Daily funded bets and cash CFDs
|Long positions||Short positions||Forex positions|
|We charge 2.5%* above the relevant interbank rate.
Eg. If the relevant interbank 1-month rate is 0.5%, you would be charged 3.00% (annualised).
|You receive the relevant interbank rate, minus 2.5%*.
If the interbank rate is greater than 2.5%,* we credit your account; if the interbank rate is less than 2.5%,* your account is debited.
Eg. If the relevant interbank 1-month rate is 0.5%, you would be charged 2.00% (annualised).
|For forex positions, we charge funding based on the current tom-next rate.
Tom-next shows, in points, the difference between the interest paid to borrow the currency that is being notionally sold, and the interest received from holding the currency.
*3% on mini and micro CFD contracts