Spread-based accounts
Trading cost is primarily incorporated into the quoted bid–ask spread.
Transparent cost framework
Spreads and commissions
Understand the trading costs that can apply before, during and after a Forex or CFD position.
Variable spreads Account-based pricing Overnight costs
Trading leveraged products involves significant risk.
Your total trading cost
Look beyond the headline spread.
The cost of a trade can include the bid–ask spread, account commission, overnight financing, currency conversion and price slippage.
Spreads are variable. They can widen when liquidity is lower, at market open or close, during rollover and around unexpected or scheduled news.
- Spread: difference between bid and ask
- Commission: separate transaction fee on eligible account types
- Swap or charge: potential overnight holding cost
- Conversion: applied when account and settlement currencies differ
- Slippage: difference between requested and executed price
Account pricing
Spread-based and commission-based structures
Choose by expected total cost, strategy and account eligibility—not by spread alone.
VIP account
Raw-market pricing is paired with a separate commission of $5 each side per lot under the stated account specification.
Overnight positions
Swap, triple-swap days or a charge may affect positions held through rollover.
Illustrative example
How spread affects an opening position
This simplified example excludes commission, swap, conversion and slippage.
| Example | Bid | Ask | Spread | Immediate effect |
|---|---|---|---|---|
| EUR/USD | 1.08500 | 1.08520 | 2.0 pips | A buy opens at the ask while its current closing reference is the bid |
| Gold CFD | 2,410.20 | 2,410.60 | 0.40 | The instrument specification determines the monetary value |
Illustrative prices only. Live quotes and contract size in MT5 determine actual cost.
Why spreads change
Liquidity and volatility are not constant.
Market depth can reduce around session transitions, holidays, news and sudden events. Stop orders can therefore execute away from the requested level.
Read execution policyRolloverDaily funding and lower liquidity can affect quoted prices.
Economic releasesRates, inflation and employment data can increase volatility.
Market holidaysReduced participation can widen spreads and increase gaps.
Unexpected eventsGeopolitical or company news can move prices immediately.
Questions answered
Pricing questions
Calculate the full cost of the position you intend to hold.
Are spreads fixed?
No. Starting spreads are not a guarantee. The live bid and ask shown in MT5 determine the spread at that moment.
What does “ultra-low competitive” mean?
It means the spread can reach that level on eligible instruments and accounts under suitable liquidity; it does not mean every quote is zero.
How is commission calculated?
Commission is normally linked to lot size and account type. Confirm the account-currency conversion and whether the rate is per side or round turn.
When is swap charged?
Financing is generally applied at the daily rollover cut-off, with a larger multi-day adjustment on a designated weekday for weekend settlement.
Does a stop-loss guarantee the exit price?
No. A stop-loss becomes an order when triggered and can be filled at the next available price during a gap or fast market.
Compare pricing before opening an account.
Review spreads, commission, leverage and holding costs together, then confirm live specifications in MT5.