Which account types are charged a commission fee by Volity ?

Written by Volity Team
Updated 3 months ago

Trading commission applies to live accounts and may vary depending on the instrument being traded.

Spread: Spreads are dynamic and change based on underlying market conditions. Check the current spread for each instrument on the platform. For Market accounts spread is variable and for PRO is raw. But PRO pays 2 USD  commission per lot.

Overnight Fees (SWAP): Positions held in your account after 22:00 GMT are subject to or are subject to an overnight holding fee. The fee can be positive or negative, depending on the direction of trade and the product. Find out the cost of each tool on the platform.

Currency Conversion Fee: Transfers between accounts in different currencies are subject to a 1% conversion fee, while transfers in the same currency are free of charge.

Early Withdrawal ChargesWithdrawals within 48 hours of deposit or by clients who haven’t traded since their deposit will incur charges equal to the total amount of deposit fees charged by Volity.

Fees for inactivity
Based on general industry rules and principles, we have implemented an inactivity fee to cover the costs of providing real-time market data to thousands of markets. This fee is applied within the following parameters:

Inactivity Criteria: Accounts that have not engaged in any transactions for a period exceeding 12 months and have not received foreign currency deposits within the last 90 days are subject to an inactivity fee.

Fee Information: If your account meets the inactivity requirements, it will be charged a monthly fee of $25.

Reactivation: Resumption of trading: After the resumption of trading, the inactivity fee ceases. This fee cannot be reapplied until at least 12 months have passed since your last transaction.

Data Fees for Active Traders: We make every effort to prevent data fees from being charged to our traders. All our active traders receive free real-time market data as a standard benefit of doing business with us. 

You can read more about commisions on our site.

                          We wish you successful trading with Volity !

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