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
