# Provenance stamped 2026-10-07 (roadmap#943): written by an API Evangelist sweep (dated 2026-06-13 by the file itself), not
# harvested from the provider. `method: generated` so the economics campaign may replace it with a
# dated, verbatim transcription; every figure below is unverified until it does.
method: generated
generated: '2026-06-13'
specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: FOREX.com
providerId: forex-com
created: '2026-06-13'
modified: '2026-06-13'
reconciled: true
tags:
  - FinOps
  - Cost Management
  - FOCUS
  - Forex
  - CFD Trading
  - Trading
description: >-
  FOCUS-aligned FinOps for FOREX.com APIs. There is no API subscription fee; all trading
  costs arise through bid/ask spreads on executed trades and, for RAW Pricing accounts,
  a per-trade commission of $7 USD per $100,000 USD notional. Overnight financing charges
  (swap rates) apply to positions held past the daily 5 PM ET cutoff. Cost visibility
  is achieved through the FOREX.com account statement and the Account/Position APIs.
sources:
  - https://www.forex.com/en-us/trading-accounts/spread-only-account/
  - https://www.forex.com/en-us/trading-accounts/raw-pricing-account/
  - https://www.forex.com/en-us/about-us/financial-transparency/trading-costs/
  - https://www.forex.com/en/trading-tools/api-trading/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: StoneX Group Inc. (FOREX.com)
serviceCategory: Financial Services
billingModel:
  pricingCategory: Spread/Commission
  billingFrequency: Trade Settlement (Spread-Only); Per-Trade Commission (RAW Pricing)
  billingCurrency: USD
  chargeCategories:
    - Usage
    - Financing
focusColumns:
  ServiceName: FOREX.com
  ServiceCategory: Financial Services
  ProviderName: FOREX.com
  PublisherName: StoneX Group Inc.
  InvoiceIssuerName: StoneX Group Inc.
  BillingCurrency: USD
meters:
  - name: forex_trades_spread_only
    unit: trade
    aggregation: count
    dimensions:
      - instrument
      - direction
      - quantity
    description: >-
      Number of executed forex or CFD trades on a Spread-Only account. Cost is embedded
      in the bid/ask spread; no explicit per-trade fee is charged.
  - name: forex_trades_raw_pricing
    unit: trade
    aggregation: count
    dimensions:
      - instrument
      - direction
      - notional_usd
    description: >-
      Number of executed forex or CFD trades on a RAW Pricing account. Commission of
      $7 USD is charged per $100,000 USD notional traded in addition to the tighter spread.
  - name: trade_volume_notional
    unit: USD
    aggregation: sum
    dimensions:
      - instrument
      - account_type
      - direction
    description: >-
      Total notional value of executed trades in USD. Used to calculate RAW Pricing
      commissions ($7 per $100k notional) and to analyse spread cost as a proportion
      of volume.
  - name: financing_charges
    unit: USD
    aggregation: sum
    dimensions:
      - instrument
      - direction
      - position_size
    description: >-
      Overnight swap/financing charges on positions held past the daily 5 PM ET rollover.
      Rates vary by instrument and direction; FOREX.com publishes current swap rates on
      each instrument's detail page.
principles:
  - name: Visibility
    description: >-
      Monitor realised P&L, spread costs, commissions, and financing charges via the
      FOREX.com account statement and the /useraccount and position REST API endpoints.
      Export trade history regularly for cost attribution and reporting.
  - name: Allocation
    description: >-
      Segment costs by trading strategy, instrument group, and direction (Buy/Sell)
      using trade history data from the REST API. For multi-strategy operations, maintain
      separate FOREX.com sub-accounts to isolate cost centres.
  - name: Optimization
    description: >-
      Trade during high-liquidity sessions (London and New York overlap) to minimise
      effective spread cost. For high-volume algorithmic strategies, evaluate switching
      to the RAW Pricing account where commissions plus tight spreads may reduce total
      cost versus Spread-Only. Reduce overnight financing exposure by closing positions
      before the 5 PM ET daily cutoff where strategy permits.
  - name: Accountability
    description: >-
      Reconcile monthly FOREX.com account statements against internal trade logs. Track
      cumulative commission spend on RAW Pricing accounts and model break-even volume
      versus Spread-Only to validate account type selection at each strategy review cycle.