Before you make that first trade, you’ll want to know how much will it cost you.
We’re proud to offer great pricing and we’re honest about the fees we charge. Have a read through the below and let us know if anything isn’t clear.
Trading commissions and fees
We’re proud of our low trading costs.
See for yourself.
Our spreads, explained in one simple video.
Here’s exactly how we charge for our spreads, depending on your account type and the instrument you’re trading.
How our commissions work
Just as a refresher, commissions are the charges you’ll pay for us to facilitate your trades as your broker. We keep these as low as possible.
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. So, you’ll pay $2 when you open a position and $2 when you close it, per every 1 lot you trade.
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. This is based on a floating structure - so the more your funds and trading volume increase, the less you’ll pay.
The formula we use to calculate commission is:
(Volume * Contract Size * Open Price) / 1,000,000 * Commission * 2.
Trading fees with stocks
US stock trading is commission-free and includes free access to real time price data to help you keep an eye on the latest movements.
Trading stocks on the HKEX exchange in Hong Kong does come with a fee structure based on % per notional per unit. The breakdown of this fee will be published on the website very soon.
Our pricing in numbers
0.0
Spreads
Spreads close to zero on major FX pairs, including EURUSD and USDJPY, and as low as zero on Gold, XAUUSD.
0.4¢ - $2
Commissions on FX and CFDs
Our Advantage MT4 account gives you the best spreads and highly competitive commission rates
0%
Commission on US Stocks
Trade the biggest US brands, including Tesla, Apple, Facebook and Microsoft, with no commission.
Commissions
FXTM's commission structure is very competitive. You can enjoy zero commission when trading US stocks on our MT5 accounts. The commission charge for Hong Kong stocks is as low as 0.05% and for stock CFDs there are no other fees except for spreads and swaps. For FX and gold, the commission on the Advantage MT5 platform is fixed at $4 per lot.
The commission structure on the Advantage MT4 platform is very flexible. The higher the net value of your account and the larger the transaction volume, the lower the commission you pay, also known as floating commission. This is one of the most competitive Commission structures in the trading industry.
Select the instruments to view the corresponding commissions:
US Stocks
FXTM provides US stocks listed on the New York Stock Exchange and NASDAQ. Clients can choose to trade US stocks on the Advantage and Advantage Plus platforms, which are all commission-free.
| US stock charges on Advantage and Advantage Plus MT5 | ||
|---|---|---|
| Type | Commission | Charged by |
| US Stock commission | $0/trade | N/A |
| Platform usage | $0/trade | N/A |
| Collection of dividend tax | 30% X Dividend (automatic withholding on distribution) | IRS, USA |
| Live pricing data fee | Free live pricing | N/A |
*One trade means a round trip of buy and sell
HK Stocks
FXTM clients can trade HK stocks on Advantage and Advantage Plus MT5 platforms where the commissions are based on the contract value, as low as 0.05%.
| HK stock charges on Advantage and Advantage Plus MT5 | ||
|---|---|---|
| Type | Fees | Charged by |
| HK Stock commission | 0.05%/national trade* | FXTM |
| Platform usage | $ 0/trade | N/A |
| Stamp duty | 0.1%/national trade | HK Government |
| HKSFC Trade Levy | 0.0027%/national trade | HK SFC |
| HKEX Trading Fees | 0.005%/national trade | HKEX |
| Settlement fee | 0.002%/national trade | HK Clearing house |
| Exchange fee | 0.008%/national trade | HKEX |
| Collection of dividend tax | $ 0/trade | N/A |
| Live pricing fee | $120/month live pricing subscription | |
*One trade means a round trip of buy and sell
**The cost calculation in the charging items is based on the unit of "transaction" (each order may be divided into multiple transactions). All fees are charged by the exchange and government. Please refer to the website of the exchange for further details.
Commission and fee calculation formulas and examples:
Total commission and agency fee = number of shares traded (trading volume) x stock buy/sell price x (Hong Kong stock commission + stamp duty + SFC transaction levy + HKEX trading fee settlement fee + exchange fee ) / Hong Kong dollar exchange rate
Buy and trade 1 share of Alibaba at HK$213.6, and sell and trade 1 share of Alibaba at HK$223.5 as an example:
1 x 213.6 x (0.0005 + 0.0013 + 0.000027 + 0.00005 + 0.00002 + 0.00008) / Ex rate 7.752 = USD 0.0545
1 x 223.5 x (0.0005 + 0.0013 + 0.000027 + 0.00005 + 0.00002 + 0.00008) / Ex rate 7.752 = 0.0570 USD
Stock CFDs (US/EU)
You can trade US and EU CFD stocks on Advantage and Advantage Plus We only charge spreads and swaps with no other fees.
Please refer to our Contract Specifications page for spreads and swaps details for each stock.
Please refer to our Contract Specifications page for spreads and swaps details for each stock.
Commodities
If you use Advantage MT4 account:
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.
Client’s total trading volume is calculated monthly, therefore at beginning of every month the commission will be calculated according to the highest level of the trading volume. If the trading volume increases in the month, the commission will automatically reduce to reflect the trading volume.
For Advantage MT4 accounts, we apply double the commission when a position is opened, and nothing on the close.
| 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 | |||
Commission calculation formula and examples:
Total commission = (Open Price x Lots (vol) X Contract Size) * Commission / 1,000,000 X 2*
| Open Price | Lot | Contract size | Commission per lot* | Total commission | |
|---|---|---|---|---|---|
| Brent | 64.76 | 1 | 1,000 | 2.0 | 2.59 |
| WTI Crude | 61.4 | 1 | 1,000 | 2.0 | 2.46 |
*According to FXTM’s floating commission structure, the higher your equity and the larger your trading volume, the lower the commissions you pay. In the example above, you hypothetically have a USD account with 0-$2,999 equity and trading volume less than 100,000,000
If you use Advantage account MT5 platform:
On our Advantage MT5 account, commission is fixed at $4 per lot，and doesn't change based on volume and equity, nor the market you’re trading. Half the commission is applied on opening the order and half on the close.
If you use Micro MT4, or Advantage Plus MT4/MT5 platform:
On the Micro MT4, or Advantage Plus MT4/MT5, clients can enjoy zero commission in which case there will be only the spreads and swaps charged with no other fees.
Please refer to our Contract Specifications for spreads and swaps details for each commodity instrument.
FX and Metals
If you use Advantage account MT4 platform:
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.
For Advantage MT4 accounts, we apply double the commission when a position is opened, and nothing on the close.
| 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 | 09 |
| 200,000 - 499,999 | 14 | 12 | 10 | 08 |
| 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 | |||
Commission calculation formula and examples:
Total commission = (Open Price x Lots (vol) X Contract Size) * Commission / 1,000,000 X 2*
| Open Price | Lot | Contract size | Commission per lot* | Total commission | ||
|---|---|---|---|---|---|---|
| EURUSD | 1.21892 | 1 | 100,000 | 2.0 | 4.88 | |
| GBPUSD | 1.38765 | 1 | 100,000 | 2.0 | 5.55 | |
| XAUUSD | 1823.25 | 1 | 100 | 2.0 | 7.29 | |
| XAGUSD | 26.12 | 1 | 5,000 | 2.0 | 5.22 | |
| AUDCAD | 0.97969 | 1 | 100,000 | 2.0 | commission 3.92 | commission** 3.19 |
*According to FXTM’s floating commission structure, the higher your equity and the larger your trading volume, the lower the commissions you pay. In the example above, you hypothetically have a USD account with 0-$2,999 equity and trading volume less than 100,000,000
**In the hypothetical example you have an USD account. When the price is non-USD based it will need to be converted to USD, using the exchange rate on the FXTM platform at that moment
If you use an Advantage MT5 account:
On our Advantage MT5 account, commission is fixed at $4 per lot and doesn't change based on volume and equity, nor the market you’re trading. Half the commission is applied on opening the order and half on the close.
If you use a Micro MT4, or Advantage Plus MT4/MT5 account:
On the Micro MT4, or Advantage Plus MT4/MT5, clients can enjoy zero commission in which case there will be only the spreads and swaps charged with no other fees.
Please refer to our Contract Specifications page for spreads and swaps details of each FX and metal instrument.
Indices
If you use an Advantage MT4 account:
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.
Client’s total trading volume is calculated monthly, therefore at beginning of every month the commission will be calculated according to the highest level of the trading volume. If the trading volume increases in the month, the commission will automatically reduce to reflect the trading volume.
For Advantage MT4 accounts, we apply double the commission when a position is opened, and nothing on the close.
| 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 | |||
Commission calculation formula and examples:
Total commission = (Open Price x Lots (vol) X Contract Size) * Commission / 1,000,000 X 2*
| Open Price | Lot | Contract size | Commission per lot* | Total commission | ||
|---|---|---|---|---|---|---|
| FXTM USD Index | 1.06668 | 1 | 100,000 | 2.0 | 4.27 | |
| HSI50 | 29077.1 | 1 | 10 | 2.0 | Commission 11.63 | Commission** 1.49 |
*According to FXTM’s floating commission structure, the higher your equity and the larger your trading volume, the lower the commissions you pay. In the example above, you hypothetically have a USD account with 0-$2,999 equity and trading volume less than 100,000,000
**In the hypothetical example you have an USD account. When the price is non-USD based it will need to be converted to USD, using the exchange rate on the FXTM platform at that moment
If you use Advantage account MT5 platform:
On our Advantage MT5 account, commission is fixed at $4 per lot and doesn't change based on volume and equity, nor the market you’re trading. Half the commission is applied on opening the order and half on the close.
If you have a Micro MT4, or Advantage Plus MT4/MT5 account:
On the Micro MT4, or Advantage Plus MT4/MT5, clients can enjoy zero commission in which case there will be only the spreads and swaps charged with no other fees.
Please refer to our Contract Specifications page for spreads and swaps details of each index and stock.
FREQUENTLY ASKED QUESTIONS
Commissions are the fees we’ll charge you for handling your trades.
Ours range from $0.40 to $2 per $100K notional value per side on the Advantage account – and we won’t charge you any at all on the Micro or Advantage Plus accounts (A note though – our spreads are wider on this account types).
The very minimum you’ll pay is $0.40 per $100k.
With us, you’ll pay competitive commission on Hong Kong stocks – but none at all on US stocks.
Afraid not. It’s how we make our money from doing business with you. We do keep these as low as possible, which is why over 3 million traders worldwide have chosen us.
Commission-free means we won’t charge you any handling costs for trading that instrument with us.
AWARDS
