When choosing a trading platform, users are often attracted by claims of “ultra-low spreads” and “zero commissions.” However, what truly impacts the long-term trading experience are often the undisclosed costs: How is overnight interest calculated? Are there hidden fees for deposits and withdrawals? Does the platform profit indirectly through markups or order rebates ?

At Ace Markets, we believe that the right to know is a fundamental right of users. Therefore, this article will systematically explain all the fees you may encounter during the trading process, ensuring that every cost is clear, traceable, and transparent.

Spread: Derived from the market, no markup

The spread is the difference between the bid and ask prices, and it is the most common form of cost in CFD trading. Ace Markets uses floating spreads for major instruments (such as EUR/USD, XAU/USD, and US500), which directly reflect the real-time depth of global liquidity markets.

For example:

The EUR/USD spread is typically 0.6–1.2 pips during Asian trading hours, and can be as low as 0.3 pips during overlapping European and American trading hours; the average spread for gold (XAU/USD) is approximately 0.3–0.8 USD.

These quotes come from multiple banks and non-bank liquidity providers we partner with; the platform does not add any markup. You can view the current spread in real time on the trading terminal, or view the historical average on the “Product Details” page of our official website. We do not use misleading claims such as “lowest spread 0.0,” as these appear only for a very short time and have no practical reference value.

Overnight interest: calculated based on the real interest rate

When a position is held overnight, the system will charge or pay overnight interest (Swap) based on the interest rate differential of the currency pair. This fee is not a revenue-generating mechanism for the platform, but rather a true reflection of global interbank lending costs.

The calculation formula is open and transparent:

Swap = Number of contracts held × Contract size × Interest rate spread × Exchange rate ÷ 365

Swap rates for both long and short positions are clearly listed on the trading platform and updated daily. For example, going long on EUR/USD typically incurs a small interest payment (due to higher interest rates for the US dollar than the euro), while going long on USD/THB may yield positive interest (due to higher interest rates for the Thai baht).

Please note: Positions held on Wednesday will incur triple overnight interest to cover financing costs over the weekend. This is an internationally accepted practice and not an additional fee charged by the platform.

Deposits and withdrawals: The platform does not charge any handling fees.

Ace Markets does not charge users deposit or withdrawal fees. Whether you use bank transfers, e-wallets, or local payment channels (such as PromptPay, DANA, DuitNow), the platform itself does not charge service fees.

However, please note the following external factors:

Your bank or intermediary bank may charge cross-border transfer fees (usually borne by the sender or receiver, depending on the chosen fee structure); third-party payment channels may have their own fees, which are covered by their terms of service and are not related to Ace Markets. We clearly indicate any potential external fees on the withdrawal page and recommend that users consult their local bank in advance to avoid discrepancies in the amount received.

No hidden profit model: Rejecting markups and order rebates

Some platforms, while claiming “zero commission,” secretly profit through the following methods: artificially widening the spread based on market quotes; and signing “Payment for Order Flow” agreements with liquidity providers, sacrificing user transaction prices in exchange for commissions.

Ace Markets explicitly rejects this practice. As a brand operated by Ace Markets Limited (Company Registration No.: 16042), we employ a Straight-Through Processing (STP) model, where orders are routed directly to the actual liquidity pool. The platform only covers technical and operational costs through spreads, does not participate in customer profits or losses, and does not earn any additional revenue from order flow.

This means that your transaction price is the best price available in the market at that time.

Why is transparent pricing so important?

In the short term, “low price” is more attractive; but in the long term, a predictable and verifiable cost structure is the foundation of a sound deal.

For example, consider a user trading 100 lots of EUR/USD per month: if the platform inflates the spread by 0.5 pips, the hidden annual cost will exceed $600; if overnight interest calculations are opaque, accumulated errors could significantly erode profits. Ace Markets chooses to forgo marketing gimmicks and instead offer a genuine, consistent, and auditable pricing mechanism. Because we believe users have the right to know where every penny goes.

We don’t make money from things you don’t know about.

At Ace Markets, you will not encounter the following: unannounced account management fees; automatic deductions from dormant accounts; or unauthorized subscriptions to paid services after a “free trial”.

All fee rules are detailed in the Customer Agreement and Product Disclosure Statement. The system will provide clear prompts before key operations (such as holding positions overnight or submitting withdrawal requests). You can log in to your account backend at any time to view complete fee details, including each swap, spread estimate, and deposit/withdrawal records.

This is not only a compliance requirement, but also our response to the trust of our users.

Conclusion: Transparency is not an advantage, but a bottom line.

Financial markets are inherently uncertain, but transaction costs should not be one of them. Ace Markets does not promise “the lowest costs,” but it promises “the clearest costs.”

When you click “buy” or “sell,” you should know clearly: what the current spread is; how much interest will be generated by holding the position overnight; and whether there will be fees for withdrawal. This certainty may not bring huge profits, but it allows you to focus on the strategy itself, rather than worrying about being secretly exploited.

Risk Warning: Contracts for Difference (CFDs) trading involves high leverage and may result in the loss of your entire principal. The fee structure described herein is based on current policies and may be adjusted due to market or regulatory changes. Spreads, overnight interest, etc., are affected by factors such as liquidity and interest rate policies; actual values are subject to the real-time display on the trading platform. Please only use funds you can afford to lose and carefully read the relevant product documentation.