ENARA

Trading

The fee you see is the fee you pay.

Radical transparency on cost, stated before you trade, not discovered afterwards.

Cost calculatorIllustrative data

Instrument

Position size

1.0

Spread6.00

0.6 pips

Commission3.50

3.50 / lot

Overnight1.20

Per night held

All-in cost, round turn10.70

Illustrative figures for demonstration. Not a quote.

AAPL214.36 1.49%MSFT428.90 1.58%NVDA121.44 1.74%AMZN186.71 0.89%META498.05 0.72%EUR/USD1.0864 0.13%GBP/USD1.2743 0.50%USD/JPY156.42 0.01%Gold2,364.8 1.04%WTI Crude78.64 0.77%Silver28.42 1.35%US500417.25 0.04%US100121.32 1.80%GER40176.76 0.28%AAPL214.36 1.49%MSFT428.90 1.58%NVDA121.44 1.74%AMZN186.71 0.89%META498.05 0.72%EUR/USD1.0864 0.13%GBP/USD1.2743 0.50%USD/JPY156.42 0.01%Gold2,364.8 1.04%WTI Crude78.64 0.77%Silver28.42 1.35%US500417.25 0.04%US100121.32 1.80%GER40176.76 0.28%

Account fees

What we charge for the account itself.

Account level

Account opening

Free

Free. Applying and being approved costs nothing.

Management fee

Free

Free. We do not charge a recurring fee for holding an ENARA account.

Deposit

Free

Free. Third-party payment providers may apply their own charges.

Withdrawal

To be confirmed

[Amount to be confirmed]. Will be published per method and currency.

Inactivity

To be confirmed

[Policy to be confirmed]. Any threshold and amount will be stated in advance.

Currency conversion

To be confirmed

[Rate to be confirmed]. Applies when a trade settles in a currency other than your account currency.

How our pricing works

Three things make up the cost of a trade.

Beyond account fees, trading cost comes from the market itself. Understanding these three components tells you almost everything about what a position costs to hold.

Select a component

Spreadthe difference between the bid (sell) and ask (buy) price. It is the most common cost of entering a position, and it widens when a market is volatile or thinly traded.

BidAsk

By asset class

Illustrative pricing.

Placeholder, pending final schedule

Stocks

Commission
From [, ]
Spread from
From [, ]
Overnight fee
[To be confirmed]

ETFs

Commission
From [, ]
Spread from
From [, ]
Overnight fee
[To be confirmed]

Currencies

Commission
From [, ]
Spread from
From [, ]
Overnight fee
[To be confirmed]

Commodities

Commission
From [, ]
Spread from
From [, ]
Overnight fee
[To be confirmed]

Indices

Commission
From [, ]
Spread from
From [, ]
Overnight fee
[To be confirmed]

CFDs

Commission
From [, ]
Spread from
From [, ]
Overnight fee
[To be confirmed]

All figures below are illustrative placeholders pending our final published fee schedule. They are not an offer, a quote, or a commitment, and they will be replaced with confirmed values before accounts open.

Questions

Answered plainly.

Costs should be legible before you commit capital. These are the questions we are asked most often about how our pricing behaves.

No. Every value on this page is an illustrative placeholder while the final schedule is confirmed. The published schedule will govern, and we will make it available before you can trade.

The gap between the price at which you can buy and the price at which you can sell at the same moment. If you open and immediately close a position, the spread is roughly what it costs you.

Leverage means you are effectively financing part of the position. The overnight or swap fee is the interest on that financing, applied at each daily rollover. Held long enough, it can become the largest cost of a trade.

No. Where a cost exists we state it, including third-party payment charges we do not control. If you find a charge on your statement you cannot explain, contact us and we will walk through it line by line.

No. The demo is free and uses virtual money. It also reflects illustrative costs so that the practice is realistic rather than flattering.

Read the cost before you take the risk.

Open an account when the schedule is published, or practise the mechanics in a free demo.