Are there any hidden fees?
TabTrade has no hidden fees whatsoever, and any account fees can be found across our website and in the trading platforms themselves. You should review our Product Disclosure Statement (PDS) in full to understand all costs associated with our products.
Some features of trading such as dividends and corporate actions on shares are not advertised fees charged by us, but rather market mechanics that need to be reflected correctly in our instruments as they are in the underlying assets.
For the fees we do charge, these costs may change over time and differ depending on the instrument being traded or your account settings. If you are unsure, please contact our support team to understand the costs fully.
Does TabTrade charge any trading fees or commissions?
Charging trading fees for volume traded is the core business model of a broker. That said, we aim to provide an institutional grade trading environment for our customers. This means that across all of our account types we aim to keep costs low and competitive in the market.
Some account types use a spread-only model, which means all transaction costs to trade are included within the buy and sell prices you trade on. This is how our Standard Account and Swap-free Account are structured.
For traders who need precise entries and exits, such as scalpers, we combine exceptionally tight spreads with a per-volume commission fee for our other account types. Our Edge and VIP accounts follow this model, allowing for spread averages to go as low as zero pips (no spread cost to open and close) for large parts of the day.
To find which account type suits your trading and experience level, please see more details on our website.
Does TabTrade cover my payment processing fees?
By default, all of our funding methods have zero fees passed on by us. This naturally means that we absorb some costs of processing your payments as part of our service.
Some methods, such as those involving international bank transfers can incur a fee from the sending or receiving bank; unfortunately, these fees are not in our control and so we can’t cover them automatically. Depending on the fees and trading with us, we may be able to cover these fees manually - please speak to our support team to confirm how we can help.
As your funding costs are covered by us it does mean that we need to make exceptions when funding costs incurred by us are not proportionate to the trading activity on the account. In exceptional cases we may pass on funding costs, such as where there is a pattern of depositing and withdrawing without trading - as this behaviour does cost us money.
What are your spreads and typical trading costs?
Spreads fluctuate with market conditions, but as we aim to have some of the most competitive pricing on the market our spreads are typically very low on popular symbols. During normal trading conditions, it’s not uncommon for spreads on major symbols such as EURUSD to be at or around zero for much of the trading day.
Spreads are a feature of healthy markets. They allow liquidity providers to price according to the risk of offering liquidity to you. When news events or other market volatility occurs, spreads naturally widen a bit to account for the increased uncertainty. This is something you should consider when trading, and also to be aware that this is not a fee charged by us but a reflection of the available market liquidity. When we do charge a spread fee on an account type, such as on our Standard Account, it is a fixed spread fee that won’t fluctuate with market conditions.
Our commission fees for Edge Accounts are set at 3.5 USD per lot per side of the trade, or approximately equivalent if trading in a different account currency. We don’t think you should pay more to trade just because of your trading currency - so we aim to keep costs close to equivalent in USD terms.
Do you charge overnight financing / swap fees?
Our symbols reflect the market conditions for any instrument. This means typically you will be charged or paid financing costs (swaps) for holding a position through end of day ‘rollover’.
We pass on these swap costs from our liquidity providers where applicable, such as for FX and metals. In the case of some products, such as indices and shares, the relevant benchmark interest rate (e.g. SOFR) is charged (long positions) or paid (short positions) by us, plus a buy/sell spread, which is standard in the industry.
Swap-free Accounts are also available, but are only available for religious reasons. If you do need a Swap-free Account, you should contact our support team to request access.
Do you charge inactivity fees?
We don’t charge inactivity fees for inactive accounts. Instead, your account will go dormant and your trading accounts will become archived. You can always come back and reactivate them if you decide to trade again.