How it works
A commission is charged on your account whenever you place a share CFD trade. Below are some quick examples of how this is calculated for Australian share CFDs.
If you buy 300 shares of Commonwealth Bank of Australia (CBA) at a price of $75.00, the commission charge would be:
300 x $75 = $22,500 which is the value of your trade
$22,500 x 0.08% = $18.00
If you decided to sell 250 shares of BHP Billiton at $30.00 the commission charge would be:
250 x $30.00 = $7,500 which is the value of your trade
$7,500 x 0.08% = $6.00
Since $6.00 is below the minimum commission amount, your account will be debited $7.00
Note, commission rates vary depending on the type of shares you wish to trade. For a full list of all our commission rates on share CFDs, please see our fees and charges page.