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Xpert Funding
General Rules
Leverage & Commissions
For the Funded Stage, leverage is adjusted to 1:50 for Forex, 1:10 for Indices, 1:10 for Commodities, and 1:2 for Crypto, supporting a more balanced approach to risk while still offering solid market access.
$5 per lot for forex, metal, commodities- $0 per lot for the rest
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Spreads
Based on position size, contract size, swap rate, duration.
You can view our current spreads through our "Check the Spread" accounts here:
- Competitive per-lot fees on major markets.
- Commission-free trading on selected assets.
Swaps
Essentially, swap charges refer to the overnight fees or credits incurred for holding positions overnight.
These charges are influenced by various factors such as interest rates, currency exchange rates, Broker Mark-up and the duration of holding the position.
Two common types of swap calculations: point-based and interest-based.
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Swap Calculation
Lot Size * Contract Size * Swap Rate
1. Calculate the Notional Value: Multiply the lot size by the contract size to determine the total value of the position.
Multiply by the End of Day Price: This step adjusts the notional value based on the closing price of the financial instrument at the end of the trading day.
2. Multiply by the Swap Rate: Apply the swap rate, which represents the holding cost differential between the currencies being traded. This reflects the cost or benefit of holding the position overnight.
Swap Calculation
Lot Size * Contract Size * Swap Rate/100/360
1. Calculate the Notional Value: Multiply the lot size by the contract size to determine the total value of the position.
Multiply by the End of Day Price: This step adjusts the notional value based on the closing price of the financial instrument at the end of the trading day.
2. Multiply by the Swap Rate: Apply the swap rate, which represents the holding cost differential between the currencies being traded. This reflects the cost or benefit of holding the position overnight.
3. Divide by 100: Convert the swap rate from a percentage to a decimal.
4. Divide by 360: Adjust the swap charge calculation to account for the 360-day year convention commonly used in financial calculations.
5. The swap rate for each Instrument is outlined in the MT5 app under Symbol Specification. Please keep in mind that between Wednesday and Thursday there are so called “Triple Swaps” because of the weekend days, when is no swap charge. Also be aware that the swap value is always in the Contract Currency, and the swap charge is calculated with that Currency. If a Trader has a position with a Contract Currency EUR, but the trading account is in USD the swap need to be converted to the account currency.
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