The fees, charges and spreads applicable to trading Accounts held with Makeba Markets. Read this together with the Client Agreement.
The figures below are indicative and typical of our account offering. Spreads are variable and the exact rates, commissions and financing charges applicable to your Account are those published on the Trading Platform at the time you trade. Confirm current rates on the platform before relying on them.
Spreads are variable and reflect prevailing market liquidity and volatility. Typical (non-guaranteed) spreads are as follows:
| Instrument class | Typical spread from |
|---|---|
| Major currency pairs (e.g. EUR/USD) | 0.8 pips |
| Minor / cross currency pairs | 1.8 pips |
| Indices (e.g. US30, UK100) | 1.0 point |
| Commodities (e.g. Gold, WTI) | 0.3 points |
Our standard account is commission-free, with costs reflected in the spread. Where a commission-based (raw spread) account type is offered, commission is charged at 3.50 USD per lot, per side, as published on the Trading Platform.
Positions held open past the Company's daily rollover time are subject to a swap charge or credit, calculated with reference to the relevant interbank interest rate differential and the Company's mark-up, published and updated on the Trading Platform.
An inactivity fee of 10 USD (or currency equivalent) per month may be charged on Accounts with no trading activity for a continuous period of 6 months, subject to prior notice and any minimum balance protections required by Applicable Regulations. The fee will not take an Account below a zero balance.
The Company does not charge a fee for standard deposits. The Company does not charge a fee for standard withdrawals; however, third-party payment provider or intermediary bank charges may apply and, where known, will be disclosed prior to processing. See our Deposit and Withdrawal Policy for full details.
Where a deposit, withdrawal or trade involves a currency conversion (for example between your funding currency and your Account base currency), a conversion margin of up to 0.5% may be applied to the prevailing market rate. The applicable rate and margin are disclosed prior to, or as soon as reasonably possible after, the transaction.
The Company will provide reasonable prior notice of any material increase in fees or charges via the Client's registered contact details and/or the Company's website, save where an immediate change is required by market conditions.