Euro Pacific Bank

Contracts for Difference

EURO PACIFIC TRADER BROKERAGE ACCOUNT COMING SOON

The Global TradeStation platform is currently undergoing change of technology provider and custodian. Our new brokerage platform, Euro Pacific Trader, will be officially released shortly. In the meantime, please review its commissions below.
NOTE: Commissions are still subject to change as we finalize testing and launch of the platform.

Share CFDs

Share CFDs use a Volume-Tiered pricing structure in which all exchange and regulatory fees are included. Commissions apply to all order types.

View Pricing Structure

Index CFDs

Index CFDs use a Fixed pricing structure. Commissions apply to all order types.

View Pricing Structure

Forex CFDs

Forex CFDs use a volume tiered pricing structure. Tiers are based on the combined Monthly Trade Value of Forex CFD and Spot Forex trades.

View Pricing Structure

 

Risk Warning

  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
  • 65% of retail investor accounts lose money when trading CFDs with Euro Pacific.
  • You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs use a Volume-Tiered pricing structure in which all exchange and regulatory fees are included. Commissions apply to all order types.

Risk Warning

  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
  • 65% of retail investor accounts lose money when trading CFDs with Euro Pacific.
  • You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

 

Americas

Brazil Brazil Share CFDs

Monthly Value (in BRL) Per Trade Fee Minimum per Order (BRL)
<= 40,000,000 0.24% 30
40,000,001 – 400,000,000 0.20% 20
> 400,000,000 0.16% 10

Example

BRL 50,000 Value CFD = BRL 120

 

USA United States Share CFDs

Volume (per Month) 1 Euro Pacific Commission per Share (USD) Minimum per Order (USD)
<= 300,000 0.020 5.00
300,001 – 3,000,000 0.0195 5.00
3,000,001 – 20,000,000 0.019 5.00
20,000,001 – 100,000,000 0.0185 5.00
100,000,000 0.018 4.65

Example

If you execute 500,000 US Share CFDs in a month, your Euro Pacific Commission would be USD 4,800:
300,000 CFDs at USD 0.010 = USD 3,000
200,000 CFDs at USD 0.009 = USD 1800

 

Notes:

  1. Volume tiers are applied based on monthly cumulative trade volume summed across US Share CFDs at the time of the trade. European Share CFD trades will not count towards the monthly volume (and vice versa). The above commissions include all fees and are applied on a marginal basis for a given calendar month.

  • All exchange and regulatory fees included.
  • VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
  • Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.

EMEA

European_Union Europe Share CFDs

Monthly Value (in EUR) 1 Per Trade Fee Minimum per Order
GBP EUR CHF USD SEK EUR (Finland) DKK NOK
<= 10,000,000 0.1% 6.00 6.00 6.00 6.00 78.00 9.50 78.00 78.00
10,000,001 – 100,000,000 0.06% 4.00 4.00 4.00 4.00 58.00 7.00 58.00 58.00
> 100,000,000 0.04% 2.00 2.00 2.00 2.00 58.00 7.00 58.00 58.00

 

European_Union Eastern Europe Share CFDs

Per Trade Fee Minimum (CZK) 2
Czech Republic 0.34% 120 per Trade + 10 per Order

Example

CZK 75,000 Value CFD = CZK 255.00

 

South_Africa South Africa Share CFDs

Per Trade Fee Minimum (ZAR)
<= 150,000,000 0.24% 100 per Order
150,000,001 – 1,500,000,000 0.20% 70 per Order
1,500,000,000 0.18% 30 per Order

Example

ZAR 300,000 Value CFD = ZAR 720

 

Notes:

  1. The CFD tiers are based on the Monthly Trade Value as expressed in EUR. When calculating the Monthly Trade Value in EUR, Euro Pacific converts any non-EUR denominated CFD trade to its EUR-equivalent using the most recent exchange rate. In this way, stock trades denominated in non-EUR currencies will be counted towards the monthly value for commission breaks.
  2. The minimum fees are additive. For example, an order resulting in a single execution carries a minimum fee of CZK 140. An order executed in two tranches carries a minimum fee of CZK 280.

  • Commissions apply to all order types. In addition a surcharge is applied to Euro Pacific Algo orders (VWAP, DarkIce, etc.) for CFDs on European shares as follows:
    • GBP denominated 0.03%
    • EUR denominated 0.02%
    • CHF denominated 0.05%
    • EUR (Finnish only) denominated 0.05%
    • SEK and DKK denominated 0.20%
  • All exchange and regulatory fees included.
  • VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
  • Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.

Asia-Pacific

Australia Australia Share CFDs

Monthly Value (in AUD) Per Trade Fee Minimum per Order (AUD)
<= 10,000,000 0.1% 10.00
10,000,000 0.06% 6.00

Example

AUD 25,000 Value CFD = AUD 25.00

 

Hong_Kong Hong Kong Pass-Through CFD Fees

Fee
Stamp Duty 0.10% 1
SFC Transaction Levy 0.0027%

 

Hong_Kong Hong Kong Share CFDs

Monthly Value (in HKD) Per Trade Fee Minimum per Order (HKD)
<= 300,000,000 0.1% 70.00
> 300,000,001 0.06% 76.00

Example

HKD 50,000 Value CFD = Euro Pacific Execution Fee HKD 70 + SFC Levy HKD 1.35 + Stamp Duty HKD 50 = HKD 121.35

 

Japan Japan Pass-Through CFD Fees

Fee
Clearing JPY 2.95 + 0.0004%

 

Japan Japan Share CFDs

Monthly Value (in JPY) 2 Per Trade Fee Minimum per Order (JPY)
<= 9,000,000,000 0.06% 1000
9,000,000,001 – 20,000,000,000 0.04% 940
> 20,000,000,000 0.03% 930

Example

JPY 500,000 Value CFD = Euro Pacific Execution Fee JPY 1000 + Clearing Fixed JPY 2.95 + Clearing Variable JPY 2.00 = JPY 1004.95

 

Singapore Singapore Share CFDs

Monthly Value (in SGD) Per Trade Fee Minimum per Order (SGD)
<= 50,000,000 0.22% 10.00
50,000,001 – 150,000,000 0.18% 9.10
> 150,000,000 0.16% 8.70

Example

SGD 50,000 Value CFD = Euro Pacific Execution Fee SGD 110.00

 

Notes:

  1. Round up to the nearest 1.00
  2. Tiers are based on the combined Monthly Trade Value expressed in JPY of CFD and Share trades. The per trade fee is applied on a marginal basis, in the same way as for Europe and the US.

  • Commissions apply to all order types. In addition a surcharge is applied to Euro Pacific Algo orders (VWAP, DarkIce, etc.) for CFDs on Asian shares as follows:
    • AUD, HKD, and SGD denominated 0.10%
  • All exchange and regulatory fees included.
  • VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.
  • Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 contracts is submitted and 100 contracts execute, then you modify the order and another 100 contracts execute, a commission minimum would be applied to both 100 contract orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.

Index CFDs use a Fixed pricing structure. Commissions apply to all order types.

Risk Warning

  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
  • 65% of retail investor accounts lose money when trading CFDs with Euro Pacific.
  • You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

 

North America

Contract Euro Pacific Symbol Per Trade Fee Minimum per Order Multiplier 1
US 500 IBUS500 0.02% USD 5.00 1
US 30 IBUS30 0.02% USD 5.00 1
US Tech 100 IBUST100 0.025% USD 5.00 1

Example

1 IBUS30 Contract with Trade Value USD 25,000 = USD 5.00

 


Europe

Contract Euro Pacific Symbol Per Trade Fee Minimum per Order Multiplier 1
UK 100 IBGB100 0.01% GBP 2.00 1
EURO 50 IBEU50 0.020% EUR 2.00 1
GERMANY 30 IBDE30 0.01% EUR 2.00 1
FRANCE 40 IBFR40 0.020% EUR 2.00 1
SPAIN 35 IBES35 0.020% EUR 2.00 1
NETHERLANDS 25 IBNL25 0.020% EUR 2.00 1
SWITZERLAND 20 IBCH20 0.020% CHF 2.00 1

Example

1 IBNL25 Contract with Trade Value EUR 25,000 = EUR 5.00

 


Asia-Pacific

Contract Euro Pacific Symbol Per Trade Fee Minimum per Order Multiplier 1
JAPAN 225 IBJP225 0.020% JPY 940.00 1
HONG KONG 50 IBHK50 0.020% HKD 78.00 1
AUSTRALIA 200 IBAU200 0.020% AUD 2.00 1

Example

1 IBHK50 Contract with Trade Value HKD 30,000 = HKD 78.00

 

Note:

  1. Times index level. For example: If the index level for IBUS500 is 1550
    Minimum order size 1 unit x 1550 = USD 1550

Our tight spreads and substantial liquidity are a result of combining quotation streams from 16 of the world’s largest foreign exchange dealers which constitute more than 60%1 of the market share in the global interbank market. This results in displayed quotes as small as 0.1 PIP. Euro Pacific passes through the prices that it receives and charges a separate low commission. We do this in the interest of providing a transparent pricing structure instead of marking up our quotes and charging nothing in commissions as is the practice with many forex brokers. Tiers are based on the combined Monthly Trade Value of Forex CFD and Spot Forex trades.

 

Monthly Trade Amount2 Commissions Minimum per Order2
USD <= 1,000,000,000 1.40 basis point3 * Trade Value4 USD 4.00
USD > 1,000,000,001 Contact Us Contact Us

Example

10,000 USD/CAD Forex Contracts = USD 4.00
100,000 USD/EUR Forex Contracts = USD 14.00
1,000,000 USD/GBP Forex Contracts = USD 140.00

 

Risk Warning

  • CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
  • 65% of retail investor accounts lose money when trading CFDs with Euro Pacific.
  • You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

 

Notes:

  1. Or USD currency equivalent
  2. 1 basis point=0.0001.
  3. Commissions for forex trades are calculated off the trade value and then converted and charged to the base currency of the account.

  • Commissions apply to all order types.
  • All exchange and regulatory fees included.
  • Euro Pacific’s Tiered commission models are not intended to be a direct pass-through of exchange and third-party fees and rebates. Costs passed on to clients in Euro Pacific’s Tiered commission schedule may be greater than the costs paid by Euro Pacific to the relevant exchange, regulator, clearinghouse or third party. For example, Euro Pacific may receive volume discounts that are not passed on to clients. Likewise, rebates passed on to clients by Euro Pacific may be less than the rebates Euro Pacific receives from the relevant market. For example, Euro Pacific may receive enhanced rebate payments for exceeding volume thresholds on particular markets, but typically will not pass these enhancements directly to clients.
  • Modified orders will be treated as the cancellation and replacement of an existing order with a new order. On certain exchanges, this may have the effect of subjecting modified orders to commission minimums as if they were new orders. For example, if an order for 200 shares is submitted and 100 shares execute, then you modify the order and another 100 shares execute, a commission minimum would be applied to both 100 share orders. Orders that persist overnight will be considered a new order for the purposes of determining order minimums.
  • VAT, also referred to as consumption tax, goods and services tax, where applicable, will be separately applied for eligible services.