Forex funding fee

You don’t need to pay overnight funding for futures or forwards, because we build that cost into the spread.

Free forex bonuses

Short a stock using a CFD, and you’ll pay an annualised borrow fee (market borrow rate + 0.5% administration charge).

Costs and charges

See your opportunity, trade it for less. Get spreads from 1.2 point on the germany 30 and FTSE 100 on 1-point spread, and US crude spreads from just 2.8 points.

Find out more about what you’ll pay for your trading, and why, here.

Call +41 (0) 58 810 77 42 to talk about opening a trading account. We’re here from monday to friday from 9am to 6pm.

Start with lower minimums

Enjoy reduced minimums for two weeks
when you begin trading with IG bank.

How much does it cost to trade with IG bank?

Opening an account is free, and our charges are competitive. Trade spreads from 0.6 points on key FX pairs like EUR/USD, 1 point on major indices like the germany 30 and FTSE 100, and 0.3 points on spot gold.

Find out below exactly what costs are involved with cfds, and what we charge for them.

How much does it cost to trade with IG bank?

Trade spreads from 0.6 points on key FX pairs like EUR/USD, 1 point on major indices like the germany 30 and FTSE 100, and 0.3 points on spot gold. Find out below how much a spread bet or CFD trade opened and closed on the same day will typically cost you.

Market	*IG (long or short)**	plus 500 (long or short)	CMC (long or short)
dow DFB	£1.60	£2.00	£1.60
FTSE DFB	£1.00	£1.80	£1.00
germany 30 DFB	£1.00	£1.10	£1.00

*IG indices costs are based on in-hours main session spreads, with a trade size of £1 per point.

Market	*IG (long or short)**	plus 500 (long or short)	CMC (long or short)
EUR/USD DFB	£0.60	£0.60	£0.70
GBP/USD DFB	£0.90	£1.10	£1.00

*IG forex costs are based on our minimum spreads, with a trade size of £1 per point.

Market	*IG (long or short)**	plus 500 (long or short)	CMC (long or short)
US crude DFB	£2.80	£8.00	£3.00
gold DFB	£0.30	£0.40	£0.30

*IG commodities costs are based on our fixed spreads, with a trade size of £1 per point.

Market	*IG (long or short)**	plus 500 (long or short)	CMC (long or short)
apple DFB	£1.89	£3.00	£5.00
barclays DFB	£0.15	£0.40	£0.40

*IG share costs are based on the percentage commission we charge, with a trade size of £1 per point. These costs are based on an apple market price of 21761, and a barclays market price of 154.39, as on 31 june 2019.

Market	*IG (long or short)**	plus 500 (long or short)	CMC (long or short)
bitcoin DFB	£38.00	£45.00	£37.00

*IG cryptocurrency costs are based on our minimum spreads, with a trade size of £1 per point.

A breakdown of our trading costs

When you trade on leverage, there’s one direct charge that you’ll need to consider – the spread, or a commission in the case of share cfds. You’ll also want to keep your eye on some other potential charges and factors which could influence how much your trading costs.

For every shares CFD trade, you’ll pay a commission instead of a spread.

Overnight funding is the charge you pay for keeping cash CFD positions open past 11pm swiss time; we’ll make an interest adjustment to your account to reflect the cost of funding your position.

You don’t need to pay overnight funding for futures or forwards, because we build that cost into the spread.

You’ll pay a small fee if your guaranteed stop triggered, called the premium. For CFD positions on shares, for example, this is 0.3% of the underlying transaction value.

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Short a stock using a CFD, and you’ll pay an annualised borrow fee (market borrow rate + 0.5% administration charge).

You can choose to pay for extra services to support your trading, like direct market access, advanced charting packages, live data streams and more.

Cfds are leveraged, so when you open a trade you only need to pay a portion of its full value up front. This deposit is called the margin, and the percentage you pay can make a big difference to the affordability of your trading.

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‘slippage’ is the term for when your order is executed at a different price to the one you requested. Slippage on stops means you could lose more than expected, while slippage on limits means that you may profit more than expected.

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Profit forex signals funding program

10000 monthly pips, 90% accuracy, myfxbook verified. Outstanding performance, up to 300% profit per month.

Become FOREX FUNDED trader.

No subscription fee. One time refundable payment.

PROFIT SHARE 70/30.

PROFIT SHARE 70/30 starting from second phase, in first phase we do not share profit with you.

Join our forex funding program and start making money.

We provide proper assistance to our members regarding to essential matters such as the timing of placing any entry (buy/sell), when to rake in higher revenue and when a loss is expected. This is to ensure that our clients enjoy the best forex signals services with least risks.

Start with $200 000 REAL ACCOUNT

No subscription fee. One time refundable payment. Payment for application will be refund to you, with your first payout.

Profit forex signals has a world-renowned reputation for funding and backing profitable traders, we have always considered ourselves to be at the cutting edge of our industry. We trade on all major asset classes on multiple exchanges with our own capital. By becoming a member of the team, you become part of our success.

You believe that you are excellent trader but you lack of funds or simple do not want to risk own funds. No worries at all, we are looking for highly talented traders and we will give you $100 000,00 account in REAL trading environment. We cover loses and we share profit with you. Profit share come from second phase, in first phase we do not share profit with you, we keep everything. Trading with us means never risk any of your money. You will not be liable to any loses either. We take a full risk from day one. We double the size of funding trading account, from second phase every time when you reach 10% profit.

So you can keep 70% profit while we will take 30% profit share. We cover loses! Profit share come from second phase!

TRADE WITHOUT RISK!

MONTHLY PROFIT PAYOUT!

Never wait to reach your XY% profit to get paid. Instead, you will get paid for any profit % you make in any given month without affecting your account growth.

How it works ?

Very simple, there is just two phases what you need to pass and that is all. Phase one вђ“ SHOW US YOUR SKILL and phase two SHOW YOUR MIGHT!

PHASE ONE вђ“ SHOW YOUR SKILL!

Show us your skill. Prove that you can make profit from trading. Demonstrate us that you have winning strategy. Show us that you can manage risk. Earn forex funded trading account! You will get from us an account in real trading environment (from one of our partner broker) in which you will trade. Show us that you are able to trade and if you become our funded trader we will double your account from next month. There is only few simple rules what you need to follow and that is all.

We give you one month to become our funded trader.

Phase one is 30 days. We believe that it is enough to prove your self and become trader for one of most famous forex provider.

Rules what you need to follow:

Test phase

$100 000 trading account

1:33 leverage

15% or $15 000 maximum drawdown

$5 000 daily losing limit

10 lots maximum per trade

$15 000 target goal

$200 000 trading account in second phase

Each 10% profit in second phase, will double your account up to $3,2mil.

Payout&refund proffs find HERE.

PHASE TWO вђ“ SHOW YOUR MIGHT!

If you enter in phase two means that you passed our verification process. Verification process is to meet all condition from phase one and to be approved by our team. After you are approved we will sign an agreement about mutual cooperation. So congratulation you are now our funded trader. All trading rules keep same from phase one, so BRING PROFIT TO US AND YOU! Monthly profit payout. We will refund you your application fee during your first payout. Each month till 5th in month you will receive your profit. If you decide to compound profit, no problem, we will surely take out our profit share.

Application fee will be refunded during first payout!

Rules what you need to follow:

By submiting payment you agree with all our terms of service, you can read full terms HERE.

Stop trading small accounts

The world’s best subscriptions based FX trading solution. Fundisus provides all participants with funded accounts to access the spot market.

Who are we?

Fundisus is a revolutionary proprietary trading solution. Fundisus has years of industry knowledge and makes use of cutting-edge proprietary trading techology; thus, we are on active trading firm which understands the needs of traders in the market.

We offer $50,000 to start trading forex market with

Traders are compensated on a profit split basis only.

Our funded accounts are EA compatible

Fundisus

Let us tell you more

Your personal liability is limited to your subscription payment.

As all funding is provided by the firm, traders do not risk any of their own trading capital. Even if losses are incurred, the firm will still bear the costs. There are no other trading accounts available that offer this trading opportunity. Use a real account instead of a practice trading account. Preserve your own capital when speculating in FX trading.

Why choose fundisus?

Anyone can trade forex with a capital now.

4 easy steps

Data collection

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Guaranteed ROI

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Always online

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All professional traders start with a $50K trading book, regardless of their background, experience or track record. We give all our traders an equal opportunity to prove themselves as a profitable trader, or have artificial intelligence trading software manage their account hands-free. Profit withdrawals of 5% blocks are independent from the growth targets of 10%.

If you can make a 10% return on your $50K trading book – growing your account to $55k – we will double your initial funding to $100k, or $105k net. The 10% amount of $5k must be maintained in the account and may not be withdrawn. This is independent of any 5% profit withdrawals. Traders have to separately maintain the 10% for the growth target.

If you can make another 10% return on your $100K trading book – growing your account to $115k net – then we will double your account value once again, up to $200k, or $215k net. Again, the $15k amount must be kept in the account.

For the final stage, you must make 10% once again on your $200K trading book, giving you a net of $235k. If you can succeed here we will allocate $1million to you and you will have the opportunity to interview for a fund manager position.

Forex t4tcapital trading programme how it works

$25,000 – $50,000 – $100,000

Single signup fee – no subscription!
Unlimited time to reach profit target!

TRADE FOREX, EQUITY INDICES, GOLD & OIL

How it works

Find out how our t4tcapital trading programme can work for you.

Trading rules

The key to success is understanding the rules of engagement.

All your questions answered. Use the webchat at the bottom for support.

Reset account

In the dreaded draw down or breached a limit – you can reset here.

Forex t4tcapital™ trading programme

Anyone can get funded!

GET FUNDED
HOW IT WORKS

Our forex t4tcapital™ trading programme has been created for everyone, whether you are new to trading or a veteran trader that wants to trade the foreign exchange market without risking their own capital. If you have never traded forex before we highly recommend taking our diploma in professional forex trading, our foundation online forex trading courses or one of our in-person fast track forex workshops, where you will get a USD$100,000 practical assessment included and an easy guide to passing the practical assessment. If you are a seasoned forex trader then you simply select the account size you wish to trade and get started straight away.

PROVE YOU CAN TRADE

Prove you can trade by reaching our profit targets without breaking our rules of engagement.
It’s that simple!

TRADE OUR ACCOUNTS

Once you have passed the practical assessment you will then be allocated one of our accounts to trade and start making up to 80% of your profits.

PROVE YOU CAN TRADE

Account selection and pricing for the assessment stage

Select a suitable evaluation account. This account will be a demo account trading with virtual money. Choose wisely as this account will be the same account you are funded with if you successfully pass the assessment. To pass the assessment you simply need to comply with the ‘rules of engagement’ and reach the specified profit target for the account size chosen. There is no time limit.

No monthly subscription – no time limit to achieve the profit target – no complicated rules

Select your practical assessment:

$100,000 account parameters

starting balance:	$100,000
profit target:	$10,000
weekly loss limit:	$2,000
maximum loss limit:	$4,000

ONE PAYMENT – NO MONTHLY SUBSCRIPTION

USD$350

UNLIMITED TIME TO ACHIEVE YOUR PROFIT TARGET

$50,000 account parameters

ONE PAYMENT

USD$250

$25,000 account parameters

ONE PAYMENT

USD$199

Understand the basic rules

Drawdown limits

Weekly loss limit

At the commencement of your practical assessment, the weekly loss limit is set at:

$500 for the $25,000 account

$1,000 for the $50,000 account

$2,000 for the $100,000 account

The purpose of the weekly loss limit is to protect last week’s profits. The weekly loss limit remains static from the monday open until the friday close of trading. At the end of each trading week, the weekly loss limit is re-calculated on the account balance at 5 pm new york on friday. On the monday open, the weekly loss limit is reset according to your new balance. The weekly loss limit stays in play throughout the lifecycle of the trading account.

If you hit or exceed the weekly loss limit, with either realized or unrealized P/L at any time during the trading week, (monday to friday) your account will be disabled. Any open trades may not be auto-liquidated; however, you will become ineligible for funding. To continue with the opportunity for funding, your practical assessment account requires a reset.

The weekly loss limit stays in play throughout the lifecycle of the trading account.

Maximum loss limit

T the commencement of your practical assessment, the trailing maximum loss limit is set at:

$1,000 for the $25,000 account

$2,000 for the $50,000 account

$4,000 for the $100,000 account

The purpose of the trailing maximum loss limit is to protect your overall profits. The trailing maximum loss limit (as the name implies) trails your highest account balance throughout the practical assessment. If you add profits, the maximum loss limit also moves higher. If you have lost money, the trailing maximum loss limit remains the same as the previous day.

If you hit or exceed the trailing maximum loss limit at any time, with realized or unrealized losses, your account will be disabled. Any open trades may not be auto-liquidated; however, your account will become ineligible for a funding. To continue with the opportunity for funding, your practical assessment account requires a reset.

Trading rules

Maximum aggregate trade size

The maximum ‘aggregate’ trade size is the aggregate of all open positions and all pending orders.

Note: the maximum trade size depends on what account you selected (see table above). You can trade the maximum trade size from the outset.

If you want to leave pending orders and you already have open positions, then you must ensure that the sum of all open positions plus potential pending orders does not breach the maximum position size.

Example: $100K account has maximum trade size of 10.0 lots

If a trader has 5.0 lots in open positions and has 7.0 lots of pending orders this is a breach of the maximum trade size rules because the aggregate of all open and pending orders is 12.0 lots.

A stop-loss order must be attached to every open position or pending order

Every time you open a position or place a pending order in the market it must have a valid stop loss attached to it!

Why pending orders? Because the entry order could be triggered and with no stop loss attached that could result in the entire account being lost.

Your stop-loss orders cannot exceed your available limits

Your stop loss order, if triggered, must keep your account balance above your current available drawdown limits, whether that be the weekly loss limit or the trailing maximum loss limit. This is known as a ‘valid stop loss’ order.

If your stop loss orders on your open positions or pending orders are ‘not valid’ then your account is automatically in breach of the rules.

For example: if you only have $1,000 available on your maximum drawdown limit then opening a position with a stop loss that would generate a $5,000 loss if hit, is not acceptable. It is ‘invalid’ and would be an immediate breach of the rules even if the open position is in profit!

If you have multiple positions, the cumulative sum of all stop-loss orders must not exceed your current available drawdown limits.

If you do not have a valid stop loss order attached to your open positions your practical assessment will be suspended immediately regardless if your position is in profit or loss and you will need to be reset to be eligible for funding.

If you breach this rule with a live t4tcapital account, your account will be closed immediately, and your outstanding profits will be split according to the profit share.

Example of a valid stop loss order:

Let’s say you have a $2,000 drawdown limit available.

You open a 10 lot position on EURUSD with a 20 point stop loss. If the stop loss is hit the account will lose $2,000.

That’s right on the drawdown limit. That is OK.

Example of an invalid stop loss order with one position:

Let’s say you have a $2,000 drawdown limit available.

You open a 10 lot position on EURUSD with a 25 point stop loss. If the stop loss is hit the account will lose $2,500.

That’s $500 more than the drawdown limit. This is a breach!

Example of an invalid stop loss order with multiple position:

Let’s say you have a $2,000 drawdown limit available.

You have 4 open positions of 2.5 lots on EURUSD with a 30 point stop loss on each. Each stop-loss equates to a $750 loss if it is triggered.

If all stop-loss orders are hit the account will lose $3,000. (4 x $750 = $3,000)

That’s $1,000 more than the drawdown limit. This is a breach!

As soon as our team identifies you have overexposed the account your practical assessment will be suspended immediately.

All open positions must be closed & any pending orders cancelled before 7 pm GMT friday

You are not permitted to hold positions over the weekend. All positions need to be closed out no later than friday 7.00pm GMT/UTC.

If you have an open position over the weekend you will require a reset to continue to be eligible for funding.

You are permitted to trade at all other times except if T4T management halts all trading due to ‘unforeseen highly volatility international events’. In this case, T4T management will notify you directly about the trading halt.

If you breach any rules or drawdown limits you need to pay a reset fee to continue trading

If you breach any rules or drawdown limits, you’ll need to reset your trading account to continue to be eligible for funding. The reset costs $199 and your account will be reset to its starting balance regardless of your account balance at the time of the breach.

We expect our traders to be honest. Once a trader hits a profit target our team will be reviewing all trading activity prior to funding the accounts.

If we find backdated rule breaches your account will be ineligible for funding. So, it makes sense if you breach any rules, notify our team straight away and reset your practical assessment. It will save a lot of heartache by having you make the profit targets only to be informed that your practical assessment account needs to be reset.

Pricing & fees

What is a spread?

When a price for a market is quoted, you will actually see two prices. The first price, known as the bid, is the sell price and the second price is the buy price, known as the offer. The difference between the sell and buy price is called the spread.

Where can I find my cost per trade?

Information about your ‘cost per trade’ is made available directly on the trading platform under “trade history”. Cost per trade is comprised of spread cost and commissions. The ‘spread cost’ value displayed on the platform, is the “mid-point spread cost” as defined by NFA.

Metatrader 4 - information about your ‘cost per trade’ is made available directly on the trading platform under the ‘account history’ tab. ‘cost per trade’ is also available in a report available on the MT4 platform. To access the report of your spread cost, click on the ‘company’ tab on MT4 and then ‘cost per trade’ from the list of links on the left side of the window. The ‘spread cost’ value displayed on the platform, is the “mid-point spread cost” as defined by NFA.

How is my spread cost calculated?

The NFA defines spread cost based on the “mid-point spread cost.” in typical market conditions, this is the difference between the rate at which your order was executed and the mid-point of the bid/offer spread at the time your market order was received. Keep in mind that conditional orders become market orders once they are triggered. Mid-point spread cost typically reflects the cost of your trade outside of any commissions.

During extreme market conditions, the time period from when a market order is received as compared to when the order is ultimately executed may increase. This increase in time period can result from many factors including but not limited to: market volatility, available liquidity, pre-trade available margin check, and price validation etc.

The potential delay in order execution during extreme market conditions may cause wide variations of your spread cost at time of execution measured as the difference between bid/offer vs. The mid-point at time of execution. For example, these variations may result in a smaller than normal cost figure, or even a positive cost figure, in the case of limit orders filled at a better rate than the rate at which your limit was triggered. Conversely, these variances may reflect a larger than normal cost if your stop order rate was executed worse than the rate at which it was ultimately triggered. As noted above, these variations can result from many factors, including but not limited to market volatility, available liquidity, pre-trade available margin check, and price validation, etc.

Are there any data exchange fees associated with forex trading?

FOREX.Com does not charge data exchange fees. However, you may incur a financing/rollover charge if you hold your positions overnight. Learn more about rollovers.

What is a financing/rollover fee?

Financing fees, also known as rollovers, are charges that you pay in order to hold a position open overnight. The daily financing fee is automatically applied to your account each day that you hold an open position (including weekends). Learn more about our rollover rates.

Does FOREX.Com charge inactivity fees?

A fee of $15 (or 15 base currency equivalent) per month is charged to accounts after there is no trading activity for 12 months.

Do you offer fixed spreads?

No, FOREX.Com does not offer fixed spreads.

Do I need to pay taxes on my trades and transactions?

Yes, forex and options trading are subject to taxes. Please contact a tax professional for more information.

Is there a currency conversion charge?

Trading in markets that settle in a different currency from your account's base currency may incur a currency conversion charge. For example, if your account base currency is US dollars and you trade USD/JPY, your realized profit or loss as well as any associated fees, charges, and commissions will be automatically converted from JPY back to US dollars before posting to your account. Our standard charge for this conversion is +/-0.5% from the market rate at the time of conversion. Conversely, you will not incur this charge if you only trade products that settle in your account’s base currency, such as EUR/USD in a US dollar based account.

Forex funding fee

We empower forex & stock traders by giving them the necessary funds to earn a full-time income from home. Traders are given the freedom to bring any successful day-trading strategies they may have and apply them !!

Have you got the SKILLS to pay the BILLS?

In order to secure these funds, you just need to pass the evaluation phase. In this FREE evaluation, you will need to deposit a stake to one of the select brokers, trade and we will monitor you for a few months. If you can display the attributes we look for, you’ll unlock the fully funded account.

The 3 simple steps to get funded

Get evaluated with a LIVE trading account

Secure a fully funded account

View our intro video

View our intro video

Invest responsibly. Trading the FX & stock markets can be challenging and potentially profitable for investors. You should carefully consider your investment objectives, level of experience, risk appetite and whether you can afford to take the risk of losing your evaluation fee.

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US-based traders

Non US-based traders:

Other non US-based traders

PORTFOLIO MANAGER

A trader who has completed with success the trading evaluation phase, and currently trading for funded trader.

QUALIFY ACCOUNT

The initial balance of the account once a trader successfully meets all of the objectives in the evaluation account.

FULLY FUNDED ACCOUNT

Is the account the trader receives to trade. The fund’s authorised personnel will monitor and evaluate the trading activity in this account to verify the trader is complying with the trading policy of the fund.

PROFIT WITHDRAWAL

A trader is entitled to a share of the profits made in the assigned trading account. In the evaluation phase the trader is entitled to 100% of their profits.

GROWTH SCHEME

Once a trader becomes an official portfolio manager for funded trader, the fund may promote the trader’s account as specified by the growth scheme. Yet it is the sole privilege of the fund to deny or delay promotion or change the promotion terms. The growth scheme may change according to the fund’s decision.

EVALUATION ACCOUNT OBJECTIVES

The trading policy a trader must apply in their trading activity, in order to qualify for a portfolio manager for funded trader.

TRADEABLE SECURITIES

Trading activity is limited to forex majors currencies and their combinations: USD, EUR, GBP, JPY, CHF, AUD, NZD, CAD.

The following is a list of securities permitted to trade:

Forex majors: EURUSD, GBPUSD, USDJPY, USDCAD, AUDUSD, NZDUSD, USDCHF.

Forex majors crosses: AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, GBPAUD, GBPCHF, GBPCAD, GBPJPY, GBPNZD, NZDCAD, NZDCHF, NZDJPY

A trader must avoid trading any other securities unless requested and permitted by the funds official representative. Trading securities which are not permitted for trading may result in termination of the fully funded account or failing the evaluation phase.

OWNERSHIP OF FULLY FUNDED ACCOUNTS & FUNDS

It is to be acknowledged and clear; that the fully funded trading accounts and the funds are the sole property of funded trader. The portfolio manager has no rights over any of the properties mentioned.

TRADING TERMS

MAX EXPOSURE

The maximum allowance of lots summarised by all open positions, regardless of the trade direction (long or short). Exceeding the max exposure value, will automatically disqualify the trader and cause the final termination of the fully funded account. Any position at profit with SL above profit (minus commissions and swap charges), may be ignored in calculating the max exposure.

MAX DRAWDOWN

The maximum drawdown allowance in the account. A drawdown (DD) is the maximum change of equity value between the equity peak value and the equity value. This includes closed and open orders. Exceeding the max drawdown limitation, will disqualify the trader and cause the final termination of the fully funded account.

MINIMUM TRADES

Any position must have a hard stop loss value not greater than the value specified. Failing to place stop loss orders will cause the final termination of the fully funded account.

STOP-LOSS PER POSITION

Any position must have a hard stop loss value not greater than the value specified. Failing to place stop loss orders will cause the final termination of the fully funded account.

TIME LIMIT

The period of time that a trader should accomplish the evaluation objectives is up to 6 months. The time limit may be extended if a trader requests it and upon approval from the director of the fund.

PROFIT WITHDRAWALS

Trading on the fully funded account entitles the trader to withdraw profit by the percentage level specified in the plan of choice.
Profits withdrawals are paid in the following possible circumstances:

A trader had completed with success the evaluation objectives.

A trader files a withdrawal request.

A trader was disqualified and the account balance contains profits.

A trader of a fully funded account may apply for a profit withdrawal request only once. Once a profit withdrawal is requested, the fund will close all open positions and any profits will be paid by the specified split.

TERMINATION OF A FULLY FUNDED ACCOUNT

The fund will terminate a fully funded account by the following circumstances:

– A trader has exceeded the maximum drawdown allowance

– A trader has exceeded the maximum exposure allowance

– A trader fails to apply proper stop loss for all trades

A terminated account will not be recovered. Once a trader has been disqualified while profits exist in the account, the fund will close all open orders and terminate the account from further trading. Any profits will be paid out by the specified split.

The trader of a terminated fully funded account may apply again for a new evaluation phase from the start. The required minimum deposit in the evaluation phase for the chosen account (regardless of the amount) would become payable again in the event the trader wanted to get evaluated again.

PORTFOLIO MANAGER

A trader who had completed with success the trading evaluation phase and currently trading for funded trader.

QUALIFY ACCOUNT

The initial balance of the account once a trader successfully meets all of the objectives in the evaluation account.

TP EVALUATION ACCOUNT

(take profit evaluation account) is the account the trader receives to trade. The fund authorised personnel will monitor and evaluate the trading activity in this account to verify the trader is complying with the trading policy of the fund. The evaluation account balance is lower by one half of the portfolio account balance, received once the trader is qualified. E.G. To qualify for a fully funded $50,000 account, a trader must trade an evaluation account of a $25,000.

PROFIT WITHDRAWAL

A trader is entitled to a share of the profits made in the assigned trading account, whether it is on an evaluation account or in a portfolio manager account.

GROWTH SCHEME

Once a trader becomes an official portfolio manager for funded trader, the fund may promote the trader’s account as specified by the growth scheme. By default, any portfolio manager for the funded trader. Yet it is the sole privilege of the fund to deny or delay promotion or change the promotion terms. The growth scheme may change according to the fund’s decision.

EVALUATION ACCOUNT OBJECTIVES

The trading policy a trader must apply in their trading activity in order to qualify for a portfolio manager position with funded trader.

EVALUATION ACCOUNT FEE

A fee a trader pays to the fund for the privilege to receive a real money trading account with profit sharing and to be evaluated by the fund’s trading directors for becoming a portfolio manager for funded trader. This is non-refundable once a trader has received access to their LIVE account or commenced trading activity.

EVALUATION ACCOUNT TRADING GUIDELINES & OBJECTIVES

Meeting all the following guidelines and objectives entitles the trader to perform as a portfolio manager for funded trader, with a fully funded trading account.

TRADEABLE STOCKS

Traders are limited to trading stocks on the AMEX, NASDAQ and new york stock exchange (NYSE). Platform accessibility is during US market hours (9:30 a.M. To 4 p.M. EST, except stock market holidays). US based traders are not eligible for stock funded accounts. A trader must avoid trading any other stocks unless requested and permitted by the funds official representative. Trading stocks which are not permitted for trading may result a termination of the evaluation or fully funded account.

OWNERSHIP OF ACCOUNTS, TECHNOLOGY AND FUNDS

It is to be acknowledged and clear; that the trading accounts, the technology, software, the funds worth are the sole property of funded trader. The portfolio manager has no rights over any of the properties mentioned.

TRADING TERMS

MAX TRADE SIZE

Exceeding the max trade value, will automatically disqualify the trader, and cause the final termination of the evaluation or fully funded account. Any position at profit with SL above profit (minus commissions and swap charges), may be ignored in calculating the max exposure.

MAX DRAWDOWN

The maximum drawdown allowance in the account. A drawdown (DD) is the maximum change of equity value between the equity peak value and the trough equity value. This includes closed and open orders. Exceeding the max drawdown limitation, will disqualify the trader, and cause the final termination of the evaluation or fully funded account.

MINIMUM TRADES

The minimum count of trades required in the evaluation account is 40. A trader must exceed the number of minimum trades to qualify for a portfolio manager account.

TIME LIMIT – the period of time that a trader should accomplish the evaluation objectives is up to 6 months. After the due date, the account will be terminated and the trader will be disqualified. If any profits exist in the account, the fund will send the trader’s share of profits. The time limit may be extended if a trader request from the fund, and by the fund directors approval.

PROFIT WITHDRAWALS

Trading on the TP evaluation account entitles the trader to withdraw profit by the percentage split specified in the plan of choice.
Profit withdrawals are paid in three possible circumstances:

A trader had completed with success the evaluation objectives.

A trader files a withdrawal request.

A trader was disqualified and the account balance contains profits.

Once a trader completed with success the evaluation objective, the fund will terminate the account, pay out the profits for the trader by the specified split, and reward the trader with a new portfolio manager account.

A trader of an evaluation account may apply for a profit withdrawal request only once. Once a profit withdrawal is requested, the fund will close all open positions, terminate the account and the trader is announced disqualified. Any profits will be paid by the specified split.

Once a trader has been disqualified while profits exist in the account, the fund will close all open orders and terminate the account from further trading. Any left profits will pay out by the specified split.

TERMINATION OF AN EVALUATION ACCOUNT

The fund will terminate an evaluation account by the following circumstances:

– A trader had exceeded the maximum drawdown allowance

– A trader had exceeded 50% of the allowable maximum drawdown within 3 months or less

– A trader had exceeded the maximum trade size allowance

– A trader had exceeded the time limit without accomplishing the evaluation objectives

– A trader had exceeded the maximum daily loss allowance 3 times or more

Once an evaluation account is terminated, it will be disabled from further future trading. A terminated account will not be recovered. A trader of a terminated evaluation account may apply again for new evaluation plan from start. The current evaluation fee for the chosen account, regardless of the amount of the original fee paid, would become payable again in the event the trader wanted to open another trading account.

The scope of this privacy policy

Effective date: 1 january 2020. This privacy policy outlines what types of information are collected from our account holders, users, and visitors (“you”, “your” or “user”), to whom it may be disclosed, and how that information may be used by funded trader. (“funded trader”, “we”, “our” or “us”), as each of the foregoing relates to your use of funded trader web site, (the “site”). Please read our privacy policy carefully to get a clear understanding of how we collect, use, protect or otherwise handle your personally identifiable information in accordance with our website. By using our website you agree that you have read, understood, and consented to this privacy policy and our terms of use. We reserve the right to change this policy including altering the purposes for which it processes your personal information. In the event that funded trader considers it appropriate to make any such change, the policy will be updated and posted on our site. Your continued use of the site will constitute acceptance of those changes. The date on which the then current privacy and cookie policy came into force will be as stated at the top of this privacy policy.

Collection of personal data

By providing us with your personal information, you explicitly consent to us processing and disclosing your personal information for the purposes, and otherwise in the manner set out in this policy, or as otherwise provided in accordance with the terms and conditions.

Collection of personally identifiable information (PII)

PII, as used in privacy and electronic communications regulations, is information that can be used on its own or with other information to identify, contact, or locate a single person, or to identify an individual in context.

When do we collect information?

We collect information from you when you subscribe to a newsletter or enter information on our site.

Types of data collected

Personal data

While using our service, we may ask you to provide us with certain personally identifiable information that can be used to contact or identify you (“personal data”). Personally, identifiable information may include, but is not limited to:

First name and last name

Address, state, province, ZIP/postal code, city

Purposes for personal data collection

Analytics to gather metrics to better understand how users access and use the sites and services; to evaluate and improve the sites and services; and to develop new products and services.

Provide our services to provide the services we offer on our sites and to communicate with you about your use of our site or services, to respond to your inquiries, to provide troubleshooting, and for other customer services designed to make your experience better.

Comply with the law to comply with legal obligations, as part of our general business operations, and for other business administration purposes.

Personalisation to tailor the content and information that we may send or display to you, to suggest personalised help and instructions, and to otherwise personalise your experience while visiting or using our site.

Provide our services to provide the services we offer on our site, to communicate with you about your use of our site, to respond to your inquiries, to provide troubleshooting, and for other customer services designed to make your experience better.

Marketing and promotions for marketing and promotional purposes, such as to send you news and updates, special offers, and promotions, or other otherwise contact you about products, services, or information we think may interest you, including information about third party products and services.

Purposes for the collection of personally identifiable information

We may use the information we collect from you when you register, make a purchase, sign up for our newsletter, respond to a survey or marketing communication, surf the website, or use certain other site features in the following ways:

To administer a contest, promotion, survey or other site feature

To send periodic emails regarding your order or other products and services

Cookies

We use cookies and other similar technologies, including log data, on our site to distinguish you from other users of our websites and apps (including when you browse third party websites). This helps us to provide you with a good experience when you use our services. We also use cookies and similar technologies to show you more personalised advertising. You may adjust the settings on your browser to refuse cookies but some of our services may not work if you do so. Examples of cookies we use include:

Session cookies we use session cookies to operate our service.

Preference cookies we use preference cookies to remember your preferences and various settings.

Security cookies we use security cookies for security purposes.

Disclosure of personally identifiable information & data legal requirements

Funded trader may disclose your personal data in the good faith belief that such action is necessary to:

To protect against legal liability

To comply with a legal obligation

To prevent or investigate possible wrongdoing in connection with the service

To protect and defend the rights or property of funded trader

To protect the personal safety of users of the service or the public

Security of data

We recognise that online security is an area of vital importance for all our customers. It is imperative that you should have full confidence that your personal details are secure. We employ security measures to protect your information from access by unauthorised persons and to prevent unlawful processing, accidental loss, destruction and damage. In order to protect both ourselves and our customers from identity theft we may verify the information you have provided with our banking institutions over secure lines. Again this is carried out in accordance with our data protection obligations. Please keep in mind that no method of transmission over the internet, or method of electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your personal data, we cannot guarantee its absolute security.

Service providers

We may employ third party companies and individuals to facilitate our service (“service providers”), to provide the service on our behalf, to perform service-related services or to assist us in analysing how our service is used. These third parties have access to your personal data only to perform these tasks on our behalf and are obligated not to disclose or use it for any other purpose.

Analytics

We may use third-party service providers such as google to monitor and analyse the use of our service. Vendors, such as google use first-party cookies (such as the google analytics cookies) and third-party cookies (such as the doubleclick cookie) or other third-party identifiers together to compile data regarding user interactions with ad impressions, and other ad service functions as they relate to our website.
Opting out: users can set preferences for how google advertises to you using the google ad settings page. Alternatively, you can opt out by visiting the network advertising initiative opt out page or permanently using the google analytics opt out browser add on.

Links to other sites

Our service may contain links to other sites that are not operated by us. If you click on a third party link, you will be directed to that third party’s site. We strongly advise you to review the privacy policy of every site you visit. We have no control over and assume no responsibility for the content, privacy policies or practices of any third party sites or services.

Children’s privacy

The funded trader site is not intended for use by minors under the age of 18 and are not targeted to children. We do not knowingly collect information from children under the age of 16, solicit information from such children, or market products to such children.

FUNDING AND WITHDRAWAL

Withdrawal processing time

1 unit of the base currency of your account*

Dependent on amount & banks involved

In cases of no trading activity the company reserves the right to charge clients all fees involved in the incoming and outgoing transactions, including additional processing fees charged by the company at a minimum of 10 units of the base currency and no more than 2.5% of the total deposited amount.
*note, if the withdrawal requires more than one transaction via the card processor to execute the full amount, each additional transaction will be charged with 1 unit fee. An additional 1.5% fee will apply for amounts above the initial deposited amount.
**it can take an additional 2-5 working days for the banks to process the amount into your account. Click on the link to see additional information on our service payment providers.

RISK WARNING

Trading in contracts for difference (‘cfds’) carries a high level of risk and can result in the loss of all your investment. As such, cfds may not be appropriate for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should become aware of all the risks associated with CFD trading, and seek advice from an independent and suitably licensed financial advisor. Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to cfds or (b) any direct, indirect, special, consequential or incidental damages whatsoever. For more information about the risks associated with trading cfds please find and read our ‘general risk disclosure’.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Forex24 does not provide services to residents of the USA, canada, japan, north korea, iran, belgium and some other regions

Forex trading costs

With our transparent pricing, you can be confident you understand the value of each trade. Spread can be as little as 0.8 pips.

Spreads and margins

You pay a spread on every trade. Find these forex trading fees for individual markets below, or see our ‘costs and charges’ document for examples of how spreads and margins can affect your positions.

Major forex pairs

Market name

Value
per pip

Min spread

Ave spread *

Margin req

* average spread (monday 00:00 - friday 22:00 GMT) for the 6 weeks ending december 16, 2019.
See full forex product details

Minor forex pairs

Market name

Value
per pip

Min spread

Ave spread 2

Margin req

* average spread (monday 00:00 - friday 22:00 GMT) for the 6 weeks ending december 16, 2019.
See full forex product details

Understanding margin

Margin trading gives you full exposure to a market using only a fraction of the capital you’d normally need. It is the amount of money you need to open a position, defined by the margin rate.

Margin with IG

When trading on margin, it's important to be aware that your risk is also based on your full exposure to the market.

Funding and interest

We apply funding and interest charges to forex trades, as explained below. You can also see our ‘costs and charges’ document for examples of how these forex trading costs can affect your positions.

If you keep a position open overnight (after 10pm LDN, normally 5pm EST) we will make an adjustment to your account, to reflect the cost of funding your position.

Forex trading cost and charges

Overnight funding fees

When you trade derivatives with us, you trade on margin. This means you provide a deposit to open a position, and we in effect lend you the rest of the money required. If you close your position on the same day, there is no funding fee. If you keep it overnight, we charge a small fee to cover the cost of the money you've effectively borrowed.

The fee is calculated as the tom-next rate plus a small admin fee.

Currency conversion charges

Forex trading in a currency other than your account's base currency may incur a currency conversion charge. Our default setting is instant conversion, where foreign-currency profit is converted to your base currency and funding or commission charges are taken into account before your account is credited. We also offer daily, weekly and monthly conversion settings. Our standard charge is 0.5%.

Extra services and charges

There are some extra services that we charge for.

Charges passed on from third parties include:

Charges and funding faqs

Our offices are normally open 24 hours a day between 4pm on sunday and close 5pm on friday night (EST).

Trading hours vary between markets, but standard UK market hours are 08.00-16.30 (london time).

Spreads

Our forex spreads vary depending on underlying market liquidity. The more liquid the market, the narrower our spread – as low as 0.8 pips. As the underlying market spread widens, so does ours – but only to our maximum cap.

Forex overnight charges

The overnight funding fee is calculated using the tom-next rate. These rates change daily, varying the funding fee each day. Mini and micro forex contracts are subject to a higher funding rate.

Tom-next is the rate used to calculate the funding adjustment when a forex position is held overnight. It is an industry-standard rate, derived from the interest rate differentials of the pair’s currencies and market expectations of interest rate change.

The spread is the difference between our sell and buy prices. We derive these prices based on the underlying market's value.

Only if you haven’t placed any trades on your account for two years or more, and there is still a balance on your account. We’ll then charge a $12 fee on the first day of every month.

Open an account now

* average spread (monday 00:00 - friday 22:00 GMT) for the 12 weeks ending the april 26, 2019.

Contact us

New accounts

Trading services

Forex trading

Forex trading costs

Learn to trade

Disclosures

Contact us

New clients: 312 981 0499

Existing clients: 312 981 0498

Marketing partnership: email us now

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is not directed at residents of countries where its distribution, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

IG is a trading name of IG US LLC (a company registered in delaware under number 6570306). Business address, 200 west jackson blvd., suite 1450, chicago, IL 60606. IG is a registered RFED and IB with the commodities futures trading commission and member of the national futures association (NFA ID 0509630).

IG US accounts are not available to residents of ohio.

Financing fees for forex trades

Find out how we calculate our financing charges, so you can better understand the cost/credit and other associated potential charges when you trade with us.

If you have an open position on your OANDA trading account at the end of each trading day (at 5 p.M. (ET)), the position is considered to be held overnight and will be subject to either a ‘financing cost’ or ‘financing credit’.

The ‘financing cost’ or ‘financing credit’ is calculated on a per position basis and may be a debit or credit, depending on whether it is a buy/long or sell/short position. The cost or credit also takes into account the impact of our admin fee and reflects the interest differential between the currencies involved in this trade.

The credit or debit depends on the applicable funding rate as described below:

Financing cost or credit = position value x applicable funding rate x1/365

Position value = size of your position x price of instrument at 5 p.M. (ET).

How we calculate funding rates

Funding rates (or swap rates) vary depending on instrument and may change on a daily basis. These are quoted as an annual rate. Each instrument has two quoted rates: one for a buy/long position and the other for a sell/short position.

A negative funding rate will result in a cost being debited from your account while a positive funding rate will result in a credit made into your account.

The daily financing charge or credit will be claimed/ passed from/to your account each day, and will be visible in your transaction history accessible via your account portal.

Our funding rates for forex consist of a blend of underlying liquidity providers’ tom-next swap rates, adjusted by our x% admin fee (annualized).

Admin fee table

Financing costs affected by holidays and weekends

FX trades are typically settled on a T+2 basis, and the funding rate reflects the cost to push forward the settlement date by one day so that you can hold the position indefinitely. If you hold a position on wednesday at 5 p.M., the funding rate will typically be three times the amount to reflect pushing forward the settlement by three days instead of one day.

This is because at the end of wednesday the settlement date needs to be pushed forward from friday to monday, and the funding rate reflects the cost to hold the position over the weekend. There are no financing charges or credits on saturday or sunday. The actual funding rate on any given date may reflect more than one day depending on the instrument or due to market holidays.

Rates and costs for today's date are approximate and will not be finalized until 5 p.M. ET.

*long financing charge = the financing charge in USD on a 100,000 unit long position of the given instrument.
^short financing charge = the financing charge in USD on a 100,000 unit short position of the given instrument.

Example of how the financing cost would be calculated if you had a long 100,000 EUR/USD trade open at 5 p.M. (ET) on a day in which the long rate was -3.00%.

Financing cost = (100,000 x 1.15826) x -3.00% x 1/365 = -9.52 USD.

Frequently asked questions

What are the financing costs for OANDA corporation clients?

If you have an open position on your account at the end of each trading day (5 p.M. ET), the position is considered to be held overnight and subject to either a ‘financing cost’ or ‘financing credit’ to reflect the interest differential between the currencies involved in this trade.

What are the inactivity fees applicable at OANDA corporation?

An inactivity fee is a monthly charge that is levied on your account if there has been no trading activity for a period of 12 months. Please note, inactivity fees will not be charged when there is an open position.

How does OANDA calculate its funding rates?

Please check the funding rates section of frequently asked questions.

Ready to start trading? Open an account in minutes

Already have a live trading account? It's easy to fund your account using one of the following payment methods.

Transparent trading costs

We are upfront about our fees so you know how much you are paying when you trade with us.

Advanced trader

Get access to reduced spreads, discounted commissions and access to third-party platforms.

When can I trade with OANDA?

Our operation hours coincide with the global financial markets. Find out when you can trade with us.

© 1996 - 2021 OANDA corporation. All rights reserved. "OANDA", "fxtrade" and OANDA's "fx" family of trademarks are owned by OANDA corporation. All other trademarks appearing on this website are the property of their respective owners.

Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks. Refer to our legal section.

OANDA corporation is a registered futures commission merchant and retail foreign exchange dealer with the commodity futures trading commission and is a member of the national futures association. No: 0325821. More information is available using the NFA basic resource.

Trading FX on margin is high risk and not suitable for everyone. Losses can exceed investment.

So, let's see, what we have: see your opportunity, trade it for less. Get spreads from 1 point. Find out more about what you’ll pay for your trading with us, and why. At forex funding fee