The Advantage account offers spreads from 0 and includes commission fees.
The same pricing structure is on both MT4 and MT5 platforms, however there is a difference in how the commission is applied.
- Advantage MT4: The full round-turn commission (open + close) is charged upfront when the trade is opened.
- Advantage MT5: Commission is split into two parts — one charged when opening the trade and the other when closing it.
Trading Commission Structure
- Forex (FX) Pairs
- $3.50 per lot per side, totaling $7 per round turn.
- Spot Metals
- $25 per million in notional value.
- Indices & Commodity CFDs
- $35 per million in notional value.
- Cryptocurrency CFDs
- 0.03% of the total notional trade value.
- Stock CFDs (Advantage MT5 only)
- $0.02 per side per lot traded (1 share = 1 lot).
- ETF CFDs (MT5 only)
- $0.01 per side per lot traded.
Note
If you prefer simpler, commission-free pricing with trading costs included in the spread, then try the Advantage Plus account.
How to calculate commission for different instruments on Advantage MT4 account?
For MT4 accounts, commission is applied once for both opening and closing trades. Therefore, you only need to know the opening price to calculate the commission. Let's go ahead and explore further examples.
Commission for Advantage MT4 = (Open Price x Lots (vol) X Contract Size) X 2 X Commission / 1,000,000
FX Currency Pairs
For currency pairs, commission is fixed at $ 3.5 per lot traded. For example, if you open 2.5 lot of EURUSD for 1.0772: Commission = 2.5 (lot) * 3.5 (commission) * 2 (round turn) = $17.5
In another example, if you open 0.6 lots of EURUSD for 1.0772, the commission will be calculated as follows: Commission = 0.6 (lot) * 3.5 (commission) * 2 (round turn) = $ 4.2
Spot Metals
Spot Metals Commission is charged at $25 per million notional value traded. To calculate use the following formula.
For example, if you open 1 lot of XAUUSD for $ 2274, Commission = (2274 (open price) * 1 (lot) * 100 (Contract Size))* 25 (commission) * 2 (round turn) / 1`000`000 = $ 11.38
Indices
If you open 1 lot of US500 for $ 5202,
- Commission = (5202(open price) * 1 (lot) * 1 (Contract Size))* 35 (commission) * 2 (round turn) / 1`000`000 = $ 0.36
How to calculate commission for different instruments on Advantage MT5 account?
In MT5 accounts, a commission is charged twice: once upon opening a trade and again when closing it. To calculate the commission on an MT5 account, you need to be aware of both the opening and closing prices.
Commission for Advantage MT5 = ((Open Price x Lots (vol) x Contract Size) X Commission / 1,000,000) + ((Closing Price x Lots (vol) X Contract Size) x Commission /1,000,000)
FX Currency Pairs
For Currency Pairs, the commission is fixed at $ 3.5 per lot traded.
If you open 1 lot of EURUSD for 1.077, Commission = 1 (lot) * 3.5 (commission) * 2 (round turn) = $7
If you open 0.6 lots of EURUSD for 1.0772, Commission = 0.6 (lot) * 3.5 (commission) * 2 (round turn) = $4.2
Spot Metals
Spot Metals Commission is charged at $25 per million notional value traded. To calculate use the following formula.
Let's take a look at the example, if you open 1 lot of XAUUSD for $ 2274, and then close your order at the XAUUSD price of $ 2350 commission calculation will look as follows:
Commission = (2274 * 1 * 100 * 25 / 1`000`000) + (2350 * 1 * 100 * 25 / 1`000`000)= $ 11.57
Indices
Commission for Indices is charged at $35 per million notional value traded. To calculate use the following formula. If you open 1 lot of US500 for $ 5202 , and then close your order at the US500 price of $ 5400, the commission calculation will look as follows:
Commission = (5202 * 1 * 1 * 35 / 1`000`000) + (5400 * 1 * 1 * 35 / 1`000`000)= $ 0.37
Stocks CFD
Commission for Stocks is charged at $0.02 per side/lot (1 share = 1 lot) on Stock CFDs. If you open 1 lot of GOOGLE for $154.3, and close price with $156.6, then commission will be:
Commission = (1 * $ 0.02) + (1* $ 0.02) = $ 0.04