Trading Fees
- It is Finotec's policy is to be completely open with its customers and transparent with its pricing.
- Finotec takes streaming prices from many of the worlds' leading banks and aggregates them in our platforms to give clients very tight bid/offer spreads and deep liquidity.
- Customers can just see the real market price and execute at that price without dealing desk intervention.
The fees structure varies according to the product traded:
- For spot foreign exchange, Finotec charges a $/per 1 lot USD traded fee that can be either debited from the client account on a trade by trade basis or can be charged via a total spread representing the charge of the fees.
I. Trading Flat Fees
| Account Type | Comission per 1 Lot USD | Account Equity |
|---|---|---|
| Mini | 15 | 200$-1,000$ |
| Standard 1 | 10 | 1,100$-5,000$ |
| Standard 2 | 7.5 | 5,100$-50,000$ |
| Standard 3 | 6.5 | 50,500$-100,000$ | VIP | 5.5 | Above 100,000$ |
II.Promotion Rebate
|
x Monthly Trading Volume | Fee Rebate |
|---|---|
| x > 100 million USD | 5% |
| 100 < x < 249 million USD | 7.5% |
| 250 < x < 499 million USD | 10% |
| 500 < x < 999 million USD | 15% |
| x > 1 billion million USD | 20% |
III. Dealer Fee (+15%):
When the transaction is done over the phone through the Dealing room there is an extra commission of 15% on the above table.
IV. Admin fee
20$ monthly admin fee will be charged in case if no trading activity in client account for the last 30 days.
