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Fee Schedule

The volume commission is charged in the primary currency for each opening or closing 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 and Equity as explained below:

Net Deposit
(in USD equivalent)
Volume Commission in USD per 1 million USD
Deposit with Dukascopy Deposit with Bank Guarantee
Currencies Precious metals, CFD* Currencies Precious metals
< 5 000 35 52.5 N/A N/A
≥ 5 000 33 49.5 N/A N/A
≥ 10 000 30 45 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 15 22.5 18 27
≥ 1 000 000 14 21 18 27
≥ 5 000 000 12 18 18 27
≥ 10 000 000 10 15 18 27

Net Deposit - is the sum of all deposits less the sum of all withdrawals in USD equivalent.

 

Equity
(in USD equivalent)
Volume Commission in USD per 1 million USD
Deposit with Dukascopy Deposit with Bank Guarantee
Currencies Precious metals, CFD* Currencies Precious metals
< 5 000 35 52.5 N/A N/A
≥ 5 000 33 49.5 N/A N/A
≥ 10 000 30 45 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 15 22.5 18 27
≥ 1 000 000 14 21 18 27
≥ 5 000 000 12 18 18 27
≥ 10 000 000 10 15 18 27

Equity - estimation of the account of the Client in USD equivalent at settlement time.

* Different fees apply to CFD on single stocks (See "Trading commissions for single stock CFD")

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

For Self Traders with several margin accounts with Dukascopy Europe, Net Deposits and Equities 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.

Trading Commissions for Trading on Metatrader 4 Platform

In addition to the standard fees, $1 per 1 MT4 lot ($10 per $1 million) is charged for trading on MetaTrader 4 platform.

The volume commission on MT4 accounts is calculated for a round turn transaction and is charged on opening trades in the account currency. The volume commission is calculated from the primary amount and converted to the Client Account's Balance Currency.

Trading commissions for single stock CFD

    Market     Volume commission Min. commission
Austria EUR 0.10% of trade value EUR 4.00
Belgium EUR 0.10% of trade value EUR 4.00
Denmark DKK 0.10% of trade value DKK 30.00
Finland EUR 0.10% of trade value EUR 4.00
France EUR 0.10% of trade value EUR 4.00
Germany EUR 0.10% of trade value EUR 4.00
Netherlands EUR 0.10% of trade value EUR 4.00
Norway NOK 0.10% of trade value NOK 32.00
Portugal EUR 0.10% of trade value EUR 4.00
Spain EUR 0.10% of trade value EUR 4.00
Sweden SEK 0.10% of trade value SEK 32.00
Switzerland CHF 0.10% of trade value CHF 4.00
UK GBP 0.10% of trade value GBP 4.00
US USD 0.02 per share USD 2.00

For Clients appointing an external manager/attorney, the volume commission rate may amount to a maximum of USD 75 per USD 1 million traded. 

All volume commissions are converted to the Client account's base currency at the moment when the trade is executed, at Dukascopy Europe current spot rate adjusted by a 0.1% fee.

In addition to the standard volume commission an extra fee USD 5 per 1 million USD for currencies and USD 7.5 per 1 million USD for precious metals is applicable to swap-free-accounts.

To learn more about Dukascopy Europe ECN Accounts, please write us: [email protected],

call us: +371 67 399 000 or alternatively ask for a call-back.

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

Example 1:

Client Account Basic Currency: USD
Net Deposit in USD equivalent at settlement USD 50 000
Equity in USD Equivalent at settlement: USD 48 900
Volume Commission Rate according to Net Deposit: USD 18
Volume Commission Rate according to Equity: USD 25
Applicable Commission Rate: USD 18

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

Example 2:

Client Account Basic Currency: CHF
Net Deposit in USD Equivalent at settlement USD 5 000
Equity in USD equivalent at settlement: USD 18 700
Volume Commission according to Net Deposit: USD 33
Volume Commission according to Equity: USD 30
Applicable Commission Rate: USD 30

Trade made on the next trading date: BUY EUR/USD 100 000
EUR/CHF spot rate 1.4750 adjusted by a conversion fee 0.1%
Volume Commission: EUR 0.1 x 1.4750 x 30 = CHF 4.43

Transfer Fees and Trading Account Fees

Within Dukascopy Europe
Free of charge
Within Dukascopy Group
Free of charge
Outgoing wire transfers*
Free of charge
Closing**
Free of charge
Maintenance***
EUR 0 to 40 annually per client

* Dukascopy Europe does not charge any fees for outgoing wire transfers, however, commissions may be charged by our custodian and other third-party banks.

** Dukascopy Europe IBS AS may close, without further notice, any Trading Account left unfunded for more than 360 days or with insufficient balance to pay the accrued fees.

*** The account is not charged Maintenance fees during the first 363 calendar days after the account opening. After this period, Maintenance fees are charged if no trade/open position occurs on any account of the client during a period of 182 consecutive calendar days starting the 182nd day after the account opening. Otherwise, Dukascopy Europe IBS AS charges EUR 20 as Maintenance fees every 182 days, as long as there is no trade or open position. Maintenance Fees are capped at EUR 40 per year and per client, regardless the number of Trading sub-accounts of each client, save exceptions subject to specific agreement.

01.01.2017 - Account is opened. First 182 days are not subject to Maitenance fees
01.08.2017 - the only trade is made
30.12.2017, after 363 days - Maintenance fees review mechanism is triggered and it looks back 182 days, i.e. up to 01.07.2017
No Maintenance fees are charged as there was a trade done in the last 182 days
01.01.2017 - Account is opened. First 182 days are not subject to Maitenance fees
01.05.2017 - the only trade is made
30.12.2017, after 363 days - Maintenance fees review mechanism is triggered and it looks back 182 days, i.e. up to 01.07.2017
31.12.2017, on 364th day the Maintenance fees in the amount of 20 euro are charged

Currency Exchange

On-line money exchange, deposits, withdrawals, internal and external transfers, all kind of fees, compensations and adjustments, which require currency conversions are executed at Dukascopy Europe's current spot rate adjusted by a fee in the table below.

Amount to be converted
(in base currency of the currency pair)
Fee
< 10'000 1.00%
≥ 10'000 0.75%
≥ 50'000 0.50%
≥ 100'000 0.20%
≥ 500'000 0.10%
≥ 1'000'000 0.05%

The settling of profits/losses and trading commissions in currencies that differ from the base currency of the Client account involves currency conversions. These conversions are carried out using Dukascopy Europe's settlement rate adjusted by a 0.1% fee.