This document outlines all relevant fees for Valuta Broker. Make sure that you familiarize yourself with all costs and associated charges for each financial instrument offered by the Company, since these may affect the overall cost of a financial instrument as well as the cumulative effect on return of your investment. Also, make sure that you read the Further Information section at the end of this document, which sets out further information on the applicable fees.
Any examples in the tables are for illustration purposes only.
CFDs (Forex, ETFs, Stocks, Commodities, Indices and cryptocurrencies)
|
Nature |
Type |
Description |
|
One-off costs |
Spread |
The difference between the bid (sell) price and the ask (buy) price. The difference is presented in pips and reflects the cost of opening a position. Spread is dependent on many different factors, including, but not limited to, the underlying liquidity and volatility, time of day and notional trade size. For example, if the underlying asset/ EUR/USD is trading at 1.2029, our ask (buy) price might be 1.2030 and the bid (sell) price might be 1.2028. The spread in this example is (ask-sell price) = 2 pips |
|
Nature |
Type |
Description |
|
One-off costs |
Mark-up Mark-down |
The Company may also apply markup or markdown upon the prices received from its price feed providers in accordance with its capacity as a market maker. The adjustment of spread and/or markups and |
|
Ongoing costs |
Swap fee |
The Company reserves the right to charge the Client a swap fee of 0.01% – 0.5% and in extreme circumstances up to 1.7% of the face value of the position for keeping a position open overnight. The swap fee from Friday to Saturday will be 3 (‘’three’’) times higher than the normal swap fee. The swap fee can be subject to changes in the future. |
|
Other costs |
Slippage Dormant account fees |
Slippage may occur when trading in CFDs. Slippage is the difference between the expected price of an Order, and the price the Order is actually executed at. In some situations, at the time an Order is presented for execution, the specific price shown to the Client may not be available; therefore, the Order will be executed close to or a number of pips away from the Client’s requested Price. Slippage can occur at times of low liquidity or high volatility (e.g. after economic events or news announcements) and is a normal element of trading in CFDs. Lastly, slippage might be positive or negative. In the absence of any account activity for a period of at least ninety (90) consecutive days, an amount of $10 (Dollar ten or the equivalent amount in another currency on the day of deduction of the fee) every month in order to maintain the account, on the condition that the Client account has the available funds. |
Digital Options, Blitz Options and Binary Options on Forex and Stocks
|
Nature |
Type |
Description |
|
One-off costs |
Premium |
The premium charged to purchase options is displayed inside the trading interface and represents the fee to pay to buy an option. Such premium contains bid and ask price thus, it also includes spread and possible mark-up. |
|
Ongoing costs |
— |
— |
|
All other costs related to the transacti ons |
Slippage |
Slippage may occur when trading in CFDs. Slippage is the difference between the expected price of an Order, and the price the Order is actually executed at. In some situations, at the time an Order is presented for execution, the specific price shown to the Client may not be available; therefore, the Order will be executed close to or a number of pips away from the Client’s requested Price. Slippage can occur at times of low liquidity or high volatility (e.g. after economic events or news announcements) and is a normal element of trading in CFDs. Lastly, slippage might be positive or negative. |
|
Other costs |
Dormant account fees |
In the absence of any account activity for a period of at least ninety (90) consecutive days, an amount of $10 (Dollar ten or the equivalent amount in another currency on the day of deduction of the fee) every month in order to maintain the account, on the condition that the Client account has the available funds. |
Further information on fees:
1.1. The company reserves the right to apply a currency conversion fee of up to 3% for each transaction (i.e. deposits and withdrawals) when converting from or to your trading account currency and the processing currency of the payment.
1.2. Upon the discretion of the Company, withdrawal fees shall be applicable in either of the following ways:
|
Currency |
Minimum fee Maximum fee |
|
PHP Philippine peso |
50 1,500 |
|
RUB Russia Ruble |
50 1,500 |
|
GBP Pound sterling |
1 25 |
|
ZAR South African rand |
15 450 |
|
THB Thai baht TRY Turkish lira |
30 1,000 32 941 |
|
EUR Euro |
1 30 |
|
BRL Brazilian Real IDR Indonesian Rupiah MYR Malaysian Ringgit |
5 125 15,000 450,000 5 125 |
|
VND Vietnamese Dong |
25,000 750,000 |
|
USD United States Dollar |
1 30 |
|
CNY Chinese Yuan |
7 200 |
|
INR Indian rupee |
74 2207 |
|
COP Colombian peso |
3600 106600 |
|
AED UAE Dirham |
3.67 110 |
|
SAR Saudi Riyal |
3.75 112.52 |
|
EGP Egyptian Pound |
30 900 |
|
CRC Costa Rican Colon |
550 16500 |
|
DOP Dominican Peso HKD Hong Kong Dollar KRW Won |
60 1700 8 240 1300 39000 |
|
MAD Moroccan Dirham |
11 310 |
|
NGN Naira QAR Qatari Rial |
1590 47620 4 110 |
|
TWD New Taiwan Dollar |
30 910 |
|
MXN Mexican Peso |
21 620 |
|
SGD Singapore Dollar |
1.50 43 |
|
PEN Sol |
4 114 |
|
CLP Chilean Peso |
1000 30000 |
Company in connection with such deposit and withdrawal. Such fees relate to the fees applicable by any payment service providers and/or any other third parties against the Company in relation to the execution of such deposit/withdrawal transactions. The Company may reasonably assume in the event of such Behavior that the Client contracted with the Company with an intention to defraud the Company.
An account that has no trading and/or financial activity performed (i.e. deposit, and/or new trading operation and/or trading operation that has remained open) for a period of 90 days shall be considered to be dormant and/or inactive. Furthermore, logging in and out of the trading account is not considered to be account activity.
The administration fee shall be deducted from the Client’s account on the 90th calendar day of inactivity when the account is considered dormant. Further to this, each month the Company will consider the activity over the past 90 days in determining if the administrative fee will be charged again.
The Company strives to ensure and keep correspondence with each respective Client and will inform the Client by email that their account will be treated as a Dormant Account.
If the Client account does not have the necessary funds for the administration fee, the Company reserves the right to charge a lower amount to cover administrative expenses and close the account completely.
All the amounts of the fees and other expenses are stated without any taxes and charges that may be imposed on the mentioned fees either from the side of the Client or the Company.
The Company shall be entitled to charge the client an administrative fee of 20 USD (“twenty dollars”) for the closure of their account, where it has been identified that the client has not reached the age of maturity in the country, which the client is a citizen of or resides in.
In case the remaining balance is less than 20 USD (“twenty dollars”), the Company shall reserve the right to charge up to 20 USD (“twenty dollars”) from the client’s account.
The Company shall be entitled to charge the client an administrative fee of 20 USD (“twenty dollars”) where it has been identified that the client has not provided accurate, complete and true information about himself and/or the information and/or documents submitted to the Company are inauthentic and/or the client attempts to bypass any verification procedure by using fraudulent means).
In case the remaining balance is less than 20 USD (“twenty dollars”), the Company shall reserve the right to charge a lower amount from the client’s account.
The administrative fee, among others, represents an approximate and reasonable cost of the Company in such circumstances, including time spent for communication and/or actions that must be taken.