Forex Pricing - GRAND FXNES

Forex Pricing

Across our trading accounts, you can find the right forex pricing model for your trading needs. Our goal is to give you the lowest trading costs possible.

MINI ACCOUNT PRICING

With Mini accounts, you pay only the spread to trade forex. So you never have to anticipate commissions down the road. With spreads-only trading, your platform calculates your transaction costs automatically using this formula:

( Spread )
x ( Pip Cost )
x ( Number of Lots Traded )
= Total Cost

STANDARD ACCOUNT PRICING

On our low-spreads-plus-commissions accounts, we charge competitive commissions to trade forex. Commissions are based on instrument and trade size, and start as little as $0.04 per 1K lot.

With spreads-plus-commissions trading, your platform calculates your transaction costs automatically using this formula:

( Reduced Spread )
x ( Pip Cost )
x ( Number of Lots Traded )
+ ( Round-Turn Commissions )
= Total Cost

Active Trader Pricing

Reduced pricing is available to high-volume investors who open an GRAND FXNES Active Trader account. You can get deep discounts on your trading costs based on the volume you trade.

Compare trading costs and find out which trading account is best for you.

Compensation: When executing customers' trades, GRAND FXNES can be compensated in several ways, which include, but are not limited to: charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads it receives from its liquidity providers for certain account types, and adding a markup to rollover. Under the Dealing Desk execution model, GRAND FXNES may act as a dealer and may receive additional compensation from trading.

Commissions: Commission-based pricing is available on Standard and Active Trader account types. Commissions are charged at the open and close of trades in the denomination of the account.

Execution Disclaimer: GRAND FXNES aggregates bid and ask prices from a pool of liquidity providers and is the final counterparty when trading forex on GRAND FXNES's dealing desk and No Dealing Desk (NDD) execution models. With NDD, GRAND FXNES's platforms display the best-available direct bid and ask prices from the liquidity providers. In addition to the spread, the trading cost with NDD is a fixed lot-based commission at the open and close of the trade. While generally NDD accounts offer spreads with no markups, in some circumstances, GRAND FXNES may add a markup to NDD spreads. This may occur due to, but not limited to, account type, such as accounts opened through a referring agent. With dealing desk execution, GRAND FXNES can act as the dealer on any or all currency pairs. Backup liquidity providers fill in when GRAND FXNES does not act as the dealer. GRAND FXNES’s dealing desk has fewer liquidity providers than NDD. There are many other factors to consider when choosing an execution model (such as conflict of interest, trading style or strategy). See Execution Risks. Note: Contractual relationships with liquidity providers are consolidated through the firm's U.S. affiliate, Forex Capital Markets, LLC, which, in turn, provides technology and pricing to the group affiliate entities.

Mini Accounts: Mini accounts offer 21 currency pairs and default to Dealing Desk execution where price arbitrage strategies are prohibited. GRAND FXNES determines, at its sole discretion, what encompasses a price arbitrage strategy. Mini accounts offer spreads plus mark-up pricing. Spreads are variable and are subject to delay. Mini accounts utilizing prohibited strategies or with equity surpassing 20,000 CCY may be switched to No Dealing Desk execution. See Execution Risks.

Your browser is out of date!

Update your browser to view this website correctly. Update my browser now

×