Commissions for currency trading and metals for Admiral.Prime account holders.
|Currency of the account||Commission per 1 lot|
|Forex & Spot Metals|
Forex broker commission is applicable per 1.0 lots on Admiral.Prime trading accounts. While the listed commission applies for a single side trade, your account will be charged a full-turn trade commission (for both opening and closing) once you’ve opened a position. This means that you will be charged double.
Commission (in the deposit currency) = Contract size * Commission rate in account's deposit currency * 2
Contract size = Volume of the trade in lots
For FX currency pairs:
1 lot = 100,000 base currency units. Base currency means the currency quoted first in a currency pair, e.g. 1 lot of AUDUSD = 100,000 AUD.
For spot metals:
1 lot = 5000 troy oz. spot silver (XAGUSD);
1 lot = 100 troy oz. spot gold (XAUUSD).
Commission in the currency of your deposit - a fee specified by Admiral Markets for the currency of the given account.
You can learn more about Forex broker commissions with the examples below.
Commission for CFDs on US stocks, are applicable to Admiral. Markets account holders.
A USD 0.10 (or equivalent in another currency) commission is charged for trading 1 CFDs on Stocks on Admiral.Markets accounts. For CFDs on US Stocks 1 lot equals 100 stock CFDs. Therefore, commission for 1 lot equals USD 0.10 * 100 CFDs = 10 USD. To make the calculations more clear, let's consider several exact examples.
Contract for Differences (CFD) is a type of a derivative trading instrument that lets traders benefit from the price fluctuations of a certain asset without owning this asset. This way, traders have an easier opportunity to go short (sell) various trading instruments. You can see the way it works in the second example below.
Commissions on CFDs are not influenced by the difference in opening and closing prices of traded stocks.
Commissions for European share CFDs on Admiral.Markets accounts
Commission charged for the EU share CFDs is 0.05% of the transaction's notional value, with the minimum commission being 3 EUR per transaction.
Commission is charged in full amount (i.e. as a summary commission for opening and closing transactions) upon opening a position.
Therefore, the commission value for the EU CFDs is calculated as Transaction's Notional Value * 0.05% * Exchange Rate * 2,
If the resulting commission value calculated using the above formula is less than the minimum commission value for both sides (i.e. 3 EUR * 2 sides = 6 EUR), then the minimum commission charge is applied.
The following examples show how you can calculate the commission for your positions on #BMW (Bayerische Motoren Werke AG CFD) and #DBK (Deutsche Bank AG CFD).
CFD (Contract for Difference) is a derivative contract that allows to take advantage of price fluctuations of the underlying asset without acquisition of the ownership rights for this asset. Learn more about the benefits of our share CFDs offering.
Since the mathematical value of the commission is higher than the minimum commission per two sides (i.e. 3 EUR * 2 = 6 EUR), a commission charge of 9.10 USD is applied to this position.
Since the mathematical value of the commission is lower than the minimum commission per two sides (i.e. 3 EUR * 2 = 6 EUR), a minimum commission charge of 6 EUR (6.49 USD in account's currency) is applied to this position.