Spreads
Share CFDs directly reflect the underlying market price, and you'll pay a commission on these trades. Trade CFDs and you'll find our tightest spreads on our standard contracts, with wider spreads on some mini and micro contracts.
Our forex spreads vary depending on underlying market liquidity. The more liquid the market, the narrower our spread – as low as 0.6 points. 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 e.g. from 1 point on the FTSE 100. When we offer an out-of-hours market, so you can benefit from 24-hour dealing, we offer a wider spread.
Commission
Our share CFD commissions vary depending on the host country for your stock.
All Singapore shares are subject to a flat 0.10% commission with a minimum of SGD 10. All US stocks are subject to a commission of 2 cents per share with a minimum of USD 10. You'll pay between 0.1% and 0.35% commission on all UK share trades (0.1% on large caps, 0.25% on midcaps and 0.35% on small caps)
Please see our product details page for all our share CFD commissions.
Overnight funding
For CFDs on share and index trades, we calculate our overnight funding fee using the relevant interbank rate, and our fee for CFDs on forex trades is calculated using the tom-next rate. These rates change daily, varying the funding fee each day.
For commodities and the volatility indices, we use the price of the two nearest futures as part of our overnight funding calculation. Since these will vary, the charge can too. You can find out more in the overnight funding section above.
Mini and Micro CFD contracts are subject to a higher admin fee.