Costs and how
we are paid.
How JAFX is paid
JAFX is paid through the spread. The prices quoted to JAFX by its liquidity provider are marked up by JAFX before they are shown to you. That mark-up is JAFX's revenue on your trade.
You do not pay a separate fee for it. The cost is built into every price you see, and you pay it when you open a position and again when you close it.
What that means in practice
The wider the mark-up, the worse your entry and exit price. JAFX decides the mark-up. It is not set by the market and it is not set by our liquidity provider. The current spread for each instrument is shown on the platform before you place an order.
Overnight financing
Positions held past the daily rollover carry a financing charge, which may be a debit or a credit depending on the instrument and the direction of your position. The applicable rate for each instrument is shown on the platform.
Other costs
Where a deposit, withdrawal or currency conversion charge applies, it is shown to you before you confirm the transaction.
Every charge above reduces your return.