Formula (per side)

Commission = (Traded volume in USD) × (Commission rate) ÷ 100,000

To calculate traded volume in USD:

Traded volume in USD = (Volume in lots) × (Contract size) × (Execution price) × (Conversion rate to USD)

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Example calculation with EUR/USD

Let’s say:

• You traded 1 lot of EUR/USD
• Each contract = 100,000 units (standard forex contract size)
• The current price is 1.10
• Conversion rate = 1 (since it’s in USD)
• The commission rate (one side) is $10 per 100,000 USD traded

How to calculate

1. Find the traded volume in USD: 

1 (lot) × 100,000 (contract size) × 1.10 (price) × 1 (USD rate) = 10,000 USD

 So, the total traded volume = 110,000 USD

2. Apply the commission formula:

Commission= (110,000 × 10) ÷ 100,000 = 11 USD

So, $11 commission per side

3. If you open and close the trade (round trade):

11×2 = 22

$22 total commission

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