CloakFX Fees

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There are no hidden fees; everything we charge is listed on this page.

Account creation
0.00 CLOAK

Realtime market fees
0.00 CLOAK

Order placement*
0.00 CLOAK

Deposit Fees
0.00 CLOAK
0.00 BTC

Withdrawal Fees
0.02 CLOAK
0.0005 BTC

Trading fees
none

Copy Trader fees**
7%

Inactivity fees
none

Minimums
Minimum margin to open an order: 10 USDC
Minimum margin to copy a trader: 10 USDC
Minimum deposit amount: 10 USDC (less non-refundable)

Two-factor Authentication
0.00 CLOAK/BTC

Minimums
Minimum margin to open an order: 10 USDC
Minimum margin to copy a trader: 10 USDC
Minimum deposit amount: 10 USDC (less non-refundable)

Overnight Financing
There are no overnight charges for unleveraged positions!

Market
Long Positions (Mo-Fr, daily excluding Wednesday***)
Short Positions (Mo-Fr, daily excluding Wednesday***)

Market
AUD/NZD
0.0194%
0.0194%
AUD/USD
0.0194%
0.0194%
EUR/AUD
0.0194%
0.0194%
EUR/CAD
0.0194%
0.0194%
EUR/CHF
0.0194%
0.0194%
EUR/GBP
0.0194%
0.0194%
EUR/JPY
0.0194%
0.0194%
EUR/NOK
0.0194%
0.0194%
EUR/SEK
0.0194%
0.0194%
EUR/TRY
0.0194%
0.0194%
EUR/USD
0.0194%
0.0194%
GBP/USD
0.0194%
0.0194%
NZD/USD
0.0194%
0.0194%
USD/CAD
0.0194%
0.0194%
USD/CHF
0.0194%
0.0194%
USD/CNH
0.0194%
0.0194%
USD/JPY
0.0194%
0.0194%
USD/MXN
0.0454%
0.0454%
USD/TRY
0.0454%
0.0454%
USD/ZAR
0.0454%
0.0454%

* Includes all order types: Market, Limit, Stop Entry, (Trailing) Stop Loss and Take Profit.
** Copy Trader fees apply only to profitable copied positions and are deducted as a percentage of the profit. 5% to trader who shared the trade, 2% CloakFX fee.
*** Industry practice to charge overnight financing three times on Wednesdays, We comply to all standarts of the industry, therefore charging overnight fees three times on Wednesdays. We do not charge fees on Saturday and Sunday separately, Saturdays and Sundays considered as 1 day.

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