Crypto Edge applies commissions and swap fees in both the Crypto Edge Evaluation and the Crypto Edge Performance Account.
Trading Costs:
Commission: $7 per $10,000 traded (round lot, includes both opening and closing a trade).
Swap Fee: 0.09% per trade (applies when holding positions overnight, deducted at 00:00 UTC).
How Fees Affect Your Risk Limits:
Commissions, swap fees and slippage apply to your risk calculations.
If your maximum daily loss is 4% and your stop-loss order is set at 3.90%, commissions, swap fees and slippage could result in a breach of your daily loss limit.
Realistic Trading Environment:
The Crypto Edge evaluation environment replicates real trading conditions with accurate liquidity and order book depth.
Traders should account for swap fees when holding trades overnight and consider how that may affect overall risk exposure.
By understanding these costs, traders can better manage their risk and optimize their strategies within the Crypto Edge Evaluation and Performance Accounts.