Costs and Associated Charges

Costs and associated charges for the provision of Investment and Ancillary Services

SPREAD

‘Spread’ is the difference between the Sell (“Bid”) and Buy (“Ask”) price of a particular instrument. The spread that the Company charges you reflects, in part, the spread of the underlying exchange where the underlying asset is traded on, plus a mark-up depending on the trading account type and product. Our spreads are variable and subject to charge upon market conditions.

COMMISSION

‘Commission’ is the amount charged when Client enters a CFD transaction and is based on the account type and the notional value of the trade. The total commission fee is charged at the opening of the transaction for both sides at once (opening and closing)

Overnight Financing Fee (Swaps)
‘Overnight Financing/Swap’ is the fee charged for all positions held open overnight at the end of the daily trading session (22:00GMT and 21:00GMT during DST) and may be subject to credit or debit depending on the prevailing market. The Company applies a 3-day rollover strategy on Wednesday for all positions held open on FX , Energies and Metals, a 3-day rollover strategy on Thursday for all positions held open on Cryptos and 3-day rollover strategy on Friday for indices. Tripled Swap Explanation: This is an industry standard and is due to the T+2 settlement date of financial instruments to cover the charges incurred by the interbank market over the weekend. Please refer to our website for more information on the swap values.
The swap values are received from the Company’s Execution Venues.

Calculation Methology

Spread= (Bid Price – Ask Price) × Volume × Contract Size

Commission= Commission (Per Lot) × Volume

Swap Fee= Swap Long/short Points × Volume × Contract Size × Point Size* × Days

*The point size depends on the decimal digits of each CFD Instrument.

Point Size for 5 decimal digits = 0.00001

Point Size for 3 decimal digits = 0.001

Point Size for 2 decimal digits = 0.01

Point Size for 1 decimal digits = 0.1

Convesrion fee= market exchange rate + fee