What is the commission/fee for trading? How is it calculated? Is the fee charged when opening a position or when closing a position?

There are two types of commissions which can be charged when trading with ForexClub.

• The fee for completing a transaction is charged when a position is opened.

• The fee for holding a position overnight.Overnight fees can be positive or negative and are calculated daily at 21:00 GMT.

• For cryptocurrency pair trading, the overnight fee charged from Wednesday to Thursday is three times the usual amount. For CFD trading, the overnight fee charged from Friday to Monday is three times the usual amount.

For a complete list of trading instruments and fees, please refer to the ‘Instrument Specifications’ section.

Please note that in the MetaTrader terminal, transaction commissions are charged at closing time.