Commissions for trading through Trading Station are low and fixed, which are based on instrument and trade size, and start as low as US$0.4 (HK$3.0) per 10k lot each way※.
|COMMISSION SCHEDULE 1
|EUR/USD, USD/JPY, GBP/USD, AUD/USD, EUR/NOK, EUR/SEK, USD/HKD, USD/MXN, USD/NOK
||US$0.04 (HK$ 0.3)
|COMMISSION SCHEDULE 2
|USD/CHF, USD/CAD, NZD/USD, AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD, NZD/CAD, NZD/CHF, NZD/JPY, EUR/TRY, TRY/JPY, USD/CNH, USD/SEK, USD/TRY, USD/ZAR, ZAR/JPY
||US$0.06 (HK$0. 45)
||US$0.6 (HK$ 4.5)
||US$6 (HK$ 45)
||US$60 (HK$ 450)
||US$0.12 (HK$0. 9)
||US$1.2 (HK$ 9)
||US$12 (HK$ 90)
||US$120 (HK$ 900)
Commissions shown above represent accounts with a base currency of USD or HKD (as indicated in brackets).
Two components make up your total transaction costs when trading forex on Trading Station:
low commission※ and tight spreads.
Opening and close a 1K EUR/USD trade
Commission (to open & close trade) = $0.04 + $0.04 = $0.08
Spread (pip cost) = 0.2 pips X $0.10 = $0.02
Total trading cost = $0.08 + $0.02 = $0.10
To find the value of the spread, multiply the spread and the pip cost (displayed in the Simple Dealing Rates window of the trading platform). For USD-denominated accounts, the pip cost is USD 0.1 for direct quote and approximately USD 0.1* for indirect quote per 1K lot size; for HKD-denominated accounts, the pip cost is approximately HKD 0.778^ per 1K lot size (but variable to the exchange rate of USD and HKD).
* Variable according to the exchange rate USD vs. other currencies. ^ Variable according to the exchange rate of USD vs. HKD; please refer to Trading Station platform.
Please contact us if you have any questions related to account opening.