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Please be aware that this new pricing model will take effect starting February 17th, 2025.
What is the Core pricing + commission model for FX and Metals?
The Core pricing + commission model means you can access a reduced spread relative to our spread-only pricing account. You only pay a fixed commission per trade. The total cost for each trade will be the sum of the applicable core spread, plus commission. Commissions will be applied in full at the opening of a new trade and 0 will be charged when the trade is closed fully or partially.
- Gold: Spreads starting from 0.1, with a commission of USD 7.0 per lot traded (round turn)
- FX: Spreads starting from 0.0 pips, with a commission of USD 7.0 per lot traded (round turn)
The total cost of each trade will be the sum of the core spread and the commission.
What are the key differences between the current model and the Core pricing + commission model?
- Current Model (Spread-Only Pricing): The commission is included within the spread, so the spread is the only cost you pay. Index CFDs and Commodity CFDs instruments will continue to follow the current model.
- Core Pricing + Commission will be applied for FX and Metals (Gold and Silver). You pay a fixed commission per trade, while benefiting from reduced spreads. The total cost of each trade is the sum of the core spread and the commission.
Why is this model being used?
- It's what traders want: tighter spreads and more transparency
- Everyone else is doing it - This makes us more competitive
- Tighter spreads = reaching profit goals faster
What are the advantages of the Core pricing + commission model?
- Reduced Spreads: Tighter spreads on Gold (starting from 10 cents), making it easier to enter and exit trades.
- Enhanced Transparency: Separating the core spread and commission makes it clearer to see the total cost of each trade.