Trading commissions

The volume commission is charged in the primary currency for every executed trade. Volume commission rate is expressed in USD per 1 million USD traded.

The volume commission is converted to the Client Account’s Basic Currency.

For Clients trading by themselves (Self Traders) the volume commission rate depends on Net Deposit, Equity and Traded Volume as explained below (commissions come into effect 05-Feb-2010 at the settlement time):

Net Deposit (in USD equivalent)	Volume Commission in USD per 1 million USD
	Deposit with Dukascopy Bank		Deposit with Custodian Bank or Bank Guarantee
	Currencies	Precious metals	Currencies	Precious metals
< 5 000	48	72	N/A	N/A
≥ 5 000	38	57	N/A	N/A
≥ 10 000	32	48	N/A	N/A
≥ 25 000	25	37.5	N/A	N/A
≥ 50 000	18	27	N/A	N/A
≥ 250 000	16	24	18	27
≥ 500 000	14	21	18	27
≥ 1 000 000	12	18	18	27
≥ 5 000 000	9	13.5	18	27
≥ 10 000 000	5	7.5	18	27

Equity (in USD equivalent)	Volume Commission in USD per 1 million USD
	Deposit with Dukascopy Bank		Deposit with Custodian Bank or Bank Guarantee
	Currencies	Precious metals	Currencies	Precious metals
< 5 000	48	72	N/A	N/A
≥ 5 000	38	57	N/A	N/A
≥ 10 000	32	48	N/A	N/A
≥ 25 000	25	37.5	N/A	N/A
≥ 50 000	18	27	N/A	N/A
≥ 250 000	16	24	18	27
≥ 500 000	14	21	18	27
≥ 1 000 000	12	18	18	27
≥ 5 000 000	9	13.5	18	27
≥ 10 000 000	5	7.5	18	27

Traded Volume (in USD equivalent)	Volume Commission in USD per 1 million USD
	Deposit with Dukascopy Bank		Deposit with Custodian Bank  or Bank Guarantee
	Currencies	Precious metals	Currencies	Precious metals
< 5  million	48	72	48	72
≥ 5 million	38	57	38	57
≥ 10  million	32	48	32	48
≥ 25  million	25	37.5	25	37.5
≥ 50  million	18	27	18	27
≥ 250  million	16	24	16	24
≥ 500  million	14	21	14	21
≥ 1 billion	12	18	12	18
≥ 2 billion	9	13.5	9	13.5
≥ 4 billion	5	7.5	5	7.5

In case Net Deposit, Equity and Traded Volume lead to different commission rates, Dukascopy Bank applies the lowest (as illustrated in the examples below). 

For Self Traders with several margin accounts with Dukascopy Bank, Net Deposits, Equities and Traded Volumes are cumulated to define a unique volume commission rate applied to all margin accounts. 

The volume commission is determined on a daily basis at every settlement time. The defined rate will be applied on the following trading day. 

For Clients appointing an external manager/attorney, the volume commission rate may amount to a maximum of USD 100 per USD 1 million traded. 

All volume commissions are converted to the Client Account's Basic Currency at the moment when the trade is executed, at the rate which is defined as average rate of the last 10 seconds candle.

To learn more about Dukascopy Bank ECN Accounts, please write us: info@dukascopy.com, 

call us: +41 (0) 22 799 4888 or alternatively ask for a call-back. 

Examples of volume commission calculation depending on Net Deposit, Equity and Traded Volume:

Example 1:

Trade made on the next trading date: BUY USD/CHF 2 000 000
Volume Commission: USD 2 x 18 = USD 36

Example 2:

Trade made on the next trading date: BUY EUR/USD 100 000
EUR/CHF conversion rate at settlement 1.4750
Volume Commission: EUR 0.1 x 1.4750 x 32 = CHF 4.72

Example 3:

Trade made on the next trading date: BUY USD/CAD 1 000 000
Volume Commission: USD 1 x 18 = USD 18

Transfer Fees

Account statement and banking confirmation

CHF 150