Commissions
Table of contents
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Zero.MT4/Zero.MT5 -
Trade.MT5 -
Invest.MT5
Commission for trading currencies and metals on Zero.MT4 & Zero.MT5 accounts
Commission Rates
| Commission per 1.0 lot per side | |||
|---|---|---|---|
| Monthly Volume, USD | |||
| Account currency | Up to 10,000,000 | 10,000,000 - 50,000,000 | Over 50,000,000 |
| USD | 3.0 | 2.4 | 1.8 |
| EUR | 2.6 | 2.1 | 1.6 |
| HUF | 850.0 | 680.0 | 500.0 |
| RON | 12.0 | 10.0 | 7.5 |
Calculation Formula
A commission is charged per 1.0 lot of transaction value on Zero.MT4 & Zero.MT5 accounts. This is the commission for a single‑side trade. The commission for a round‑turn trade (opening and closing) is doubled and is fully charged when the order is opened. The formula below shows how the commission is calculated:
Commission (in the deposit currency) = Contract size * Commission rate in account`s deposit currency * 2
Where:
Contract size = Volume traded in lots
For Forex currency pairs:
1 lot = 100,000 units of the base currency. The base currency is the currency quoted first in a currency pair (e.g., 1 lot of EURUSD = 100,000 EUR)
For metals:
1 lot = 5,000 troy oz. silver (XAGUSD);
1 lot = 100 troy oz. gold (XAUUSD).
Commission rate in the account’s deposit currency – the commission specified by Admirals for the account’s deposit currency.
To make the calculation clearer, let’s consider several exact examples.
Example 1
Initial values
- Account`s deposit currency: EUR
- EUR commission rate: 2.6
- Instrument traded: USDCAD
- Volume traded: 1 lot
Calculations
- Commission (in account`s deposit currency) = Contract size * Commission rate in account`s deposit currency * 2
- Commission (in EUR) = 1 lot * €2.6 * 2 = €5.20
Example 2
Initial values
- Account’s deposit currency: HUF
- HUF commission rate: 850
- Instrument traded: EURCAD
- Volume traded: 1 lot
Calculations
- Commission (in account`s deposit currency) = Contract size * Commission rate in account`s deposit currency * 2
- Commission (in HUF) = 1 lot * 850 HUF * 2 = 1,700 HUF
Example 3
Initial values
- Account’s deposit currency: RON
- RON commission rate: 12
- Instrument traded: XAUUSD
- Volume traded: 1 lot
Calculations
- Commission (in account`s deposit currency) = Contract size * Commission rate in account`s deposit currency * 2
- Commission (in RON) = 1 lot * 12 RON * 2 = 24 RON
Commissions for Australian Share CFDs on Trade.MT5 accounts
Calculation Guidelines
The commission charged for AU share CFDs (AUD‑denominated) is 0.15% of the transaction’s notional value, with a minimum commission of 8 AUD per transaction.
The full commission amount (i.e., the total for both the opening and closing transactions) is charged when the position is opened.
Therefore, the commission value for AU share CFDs is calculated as: Commission = Transaction Notional Value * 0.15% * Exchange Rate * 2
Where:
- Transaction Notional Value = CFD Open Price * Contract Size (in lots)
- 0.15% = commission rate
- Exchange Rate = conversion rate from the commission currency (AUD) to your account’s currency
- 2 = doubling multiplier, as commission is charged for both trade sides when the position is opened
If the calculated commission value is less than the minimum commission for both sides (i.e., 8 AUD * 2 sides = 16 AUD), the minimum commission charge is applied.
The following examples illustrate how to calculate the commission for positions in #CBA.AU (Commonwealth Bank of Australia CFD) and #NAB.AU (National Australia Bank Ltd CFD).
Important Note:
CFDs (Contracts for Difference) are derivative instruments that allow traders to benefit from price movements of the underlying asset without acquiring ownership rights to that asset. Learn more about the benefits of our share CFD offering.
Example 1: Opening a position on #CBA.AU and paying commission
Initial values
- Account currency: USD
- Instrument: #CBA.AU
- Lot size: 1 share CFD
- Contract size: 250 lots
- Open price: 179.26 AUD
- AUDUSD rate (MT5): 0.64920
Calculations
- Commission (in account’s deposit currency) = CFD Open Price (in AUD) * Contract size (in lots) * Commission rate (%) * Rate of commission currency (AUD) to account’s deposit currency (USD) * 2 trade sides
- Commission (in USD) = 179.26 AUD * 250 * 0.15 / 100 * 0.64920 * 2 = 87.14 USD
Since the calculated commission is higher than the minimum commission for two sides (8 AUD * 2 = 16 AUD, or 10.39 USD in the account’s currency), the commission of 87.14 USD is applied to this position.
Example 2: Opening a position on #NAB.AU and paying a minimum commission
Initial values
- Account currency: USD
- Instrument: #NAB.AU
- Lot size: 1 share CFD
- Contract size: 100 lots
- Open price: 38.98 AUD
- AUDUSD rate (MT5): 0.64920
Calculations
- Commission (in account`s deposit currency) = CFD Open Price (in AUD) * Contract size (in lots) * Commission Rate (%) * Rate of commission currency (AUD) to account`s deposit currency (USD) * 2 trade sides
- Commission (in USD) = 38.98 AUD * 100 * 0.15 / 100 * 0.64920 * 2 = 7.58 USD
Since the calculated commission is lower than the minimum commission for two sides (8 AUD * 2 = 16 AUD, or 10.39 USD in the account’s currency), the minimum commission of 10.39 USD is applied to this position.
Commissions for trading US Stocks on Invest.MT5 accounts
Formula
A 0.02 USD (or the equivalent in another currency) per share per side (i.e. separately for opening and closing positions) commission is charged on Invest.MT5 accounts. For US stocks, 1 lot equals 1 stock. Therefore, the commission for 100 lots equals USD 0.02 * 100 stocks = 2 USD. The minimum commission is 1 USD. To make the calculations more clear, let`s consider several examples.
Example 1: Buying a US Stock
Initial values
- Account`s deposit currency: USD
- Instrument: AAPL
- Instrument`s quote currency: USD
- Volume trade: 150 lots
- Order type: Buy
- Open price AAPL: 156.92
Calculations
- Commission (in the account’s deposit currency) = Contract size * Commission per 1 stock * Rate of USD to the account’s deposit currency (USD)
- Commission (in USD) = (150 Lots * 1 Apple Stock) * 0.02 USD * 1 = 3.00 USD
Example 2: Selling a US Stock
Initial values
- Account’s deposit currency: USD
- Instrument: AAPL
- Instrument`s quote currency: USD
- Volume trade: 25 lots
- Order type: Sell
- Open price AAPL: 165.45
Calculations
- Commission (in the account’s deposit currency) = Contract size * Commission per 1 stock * Rate of USD to the account’s deposit currency (USD)
- Commission (in USD) = (25 Lots * 1 Apple Stock) * 0.02 USD * 1 = 0.50 USD
Since the mathematical value of the commission is lower than the minimum commission per side (i.e. 1 USD ), a minimum commission charge of 1 USD is applied to this transaction.
Example 3: Buying a US Stocks
Initial values
- Account`s deposit currency: EUR
- Instrument: GOOG
- Instrument`s quote currency: USD
- Volume trade: 500 lots
- Order type: Buy
- Open price GOOG: 1580.60
- Currency EURUSD rate in MetaTrader 5: 1.18235
Calculations
- Commission (in account`s deposit currency) = Contract size * Commission per 1 stock * Rate of USD to account`s deposit currency (EUR)
- Commission (in EUR) = (500 Lots * 1 Google Stock) * 0.02 USD * (1/1.18235) = 8.46 EUR
Commission for Trading EU Stocks on Invest.MT5 accounts
Calculation guidelines
Commission charged for an EU share (for example: France and Germany) is 0.10% of the transaction`s notional value per side (i.e. separately for buying and selling). The minimum commission for EUR-denominated share is 1 EUR.
Therefore, the commission value of the EU Stocks is calculated as the Transaction`s Notional Value (Amount of Stocks * Stock price) * 0.10% * Exchange Rate,
Whereas:
- Transaction`s Notional Value is calculated as Order Open Price * Contract Size (in Lots);
- 0.10% is a multiplier representing the commission rate;
- The Exchange Rate is a multiplier representing the conversion rate from the commission currency (EUR) to your account’s currency;
If the resulting commission value, calculated using the above formula, is less than the minimum commission value(i.e. 1 EUR), then the minimum commission charge is applied.
Example 1: Buying an EU Stocks
Initial values
- Account`s deposit currency: EUR
- Instrument: FP
- Instrument`s quote currency: EUR
- Volume trade: 50 lots
- Order type: Buy
- Open price FP: 36.300
Calculations
- Commission (in account`s deposit currency) = Open Price (in EUR) * Contract size (in Lots) * Commission Rate (in %)
- Commission (in EUR) = 36.300 EUR * (50 Lots * 1 Total SE Stock) * 0.10% = 1.82 EUR
Example 2: Selling an EU Stock
Initial values
- Account`s deposit currency: EUR
- Instrument: FP
- Instrument`s quote currency: EUR
- Volume trade: 25 lots
- Order type: Sell
- Open price FP: 39.230
Calculations
- Commission (in the account’s deposit currency) = Open Price (in EUR) * Contract size (in Lots) * Commission Rate (in %)
- Commission (in EUR) = 39.230 EUR * (25 Lots * 1 Total SE Stock) * 0.10% = 0.98 EUR
Example 3: Buying a EU Stocks
Initial values
- Account`s deposit currency: USD
- Instrument: BMW
- Instrument`s quote currency: EUR
- Volume trade: 100 lots
- Order type: Buy
- Open price BMW: 57.480
- Currency EURUSD rate in MetaTrader 5: 1.18235
Calculations
- Commission (in the account’s deposit currency) = Open Price (in EUR) * Contract size (in Lots) * Commission Rate (in %) * Rate of commission currency (EUR) to the account’s deposit currency (USD)
- Commission (in USD) = 57.480 EUR * (100 Lots * 1 BMW Stock) *0.10% * 1.18235 = 6.80 USD
