The Advantage account is our most popular account for good reason – it applies the lowest costs for your trades! How low? Typically zero spreads on FX Majors, as low as zero spreads on Gold/Dollar, and an exceptionally competitive commission-based structure.
On Advantage MT5 accounts, commission is fixed at $4 per lot and doesn't change based on volume and equity, nor the market you’re trading.
On our Advantage MT4 account, however, the commission terms are flexible. The higher your equity and the larger your trading volume, the lower the commissions you pay, which is also known as floating commission. This is one of the most competitive commission terms in the trading business.
Equity (USD) | Trading Volume (million USD) | |||
---|---|---|---|---|
Less Than 100 | 100 - 150 | 150 - 250 | Over 250 | |
0 - 2,999 | 20 | 19 | 18 | 15 |
3,000 - 4,999 | 19 | 18 | 17 | 14 |
5,000 - 19,999 | 18 | 17 | 16 | 13 |
20,000 - 49,999 | 17 | 15 | 13 | 11 |
50,000 - 199,999 | 16 | 13 | 11 | 9 |
200,000 - 499,999 | 14 | 12 | 10 | 8 |
500,000 - 999,999 | 13 | 10 | 8 | 6 |
1,000,000 - 4,999,999 | 12 | 9 | 6 | 4 |
Over 5,000,000 | Determined on an individual basis |
Trading Volume (million USD) Less Than 100 | 100 - 150 | 150 - 250 | Over 250 | ||
Equity (USD) | 0 - 2,999 | 20 | 19 | 18 | 15 |
Equity (USD) | 3,000 - 4,999 | 19 | 18 | 17 | 14 |
Equity (USD) | 5,000 - 19,999 | 18 | 17 | 16 | 13 |
Equity (USD) | 20,000 - 49,999 | 17 | 15 | 13 | 11 |
Equity (USD) | 50,000 - 199,999 | 16 | 13 | 11 | 9 |
Equity (USD) | 200,000 - 499,999 | 14 | 12 | 10 | 8 |
Equity (USD) | 500,000 - 999,999 | 13 | 10 | 8 | 6 |
Equity (USD) | 1,000,000 - 4,999,999 | 12 | 9 | 6 | 4 |
Equity (USD) | Over 5,000,000 | Determined on an individual basis |
The formula to calculate commission on the Advantage MT4 account is:
(Volume * Contract Size * Open Price) / 1,000,000 * Commission * 2.
Assume you have a USD account, your equity is between 0$ - 2,999$ and your trading volume is below 100 million. Commission for 1 lot per instrument would look like this:
Instrument in question | Open Price | Calculation | Commission per 1 lot |
---|---|---|---|
EURUSD | 1.21892 | (1 * 100,000 *1.21892) / 1,000,000 * 20 * 2 | 4.88 USD |
AUDCAD | 0.97969 | (1 * 100,000 * 0.97969) / 1,000,000 * 20 * 2 | 3.92 CAD After exchange rate is applied: 3.01 USD |
Instrument in question | Open Price | Calculation | Commission per 1 lot | ||
EURUSD | - | EURUSD | 1.21892 | (1 * 100,000 *1.21892) / 1,000,000 * 20 * 2 | 4.88 USD |
AUDCAD | - | AUDCAD | 0.97969 | (1 * 100,000 * 0.97969) / 1,000,000 * 20 * 2 | 3.92 CAD After exchange rate is applied: 3.01 USD |
You can apply the same formula to calculate commission with other instruments, relative to their sizes (which you can review here).
Stocks listed in the NYSE and NASDAQ from the US are available to trade for zero commission.
Stocks on the HKEX exchange in Hong Kong come with a fee structure based on % per notional per unit. As with all of our other commissions, these terms are some of the best in the business.
Instrument | Fee Comment | % Per Notional Per Unit | Order Type | Charge Type | Entry Charge |
---|---|---|---|---|---|
Hong Kong Stocks | Commission | 0.0005 = 0.05% | Market | Per Trade | In |
Hong Kong Stocks | Commission | 0.0005 = 0.05% | Market | Per Trade | Out |
Hong Kong Stocks | Stamp Duty | 0.0013 = 0.13% | Market | Per Trade | In |
Hong Kong Stocks | Stamp Duty | 0.0013 = 0.13% | Market | Per Trade | Out |
Hong Kong Stocks | HKSFC Trade Levy | 0.000027 = 0.0027% | Market | Per Trade | In |
Hong Kong Stocks | HKSFC Trade Levy | 0.000027 = 0.0027% | Market | Per Trade | Out |
Hong Kong Stocks | HKEX Trading Fees | 0.00005 = 0.005% | Market | Per Trade | In |
Hong Kong Stocks | HKEX Trading Fees | 0.00005 = 0.005% | Market | Per Trade | Out |
Hong Kong Stocks | Settlement Fees | 0.00002 = 0.002% | Market | Per Trade | In |
Hong Kong Stocks | Settlement Fees | 0.00002 = 0.002% | Market | Per Trade | Out |
Hong Kong Stocks | Exchange Fee | 0.00008 = 0.008% | Market | Per Trade | In |
Hong Kong Stocks | Exchange Fee | 0.00008 = 0.008% | Market | Per Trade | Out |
Instrument | Fee Comment | % Per Notional Per Unit | Order Type | Charge Type | Entry Charge | ||
Hong Kong Stocks | - | Hong Kong Stocks | Commission | 0.0003 = 0.03% | Market | Per Trade | In |
Hong Kong Stocks | - | Hong Kong Stocks | Commission | 0.0003 = 0.03% | Market | Per Trade | In |
Hong Kong Stocks | - | Hong Kong Stocks | Commission | 0.0003 = 0.03% | Market | Per Trade | In |
Hong Kong Stocks | - | Hong Kong Stocks | Commission | 0.0003 = 0.03% | Market | Per Trade | In |
Hong Kong Stocks | - | Hong Kong Stocks | Commission | 0.0003 = 0.03% | Market | Per Trade | In |
Hong Kong Stocks | - | Hong Kong Stocks | Commission | 0.0003 = 0.03% | Market | Per Trade | In |
Hong Kong Stocks | - | Hong Kong Stocks | Commission | 0.0003 = 0.03% | Market | Per Trade | In |
Hong Kong Stocks | - | Hong Kong Stocks | Commission | 0.0003 = 0.03% | Market | Per Trade | In |
Hong Kong Stocks | - | Hong Kong Stocks | Commission | 0.0003 = 0.03% | Market | Per Trade | In |
Hong Kong Stocks | - | Hong Kong Stocks | Commission | 0.0003 = 0.03% | Market | Per Trade | In |
Hong Kong Stocks | - | Hong Kong Stocks | Commission | 0.0003 = 0.03% | Market | Per Trade | In |
Hong Kong Stocks | - | Hong Kong Stocks | Commission | 0.0003 = 0.03% | Market | Per Trade | In |