Knowledgebase
What are your commissions and fees?
Posted by - NA - on 10 August 2009 09:50 AM
We don't charge any compensation by increasing the spread (Bid/Ask difference) like other brokers; we get compensation only on side commission. The commission is established based on the type of account you are trading.

The commission on a micro account is 1.2 pips per standard round turn lot traded. For example on a 1 lot size trade on EURUSD pair, the commission would be $12 USD or $1.20 USD on a mini lot of 0.1 lot size trade. And for a micro lot of .01 the commission would be .12 cents.

The commission on a standard account is 1 pip per standard round turn lot traded. For example on a 1 lot size trade on EURUSD pair, the commission would be $10 USD or $1 USD on a mini lot of 0.1 lot size trade. And for a micro lot of .01 the commission would be .10 cents

The commission on a institutional account will vary depending on the balance and volume traded. For more information, please go to https://iamfx.com/institutional_forex.php

In order to get the most accurate commission cost, you must first establish the pip value of the pair(s) which you are trading. Please use this link to tabulate pip value. https://www.iamfx.com/trading_tools.php
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