Share CFDs directly reflect the underlying market price, and are subject to commission.
Our forex spreads vary depending on underlying market liquidity. The more liquid the market, the narrower our spread – as low as 0.6 pips. As the underlying market spread widens, so does ours – but only to our maximum cap.
Our stock index spreads vary by the time of day. During the underlying market hours we offer our standard and tightest spreads eg 1 point on the FTSE 100. When we offer an out-of-hours market, so you can benefit from 24-hour trading, we offer a wider spread.
Our commission varies depending on the host country for your stock. All SA and UK shares are subject to a flat 0.20% and 0.10% commission respectively, while all US stocks are subject to a commission of 2 cents per share, for example. See our contract details for all our share CFD commissions.
The overnight funding fee is calculated using the relevant interbank rate for stock index and share trades. The fee for forex trades is calculated using the tom-next rate. These rates change daily, varying the funding fee each day. Mini and micro CFD contracts are subject to a higher funding rate.