Pricing and Fees FAQs

1. What is a spread?
2. Are there any data exchange fees associated with forex trading?
3. What is a financing/rollover fee?
4. Does FOREX.com charge inactivity fees?
5. Do you offer fixed spreads?
6. Do I need to pay taxes on my trades and transactions?
7. Is there a currency conversion charge?
8. Is there a fee for EA hosting?
9. What is IBOR?
10. What are dividend adjustments?
11. What are borrowing costs?

What is a spread?

When a price for a market is quoted, you will actually see two prices. The first price, known as the bid, is the sell price and the second price is the buy price, known as the offer, or the ask. The difference between the sell and buy price is called the spread.

Are there any data exchange fees associated with forex trading?

FOREX.com does not charge data exchange fees. However, you may incur a financing/rollover charge if you hold your positions overnight. Learn more about our prices and execution.

What is a financing/rollover fee?

Financing fees, also known as rollovers, are charges that you pay or earn in order to hold a position open overnight. The daily financing fee is automatically applied to your account each day that you hold an open position (including weekends). Learn more about our rollover rates.

Does FOREX.com charge inactivity fees?

A fee of $15 USD ($20 CAD) per month is charged to accounts after there is no trading activity for 12 months.

Do you offer fixed spreads?

FOREX.com offers both fixed and variable spreads, depending on the market you wish to trade.

Fixed spreads don’t change according to market conditions such as volatility or liquidity. Depending on the market, fixed spreads may either be offered for a defined period of the day, or throughout trading hours.

Variable spreads may fluctuate throughout the day according to different factors such as underlying liquidity or market volatility. With variable spreads, FOREX.com will quote you the minimum spread it could be, plus an average spread for a defined historical period of time. View our live spreads.

Do I need to pay taxes on my trades and transactions?

Yes, forex trades are subject to taxes. Please contact a tax professional for more information.

Is there a currency conversion charge?

Trading in markets that settle in a different currency from your account's base currency may incur a currency conversion charge. For example, if your account base currency is US Dollars and you trade USD/JPY, your realized profit or loss as well as any associated fees, charges, and commissions will be automatically converted from Japanese yen back to US Dollars before posting to your account. Our standard charge for this conversion is +/-0.5% from the market rate at the time of conversion. Conversely, you will not incur this charge if you only trade products that settle in your account’s base currency, such as EUR/USD in a US Dollar based account.

Is there a fee for EA hosting?

To qualify for free EA Hosting, you must trade at least a notional volume of 500K per month. We will re-evaluate your eligibility at the end of each calendar month. A fee of $30 will be debited from accounts that do not meet the minimum eligibility requirement to cover the VPS service.

What is IBOR?

IBORs are widely used in the global financial system as benchmarks for a large volume and broad range of financial products and contracts. Since May 7, 2021, it has been determined that you will be charged a rate approximate to the new benchmark +/- 2.5%. These charges will remain competitive in order to keep the cost of trading low.

What are dividend adjustments?

CFDs are subject to corporate actions including dividend adjustments. We may make dividend adjustments if a dividend is scheduled to be paid to the holders of the underlying instrument. These adjustments are normally made on the ex-dividend date. Long positions receive adjustments net of tax, whereas short positions are charged the declared amount of gross adjustment, where applicable.

For more information on US withholding tax on US equity derivative markets, please visit our page on US code section 871(m).

What are borrowing costs?

Borrowing costs are incurred when you short a shares CFD position, and reflect a charge incurred in the underlying market when the underlying asset is borrowed in order to sell and return at a later date. Very few markets will incur a borrowing charge, and to determine whether the market you wish to trade has borrowing costs or not, please check the relevant Market Information Sheet in the FOREX.com desktop or MetaTrader 4 platform.