Our trading costs
An organized trader should understand what charges or fees they may encounter. A good trading provider ensures that these are presented clearly and transparently, which is what we aim to do.
Here we break down our different costs and fees, plus the reasoning behind them.
Flexible account solutions
When you open an account with us, you're in control of your pricing.
|
Account type |
Spread-Only |
RAW |
|
Description |
For traditional currency traders, costs to trade is bid/ask spread |
For currency traders seeking consistently tight spreads - EUR/USD as low as 0.0* - with fixed commissions |
|
FX spreads |
Variable spreads, EUR/USD as low as 1.2. |
Raw spreads, EUR/USD as low as 0.0. |
|
Commissions |
None |
Fixed $7 USD per $100k USD traded |
|
Volume discounts |
Cash rebates of up to $10 per million traded as a FOREX.com VIP. |
Cash rebates of up to $10 per million traded as a FOREX.com VIP. |
|
Interest paid |
Earn 5% APY interest on your average daily available margin balance** up to $500k, and an additional 1.5% APY on $500k+ as a FOREX.com VIP. T&C apply. |
Earn 5% APY interest on your average daily available margin balance** up to $500k, and an additional 1.5% APY on $500k+ as a FOREX.com VIP. T&C apply. |
|
Trading platforms |
FOREX.com & MetaTrader 4/5 |
FOREX.com & MetaTrader 5 |
|
Account applications |
Open a spread-only account |
Open a RAW PRICING account |
*During times of high volatility and/or low liquidity, spreads may be higher than the typical and as low as spreads published on the website. This can include but is not limited to the market open and around 5 pm EST during trading hours.
**Average daily Available Margin (Trading Resource) is calculated by taking the average of your available margin (trading resources) as of 5 PM ET each trading day during the prior month. Margin utilized for your open positions is not included. Interest will be posted within 15 business days of the following month. This promotion is void where prohibited or restricted by law and subject to all applicable federal, state and local laws and regulations. Balances between $10,000 and $500,000 will earn interest at 5% APY, while any additional balance in excess of $500,000 will earn interest at 1.5% APY.
Please note that this promotion and APY are subject to change at any time without notice, as we periodically evaluate current interest rates on an ongoing basis. To be eligible, an account must be active during the calendar month. Active is defined as having placed at least one Qualifying Trade. See Qualifying Trade Requirements. FOREX.com VIP status is required to earn stated APY.
Rollover Rates
Rollovers are typically the interest charged or earned for holding positions overnight. We strive to keep your trading costs low by sourcing institutional rollover rates and pass them to you at a competitive price.
You can earn or pay when a rollover is applied to your position
Rollovers are only applied to open trades at 5pm ET
Other brokers may calculate rolls continuously, raising your trading costs
To learn more, read our rollover FAQs.
USD/RUB and EUR/RUB are currently unavailable for trading. See Ruble update.
Rollover rates displayed are based on a 10K position and estimated based on the previous rollover rate and number of days being rolled. For example, typically Wednesdays are rolled for three days to account for the weekend. Rollovers also may vary due to month end or holidays.
The more you trade, the more you can earn. Enjoy interest payments and cash rebates for high volume trading.
-
Tangible PerksSave up to 15% with cash rebates as high as $10 per million traded. Additionally, have interest paid up to 5% on your average daily available margin balance.*
*T&C apply.
-
White Glove ServiceNo question or concern will ever go unanswered. Receive guidance and priority support from your dedicated Relationship Manager. -
VIP TreatmentJoin the FOREX.com VIP program to enjoy waived bank fees for your wire transfers. The spoils of being a valued client don’t end there, as you also get access to exclusive events and product previews.
Trade execution matters
Pricing means nothing without reliable, fast execution. We're proud to be the only FX broker to share our record of success.**
Fast and accurate pricing - 100% of trades successfully executed
Your trades deserve the best execution in the market. Our hi-tech trading platforms consistently deliver fast and accurate pricing, so you can trade with confidence.
99.95% of trades executed in less than 1 second
We’ve automated every aspect of the trade process, to ensure your trades are executed as fast as possible at the price you expect – or better.
0.59 pips average price improvement per limit order
When the market moves in your favor, our trading technology automatically passes along the savings by executing your trade at a better price.
**Includes all valid trade and orders requests, excluding those entered on the MetaTrader platform.
*Refers to FX executions for GAIN Capital Group LLC. Please note that multiple factors may impact execution speed, including but not limited; market conditions, platform type, network connectivity, trading strategies, and account type. Forex.com’s execution statistics represent GAIN Capital Group LLC orders executed on FOREX.com's platforms during market hours between August 31, 2024, 5:00 pm ET, and September 30, 2024, 5:00 pm ET and excludes trades/orders entered on the MetaTrader platform.
Market volatility, volume, and system availability may delay trade executions. Price can change quickly in fast market conditions, resulting in an execution price different from the price available at the time order is submitted. Price improvement is not guaranteed and will not occur in all situations.
Excludes trades that received non-standard order processing and orders that failed to trigger.
RAW pricing charges
Commissions
We charge commissions on our RAW Pricing accounts, but do not charge commissions on our Standard (spread only) accounts. For our RAW Pricing accounts, we charge $7 per $100k USD traded. Keep in mind that each completed roundtrip trade is technically two separate trades, therefore a commission is charged for each leg of your trade. For example, you open your trade with a buy of 100,000 EUR/USD, which is one trade, and then you close that trade with a sell of 100,000 EUR/USD, a second trade.
The commission amount is based on the USD notional value of your trade. For example, if you bought 100,000 USD/JPY, you are buying 100,000 worth of USD, thus you would have a commission of $7 ($14 roundtrip).
However, if you bought 100,000 EUR/USD (when EUR/USD is at 1.1000), you are buying 110,000 worth of USD (100,000 × 1.1000); therefore, you would have a commission of $7.70 (110,000 × $7 ÷ 100,000) or $15.40 roundtrip.
Additionally, if you bought 50,000 USD/CAD, you would have a commission of $3.5 or $7 round trip.
Please note that while RAW Pricing has typical spreads of as low as 0.0, spreads still fluctuate with market conditions and spread cost would still apply when it is above 0.0. Please see this page for all our typical and as low as spreads.
Frequently asked questions
Where can I find my cost per trade?
Web Trading Platform
Information about your cost per trade is made available on the trading platform in the "More History" tab of the "History" window on your Workspace as "Spread Cost". If you have a Commission Account, the Cost per trade will be comprised of Spread Cost and Commissions.
MetaTrader 4
Information about your cost per trade is made available on the MetaTrader 4 platform's Account History tab as "Spread Cost". There is also a report of cost per trade within a 7 day period that is also available on in the "Company" tab. Once you click on the "Company" tab, you can find "Cost per Trade Report" under "Profile" in the list on the left side. The End Date cannot be more than 7 days of the Start Date.
The "Spread Cost" value displayed on the platforms is the "Mid-Point Spread Cost" as defined by NFA.
How is my spread cost calculated?
In typical market conditions, this is the difference between the rate at which your order was executed, and the mid-point of the bid/offer spread at the time your market order was received. Keep in mind that pending orders become market orders once they are triggered. Mid-point spread cost typically reflects the cost of your trade outside of any commissions.
During extreme market conditions, the time period when a market order is received versus when the order is ultimately executed may increase. This increase in time period can result from many factors including but not limited to market volatility, available liquidity, pre-trade available margin check, price validation, etc.
The potential delay in order execution during extreme market conditions may cause wide variations of your spread cost at the time of execution, measured as the difference between bid/offer versus the mid-point at time of execution. For example, these variations may result in a smaller than normal cost figure, or even a positive cost figure, in the case of limit orders filled at a better rate than the rate at which your limit was triggered.
Conversely, these variances may reflect a larger than normal cost if your stop order rate was executed worse than the rate at which it was ultimately triggered. As noted above, these variations can result from many factors.
Are there any data exchange fees associated with forex trading?
FOREX.com does not charge data exchange fees. However, you may incur an overnight funding/rollover charge if you hold your positions overnight.
Is there a currency conversion charge?
Trading in markets that settle in a different currency from your trading account's base currency may incur a currency conversion charge.
For example, if your trading 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 JPY back to US Dollars before posting to your trading 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.