Forex

The foreign exchange market (FX in short) is a trillion dollar industry. Internet has made it possible for all kinds of traders to leverage their investments through buying and selling currencies.

Key reasons of trading in Forex

  • Deep liquidity
  • High degree of leverage
  • Non-manipulative nature of FX markets because of its size and transparency
  • Beyond the reach of central banks and policy makers to dictate the market trend at will
  • Out of tiny currency fluctuations with effective leverages a trader can gain fat amount

Commission

  • Pearl Capital Markets Limited do not mark-up spreads
  • No additional/hidden charges
  • A competitive commission to trade Forex
  • Commissions are based on instrument and trade size
  • Commission start from as little as $0.04 per 1 k lot

Commission Schedule 1

Trade Size Per Side Round Turn
EUR/USD - GBP/USD - USD/JPY - USD/CHF - AUD/USD - EUR/JPY - GBP/JPY
1,000 $0.02 $0.04
10,000 $0.20 $0.40
100,000 $2.00 $4.00
1,000,000 $20.00 $40.00

Commission Schedule 2

Trade Size Per Side Round Turn
AUD/CAD - AUD/CHF - AUD/JPY - AUD/NZD - CAD/CHF - CAD/JPY - CHF/JPY - EUR/AUD - EUR/CAD - EUR/CHF - EUR/GBP - EUR/NOK - EUR/NZD - EUR/SEK - EUR/TRY - GBP/AUD - GBP/AUD - GBP/CHF - GBP/NZD - NZD/CAD - NZD/CHF - NZD/JPY - NZD/USD - TRY/JPY USD/CAD - USD/CNH - USD/HKD - USD/MXN USD/NOK - USD/SEK - USD/TRY - USD/ZAR - ZAR/JPY
1,000 $0.03 $0.06
10,000 $0.30 $0.60
100,000 $3.00 $6.00
1,000,000 $30.00 $60.00

Transaction Costs

Two components make up your total transaction costs when trading forex with PCML: low commissions and tight spreads.

How to Determine Transaction Cost?

Say for example that you want to trade a 1K lot of EUR/USD. Simply add the commission to open and close a 1K EUR/USD trade ($0.04 + $0.04 = $0.08) with the value of the spread (0.2 pips X $0.10) = $0.02.

We always suggest our customers to open a Demo Account before turning up for Live Account.