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How is commission on pro.ecn.mt4 and ecn.mt5 accounts calculated?

Here is the formula you can use to calculate the amount of commission you will pay trading on PRO.ECN accounts (USD is used in the example):

Commission = (Contract Size × USD-to-base-currency Exchange Rate / 1,000,000) × 16 USD × 2

Let’s see how much you will pay in commission on a hypothetical trade for 1 lot of EURUSD:

  • Trading Instrument: EURUSD
  • Trade Volume: 1 lot
  • Contract Size: 100,000 EUR
  • EURUSD Rate When Position Opened: 1.33470

Just plug in the numbers:

Commission = (100,000 × 1.33470 / 1,000,000) × 16 USD × 2 = 4.27 USD

Attention:

  • For pro.ecn.mt4 accounts commission is taken only when a position is opened, accounting for both the opening and the closing of the position.
  • For ecn.mt5 accounts, commission is taken separately from the trading account balance for the opening and the closing of a position.
  • The value of 16 USD is calculated based on the par value of a position equal to $1,000,000. For CFD instruments in cryptocurrencies, a similar commission is 0.01% of the transaction volume in the base currency.
  • If your account is denominated in EUR or RUR, your commission will be converted into USD at the current exchange rate in MetaTrader.
  • The transaction fee for the SPX500 instrument is 16 USD, based on the nominal value of the position, which is equal to 100,000 USD.
  • Commissions for cryptocurrency CFDs on ECN.MT5 accounts are charged according to the table below:

# MT5 Name Commission % Min Commission Charge, USD
1 Bitcoin -0.10% -0.01
2 Ethereum -0.10% -0.01
3 Tether -0.10% -0.01
4 Cardano -0.20% -0.01
5 Ripple -0.35% -0.01
6 Dogecoin -0.40% -0.01
7 USD Coin -0.10% -0.01
8 Polkadot -0.20% -0.01
9 Uniswap -0.20% -0.01
10 Bitcoin Cash -0.40% -0.01
11 Solana -0.10% -0.01
12 Chainlink -0.20% -0.01
13 Litecoin -0.40% -0.01
14 Ethereum Classic -0.30% -0.01
15 Polygon -0.40% -0.01
16 Stellar -0.50% -0.01
17 Filecoin -0.10% -0.01
18 Dai -0.10% -0.01
19 TRON -1.00% -0.01
20 Monero -0.10% -0.01
21 Aave -0.10% -0.01
22 EOS -0.50% -0.01
 

23

 Shiba Inu  -2.00%  -0.01

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