The percentages indicated are applied (multiplying) to the actual value of the trade.
(1) Cost of managing the currency when trading in a currency other than the euro. An implicit margin is applied to the exchange rate included in the table above, applying the specified percentage to the exchange rate and according to the Fee Profile. The exchange rate with four decimal places will be taken into account.
For example, when applying Fee Profile 3, in a purchase transaction for an equivalent value of $2,500 and an EUR/USD exchange rate of 1.0674, the exchange rate applied would be 1.0674 x 0.05% (spread = 0.0005), that is, 1.0679 (1.0674 + 0.0005). This represents an implicit cost of €1.10 [($2,500 / 1.0674) - ($2,500 / 1.0679) = €1.10)], or in percentage terms 0.047%.
In a purchase transaction for an equivalent value of 25,000 SEK and an EUR/SEK exchange rate of 11.2800, the exchange rate applied would be 11.2800 x 0.05% (spread = 0.00564), that is, 11.28564 (11.2800 + 0.0056). This represents an implicit cost of €1.10 [(25,000 SEK / 11.2800) - (25,000 SEK / 11.2856) = €1.10)], or in percentage terms 0.049%.
If it is a sale transaction, the calculated spread would be subtracted from the initial exchange rate.
Find out more