ProRealTime with Saxo - Brokerage fees Forex

Automatic currency conversions will occur when you trade an instrument in a currency that differs from your base currency (for example when: buying/selling stocks, closing a position with gains/losses, paying/receiving options premium, ...).

Currency conversions are executed using the FX spot mid-price at the time of the conversion, plus/minus the fee indicated below.

Note that if you regularly trade instruments in a currency that differs from your base currency, you can open a sub-account in that currency to trade those instruments. This way you can avoid paying conversion fees on these transactions.

Open positions held at the end of a trading day are rolled forward to the next available business day.

The rollover is made up of two components; the Tom/Next swap points (Forward Price) and the Financing of unrealised profit/loss (Financing Interest).

• Tom/Next swap points (Forward Price): The swap points used are calculated using market swap prices from Tier-1 banks, plus/minus a mark-up indicated below on the Tom/Next interest swap rates. The final rate is used to adjust the opening price of the position.
• Financing of unrealised profit/loss (Financing Interest): Any unrealised profit/loss on positions that are rolled from one day to the next are subject to an interest credit or debit. The rate is calculated based on the daily market overnight interest rates plus/minus a mark-up indicated below. The final rate is used to adjust the opening price of the position.

Notes:

• The global market convention is that the value date rolls forward at 17.00 Eastern Standard Time, however there are exceptions to this rule e.g. NZD, which rolls forward at 07.00 New Zealand Daylight Time.
• An additional +/- 0.30% mark-up is applied to Mexican Peso (MXN), Turkish Lira (TRY) and South African Rand (ZAR) currency crosses.

The financial instruments below are only available from the Desktop and Mobile platforms offered by the broker. The orders and positions on these instruments will be visible only in these platforms and not in ProRealTime.

The real-time access of your ProRealTime platform and the platforms offered by the broker are independant. The real-time access for the broker's platforms can be managed from the broker's account management interface and are paid directly to the broker.

Only orders placed on the ProRealTime platforms are taken into account for the volume conditions of the Active or Trader pricing and for platform credits.