CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

# 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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