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CFD trading costs and charges
See all CFD trading fees and charges across markets. View spreads, commission, overnight funding and other costs for each market.
The definition of common CFD costs
Spreads
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The difference between buy (offer) and sell (bid) prices quoted for an asset.
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The spread can vary depending on market conditions and liquidity.
Commission
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The charge levied by an investment broker for making trades on your behalf.
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Commission is normally built into the spread cost.
Overnight funding
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You'll be charged a daily interest fee if you hold a position overnight.
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This may vary for local and international markets.
Stop-loss orders
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A fee applies when you have a guaranteed stop attached to your position.
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The charge is refunded if the guaranteed stop isn't triggered.
Currency conversion
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Fee applies when trading in a different currency.
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This applies when your account currency differs from the instrument currency.
Real-time data
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Accessing live market data for specific instruments might require a subscription.
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Real-time data provides current market prices and trading information.
CFD costs per market
Indices
Shares
Forex
Commodities
Cryptocurrencies
Bonds
Interest rates
Options
Knock-outs
Sectors
MT4 and MT5 CFD costs per market
Extra services and third-party costs
Direct market access (DMA)
Free for forex and share CFDs, but a monthly fee applies for accessing live DMA prices for some shares
Live price data fees
Monthly fee applies for live share prices when accessing live share prices from an exchange
ProRealTime charts
Monthly fee applies for live share prices when accessing live share prices from an exchange
Account documentation fee
A fee applies for incomplete tax documentation when trading US stocks
Currency conversion charge
0.8% fee applies for CFD trades in a currency different from your account’s base currency
Third-party charges
2.3%* of the transaction amount, levied by the card processor. We recommend checking with your bank or card issuer for further details.
* All charges are GST inclusive where applicable.
FAQs about our costs and charges
How does overnight funding work?
When you trade CFDs with us, you trade on margin. This means you provide only a deposit to open a position, and we in effect lend you the rest of the money required. If you keep it open overnight, we charge a small fee to cover the cost of the money you’ve effectively borrowed.
For share and stock index trades, our funding fee is comprised of our admin fee plus or minus the relevant interbank rate for the currency in which the underlying instrument of your trade is denominated (depending on whether your position is long or short).
For forex and spot metals trades, it is the tom-next rate plus a small admin fee.
For futures markets there is no overnight funding fee because the cost of funding is built into the spread.
Do you offer guaranteed stops?
What are interbank and tom-next rates?
The interbank rate is the interest rate charged between banks for short-term loans. It is a key indicator for other interest rate charges, which is why we use it as a basis for calculating our overnight funding fees for your share and stock index trades.
Tom-next is the rate used to calculate the funding adjustment when a forex position is held overnight. It is an industry-standard rate, derived from the interest rate differentials of the pair's currencies and market expectations of interest rate change.
What is the spread?
For CFDs, the spread is the difference between our sell and buy prices. We derive these prices based on the underlying market's value.
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