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CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. CFDs are complex instruments. 70% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

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How is funding on other markets calculated?

Other markets

Size for CFDs means total contract value (number of contracts x value per contract).

Closing price means underlying market price when underlying market closes. For example, CFDs on cash stock indices are undated transactions that do not expire. For each day that a position is open, adjustments are calculated to reflect the effect of interest, and, if necessary, dividends.

A daily interest adjustment is calculated for any position that is opened before 22.00 (London time) and that is still open after 22.00 (London time). For stock index contracts denominated in Australian dollars a daily interest adjustment is calculated for any position that is opened before 16.50 (Sydney time) and that is still open after 16.50 (Sydney time). These adjustments are posted daily to the client's account. Please note that on Fridays open positions will be adjusted for 3 days funding, covering the weekend.

If underling instrument currency is GBP

Size × closing price × (SONIA +/- 3%) ÷ 365

Based on overnight SONIA plus 1 month SONIA adjustment as per ISDA

If underlying instrument currency is USD

Size × closing price × (SOFR +/–3%) ÷ 360

If underlying instrument currency is EUR

Size × closing price × (ESTR +/–3%) ÷ 360

Please note: when trading a non-standard GBP-denominated index CFD, the funding rate is +/-3.5% rather than +/-3%

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The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. 70% of retail client accounts lose money when trading CFDs, with this investment provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money.

CFD Accounts provided by IG International Limited. IG International Limited is licenced to conduct investment business and digital asset business by the Bermuda Monetary Authority.

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IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG International Limited receives services from other members of the IG Group including IG Markets Limited.