Charges and Fees - Transparent Trading Costs

Trading Costs

Key Charges You Should Know.

01.

Account Fees

Opening and closing an account is FREE. Demo accounts are also free. Inactive accounts (over 1 year) may incur a $10/month fee.

02.

The Spread

Our primary fee is the spread – the difference between buy and sell price. Spreads are dynamic and vary based on market conditions. You'll get part of your spread back as a monthly rebate.

03.

Overnight Funding

An adjustment applies when you hold leveraged positions overnight. The fee can be paid or received depending on whether you are long or short.

04.

Guaranteed Stop-Loss Fee

A GSL closes your trade at exactly the price you specify, with no slippage. A small fee is charged only if your guaranteed stop is triggered.

Spreads

Commission-Free

Overnight

Deposits

Withdrawals

Transparent

UNDERSTANDING SPREADS

What is the Spread and How Does It Affect Your Trading?

The spread is the difference between the bid and ask prices of a CFD market. The buy price is always bigger than the sell price, so for your trade to turn a profit, the market price needs to move more than the spread in your chosen direction.

Commission on all trades – we only charge the spread.

FREE deposits and withdrawals on most payment methods.

Cost Factors

Other Things to Consider.

Open Account

Step 01

Understand Spreads

Spreads can change depending on the time of day and market conditions, so always check the platform for the latest. Typically high-volume markets like EUR/USD have tighter spreads than lesser-traded ones like corn or orange juice.

Step 02

Know Overnight Funding

You're charged overnight funding adjustment to cover dealing costs of holding positions overnight. The calculation depends on asset class and includes interest-rate benchmarks (SONIA or SOFR), overnight basis adjustment, and our daily fee.

Step 03

Consider Currency Conversion

When you trade on a market denominated in a different currency to your account, you will pay a conversion fee of 0.7% of the spot forex rate (0.5% for professional clients), charged when there is a cash transaction in a foreign currency on your account.

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