We apply a commission on the Advantage account type. The same commission structure is applied to Advantage MT4 and Advantage MT5 accounts: 

How to calculate commission for different instruments?

For MT4 accounts, commission is applied once for both opening and closing trades. Therefore, you only need to know the opening price to calculate the commission. Let's go ahead and explore further examples.

FX Currency Pairs

As mentioned for Forex Currency pairs, the commission is calculated as 3.5 per lot traded. As the commission is charged twice: for opening and closing a position, the commission for trading 1 lot of EURUSD can be calculated like this: 

Commission = 2.5 (lot) * 3.5 (commission) * 2 (round turn) = $17.5

If you open 0.6 lots of EURUSD for 1.0772,

Commission = 0.6 (lot) * 3.5 (commission) * 2 (round turn) = $ 4.2

Spot Metals

Spot Metals Commission is charged at $25 per million notional value traded. To calculate use the following formula.

If you open 1 lot of XAUUSD for $ 2274, 

Commission = (2274 (open price) * 1 (lot) * 100 (Contract Size))* 25 (commission) * 2 (round turn) / 1`000`000 = $ 11.38

Indices

If you open 1 lot of US500 for $ 5202, 

Commission = (5202(open price) * 1 (lot) * 1 (Contract Size))* 35 (commission) * 2 (round turn) / 1`000`000 = $ 0.36

How is the commission calculated on Advantage MT5?

In MT5 accounts, a commission is charged twice: once upon opening a trade and again when closing it. To calculate the commission on an MT5 account, you need to be aware of both the opening and closing prices.

FX Currency Pairs

Example 1:

If you open 1 lot of EURUSD for 1.0772,

As mentioned for Forex Currency pairs, the commission is calculated as 3.5 per lot traded. As the commission is charged twice: for opening and closing a position, the commission for trading 1 lot of EURUSD can be calculated like this: 

Commission = 1 (lot) * 3.5 (commission) * 2 (round turn) = $ 7

Example 2:

If you open 0.6 lots of EURUSD for 1.0772,

Commission = 0.6 (lot) * 3.5 (commission) * 2 (round turn) = $ 4.2

Spot Metals

Spot Metals Commission is charged at $25 per million notional value traded. To calculate use the following formula.

Example 1: 

If you open 1 lot of XAUUSD for $ 2274, 

Commission = (2274 * 1  * 100 * 25  / 1`000`000) + (2350 * 1  * 100 * 25  / 1`000`000)= $ 11.57

Indices

If you open 1 lot of US500 for $ 5202, 

Commission = (5202 * 1  * 1 * 35  / 1`000`000) + (5400 * 1  * 1 * 35  / 1`000`000)= $ 0.37

Stocks CFD

If you open 1 lot of GOOGLE for $154.3, and close price with $156.6

Commission = (1 * $ 0.02) + (1* $ 0.02) = $ 0.04

Do you charge a commission on stock trading?