Our Commission Schedule

LatentX ECNpro and PRIME account holders will be subject to the
following commission charges for access to Razor Sharp Raw
pricing and Institutional Liquidity

The volume commission will be charged in your accounts base currency for every executed
trade, and is expressed per 1 standard lot traded per side (see the table in the side bar for
more info).

To calculate Round turn fees (Buy & Sell) multiply the commission by two.





CLASSIC & ECNpro Accounts

Multiple asset classes with our without commissions



LatentX
CLASSIC
LatentX
ECNpro
SPOT FX    none $3.50
METALS    none $3.50
INDICES    $0.50 $0.50
OIL    none none
US EQUITIES    0.05% 0.05%




PRIME Accounts

Offering tailored FX liquidity and Post Trade transparency

Our prime account is for high volume professional traders, we offer a competitive multi-tier commission structure. The following commission bands are applicable to each calendar months executed trading volume.


LatentX
PRIME
0 - 2,500 lots (0 - 0.5 $billion)    $3
2,500 - 5,000 lots (0.5 - 1 $billion)    $2.5
5,000 - 25,000 lots (1 - 5 $billion)    $2
25,000 lots + (5 + $billion)    Negotiable

Account types

> Click here to learn more about our
   Account Types



Lot Size Calculations

Lot Size USD ($) Value
0.01 1,000
0.1 10,000
1 100,000
10 1,000,000
100 10,000,000

The above table lists the standard lot size equivalents in USD ($) value

> For example, when trading 1 standard lot
   you are effectively controlling $100,000.
   Which depending on the amount of
   leverage employed, sets your initial
   Margin level

> Click here to learn more about Margin
   and Leverage

> Click here to view the minimum Margin
   requirements per instrument



Alternative Base Currency FX Commissions

On MT4, for trading accounts denominated in any other base currency except USD, please see the following table for the equivalent commission. On cTrader, trading accounts not denominated in USD will have the USD equivalent charged based on the conversion rate in the platform.



Swaps / Financing Costs

The overnight financing amount is either added to or subtracted from your account whenever a position is left open after a certain cut-off time (the “Overnight Financing Time” , 22:00 GMT + 1).

The formula used to calculate the daily overnight financing amount of a position is:

Trade Size * Opening Rate * Daily Overnight Financing %

The overnight financing time and the daily overnight financing percentage can be found in the “contract specifications” table for each instrument available on the trading platform.