Commission Calculation The calculation is performed as follows:Commission = (trade size * $65 per million traded) * account currency exchange rate.Example: Trading 100,000 GBP/JPY with an account currency in EUR 0.000065 * 1,000,000 = $65 GBP/EUR = 1.19 65 * 1.19 = €77 *Please note: Since its inception in…

Commissions are based on total dollar amount of the executed order at the rate of e.g 2.50 per 100,000 executed of the base currency, each side. There are four types of commission calculations one must perform, demonstrated by the following four examples to buy 1 lot. Commissions are based on total dollar amount of the executed order at the rate…

When trading on Forex trading platform you receive raw market spreads, meaning we do not apply a mark-up. On trading platforms brokers charges a commission fee of $65 USD per million traded. If your account is denominated in a currency other than USD you will need to convert this figure. Broker’s commission calculator does this for you. Simply enter the…

In order to manage your risk more effectively, it is important to know the pip value of each position in the currency your trading account is denominated in. Forex Pip Value Calculator does this for you. Simply enter your trade size, the currency pair you are trading, and your account currency; finally click ‘calculate’ to determine how much each…

Forex Margin Calculator enables you to calculate exactly how much margin is required in order guarantee a position that you would like to open. This is important as it allows you to determine whether you should reduce the lot size you are trading, or your leverage so as not to over-extend your trading account balance. Simply enter your trade size,…

How to calculate margin? 1) If USD is the base currency (USDCHF, USDJPY, USDCAD): Margin = $100 000 x lot size / leverage For example, if you open 0.3 lot of USDCHF with the leverage 1:100, the following margin will be required: $100 000 x 0.3 / 100 = $300 The leverage 1:200, Margin = $100 000 x 0.3 /…

Swaps are a procedure that is performed in order to avoid taking physical delivery of a currency. Most investors and speculators never intend to take physical delivery and are only looking to gain on the fluctuations in price. Because of this, there is a daily swap procedure also known as rollover. How do Swap Rates work in Forex?…

Swap rates can have a small or large effect on your overall trading strategy if not understood properly. Knowing when and how swaps are calculated is important for every trader to understand and account for in their trading strategies. Both long-term and short term traders should consider swaps as they execute their trades. When are Forex Swap Rates…