Trading on CFD implies a commission that is debited from your demo account. We added this commission to imitate trading on the real account. It allows traders to practice the principles of funds management, which is extremely important in trading with this mechanic.
How is this commission calculated?
When you open a CFD trade, a fixed commission of 0.02% of the trade volume is debited from your demo account.
This formula calculates the trade volume:
the investment amount x selected multiplier. Available multipliers are 1, 2, 3, 4, 5, and 10.
The commission is calculated according to the following formula:
the trade’s volume x 0.02%.
Example. The volume of a trade of $110 and with an x3 multiplier will be $110 x 3 = $330.
In this case commission will be $330 x 0.02% = $0.066 (rounded to $0.07)