Trade Fees
The followings are the fee standards of ArgoFX, so you always know what fees you will incur when you trade with us.
Spread refers to the difference between the bid price and the ask price, ArgoFX draws prices based on the value of the underlying market, forex spreads will change based on the price of the basic market.
Please check ArgoFX spread details of each symbol
| Name | Average Spread | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| {{ point.symbol }} | {{ point.spread_tiger }} | ||||||||||||||||||
| No data | |||||||||||||||||||
Overnight Interest usually happens in the case of positions overnight. Overnight Interest will be calculated at 5:00pm EST. Orders opened before this time are considered overnight positions and need to calculate overnight interest.
ArgoFX updates overnight Interest quotes every Monday, but does not rule out the dramatic fluctuations caused by unpredictable market conditions, overnight interest may change within the same day.
The overnight interest depends on the difference between the current spot price and the interest rate of the two currencies under the customer service level. The service does not charge any commission or other fees. You can check overnight interest quotes.
The following is the overnight interest calculation form, you can calculate the daily overnight interest on your holding positions according to the following table.
| Name | Calculation Mode of Swap | Swap Long（USD/Lot) | Swap Short（USD/Lot） | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| {{ swap.symbol }} | {{ swap.swap_type_name }} | {{ swap.swap_long }} | {{ swap.swap_short }} | ||||||||||||||||
| No data | |||||||||||||||||||
* The overnight interest rate for positions held overnight on Wednesday will be three times the normal. Exception: USD/CAD calculates three times of overnight interest on Thursday.
* If the transaction day is a public holiday, the overnight interest will be calculated the day before.
In addition, if it is the position during the holiday season, you will pay or get more overnight interest.
The spread of Index product is 0, ArgoFX will charges a certain percentage fees for Index.
| Name | Commission(USD/Lot) | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| {{ fee.symbol }} | {{ fee.comm_base }} | ||||||||||||||||||
| No data | |||||||||||||||||||
Wire transfer：ArgoFX does not charge wire transfer fees, different banks in the purchase of foreign exchange and remittances will charge different fees (usually fee, telegraph fee and transit costs), the costs incurred in the purchase of foreign exchange and remittance shall be borne by the customer, ArgoFX will be the actual amount of money to customers recharge.
Wallet Deposit: ArgoFX does not charge any fees.
Payment Of Internet Banking: The fees charged by the payment channel is borne by the customer, mobile Internet Banking pays a 2% rate per payment, PC-side Internet Banking pays a 1.8% rate per payment, ArgoFX does not charge any fees.
Free withdrawals 4 times per month each account, more than 4 times, charge $1 for each withdrawal.
