On this page, we will be explaining how the commissions are calculated for each category of the financial instruments per each account level.
The following examples demonstrate how to calculate the commissions.
First: round commissions
The round commissions are commissions that are charged per round position at close phase. Below you will find a full explanation on how the round commissions are calculated. Minimum Commission: $1
Round commission:
FX Formula:
Commission = Volume value (Lot) × Contract size × Conversion to USD rate × Round commission %
CFD Formula:
Commission = Volume value (Lot) × Contract size × Entry price converted USD × Round commission %
Example on silver account
FX
EURUSD:
If you open a position on EURUSD in 1 lot size, what will the commission be?
• 1 lot EURUSD contract size = 100,000 Euros
• Position volume = 1 × contract size 100,000 × EURUSD converted rate to USD 1.18 = 118,000 USD
• 118,000 × 0.007% (the commission %) = $8.26
You can find the table of commissions below.
AUDUSD:
If you open a position on AUDUSD in 1 lot size, what will the commission be?
• 1 lot AUDUSD contract size = 100,000 Australian dollars
• Position volume = 1 × contact size 100,000 × AUDUSD converted rate to USD 0.72 = 72,000 USD
• 72,000 × 0.007% (the commission %) = $5.04
You can find the table of commissions below.
CFDs
XAUUSD (Gold):
If you open a position on XAUUSD (Gold) in 1 lot size, what will the commission be?
• 1 lot contract size = 100 units (Ounces)
• Position volume = 1 × 100 × entry price 1900 USD converted rate USD 1 = 190,000 USD
• 190,000 × 0.007% (the commission %) = $13.3
You can find the table of commissions below.
DAX30 (Index):
If you open a position on DAX30 (Index) in 1 lot size, what will the commission be?
• 1 lot contract size =10 units
• Position volume = 1 × 10 × entry price 13200 converted rate to USD 1.18 = 155,760 USD
• 155,760 × 0.0040% (the commission %) = $6.23
You can find the table of commissions below.
Example on the silver account
FX
EURUSD:
If you open a position on EURUSD in 1 lot size, what will the overnight commission be?
1 lot EURUSD contract size = 100,000 Euros
Position volume = 1 × contract size 100,000 × EURUSD converted rate to USD 1.18 = 118,000 USD 118,000 ×1.82% ( the commission %) ÷ 360 = $5.97
AUDUSD:
If you open a position on AUDUSD in 1 lot size, what will the overnight commission be?
1 lot AUDUSD contract size = 100,000 Australian dollars
Position volume = 1 × contact size 100,000 × AUDUSD converted rate to USD 0.72 = 72,000 USD 72,000 × 3% (the commission %) ÷ 360 = $6
CADJPY:
If you open a position on CADJPY in 1 lot size, what will the overnight commission be?
1 lot contract size = 100,000 Canadian dollars
Position volume = 1 × 100,000 × 1.31 converted rate to USD (0.76335) = 76,335 USD 76,335 × 3.3% (the commission %) ÷ 360 = $7
CFDs
XAUUSD (Gold):
If you open a position on XAUUSD (Gold) in 1 lot size, what will the overnight commission be?
1 lot contract size = 100 units (ounces)
Position volume = 1 × 100 × entry price 1900 USD converted rate USD 1 = 190,000 USD 190,000 × 2.5% (the commission %) ÷ 360 = $13.19
DAX30 (Index):
If you open a position on DAX30 (Index) in 1 lot size, what will the overnight commission be?
1 lot contract size =10 units
Position volume = 1 × 10 × entry price 13200 converted rate to USD 1.18 = 155,760
USD 155,760 × 3% (the commission %) ÷ 360 = $12.98
The overnight commission is charged from day 1, per day in percentage of position volume from Monday to Friday.
Only on Friday, overnight is charged 3 times.
Table of round commissions
The following table includes the commissions structure at financial asset category
Round Commissions | BRONZE/SILVER | GOLD | PLATINUM | DIAMOND |
Commodities | 0.0100% | 0.0090% | 0.0080% | 0.0070% |
Energy | 0.0100% | 0.0090% | 0.0080% | 0.0070% |
Forex | 0.0100% | 0.0090% | 0.0080% | 0.0070% |
Forex Exotic | 0.0200% | 0.0180% | 0.0160% | 0.0140% |
Forex Minor | 0.0140% | 0.0125% | 0.0110% | 0.0095% |
Indices | 0.0100% | 0.0080% | 0.0070% | 0.0060% |
Metals | 0.0100% | 0.0090% | 0.0080% | 0.0070% |
Shares | 0.0100% | 0.0100% | 0.0100% | 0.0100% |
Spot | 0.0100% | 0.0080% | 0.0070% | 0.0060% |
Crypto | 0.0200% | 0.0180% | 0.0160% | 0.0140% |
The following table includes the Arabian Market’s assets that are excluded from round commissions
Asset Names & Symbols | |
AAYAN.KW | MAADEN |
AD-COMMERCIAL | NCB |
Al.Rajhi | Qareen-Dubai |
ALDAR.AD | Qareen-Kuwait |
Alinma | Qareen-UAE |
Aramco | RIBL |
Boubyan | SABIC |
BSFR | SAMBA |
Bupa.Arabia | SEC |
EmiratesNBD | STC |
ESHRAQ.AD | TADAWUL |
GULF-PETROLEUM.KW | Taqaat-Saudi |
INVESTORS.KW | |
Table of Overnight
The following table includes the annual rates at financial asset category
Overnight | BRONZE/SILVER | GOLD | PLATINUM | DIAMOND |
Commodities | 19% | 15% | 13% | 10% |
Energy | 19% | 15% | 13% | 10% |
ETF | 19% | 15% | 13% | 10% |
Forex | 13% | 10% | 8% | 5% |
Forex Exotic | 24% | 22% | 18% | 16% |
Forex Minor | 19% | 15% | 13% | 10% |
Indices | 19% | 15% | 13% | 10% |
Metals | 19% | 15% | 13% | 10% |
Shares | 19% | 15% | 13% | 10% |
Spot | 19% | 15% | 13% | 10% |
Crypto | 40% | 35% | 30% | 20% |
All aforementioned fees are subject to be changed from time to time depending on market conditions.
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Company Information: This website (www.axiainvestments.com/) is operated by Smarttool Trading SC Limited, a Seychelles investment firm, authorised and regulated by the Financial Services Authority of Seychelles with license number SD034. Smarttool Trading SC Limited is located at Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.
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Smarttool Trading SC Limited and Redpine Capital Limited belong to the same Group of Companies. Redpine Capital Limited is regulated by the Cyprus Securities and Exchange Commission with CIF license number 391/20.
Risk warning: Contracts for difference (‘CFDs’) is a complex financial product, with speculative character, the trading of which involves significant risks of loss of capital. Trading CFDs, which is a marginal product, may result in the loss of your entire balance. Remember that leverage in CFDs can work both to your advantage and disadvantage. CFDs traders do not own, or have any rights to, the underlying assets. Trading CFDs is not appropriate for all investors. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary. Please read our Risk Disclosure document.
Regional Restrictions: Smarttool Trading SC Limited does not offer services within the European Economic Area as well as in certain other jurisdictions such as the USA, British Columbia, Canada and some other regions.
Smarttool Trading SC Limited does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product. Smarttool Trading SC Limited is not a financial adviser.
Secured By SSL. Copyright © Axia Trade. All rights reserved. 2020
Company Information: This website (www.axiainvestments.com/) is operated by Smarttool Trading SC Limited, a Seychelles investment firm, authorised and regulated by the Financial Services Authority of Seychelles with license number SD034. Smarttool Trading SC Limited is located at Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.
Partner company Marketvalley Ltd provides business operation services for Smarttool Trading SC Limited, office address: Archiepiskopou Makariou III, 198 Marinos Court, 1st Floor, Flat/Office 13, 3030, Limassol Cyprus, registration number HE415749.
Smarttool Trading SC Limited and Redpine Capital Limited belong to the same Group of Companies. Redpine Capital Limited is regulated by the Cyprus Securities and Exchange Commission with CIF license number 391/20.
Risk warning: Contracts for difference (‘CFDs’) is a complex financial product, with speculative character, the trading of which involves significant risks of loss of capital. Trading CFDs, which is a marginal product, may result in the loss of your entire balance. Remember that leverage in CFDs can work both to your advantage and disadvantage. CFDs traders do not own, or have any rights to, the underlying assets. Trading CFDs is not appropriate for all investors. Past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary. Please read our Risk Disclosure document.
Regional Restrictions: Smarttool Trading SC Limited does not offer services within the European Economic Area as well as in certain other jurisdictions such as the USA, British Columbia, Canada and some other regions.
Smarttool Trading SC Limited does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product. Smarttool Trading SC Limited is not a financial adviser.
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