FX Spreads & Conditions
| Cross | Sector | Margin Requirement 1) Initial / Weekdays / Weekends |
Min. Trade Size | Automatic Trade Handling | Target Spread |
|---|---|---|---|---|---|
| AUDCAD | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 2,000,000 | 0.0006 |
| AUDCHF | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 3,000,000 | 0.0006 |
| AUDCZK2 | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 1,000,000 | 0.032 |
| AUDDKK | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 2,000,000 | 0.0022 |
| AUDEUR | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 2,000,000 | 0.0004 |
| AUDGBP | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 2,000,000 | 0.0004 |
| AUDHUF2 | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 1,000,000 | 0.32 |
| AUDJPY | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 5,000,000 | 0.05 |
| AUDMXN | Minor | 4.0 / 4.0 / 4.0 % | AUD 5,000 | AUD 0 | 0.0062 |
| AUDNOK | Major | 2.0 / 2.0 / 2.0 % | AUD 10,000 | AUD 0 | 0.0042 |
| AUDNZD | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 2,000,000 | 0.0008 |
| AUDPLN2 | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 1,000,000 | 0.0027 |
| AUDSEK | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 2,000,000 | 0.0032 |
| AUDSGD | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 1,000,000 | 0.001 |
| AUDTRY2 | Exotic | 8.0 / 8.0 / 8.0 % | AUD 5,000 | AUD 1,000,000 | 0.0017 |
| AUDUSD | Major | 2.0 / 2.0 / 2.0 % | AUD 5,000 | AUD 10,000,000 | 0.0003 |
| AUDZAR2 | Minor | 4.0 / 4.0 / 4.0 % | AUD 5,000 | AUD 1,000,000 | 0.0062 |
| CADCHF | Major | 2.0 / 2.0 / 2.0 % | CAD 5,000 | CAD 3,000,000 | 0.0006 |
| CADJPY | Major | 2.0 / 2.0 / 2.0 % | CAD 5,000 | CAD 5,000,000 | 0.05 |
| CADMXN | Minor | 4.0 / 4.0 / 4.0 % | CAD 5,000 | CAD 1,000,000 | 0.0057 |
| CADNOK | Major | 2.0 / 2.0 / 2.0 % | CAD 1,000 | CAD 3,000,000 | 0.0032 |
| CADPLN2 | Major | 2.0 / 2.0 / 2.0 % | CAD 5,000 | CAD 1,000,000 | 0.0032 |
| CADTRY2 | Exotic | 8.0 / 8.0 / 8.0 % | CAD 5,000 | CAD 1,000,000 | 0.0022 |
| CADUSD | Major | 2.0 / 2.0 / 2.0 % | CAD 5,000 | CAD 2,000,000 | 0.0005 |
| CHFAUD | Major | 2.0 / 2.0 / 2.0 % | CHF 5,000 | CHF 2,000,000 | 0.0008 |
| CHFCZK2 | Major | 2.0 / 2.0 / 2.0 % | CHF 5,000 | CHF 1,000,000 | 0.032 |
| CHFDKK | Major | 2.0 / 2.0 / 2.0 % | CHF 5,000 | CHF 5,000,000 | 0.0009 |
| CHFHUF2 | Major | 2.0 / 2.0 / 2.0 % | CHF 5,000 | CHF 1,000,000 | 0.32 |
| CHFJPY | Major | 2.0 / 2.0 / 2.0 % | CHF 5,000 | CHF 5,000,000 | 0.04 |
| CHFMXN | Minor | 4.0 / 4.0 / 4.0 % | CHF 5,000 | CHF 0 | 0.0052 |
| CHFNOK | Major | 2.0 / 2.0 / 2.0 % | CHF 5,000 | CHF 5,000,000 | 0.0022 |
| CHFPLN2 | Major | 2.0 / 2.0 / 2.0 % | CHF 5,000 | CHF 1,000,000 | 0.0027 |
| CHFSEK | Major | 2.0 / 2.0 / 2.0 % | CHF 5,000 | CHF 500,000 | 0.0022 |
| CHFSGD | Major | 2.0 / 2.0 / 2.0 % | CHF 5,000 | CHF 1,000,000 | 0.0008 |
| CHFSKK2 | Minor | 4.0 / 4.0 / 4.0 % | CHF 5,000 | CHF 500,000 | 0.027 |
| CHFTRY2 | Exotic | 8.0 / 8.0 / 8.0 % | CHF 5,000 | CHF 1,000,000 | 0.0017 |
| CHFUSD | Major | 2.0 / 2.0 / 2.0 % | CHF 5,000 | CHF 2,000,000 | 0.0004 |
| CHFZAR2 | Minor | 4.0 / 4.0 / 4.0 % | CHF 5,000 | CHF 1,000,000 | 0.0072 |
| DKKCZK2 | Major | 2.0 / 2.0 / 2.0 % | DKK 50,000 | DKK 3,000,000 | 0.012 |
| DKKHUF2 | Major | 2.0 / 2.0 / 2.0 % | DKK 50,000 | DKK 3,000,000 | 0.08 |
| DKKJPY | Major | 2.0 / 2.0 / 2.0 % | DKK 50,000 | DKK 25,000,000 | 0.008 |
| DKKPLN2 | Major | 2.0 / 2.0 / 2.0 % | DKK 50,000 | DKK 3,000,000 | 0.0006 |
| DKKSGD2 | Major | 2.0 / 2.0 / 2.0 % | DKK 50,000 | DKK 3,000,000 | 0.0005 |
| DKKZAR2 | Minor | 4.0 / 4.0 / 4.0 % | DKK 50,000 | DKK 3,000,000 | 0.0022 |
| EURAUD | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 2,000,000 | 0.0006 |
| EURCAD | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 6,000,000 | 0.0006 |
| EURCHF | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 15,000,000 | 0.0003 |
| EURCZK2 | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 3,000,000 | 0.027 |
| EURDKK | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 25,000,000 | 0.0007 |
| EUREEK2 | Minor | 4.0 / 4.0 / 4.0 % | EUR 5,000 | EUR 0 | 0.0055 |
| EURGBP | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 15,000,000 | 0.0003 |
| EURHKD | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 5,000,000 | 0.0022 |
| EURHUF2 | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 3,000,000 | 0.27 |
| EURISK3 | Exotic | 12.0 / 12.0 / 12.0 % | EUR 50,000 | EUR 100,000 | 0.12 |
| EURJPY | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 7,500,000 | 0.035 |
| EURLTL2 | Minor | 4.0 / 4.0 / 4.0 % | EUR 5,000 | EUR 100,000 | 0.003 |
| EURLVL2 | Exotic | 8.0 / 8.0 / 8.0 % | EUR 5,000 | EUR 100,000 | 0.0019 |
| EURMXN | Minor | 4.0 / 4.0 / 4.0 % | EUR 5,000 | EUR 1,000,000 | 0.0052 |
| EURNOK | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 5,000,000 | 0.0022 |
| EURNZD | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 2,000,000 | 0.0009 |
| EURPLN2 | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 3,000,000 | 0.0019 |
| EURRON3 | Minor | 4.0 / 4.0 / 4.0 % | EUR 5,000 | EUR 1,000,000 | 0.0037 |
| EURRUB | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 1,000,000 | 0.0102 |
| EURSEK | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 8,000,000 | 0.0022 |
| EURSGD | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 3,000,000 | 0.001 |
| EURSKK2 | Minor | 4.0 / 4.0 / 4.0 % | EUR 5,000 | EUR 2,000,000 | 0.032 |
| EURTRY2 | Exotic | 8.0 / 8.0 / 8.0 % | EUR 5,000 | EUR 1,000,000 | 0.0017 |
| EURUSD | Major | 2.0 / 2.0 / 2.0 % | EUR 5,000 | EUR 21,000,000 | 0.0003 |
| EURZAR2 | Minor | 4.0 / 4.0 / 4.0 % | EUR 5,000 | EUR 1,000,000 | 0.0077 |
| GBPAUD | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 2,000,000 | 0.0008 |
| GBPCAD | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 2,000,000 | 0.0008 |
| GBPCHF | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 5,000,000 | 0.0008 |
| GBPCZK2 | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 1,000,000 | 0.062 |
| GBPDKK | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 3,000,000 | 0.0032 |
| GBPEUR | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 3,000,000 | 0.0007 |
| GBPHUF2 | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 1,000,000 | 0.42 |
| GBPILS | Minor | 4.0 / 4.0 / 4.0 % | GBP 5,000 | GBP 1,000,000 | 0.0062 |
| GBPJPY | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 5,000,000 | 0.06 |
| GBPMXN | Minor | 4.0 / 4.0 / 4.0 % | GBP 5,000 | GBP 1,000,000 | 0.06 |
| GBPNOK | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 4,000,000 | 0.0037 |
| GBPNZD | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 2,000,000 | 0.0022 |
| GBPPLN2 | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 1,000,000 | 0.0037 |
| GBPSEK | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 4,000,000 | 0.0037 |
| GBPSGD | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 1,000,000 | 0.0012 |
| GBPSKK2 | Minor | 4.0 / 4.0 / 4.0 % | GBP 5,000 | GBP 1,000,000 | 0.052 |
| GBPTRY2 | Exotic | 8.0 / 8.0 / 8.0 % | GBP 5,000 | GBP 1,000,000 | 0.0032 |
| GBPUSD | Major | 2.0 / 2.0 / 2.0 % | GBP 5,000 | GBP 10,000,000 | 0.0004 |
| GBPZAR2 | Minor | 4.0 / 4.0 / 4.0 % | GBP 5,000 | GBP 1,000,000 | 0.0122 |
| HKDJPY | Major | 2.0 / 2.0 / 2.0 % | HKD 50,000 | HKD 15,000,000 | 0.0032 |
| ISKJPY3 | Exotic | 12.0 / 12.0 / 12.0 % | ISK 500,000 | ISK 4,000,000 | 0.012 |
| JPYDKK | Major | 2.0 / 2.0 / 2.0 % | JPY 500,000 | JPY 250,000,000 | 0.00004 |
| JPYNOK | Major | 2.0 / 2.0 / 2.0 % | JPY 500,000 | JPY 300,000,000 | 0.00005 |
| JPYUSD | Major | 2.0 / 2.0 / 2.0 % | JPY 500,000 | JPY 50,000,000 | 0.000004 |
| MXNJPY | Minor | 4.0 / 4.0 / 4.0 % | MXN 5,000 | MXN 5,000,000 | 0.04 |
| NOKDKK | Major | 2.0 / 2.0 / 2.0 % | NOK 50,000 | NOK 25,000,000 | 0.0006 |
| NOKJPY | Major | 2.0 / 2.0 / 2.0 % | NOK 50,000 | NOK 25,000,000 | 0.009 |
| NOKSEK | Major | 2.0 / 2.0 / 2.0 % | NOK 50,000 | NOK 50,000,000 | 0.0007 |
| NOKUSD | Major | 2.0 / 2.0 / 2.0 % | NOK 50,000 | NOK 15,000,000 | 0.000082 |
| NZDAUD | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 2,000,000 | 0.0008 |
| NZDCAD | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 2,000,000 | 0.0007 |
| NZDCHF | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 2,000,000 | 0.0007 |
| NZDCZK2 | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 1,000,000 | 0.032 |
| NZDDKK | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 2,000,000 | 0.0022 |
| NZDEUR | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 2,000,000 | 0.0006 |
| NZDGBP | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 2,000,000 | 0.0005 |
| NZDHUF2 | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 0 | 0.32 |
| NZDJPY | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 5,000,000 | 0.07 |
| NZDMXN | Minor | 4.0 / 4.0 / 4.0 % | NZD 5,000 | NZD 0 | 0.0062 |
| NZDNOK | Major | 2.0 / 2.0 / 2.0 % | NZD 10,000 | NZD 0 | 0.0042 |
| NZDPLN2 | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 1,000,000 | 0.0032 |
| NZDSEK | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 2,000,000 | 0.0037 |
| NZDSGD | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 1,000,000 | 0.0007 |
| NZDTRY2 | Exotic | 8.0 / 8.0 / 8.0 % | NZD 5,000 | NZD 1,000,000 | 0.0017 |
| NZDUSD | Major | 2.0 / 2.0 / 2.0 % | NZD 5,000 | NZD 4,000,000 | 0.0004 |
| NZDZAR2 | Minor | 4.0 / 4.0 / 4.0 % | NZD 5,000 | NZD 1,000,000 | 0.0057 |
| PLNDKK2 | Major | 2.0 / 2.0 / 2.0 % | PLN 50,000 | PLN 2,000,000 | 0.0022 |
| PLNJPY2 | Major | 2.0 / 2.0 / 2.0 % | PLN 50,000 | PLN 5,000,000 | 0.052 |
| PLNSEK2 | Major | 2.0 / 2.0 / 2.0 % | PLN 50,000 | PLN 2,000,000 | 0.0027 |
| SEKDKK | Major | 2.0 / 2.0 / 2.0 % | SEK 50,000 | SEK 25,000,000 | 0.0006 |
| SEKJPY | Major | 2.0 / 2.0 / 2.0 % | SEK 50,000 | SEK 25,000,000 | 0.009 |
| SEKNOK | Major | 2.0 / 2.0 / 2.0 % | SEK 50,000 | SEK 50,000,000 | 0.0007 |
| SEKPLN2 | Major | 2.0 / 2.0 / 2.0 % | SEK 50,000 | SEK 4,000,000 | 0.0006 |
| SGDHKD | Major | 2.0 / 2.0 / 2.0 % | SGD 5,000 | SGD 2,000,000 | 0.0022 |
| SGDJPY | Major | 2.0 / 2.0 / 2.0 % | SGD 5,000 | SGD 4,000,000 | 0.06 |
| TRYDKK2 | Exotic | 8.0 / 8.0 / 8.0 % | TRY 5,000 | TRY 1,000,000 | 0.0057 |
| TRYJPY2 | Exotic | 8.0 / 8.0 / 8.0 % | TRY 5,000 | TRY 2,000,000 | 0.14 |
| USDAED2 | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 250,000 | 0.0012 |
| USDBHD2 | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 250,000 | 0.00042 |
| USDCAD | Major | 2.0 / 2.0 / 2.0 % | USD 5,000 | USD 6,000,000 | 0.0004 |
| USDCHF | Major | 2.0 / 2.0 / 2.0 % | USD 5,000 | USD 10,000,000 | 0.0004 |
| USDCZK2 | Major | 2.0 / 2.0 / 2.0 % | USD 5,000 | USD 3,000,000 | 0.027 |
| USDDKK | Major | 2.0 / 2.0 / 2.0 % | USD 5,000 | USD 5,000,000 | 0.0012 |
| USDEEK2 | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 0 | 0.0007 |
| USDHKD | Major | 2.0 / 2.0 / 2.0 % | USD 5,000 | USD 5,000,000 | 0.0005 |
| USDHRK2 | Exotic | 8.0 / 8.0 / 8.0 % | USD 5,000 | USD 200,000 | 0.0052 |
| USDHUF2 | Major | 2.0 / 2.0 / 2.0 % | USD 5,000 | USD 3,000,000 | 0.27 |
| USDILS2 | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 1,000,000 | 0.0032 |
| USDISK3 | Exotic | 12.0 / 12.0 / 12.0 % | USD 50,000 | USD 50,000 | 0.12 |
| USDJOD2 | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 250,000 | 0.0022 |
| USDJPY | Major | 2.0 / 2.0 / 2.0 % | USD 5,000 | USD 10,000,000 | 0.03 |
| USDKWD2 | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 250,000 | 0.00012 |
| USDLTL2 | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 100,000 | 0.0006 |
| USDLVL2 | Exotic | 8.0 / 8.0 / 8.0 % | USD 5,000 | USD 100,000 | 0.0006 |
| USDMXN | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 2,000,000 | 0.0037 |
| USDNOK | Major | 2.0 / 2.0 / 2.0 % | USD 5,000 | USD 8,000,000 | 0.0022 |
| USDOMR2 | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 50,000 | 0.00012 |
| USDPLN2 | Major | 2.0 / 2.0 / 2.0 % | USD 5,000 | USD 4,000,000 | 0.0027 |
| USDQAR2 | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 250,000 | 0.0012 |
| USDRON | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 1,000,000 | 0.0037 |
| USDRUB5 | Major | 2.0 / 2.0 / 2.0 % | USD 5,000 | USD 1,000,000 | 0.0052 |
| USDSAR2 | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 250,000 | 0.0005 |
| USDSEK | Major | 2.0 / 2.0 / 2.0 % | USD 5,000 | USD 8,000,000 | 0.0022 |
| USDSGD | Major | 2.0 / 2.0 / 2.0 % | USD 5,000 | USD 5,000,000 | 0.0006 |
| USDSKK2 | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 2,000,000 | 0.032 |
| USDTRY2 | Exotic | 8.0 / 8.0 / 8.0 % | USD 5,000 | USD 2,000,000 | 0.0014 |
| USDZAR2 | Minor | 4.0 / 4.0 / 4.0 % | USD 5,000 | USD 2,000,000 | 0.0062 |
| ZARJPY2 | Minor | 4.0 / 4.0 / 4.0 % | ZAR 50,000 | ZAR 5,000,000 | 0.04 |
1) Target Bid/Ask spreads
Our target bid / ask spreads listed are our best possible target spreads used in normal market conditions. In quiet market conditions, the spread may be even narrower but in periods of volatile markets, the spread may be increased and autoexecution disabled. For certain categories of clients, the spreads may in general be wider by up to 2 pips. The spreads applicable to your account will be displayed in your RCG Trader. Please consult your Introducing Broker or RCG to obtain further information about our spread range and its implications to your account.
2) Margin requirements
Forex is traded on margin enabling you to leverage a small margin deposit for a much greater market effect where:
- First $25K margin rates apply to the first $25,000 (or equivalent) of your investment collateral
- Normal margin rates apply to all investment collateral over $25,000 (or equivalent)
3) Autoexecuted trades
Major currency trades can be autoexecuted for amounts below the autoexecution limit. Autoexecuted trades are automatically accepted without intervention from the bank. For trade sizes over the autoexecute limit and in volatile market conditions, the trade must first be approved by a dealer which normally takes just a few seconds.
* Note that these are typical autoexecute limits that can change over the day, depending on the market conditions and available liquidity.
Margin calls
You must maintain the margins listed in your account at all times. If the funds in your account fall below this margin, you will be subject to a margin call to either deposit more funds to cover your positions or close positions — normally you will be notified through our trading platform and via email. If your margin situation is not remedied, we may close positions on your behalf.
Forex Trading Hours
RCG is open for Forex trading:
- from Monday 05:00 Sydney local time (currently Sunday 19:00 GMT)
- to Friday 17:00 New York local time (currently Friday 21:00 GMT)
1 The margin rates for the first USD 25,000 of your investment collateral is 50% of the normal margin rates shown in the table.
2 Due to limited liquidity, these currency crosses can only be traded from 07.00 GMT to 15.00 GMT from Monday to Friday. Outside this time Market Orders are available to trade as soon as possible but we accept no responsibilities for price slippage between the close and open price on the next day's trading.
3 EURISK, ISKJPY and USDISK - Trading hours are from 09.15 GMT to 16.00 GMT from Monday to Friday
4 EURRON - Trading hours are from 7.15 GMT to 16.00 GMT from Monday to Friday.
5 USDRUB - Trading hours are from 06.00 GMT to 13.00 GMT from Monday to Friday.
6 Our target spreads listed are our best possible target spreads used in normal market conditions. Under certain market conditions, the spread may be even narrower but in periods of volatile markets, the spread may be increased and auto execution may be lowered or disabled. During European night time and during release of key economic figures, spreads and auto execution may be lowered or disabled.
The commission and margin rates referred to above may vary from time to time especially for very active or inactive customers. RCG reserves the right to amend the commission rates, brokerage fees, margin rates and interest rates referred to according to the terms of the trading agreement entered into between RCG and the Client.