COMMISSIONS

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Spot Currencies

Giga Markets delivers tight spreads and strong liquidity by aggregating pricing from 17 of the world's largest foreign exchange dealers, collectively representing over 60% of the global interbank market share. This aggregation allows us to offer quotes as narrow as 0.1 PIP. Unlike many currency brokers who embed fees into marked-up quotes and advertise zero commissions, Giga Markets follows a transparent pricing model. We pass through the raw prices we receive and apply a separate, low commission ensuring clarity in every trade.

Commission Tiers

Monthly Trade Value (CAD)1 Commission Rate
≤ 1,000,000,000 0.18 basis points2 * Trade Value3
1,000,000,000.01 - 2,000,000,000 0.14 basis points2 * Trade Value3
2,000,000,000.01 - 5,000,000,000 0.09 basis points2 * Trade Value3
> 5,000,000,000 0.07 basis points2 * Trade Value3

Minimum per Order

Tier Minimum Fee (CAD)
Tier I CAD 1.80
Tier II CAD 1.35
Tier III CAD 1.12
Tier IV CAD 0.90

Notes:

  1. Source: Euromoney FX Survey 2018, the largest global survey of foreign exchange service providers. Or the equivalent amount in CAD.
  2. 1 basis point = 0.0001.
  3. Currency trade commissions are calculated based on trade value and converted into the account's base currency.
  4. Commissions apply to all order types.
  5. All exchange and regulatory fees are included in the pricing.
  6. Giga Markets Tiered pricing model (i.e., commission plus venue fees/rebates) is not intended as a direct pass-through of exchange or third-party costs. The fees charged to clients may exceed the actual costs incurred by Giga Markets. For example, Giga Markets may receive volume-based discounts or rebates that are not passed on. In some cases, rebates shared with clients may be less than those received by Giga Markets. Additionally, Giga Markets may benefit from reduced third-party fees such as exchange or clearing fees which may not be reflected in client pricing.
  7. When orders are modified, they are treated as canceled and replaced. On some exchanges, this may trigger commission minimums as if they were separate new orders. For instance, if you place an order for 200 shares and 100 execute, then modify and execute the remaining 100, minimums may apply to both parts. Overnight orders are also treated as new for commission purposes.
  8. Where applicable, taxes such as VAT, GST, or other consumption taxes will be applied separately. In jurisdictions like Singapore, GST may apply even for services rendered and consumed abroad. Giga Markets does not provide tax advice; please consult a qualified professional.
  9. For currency trades processed via the auto-conversion feature, Giga Markets may adjust the exchange rate by 0.03% at its discretion. No additional commission is charged on these auto-conversion transactions.
  10. Giga Markets reserves the right to modify rates at any time. Commission rates may differ depending on client arrangements or programs. The listed rates apply to direct Giga Markets clients only. Clients introduced through third-party brokers or managed by advisors may be subject to additional fees set by those parties. Please check with your broker or advisor for details.