Commissions for currency trading and metals for Admiral.Prime account holders.
|Currency of the account||Commission per 1 lot|
|Currency pairs and spot gold|
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 = 500 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 stocks, are applicable to Admiral. Markets account holders.
A commission of 0.10 USD or its equivalent in any other currency, is applicable for any CFD on Stocks for Admiral.Markets account holders. One standard lot equals 100 Stock CFDs. Hence, the commission for trading 1 lot of CFDs on Stocks is 0.10 USD * 1000 CFDs = 10 USD. Let's take a look at a few detailed 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.