Fees and Charges

Fees Schedule

See your opportunity, trade it for less. Get spreads from 1 point on the FTSE 100 and US Crude spreads from just 2.8 points.

Find out more about what you’ll pay for your trading, and why, here.

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A breakdown of our trading costs

When you trade on leverage, there’s one direct charge that you’ll need to consider – the spread, or a commission in the case of share CFDs. You’ll also want to keep your eye on some other potential charges and factors which could influence how much your trading costs.

Spreads and commission

The spread or commission (in the case of share CFDs) is the one direct charge that you’ll need to consider when trading on leverage. You can find spreads and commissions for our most popular markets below. To see the full details for a market, follow the links.


Cash CFDs

Keep your cash CFD position open past 1am (Dubai time), and you’ll be charged overnight funding.* If you want to keep positions open for more than one day, try a future or forward.

*Or 4.50pm (Sydney time) for AUD-denominated contracts.


Currency PairMinimum spreadAverage spreadMargin Required


InstrumentsContract SizeSpreadMargin Requirement










Equities – UK 0.15%
Equities – Euro 0.15%
Equities – US 3 cents

*FX commission can be reviewed case by case basis.




Equity – Long OBFR + 3%
Equity – Short OBFR + 3%

*MT5 FX swaps are changed every week on Wednesday.

Overnight funding

What is overnight funding?

Overnight funding is the charge you pay for keeping cash CFD trades open past 1:00am Dubai time; we‘ll make an interest adjustment to your account, to reflect the cost of funding your position.

To avoid paying overnight funding, try a future or a forward contract.

How is overnight funding calculated?


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Guaranteed stop premiums

You can protect your position against slippage with a guaranteed stop, paying only a small premium if your guaranteed stop is triggered. The potential premium is displayed on the deal ticket, and can form part of your margin when you attach the stop. Please note that premiums are subject to change, especially going into weekends and during volatile market conditions.

Extra services and charges

Whether you’re paying to give your trading an edge, or for us to carry out account admin, you can find out more here.

Direct Market Access (DMA)You won’t pay for DMA to trade CFDs on forex and shares. However, you’ll need to pay a monthly exchange fee to access live DMA prices for some shares.
Live price data feedsYou’ll pay a monthly fee for live share prices from an exchange to trade share CFDs.
ProRealTime ChartsYou’ll pay $40 a month to subscribe to advanced charts from popular third-party provider ProRealTime. You’ll get a refund if you place four or more trades a month. You may still have to pay if your qualifying trades are extremely low-value.
Inactivity feeYou’ll pay a $12 fee on the first of every month if you’ve not used your account to deal for two years or more.
Account documentation feeTo trade US-incorporated stock, you need to supply a mandatory W-8 or W-9 form prior to the dividend ex-date of a qualifying trade – and you’ll pay a $50 fee if you don’t. You won’t pay the fee if your documentation is up to date, or if you’ve not entered into qualifying trades. We’ll let you know if you’ve entered into a qualifying trade and need to complete a form.
Currency conversion charge

Trade CFDs in a currency other than your account’s base currency, and you may incur a currency conversion charge. Your account is set to ‘instant conversion’ by default, which means that your foreign-currency profit is converted to your base currency automatically – and your funding, commission and dividend charges are taken into account before your account is credited. You can also set your account to daily, weekly and monthly conversion settings.

Our standard charge is 0.5%.

Third-party charges

Your bank, card issuer, intermediary banks, merchants, or other parties may make additional charges to your trasnfers and we have no control over this.


Customer service is normally open 24 hours a day between 2:00am on Monday (00:00am for forex) and 1.15am on Saturday (Dubai time).

Dealing hours vary between markets, but standard UK market hours are 08.00-16.30 (London time).

When you trade CFDs with us, you trade on margin. This means you only pay a deposit to open a position, and we in effect lend you the rest of the money required. If you close your position on the same day, you won’t pay a funding fee. If you keep it open overnight, you’ll pay small fee to cover the cost of the money you’ve effectively borrowed.

For share and index trades, our funding fee is comprised of our admin fee, plus or minus the interbank rate for the currency in which your trade’s underlying market is denominated (depending on whether your position is long or short).

For forex trades, the funding fee is the tom-next rate plus a small admin fee.

For spot commodity trades, and trades on the Volatility Index and EU Volatility Index, we make an adjustment based on a range of factors like the price of the two nearest futures, and our fee. Take a look at how we price our undated commodities to find out more.

For futures markets there’s no overnight funding fee, because the cost of funding is built into the spread.


Our forex spreads vary depending on underlying market liquidity. The more liquid the market, the narrower our spread – as low as 0.8 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 eg 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.

CFD traders should remember we offer our tightest spreads on our standard contracts, with wider spreads on some mini and micro contracts.


Our commission varies depending on the host country for your stock, and the account you’re using.


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). See our product details for all our share CFD commissions.

Overnight funding

For share and index trades we calculate our overnight funding fee using the relevant interbank rate, and our fee for forex trades 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 funding rate.

If you trade CFDs in a currency other than your account’s base currency, you may need to pay a currency conversion charge.

Your account is set to ‘instant conversion’ by default. This means that foreign-currency profit is converted to your base currency automatically, and funding, commission and dividend charges are taken into account before your account is credited. You can choose to have your account convert daily, weekly or monthly. Our standard conversion charge is 0.5.

Yes, we offer guaranteed stops so that you can put an absolute cap on your risk. You’ll pay a small fee if it’s triggered. For shares, for example, this is 0.3% of the underlying transaction value.

The interbank rate is the interest rate charged between banks for short-term loans. It is a key indicator for other interest rate charges, which is why we use it as a basis for calculating our overnight funding fees for your share and stock index trades.

Tom-next is the rate used to calculate the funding adjustment when a forex position is held overnight. It is an industry-standard rate, derived from the interest rate differentials of the pair’s currencies and market expectations of interest rate change.

For CFDs, the spread is the difference between our Sell and Buy prices. We derive these prices based on the underlying market’s value.

Only if you haven’t placed any deals on CFD account for two years or more, and there is still a balance on your account. You’ll be charged a $12 fee on the first day of every month if this is the case.

You won’t pay an overnight funding fee for forward trades, as the funding cost is built into a wider spread. So you may find them more cost effective and transparent for long-term trades, because you know your real cost from the outset. For fixed-expiry deals on stock indices and commodities we offer futures for CFDs.
Non-share markets


FTSE 100 4
Wall Street 6
Spot gold 0.6
Spot silver 3