FX-Trading Prices and Services

The FX-Trading prices and services below are taken from the "Supplementary list of FX-Trading prices and services of biw AG", the custodian and account credit institution for clients acquired through ViTrade AG. All other current terms and conditions can be found in the Supplementary list of FX-Trading prices and services of biw AG.

Account Management and Custody
The custodian and account bank is biw Bank für Investments und Wertpapiere AG.
The safe custody securities account set up for FX-Trading is held in EUR and is free of charge.


Order Fees
Currently there are no order fees for the FX-Trading.

Trading Volume
The counter value for each buy or sell order is calculated on the current buy and sell price of the currency pair multiplied by the number of purchased or sold currency units. Trading unit is a "lot" which always corresponds to 100.000 units of the corresponding base currency. Always the first currency given in a currency pair is the base currency. In certain currency pairs also so-called mini-lots (equivalent to 0.1 lot) are tradeable.

Swap-Rates for Overnight-Positions
For keeping a position overnight forex-overnight-interests (swap-rates) will be calculated. This means that open positions get charged with interests for the benefit of (generally short-positions) or account of (generally long-positions) the client. No swap-rate will be calculated respectively there is no interest calculation when a position is closed prior that point of time. At certain interest levels between base and counter currency it is possible that a swap-rate is to be paid on the long and short side.

The current swap-rates (shown in pips):

Margin
The margin which needs to be deposited at the opening of positions is 1,000 EUR per lot independent from the base currency.

Interests
Interest on debt:
For debit balances respectively negativ currency balances on the FX-Transfer account (FX-Trading account) there are no interest on debt calculated.

Interest on deposits:
There are no interest calculations for deposits on the FX-Transfer account (FX-Trading account).

Other Fees
There are no other fees in relation to the FX-Transfer account and FX-Trading account or the FX-Trading platform.
All value-added, transaction and other taxes as well as all expenses which are generated in conjunction with the related financial transaction have to be paid by the client.
Taxes and contributions whose collection or deduction is regulated by law will be taken or deducted from payments or credits to the client. A tax relevant booking can also be done on the cash account which is held at the biw AG.

Spreads
The spreads below are minimum spreads. These spreads may vary in illiquid or volatile trading phases!

AWARDS