Currency-based fees
Note on upcoming updates:
These tiered exotic fees only apply from the effective date listed in our updated Fees Terms. Prior to that date, these fees will not be applied to your account.
Less common currencies carry higher market risks and operational costs. This fee covers those liquidity costs, allowing us to continue providing the standard interbank rate for major currencies.
Exempt currencies
You will not be subjected to any currency-based fees, and will only pay the standard interbank rate if both currencies in your trade are on this list:
- USD, EUR, GBP, CHF, PLN, RON, HUF, CZK, AUD, SEK, NOK, DKK, JPY, SGD, NZD, CAD, TRY, HKD, BRL, ISK, and your local account currency
Tiered currencies
All other currencies are categorised into 3 exotic tiers, each carrying a fee on top of the interbank rate. The highest tier in your currency pair determines the fee, which stacks on top of any applicable weekend or out-of-allowance charges.
- Tier 1 (0.3% fee): AED, ZAR, MXN, INR, IDR, MYR, VND, LKR, PKR, NGN, and ILS
- Tier 2 (0.6% fee): SAR, THB, PHP, CNY, QAR, KRW, CLP, EGP, UAH, DOP, RSD, KZT, XOF, MDL, XAF, RUB, UZS, JOD, MGA, GTQ, GHS, BGN, TZS, MWK, BWP, MNT, RWF, GNF, BOB, SLE, and COP
- Tier 3 (1.0% fee): All other currencies