Costs are the part of the arithmetic traders most often leave out of a risk plan, and they are the reason an account can breach on a day that looked flat. Publishing them per lot, rather than as a spread footnote, makes the daily buffer calculable before the session rather than after it.
Trading rules
Commission,and where it lands.
Commission is $3.50 per side, $7 per lot round turn on all three programmes, charged on the simulated account. It is not a separate bill. It comes out of the same buffer the daily loss limit measures, so costs on a heavy day reduce the room you have left before a breach.
The rule
What does trading cost?
Percentages are what the industry publishes. These are the same rules in dollars, worked on a $100,000 simulated account, so there is nothing left to convert.
- Commission per side
- $3.50
- Round turn per lot
- $7.00
- Charged on
- The simulated account
Never invoiced separately.
- Cost of 10 round-turn lots10 × $7.00
- $70
On a $100,000 1 Step that is 1.4% of the day's loss buffer, before any losing trade.
- Account fee
- One-time
No subscription and no reset to buy back. The evaluation fee is the only outlay.
Plan applicability
Which programmesthis rule applies to
Our three programmes do not share one rulebook. This table is the part of the page to read before you buy.
- InstantApplies
$3.50 per side, $7 per lot round turn
Against a 3% daily loss limit, so costs eat a larger share of the buffer here than on the other two.
Why it exists
The reasoning,stated plainly
Worked example
The same rule,as a number
A $100,000 simulated account, because that is the size most people are deciding about.
A busy day on a $100,000 Instant account
The daily loss limit is $3,000. Costs come out of that.
- 40 round-turn lots40 × $7.00
- $280
- Realised trading loss
- $2,600
- Total against the limit
- $2,880
- Buffer remaining
- $120
A day that felt like a $2,600 loss is $2,880 against the limit. On the tighter Instant buffer that is the difference between a bad day and a breached account.
Commonly misread
What tradersget wrong here
Every item below has cost somebody an account. They are published for that reason rather than for completeness.
“Commission is billed separately”
It is charged on the simulated account, which is why it affects the risk limits.
“Costs do not count toward the daily loss limit”
Commission, spread and slippage all reduce the available daily buffer.
The full cluster
Every questionabout this rule
The answers our support team works from, each on its own page.
Can commissions and trading costs affect my Daily Loss Limit?
Yes. Trading costs affect account performance and should be allowed for when managing your risk.
Is the fee recurring?
Unless a product clearly states otherwise, the price shown is a one-time purchase fee for that account rather than a monthly subscription.
My trade went negative because of spread immediately after opening. Does that count?
Yes. Trading costs and floating P&L form part of the account's trading performance.
What happens if spreads widen during news?
Spread widening, slippage and rapid price movements form part of market conditions.
How do I purchase a GFN account?
Choose your program, account size, any available options and a payment method, then complete checkout - the account is created once payment succeeds.
Related rules
The rulesthat sit next to this one
Does slippage excuse a breach?
Slippage, spread widening and weekend gaps are trading conditions, not exemptions. A breach caused by a fill you did not want still stands.
What is the daily loss limit?
The daily loss limit is 3% on Instant and 5% on 1 Step and 2 Step - $3,000 or $5,000 on a $100,000 simulated account.
Is there a maximum lot size?
There is no single maximum lot size. Position size is bounded by leverage, margin and the risk limits - which is usually the tighter constraint of the two.
What leverage do I get?
Leverage is up to 1:50 on every GFN programme and can vary by instrument. Higher leverage does not change the daily loss limit or the drawdown.
Can I scalp?
Scalping is allowed on every GFN programme, with one condition: each trade must stay open for at least 2 minutes. Latency exploitation is prohibited.
Instant: the full rule sheet
Every objective on the Instant programme, in dollars, at all six account sizes.
1 Step: the full rule sheet
Every objective on the 1 Step programme, in dollars, at all six account sizes.
2 Step: the full rule sheet
Every objective on the 2 Step programme, in dollars, at all six account sizes.
Ready when you are
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One evaluation fee, no time limits and up to 90% of simulated profits. Pick an account size and your credentials arrive by email within minutes.
No subscriptions or hidden fees
Payouts every 14 days
$400,000 max total allocation