Dear Clients,
We are writing to inform you about cost and charges updates, effective January 27th. These changes are outlined below to ensure you are fully informed about the updated rates for your trading activities.
1. Commissions (as % of traded notional volume)
|
Asset Type / Account type |
MT5 Sharp ECN |
MT4 NDD |
MT4 Standard |
|
CFD on Currencies |
0.007% half-turn |
0.014% round-turn |
0.014% round-turn |
|
CFD on Precious and Base Metals |
0.007% half-turn |
0.014% round-turn |
0.014% round-turn |
|
CFD on Indices |
0.007% half-turn |
0.014% round-turn |
0.014% round-turn |
|
CFD on Energy and Soft Commodities |
0.007% half-turn |
0.014% round-turn |
0.014% round-turn |
|
CFD on US and EU Stocks |
0.25% half-turn |
0.50% round-turn |
0.50% round-turn |
|
CFD on ETFs |
0.25% half-turn |
0.50% round-turn |
0.50% round-turn |
|
CFD on Crypto |
0.25% half-turn |
0.50% round-turn |
0.50% round-turn |
The round-turn commission is charged on the full trade (the full transaction of buying and selling). The half-turn commission is charged for each side of a trade: buy and sell or vice versa.
2. Rollovers / Swaps (Overnight Fees)
|
Asset Type / Account type |
MT5 Sharp ECN |
MT4 NDD |
MT4 Standard |
|
CFD on Currencies |
Floating market rate in points |
Floating market rate in points |
Floating market rate in points |
|
CFD on Precious and Base Metals |
Floating market rate in points |
Floating market rate in points |
Floating market rate in points |
|
CFD on Indices |
Floating rate in percentage |
Floating rate in percentage |
Floating rate in percentage |
|
CFD on Energy and Soft Commodities |
Floating market rate in points |
Floating market rate in points |
Floating market rate in points |
|
CFD on US and EU Stocks |
Fixed rate, 0.04166% daily |
Fixed rate, 0.04166% daily |
Fixed rate, 0.04166% daily |
|
CFD on ETFs |
Fixed rate, 0.04166% daily |
Fixed rate, 0.04166% daily |
Fixed rate, 0.04166% daily |
|
CFD on Crypto |
Fixed rate, 0.05555% daily |
Fixed rate, 0.05555% daily |
Fixed rate, 0.05555% daily |
Rollover, also known as swap or overnight financing, is the process of extending the settlement date of an open position by rolling it over to the next trading day. Rollover/swap fees are applied on a daily basis to all open positions, kept overnight. The fee can be positive or negative, depending on the direction of the trade and the instrument.
Keep note, that when keeping a position overnight with CFD on Currencies, Precious Metals, and Base Metals the Company applies a triple daily overnight rate on Wednesday in order to compensate for the upcoming weekend taking into consideration the difference in settlement date for those types of instruments (T+2 from the Trade date). A triple daily overnight rate for CFDs on Stocks, ETFs, Indices, Cryptocurrencies, and Soft Commodities is applied on Friday (settlement T+0).
For CFDs on Currencies, Precious Metals, Base Metals, Indices, Energy, and Soft Commodities, the rollover/swap rate applied is based on points and changes regularly according to rate changes in global markets. Several factors can influence the floating rollover/swap rates, including interest rate differential between the two currencies being traded, market volatility, and liquidity conditions.
Overnight/swap rates for CFD on Stocks, ETFs, and Crypto are fixed at the respective daily rate mentioned above in the table and applied on a daily basis to all open positions, kept overnight.
We remain committed to maintaining transparent and competitive pricing for all your trading needs. Should you have any questions about these updates or need assistance, please feel free to contact us.
Best regards,
Earn
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