Trading Conditions
The exact spread, commission, leverage, swaps and trading hours for every instrument you can trade with Pipcy. Spreads update live from our MT5 servers.
| Instrument | Spread (Reconnecting live spreads) | Commission | Leverage | Contract size | Swap long | Swap short | Market |
|---|---|---|---|---|---|---|---|
Click a row to see its full weekly trading schedule. Swaps are shown in points per lot per night. Triple swap is charged on one night each week; the day is shown in each row's schedule.
How to read this table
What each column means, in plain words.
Raw spread
The difference between the bid and ask price, passed to you with no markup. It changes all the time and is usually lowest during the main market sessions.
Commission
$6 per standard lot on forex, charged once when you open the position. That one charge covers both sides of the trade. Indices, commodities and crypto have no commission.
Leverage
Set per asset class: forex 1:100, indices 1:30, commodities including gold 1:20, crypto 1:2.
Contract size
What one standard lot represents, as shown in MT5. For example, 1 lot of EURUSD = 100,000 units, and 1 lot of gold (XAUUSD) = 100 contracts.
Swap
The overnight fee charged or paid when you hold a position past the daily rollover. Positive values are paid to you; negative values are charged.
Trading hours
Our MT5 server runs on GMT+0. Each instrument has its own sessions, including a short daily break for most forex, index and energy markets.
Raw spread
The difference between the bid and ask price, passed to you with no markup. It changes all the time and is usually lowest during the main market sessions.
Conditions shown are those currently configured on Pipcy's MT5 servers and may change with market conditions.