CFD trading costs

As well as spreads and margins, there are some other costs to consider. These depend on how long you hold positions open for, which products you trade and your approach to risk management.

Apply now to start trading

Currency Interbank rate
CAD Canada Bankers Acceptance 1 Month
USD ICE LIBOR USD 1 month
AUD Banker Acceptance Bill 1 month
CHF ICE LIBOR 1 CHF month
DKK Copenhagen Interbank Offered Rate 1 month
EUR EURIBOR 1 month
GBP ICE LIBOR GBP 1 month
HKD Hong Kong Interbank Offered Rate 1 month
IDR 1 month Deposit
JPY ICE LIBOR JPY 1 month
NOK Norwegian Interbank Offered Rate 1 month
NZD Bank Bill 1 month
SEK Stockholm Interbank Offered Rate 1 month
SGD Singapore Interbank Offered Rate 1 month

Holding costs

At the end of each trading day (5pm New York time), your open CFD trading positions may be subject to a charge called a holding cost. The holding cost can be positive or negative depending on whether you are long or short. Indices, forex, commodity and treasury forward contracts are not subject to holding costs.

Holding costs for indices are based on the underlying interbank rate of the index (see table) plus 2.5% on buy positions and minus 2.5% on sell positions.

For share CFDs, holding costs are based on the underlying interbank rate for the currency of the relevant share (see table) plus 2.5% on buy positions and minus 2.5% on sell positions.

FX holding costs are based on the tom-next (tomorrow to next day) rate in the underlying market for the currency pair and are expressed as an annual percentage.

Holding rates for cash commodities and treasuries are based on the inferred holding costs built into the underlying futures contracts, from which the prices of our cash commodity and treasury products are derived.

 More on holding costs

MetaTrader 4

Trade CFDs on one of the world's most popular platforms

Next Generation Platform

Access our full range of products, CFD trading tools and features on our award-winning platform

Market data fees

To view the prices for Australian and Hong Kong share CFDs on the platform, you will need to activate the relevant market data subscription. There is a monthly fee, which is refunded if you execute two or more trades under the same subscription during the subscription period, which usually runs from the first day of the month until the first day of the following month.​

Please note that, where fees apply, local taxes and duties may also be charged. The taxes will include 13% HST, on the basis that you are a resident in Canada. Non-residents will be charged tax based on their country of residence. 

 

 More on market data fees

Market Currency Market data fee (incl. tax) 
Australia AUD 20.00
Hong Kong HKD 120.00
Austria, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, Spain, Sweden, Switzerland, UK, US Various 0.00

 

Compare Next Generation & MT4

Commission

Share CFDs attract a commission charge each time you enter and exit a trade. The commission charge varies depending on the country where the share product originates. 

View our share commisson examples

Guaranteed stop-loss order charges

A guaranteed stop-loss order (GSLO) works in the same way as a stop-loss order, except that it guarantees to close you out of a trade at the price specified regardless of market volatility or gapping, for a premium. If the GSLO is not triggered then we'll refund 100% of the original premium. 

ProductCFD GSLO premium rateTrade sizeGSLO premium1, 2
UK 1001 GBP per unit5 unitsCAD8.82
US 301.50 USD per unit5 unitsCAD10.07
Germany 301.50 EUR per unit5 unitsCAD11.92
EUR/USD0.0001 USD per EUR€50,000CAD6.71
GBP/USD0.00015 USD per GBP£50,000CAD10.07
Gold0.3 USD per unit10 unitsCAD4.03
Crude Oil Brent0.02 USD per unit100 unitsCAD2.68

1GSLO premium = premium rate x trade size.
2Amounts are automatically converted into your home currency using the prevailing CMC Markets conversion rate.​

Example GSLO premiums

These are some examples of GSLO premiums on a selection of our popular products. This rate can be found on the platform for each applicable product. Learn how GSLO premiums are calculated.

 More on GSLOs

Account Currency
Monthly Inactivity Fee
CAD$15
USD$15

Inactivity Fees

There is a monthly charge of $15 (the amount depends on your account currency) on dormant accounts, but no deduction is made if there are no funds in the account. An account is considered dormant if there has been no trading activity for a continuous period of 12 months.

 More on inactivity fees


Switch to CMC Markets

Change your provider to CMC Markets for:

CMC Markets
  • An award-winning trading platform and native apps
  • Professional charting, powerful tools and innovative platform navigation
  • 100% automated execution without dealer intervention
  • Access to the forex, commodities, shares and indices market on 1 platform
  • Cash rebates for high-volume traders^

Switch to CMC Markets


CMC Markets

Award-winning platform

Our platform combines innovative trading tools with an intuitive interface, and native mobile apps for iPad, iPhone and AndroidTM give you access to your account wherever you are.

You might also be interested in:

Forex trading

Trade CFDs on over 330 spot and forward currency trading pairs, including major, minor and exotic FX pairs.

 More on Forex

Learn

Free education tools designed to improve your trading skills.

More on education

News & analysis

Market insight and technical analysis from our global experts.

 More on news and analysis

Awarded the “2016 Top Trading Platform for Charting” by the Canadian Society of Technical Analysts; Awarded 'Best Trading Platform Features', Investment Trends 2014 & 2015 UK Leveraged Trading Report, based on highest user satisfaction among FX traders; 'Best Mobile Platform', Investment Trends 2015 UK Leveraged Trading Report, based on highest user satisfaction among CFD traders and FX traders; 'Best Online Trading Platform', Shares Awards 2013 & 2014; 'Best Mobile/Tablet Application', Shares Awards 2015; 'Best Mobile/Tablet Application', Online Personal Wealth Awards 2015.​

^We offer competitive monthly cash rebates for clients who trade in high volumes and if you meet our monthly notional value requirements for one asset class, you automatically qualify for monthly rebates for all asset classes; conditions apply.

*Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK​​​

MetaTrader 4

Trade CFDs on one of the world's most popular platforms

Next Generation Platform

Access our full range of products, CFD trading tools and features on our award-winning platform

TOP