Our Fees and Charges

Global Trade is completely free of any hidden fees. Global Trade primarily profits through spreads. For more information, please refer to: "Do you charge any trading fees?"

We are committed to providing the best trading conditions and cover most payment processing fees.
In very rare cases, you may be responsible for fees when depositing or withdrawing funds from your Global Trade account. These fees are determined and charged by your payment issuer or bank (not by Global Trade).

Third parties may charge fees to your account in the following situations:

• International Credit Cards - When transactions are processed through a foreign (non-local) acquirer.
• Bank Account Transfers In/Out - When transferring funds from your account to Global Trade, or from Global Trade to your account.
• Foreign Currency Conversion - When the selected payment method does not support the currency you wish to deposit.

Global Trade's primary source of revenue for the services it provides is through "market spreads". For example, when a customer trades EUR/USD forex, the buy price might be 1.3128 while the sell price is 1.3126 (in this example, the market spread is 2 pips). Other service providers may charge additional commissions per trade; a key difference with Global Trade is that it is completely commission-free.

However, under specific circumstances, the following additional fees may apply:

Overnight Funding - When a position is held open past a certain time ("Overnight Funding Time"), a credit or debit is applied to your account.
The Overnight Funding Time and the daily overnight funding percentage can be viewed via the "Details" link next to the instrument name on the platform's main page.

Currency Conversion Fee - For all trades on instruments denominated in a currency different from your account's currency, Global Trade charges a currency conversion fee.
The current currency conversion fee is up to 0.7% of the trade's realized profit/loss and is reflected in real-time in the unrealized profit/loss of open positions.

Inactivity Fee - If you do not log into your trading account for at least three months, a fee of up to $10 per month will be charged. Starting from that point, this fee will be charged monthly for each subsequent month without a login. The inactivity fee will be equal to the remaining available balance in your account or $10 (or equivalent in account currency), whichever is lower. Please note, this fee is only deducted from real money accounts and only when there are sufficient funds. To avoid this fee, simply log into your account periodically within any three-month period; logging in is considered account activity that resets the inactivity period.

Guaranteed Stop Order - This feature ensures your position (trade) is closed at a predetermined price level you set, but typically comes with a wider spread for such trades. For more details, please read the FAQ section on "Trading" → "What is a Guaranteed Stop Order"

* For further information regarding fees, please consult our User Agreement.

Overnight funding is credited or debited to your account when a position remains open after a specific cut-off time (the "Overnight Funding Time").

The formula for calculating the daily overnight funding is:

Trade Size * Opening Price * Point Value * Daily Overnight Funding Percentage

When trading stock CFDs, the formula is:
Trade Size * Daily Closing Price * Point Value * Daily Overnight Funding Percentage, where the Daily Closing Price is the average of the last quote [(Buy + Sell)/2] 30 minutes before the Overnight Funding Time (e.g., if the Overnight Funding Time is 22:00, we use the last quote at or before 21:30).

The Overnight Funding Time and the daily overnight funding percentage can be viewed via the "Details" link next to the instrument name on the trading platform's main page. For more information about charges, please read "Do you charge any trading fees?"