What are the fees when trading?

TenXTrade offers 3 types of trading accounts and your selection will determine what fees will apply:

1. TenXTrade (ZAR): with this account there are no broker commission when you trade Currency Pairs, Commodities, or Indices. However, each currency pair, commodity, indices, and equities have a spread that applies. The spread is the difference between the buying (bid) and selling (ask) price. The bigger the difference between the bid and the ask the larger the spread. The only other fee involved is the “Swap fee” charged by the relevant server provider/broker to have the trade remain open overnight. You can also trade US stock CFDs on this account. On US Stock CFDs you will pay commission for the trade. For every lot you trade the fee is $15 commission per trade. On this account the spread is low but commission high. With the TenXTrade (ZAR) account you trade in South African Rands (ZAR).  
2. TenXTrade JSE: With this account there are no broker commission when you trade Currency Pairs, Commodities, Indices. However, each currency pair, commodity, indices, and equities have a spread that is charged. The spread is the difference between the buying (bid) and selling (ask) price. The bigger the difference between the bid and the ask the larger the spread. The only other costs involved is the “Swap fee” charged by the relevant server provider/broker to have the trade remain open overnight. You can also trade US stock CFDs on this account. On US Stocks CFDs commission is charged. For every lot you trade the fee is $15 commission per trade. You can also trade Johannesburg Stock Exchange stock CFDs on this account, and you will be charged commission on a trade which fee amounts to 0.57% of the value of the trade. On this account the spread is high but commission low. With this account you trade in South African Rands (ZAR). 
3. TenXtrade USD: With this account there are no brokers commission when you trade Currency Pairs, Commodities, Indices. However, each currency pair, commodity, indices, and equities have a spread that is paid by the Trader. The spread is the difference between the buying (bid) and selling (ask) price. The bigger the difference between the bid and the ask the larger the spread. The only other costs involved is the “Swap fee” charged by the relevant server provider/broker to have the trade remain open overnight. You can also trade US stock CFDs on this account. You will be charged $15 per trade for every lot you trade. On this account the spread is high but commission low. With this account you trade in American Dollars (USD) and exchange rates apply as at the time of executing the trade(s).