CFDs are a leveraged product and can result in losses that exceed deposits. Trading CFDs may not be suitable for everyone, so please ensure you fully understand the risks and take care to manage your exposure.
For CFDs, there are some extra services that we charge for.
|Direct Market Access (DMA)||There’s no charge for using DMA to trade CFDs on forex and shares, though in order to access live DMA prices for some shares you’ll need to pay a monthly exchange fee.|
|Live price data feeds||Obtaining live share prices from an exchange to trade share CFDs incurs a monthly fee.|
|ProRealTime Charts||Subscribing to real-time charts costs $40 per month. This is refunded if you place four or more trades a month. We reserve the right to charge you for the service if your qualifying trades are of an extremely low value.|
|Inactivity fee||We charge an $18 fee on the first of every month, if no trading activity has occurred for two years or more.|
|Account documentation fee||We charge a US$50 fee on accounts which have not supplied a mandatory W-8 or W-9 form prior to the dividend ex-date of a qualifying trade on a US-incorporated stock. We do not apply this fee to accounts with up-to-date documentation or accounts which have not entered into qualifying trades. We will notify you if you have entered into a qualifying trade and need to complete a form.|