# FAQ

### Calculations

##### What are your commission fees on accounts?

Commission is applied only on our Advantage MT4 account and the Advantage MT5.

Advantage MT4: Commission is charged at 4 units of the Base currency and the conversion rate to the trading account’s currency (if applicable).

Example:

If your account is in USD.

If you trade 1 lot USD/JPY. Commission will be \$4.00

If you trade 1 lot EUR/USD. Commission will be 4.00 EUR * (exchange rate) 1.10873 = \$4.43

If your account is in EUR:

You trade 1 lot EUR/USD. Commission will be EUR 4.00

If you trade 1 lot USD/JPY. Commission will be \$4.00 / (exchange rate) 1.10873 = 3.60 EUR

Advantage MT5: Commission is fixed at \$4, which is \$2 when you open a position and \$2 when you close it.

##### How is my trading account equity calculated?

Equity = Balance + Credit + Profit/loss + Swap + Commission

##### How can I calculate margin?

Margin = Notional value / Leverage

Example: 1 lot EUR/USD at 1:500 Leverage:

100,000 EUR / 500 = 200 EUR

For metals = Volume * Contract Size * Open Price / Leverage

Example: 1 lot XAUUSD: 1 * 100 * 1,263.14 / 500 = \$252.63

For shares = Volume * Contract Size * Open Price * Margin %

Example: 1 lot AAPL: 1 * 100 * 42.96 * 0.04 = \$171.84

##### How can I calculate my free margin?

Free Margin = Equity – Used Margin

##### If margin is shown in percentages, what is the equivalent leverage?

0.25% = 400:1

0.50% = 200:1

1% = 100:1

2% = 50:1

3% = 33:1

5% = 20:1

Please note that the margin requirements for indices and commodities are fixed as per the contract specifications.

##### How is the margin level calculated?

Margin Level = Equity/Margin Used x 100

You can also calculate your margin level using our Margin Calculator.

##### How can I calculate swaps?

Swaps = Pip value x Number of lots x Swap rate x Number of nights

Example:

\$10 (pip value for 1 lot of GBP/USD) x 4 (number of lots) x 0.35 (short GBP/USD) x 4 (number of nights) = \$56 swaps

Pip values can be found in our Contact Specifications page.

##### How do I calculate the value of a pip?

0.0001 or 0.01 x notional value (depends on the currency – 4th decimal for 5 decimal currencies and 2nd for 3 decimal currencies)

Example: 1 lot of EUR/USD

0.0001 x 100,000 (1 lot= 100,000) = 10 USD.

Alternatively, you can find the value of a pip using our Pip Calculator.

Please note that pip value is always denominated in the quote currency. You can find all information on our Contract Specifications page.

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