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Leverage and Commission Prices on Smart Prop Trader:
Leverage and Commission Prices on Smart Prop Trader:
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Written by Branden Abushanab
Updated over a week ago

Leverage and commission costs serve specific purposes aimed at maximizing profits and managing risk effectively. In this article, we will detail the role of leverage and commission costs at Smart Prop Trader as well as review the commission and leverage options offered on the platform.

Role of Leverage and Commission Costs:

  1. Leverage:

    • Purpose: Leverage allows prop traders to amplify the potential returns on their investments. Leverage allows traders to control larger positions in a simulated trading environment than they would be able to with their own capital alone. Because of this multiplier effect, leverage consequently magnifies both gains and losses associated with trades.

    • Risk Management: While leverage can enhance profits, it also increases the level of risk. Therefore, it's imperative that traders judiciously manage leverage to ensure that potential losses are kept within acceptable limits. Risk management strategies may include setting position size limits, using stop-loss orders, and continuously monitoring market conditions and trends.

  2. Commission Costs:

    • Purpose: Commission costs refer to the fees charged by brokerage firms for executing trades on behalf of a firm. These costs are incurred every time a trade is executed and can vary based on factors such as the volume of trades, type of securities traded, and brokerage agreements.

    • Profitability Consideration: It's important to note that commission costs directly impact the profitability of trades. Therefore, traders should aim to optimize trading strategies to minimize commission expenses while maximizing potential profits.

    • Evaluation of Trading Strategies: Additionally, commission costs should be factored into the evaluation of trading strategies while consequently determining which strategy is the best for a user's specific goals given their desired outcome. Profitability calculations must account for these expenses to accurately assess the net returns generated by each strategy.


Commission and Leverage Structure on Smart Prop Trader:

The Commission structure and Leverage on both Match-Trader and DXtrade platforms are detailed below as a function of asset classes:

Asset Class

Symbol

Commissions (per lot)

Leverage

FX Majors & Minors

AUDCAD

$6.00

30:1

AUDCHF

$6.00

30:1

AUDJPY

$6.00

30:1

AUDNZD

$6.00

30:1

AUDUSD

$6.00

30:1

CADCHF

$6.00

30:1

CADJPY

$6.00

30:1

CHFJPY

$6.00

30:1

EURAUD

$6.00

30:1

EURCAD

$6.00

30:1

EURCHF

$6.00

30:1

EURGBP

$6.00

30:1

EURJPY

$6.00

30:1

EURNZD

$6.00

30:1

EURUSD

$6.00

30:1

GBPAUD

$6.00

30:1

GBPCAD

$6.00

30:1

GBPCHF

$6.00

30:1

GBPJPY

$6.00

30:1

GBPNZD

$6.00

30:1

GBPUSD

$6.00

30:1

NZDCAD

$6.00

30:1

NZDCHF

$6.00

30:1

NZDUSD

$6.00

30:1

USDCAD

$6.00

30:1

USDCHF

$6.00

30:1

USDJPY

$6.00

30:1

FX Exotics

EURNOK

$6.00

10:1

EURSEK

$6.00

10:1

EURSGD

$6.00

10:1

EURZAR

$6.00

10:1

GBPZAR

$6.00

10:1

USDCNH

$6.00

25:1

USDMXN

$6.00

20:1

USDNOK

$6.00

10:1

USDSEK

$6.00

10:1

USDSGD

$6.00

10:1

USDZAR

$6.00

10:1

Spot Metals

XAUUSD

$6.00

10:1

XAUEUR

$6.00

10:1

XAGUSD

$6.00

10:1

Commodities

BRENT

---

5:1

WTI

---

5:1

Indices

AUS200

---

10:1

ESTX50

---

10:1

FRA40

---

10:1

GER40

---

10:1

UK100

---

10:1

SPAIN35

---

10:1

JPN225

---

10:1

NAS100

---

10:1

SPX500

---

10:1

US30

---

10:1

US2000

---

10:1

VIX

---

10:1

Crypto

BCHUSD

---

2:1

BTCUSD

---

2:1

ETHUSD

---

2:1

LTCUSD

---

2:1

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