CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.
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Size for CFDs means total contract value (number of contracts x value per contract).
Closing price means underlying market price at 10pm (UK time).
If underlying instrument currency is GBP
Size × closing price × (3% +/- SONIA)÷ 365
If underlying instrument currency is USD
Size × closing price × (3% +/– SOFR)÷ 360
If underlying instrument currency is EUR
Size × closing price × (3% +/– ESTR) ÷ 360
If your trade is in SGD
Size × closing price x (3% +/- SORA) ÷ 365
Please note: when trading a non-standard GBP-denominated index CFD, the funding rate is +/-3.5% rather than +/-3%
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