RAW Pricing Account FAQs
- When does FOREX.com charge commissions?
- What platforms can I trade a RAW Pricing Account on?
- Are the spreads different between Spread-Only and RAW Pricing Accounts?
- Can I convert my Spread-Only Account to a RAW Pricing Account, or vise versa?
- Can I open a RAW Pricing Account demo?
- Are RAW Pricing Accounts eligible for FOREX.com VIP?
When does FOREX.com charge commissions?
We charge commissions on our RAW Pricing accounts, but do not charge commissions on our 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.
Additionally, 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.
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.
What platforms can I trade a RAW Pricing Account on?
RAW Pricing Accounts are available on both our FOREX.com platforms and MetaTrader 5.
Are the spreads different between Spread-Only and RAW Pricing Accounts?
Yes, we are able to provide tighter spreads on RAW Pricing Accounts. See our trading accounts comparison.
Can I convert my Spread-Only Account to a RAW Pricing Account, or vice versa?
No, account types cannot be converted to the other pricing model. If you already have an account of one type, you can open a new account of another type by logging onto MyAccount, going to Account Settings, and selecting Add New Account.
Can I open a RAW Pricing Account demo?
No, RAW Pricing Account demos are not available.
Are RAW Pricing Accounts eligible for FOREX.com VIP?
Yes, you can earn cash rebates and other exclusive FOREX.com VIP benefits when you trade high volumes on your RAW Pricing Account. Learn about FOREX.com VIP.