Fees and trading conditions
Know the cost before you act.
A complete trade cost can include the spread, commission, financing and currency conversion. Verified rates and limits are not available yet.
Cost schedule
What the final schedule must disclose
Each value must be tied to the exact instrument or funding method, its unit and the time it applies.
| Category | When it may apply | Current rate |
|---|---|---|
| Spread | The difference between the executable buy and sell prices for an instrument. | Not published |
| Commission | A charge that may apply when an order is executed or a position is closed. | Not published |
| Overnight financing | A holding cost or credit that may apply when a position remains open across a financing boundary. | Not published |
| Currency conversion | A conversion cost that may apply when the account, instrument and settlement currencies differ. | Not published |
| Deposit and withdrawal | Provider, network or processing charges associated with moving funds. | Not published |
Margin requirements, minimum order size, leverage and liquidation rules are also unpublished. They are trading conditions rather than a fee, but they can materially affect the amount at risk.
Synthetic arithmetic example · Not a Trade-win rate
How costs combine
A worked example for reading a future quote
Assume an order value of $1,000.00, an illustrative spread cost of 0.10% and an illustrative commission of 0.05%.
- Spread cost
- $1,000 × 0.10%$1.00
- Commission
- $1,000 × 0.05%$0.50
- Illustrative total
- Before any financing, conversion or price movement$1.50
This example only demonstrates arithmetic. It is not an available product, quote, order estimate, profit projection or guarantee of execution.
Before trading
Questions the final terms must answer
Will the displayed market price include every cost?
That depends on the execution contract. The product must distinguish the observed market price, executable price, spread, separate commission and any later financing or conversion charge.
Are unpublished fees equal to zero?
No. “Not published” means that an approved value and calculation rule are unavailable. It does not mean that the service is free.
Where will funding charges appear?
Before a connected deposit or withdrawal, the account flow must show the selected asset or payment method, network, provider charge, limits and processing conditions together.