate the cost of going Short choose “Sell/Short”
  • To get the final result click on “Calculate”
Cost calculation tool
Still have a question about how commissions and swap fees are calculated?
Contact our 5 star customer support