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Knowledge base: ECN
Commissions
Posted by on 17 February 2014 02:34 PM

ECN Account - FX Commission

ACCOUNT BALANCE COMMISSION FOR 1 LOT
Below $1,000 $3.50
$1,000 - $25,000 $2.50
$25,000 - $250,000 $1.80
Over $250,000 $1.50

Commissions for 1 Standard Lot (100,000) per side.

For FX Pairs with a base currency other than USD, the commission is in units of the base currency. The base currency is the first currency in any currency pair eg € for EURUSD, £ for GBPUSD.

Discounted Commission Rates for High Volume Traders

ACCOUNT BALANCE TRADED VOLUME*
  $5 Million $5-$25 Million $25-$250 Million >$250 Million
Below $1,000 $3.50 $2.50 $1.80 $1.50
$1,000 - $25,000 $2.50 $2.50 $1.80 $1.50
$25,000 - $250,000 $1.80 $1.80 $1.80 $1.50
Over $250,000 $1.50 $1.50 $1.50 $1.50

Commissions for 1 Standard Lot (100,000) per side.

*Traded Volume is the volume of executed trades over the last 30 days in USD equivalent.

The commission rate can change up or down from month to month depending on the Traded Volume in USD terms for the previous period and also the Account Equity at the recalculation time.

ECN Account - CFD Commission

CFD NAME SYMBOL COMMISSION FOR 1 LOT
(per side, dependent on account balance)
    <$1000 $1,000-$25,000 >$25,000
UK 100 #UK100 0.0075% 0.005% 0.005%
Germany 30 (Mini) #GDAXIm 0.0015% 0.001%  0.001%
France 40 #FHCI 0.0075% 0.005% 0.005%
Europe 50 #ESX50 0.0075% 0.005% 0.005%
Wall Street 30 (Mini) #WS30m 0.0075% 0.005% 0.005%
US SPX 500 (Mini) #SPXm 0.0015% 0.001%  0.001%
US Tech 100 (Mini) #NDXm 0.0075% 0.005% 0.005%
Japan 225 #J225 0.0015% 0.001% 0.001%
Australia 200 #AUS200 0.0075% 0.005% 0.005%
US Crude XTIUSD 0.005% 0.0025% 0.0018%
UK Brent XBRUSD 0.005% 0.0025% 0.0018%
US Natural Gas XNGUSD 0.005% 0.0025% 0.0018%

STP Accounts

In STP accounts the commission is included in the spread.

Cryptocurrency CFD

In Cryptocurrency CFD accounts the commission is 0.5% per side.

Swaps

You can look up the current FXOpen AU SWAP in a either a Live or Demo MT4 or MT5 account:

  1. Right-click on the instrument in the Market Watch window;
  2. Select Specification;
  3. You will see "swap long" and "swap short".

Islamic/SWAP-free Account

FXOpen offers SWAP-free Islamic accounts which are compliant with Sharia laws for Muslim traders. To request your account to be converted to an Islamic account, e-mail [email protected], with your request and account number.

On Islamic accounts, instead of a SWAP, traders are charged an additional commission for overnight positions. The additional commission is equal to the SWAP.

The additional commission is charged on rollover and is shown on the account.

Only ECN and STP accounts can be converted to Islamic Accounts. Crypto accounts cannot be set to Islamic Accounts.

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