Commissions for forex trades are calculated off the trade value and then converted and charged to the base currency of the account
* 1 basis point = 0.0001
|basis point* of trade value||minimum per order|
Our tight spreads and substantial liquidity are a result of combining quotation streams from 14 of the world’s largest foreign exchange dealers which constitute more than 78% of the market share in the global interbank market **. This results in displayed quotes as small as 0.1 PIP.
Trademate passes through the prices that it receives and charges a separate low commission. We do this in the interest of providing a transparent pricing structure instead of marking up our quotes and charging nothing in commissions as is the practice with many forex brokers.
** Source: Euromoney FX survey FX Poll 2015: The Euromoney FX survey is the largest global poll of foreign exchange service providers.