FIX API Terminal has no license fee and no setup fee. The platform is free to download and use — you pay only a small volume-based fee on the trades you make. This page explains how that fee works, how it is calculated for every instrument type, and how it compares with the cost of a typical MT4 broker.
Quick Answer: FIX API Terminal is free to download — there is no license or setup fee. You pay only a volume-based fee that depends on how much you trade, starting at $1.00 per round-turn standard lot and dropping with higher monthly volume. The fee is calculated from the notional value of each trade, so it works the same way for Forex, metals, indices, and other CFDs.
How FIX API Terminal Pricing Works
FIX API Terminal uses a simple, usage-based model. There is no charge to download the platform, no setup fee, and no monthly license fee. Instead, you pay a small fee based on your trading volume — so the cost scales with how much you actually trade.
The fee has three tiers. The more you trade in a calendar month, the lower your rate becomes. The tier is based on the total volume traded in the previous month.
Volume Fee Tiers
| Tier | Monthly volume (base currency) | Per side | Round turn |
|---|---|---|---|
| Tier 1 | Under 10,000,000 | $0.50 | $1.00 |
| Tier 2 | 10,000,000 – 100,000,000 | $0.35 | $0.70 |
| Tier 3 | Over 100,000,000 | $0.20 | $0.40 |
The rates above are shown per 100,000 units of base currency — one standard lot. “Per side” is the fee for opening or closing a position; “round turn” covers both. There are no extra charges for transferring positions, and no hidden micro-fees.
How the Fee Is Calculated for Every Instrument
FIX API Terminal calculates the fee from the notional value of each trade — the full value of the position, not its price. This is what makes the same model work for Forex, metals, indices, and other CFDs without separate rate tables.
Notional value is calculated as: contract size × price × number of lots, converted to US dollars. The fee is then:
Fee (round turn) = Notional value ÷ 1,000,000 × tier rate
Tier 1: $10 per $1M · Tier 2: $7 per $1M · Tier 3: $4 per $1M
A few worked examples at the Tier 1 round-turn rate ($10 per $1,000,000 of notional value):
| Instrument (1 lot) | Notional value | Round-turn fee |
|---|---|---|
| Forex — EUR/USD (100,000 EUR @ 1.08) | ≈ $108,000 | ≈ $1.08 |
| Metals — Gold (100 oz @ $2,400) | $240,000 | $2.40 |
| Indices — US 30 ($1/point @ 40,000) | $40,000 | $0.40 |
| Energy — Crude Oil (1,000 bbl @ $80) | $80,000 | $0.80 |
Because the fee follows notional value, you always pay in proportion to the real size of your position — the calculation is consistent whether you trade a currency pair, a metal, an index, or another CFD.
FIX API Terminal Fee vs a Typical MT4 Broker
On a standard MT4 broker, the cost of access is usually built into the broker’s pricing — through a wider spread, a commission, or both. It is rarely shown as a separate line. FIX API Terminal works differently: you trade on the raw pricing your FIX API broker provides, and FIX API Terminal charges a small, transparent volume fee on top.
The table below is an illustrative comparison of the access cost for one standard lot of EUR/USD, round turn. The figures are typical averages used only to show the difference in model — actual costs vary by broker, account type, and market conditions.
| Route | How the cost is charged | Typical access cost (round turn) |
|---|---|---|
| Typical MT4 broker — standard account | Bundled into a wider spread; not shown separately | ≈ $10 – $15 (spread markup) |
| Typical MT4 broker — ECN / raw account | Raw spread plus a separate broker commission | ≈ $6 – $7 (commission) |
| FIX API Terminal | Transparent volume fee shown as a separate line, on top of your FIX API broker’s raw pricing | $1.00 (Tier 1) — down to $0.40 (Tier 3) |
The main difference is transparency. With a typical MT4 broker, the cost of using the platform is absorbed into the spread or commission, so it is hard to see exactly what you are paying for access. With FIX API Terminal, that cost is a small, clearly stated volume fee, and you can see it on every trade.
The comparison figures above are illustrative averages for explaining the pricing model, not a quote. Actual costs depend on the broker, the account type, the instrument, and market conditions. FIX API Terminal’s volume fee is separate from — and additional to — the spread and any commission set by your FIX API broker. Trading involves risk.
What You Pay and What You Don’t
With FIX API Terminal you do not pay a download fee, a setup fee, or a monthly license fee, and there are no charges for transferring positions. You do pay the volume-based fee shown above. Separately, live trading still requires an account with a broker that provides FIX API connectivity, and that broker sets its own spreads and any commissions — those broker costs are not part of FIX API Terminal’s fee.
Frequently Asked Questions
Is FIX API Terminal free?
The FIX API Terminal software is free to download and use — there is no license or setup fee. You pay only a small volume-based fee on the trades you make.
How much does FIX API Terminal cost per trade?
The fee starts at $1.00 per round-turn standard lot (Tier 1) and drops to $0.70 (Tier 2) and $0.40 (Tier 3) as your monthly trading volume increases.
How is the fee calculated for CFDs, metals, and indices?
The fee is based on the notional value of each trade — contract size × price × lots, in US dollars — at a rate of $10, $7, or $4 per $1,000,000 of notional value depending on your tier. This works the same way for every instrument.
How does the fee compare to an MT4 broker?
A typical MT4 broker builds its access cost into a wider spread or a commission, often $6–$15 per round-turn lot in total and not shown separately. FIX API Terminal charges a small, transparent volume fee instead — though exact costs always depend on the broker and account type.
Are there any hidden fees?
No. There is no setup fee, no micro-fees, and no charge for transferring positions. You pay the volume-based fee, and your FIX API broker separately sets its own spreads and commissions.
Does paying the fee guarantee a profit?
No. FIX API Terminal is a trading platform, not an investment service. The fee is the cost of using the platform — trading still involves risk, and results depend on your strategy, your broker, and market conditions.
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