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Home / Trade / Spreads & fees

What a trade
actually costs.

Spreads, swaps and the occasional commission — published per instrument, before you click, with nothing added at execution.

From 0.8 pips No hidden mark-up No deposit fee
The three costs

There are only three things to watch

Spread

The difference between bid and ask. Variable, tightest during the main sessions, wider around news and at the rollover.

Swap

Financing on positions held past 21:00 UTC, charged or credited depending on direction and the rate differential.

Commission

Spread-only on Standard and Gold. VIP accounts can run raw spread plus a per-lot commission instead.

Typical spreads

Indicative pricing by account tier

Spreads are variable. These are typical values during the main session on a normal trading day — not guarantees, and not a promise about news periods.

InstrumentStandardGoldVIP
EUR/USD1.6 pips0.8 pips0.2 pips + commission
GBP/USD1.9 pips1.1 pips0.4 pips + commission
USD/JPY1.7 pips0.9 pips0.3 pips + commission
Gold (XAU/USD)0.28 points0.15 points0.10 points
US 5000.7 points0.4 points0.3 points
US Tech 1001.6 points1.0 points0.7 points
Bitcoin0.35%0.20%0.15%
Apple0.16%0.10%0.08%
What is free

No charges for the ordinary things

Some brokers make their margin on administration rather than on trading. We do not charge for any of the following:

  • Opening or holding an account

    No account fee, no minimum monthly activity.

  • Deposits

    We add nothing on funding; your provider's own network fee still applies.

  • Withdrawals

    No mark-up from us. Bank intermediary and blockchain fees are borne by the client.

  • Platform access

    MT4 desktop, mobile and WebTrader are included on every tier.

InactivityA small monthly fee may apply after 12 months with no trading and a positive balance.
Currency conversionApplied at market rate when a trade settles in a currency other than your account currency.
RolloverSwap is applied at 21:00 UTC; Wednesday carries triple swap for value-date reasons.
FAQ

About costs

Why did my spread widen suddenly?

Almost always liquidity: a scheduled release, the daily rollover, a market open or a holiday session. Check the economic calendar before trading a news window.

Is swap charged at the weekend?

Value dates mean the weekend is accounted for on Wednesday, which is why Wednesday's swap is roughly three times the usual figure on most instruments.

How do I work out the total cost of a trade?

Spread × position size, plus any commission, plus swap × nights held. The trading calculator does all three for your exact instrument and size.

Do you requote?

No. Orders are filled at the best available price; in fast markets that can be better or worse than requested, and the difference is shown as slippage on the confirmation.

Ready when you are.

Open an account in minutes, or talk to us first — either way, nothing to pay to get started.