Forex Spreads & Commissions

FX Volume-based Discount Plan

• Competitive and transparent pricing from as low as 0.1 pip, plus commission
• Increasing commission discounts for larger cumulative trading volume*
• Start each month at the commission discount level earned on average monthly volumes
• Consistency in spread across notional trade sizes
• No minimum monthly commission fee
• Designed for pricing simplicity

*Commission will be calculated on the average of the most recent 3 months trading volume (if applicable). To find out more about how the FX Volume-based Discount Plan works, please go to the Forex FAQ page.

The FX Volume-based Discount Plan serves low-volume traders equally as well as it does high-volume traders, taking into account that trading volumes can fluctuate. We charge a standard commission rate of 50 USD per 1 million USD traded, with the benefit of increasing discounts for larger cumulative trading volume, i.e. the more volume traded, the cheaper trading costs (commission) become.

For example:

• If you trade over 25 million USD, you will receive a 20% (10 USD) discount on commission paid on volume traded up to 100 million USD.
• If you trade over 100 million USD, you will receive a 40% (20 USD) discount on commission paid on volume traded up to 250 million USD.
• If you trade over 250 million USD, you will receive a 50% (25 USD) discount on commission paid on volume traded up to 500 million USD.
• If you trade over 500 million USD, you will receive a 60% (30 USD) discount on commission paid on volume traded up to 1,000 million USD.
• If you trade over 1,000 million USD, you will receive a 66% (33 USD) discount on commission paid on volume traded in excess of 1,000 million USD.