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# CFD commission rates explained

When trading share CFDs​ (contracts for difference) on our platform, a commission is charged to your account when you execute an order.

View our examples to learn how we calculate commission on share​ CFDs. You can also see our commission rates by country in the table below.

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## Spanish share examples

The commission rate on a Spanish share CFD is 0.10%, subject to a minimum commission charge of €9.00.

A 2500 unit trade in Banco Santander at a price of 5.20 would incur a commission of €13.00 based on the following calculation:

2500 (units) x 5.20 (price) = €13,000 x 0.10% = €13.00

But a 1000 unit trade in Banco Santander at a price of 5.20 would incur a minimum commission charge of €9.00

1000 (units) x 5.20 (price) = €5200 x 0.10% = €5.20

Since the actual commission on this trade is less than our €9.00 minimum commission charge, we have instead applied the minimum commission charge of €9.00.

## US share example

The commission for a US share is 2 US cents per share, subject to a minimum commission charge of \$10.

So a 600 unit trade in Caterpillar at a price of 80.95 would incur a commission of \$12.00 based on the following calculation:

600 (units) x \$0.02 (commission charge per unit) = \$12.00

But a 300 unit trade in Caterpillar at a price of 80.95 would incur a minimum commission charge of \$10.00 based on the following calculation:

300 (units) x \$0.02 (commission charge per unit) = \$6.00

The actual commission on this trade is less than the \$10.00 minimum commission charge on US share CFDs, so instead the minimum commission charge of \$10.00 is applied.

## Share CFD commission charges*

Country/marketCommission chargeCharge currencyMinimum commission charge
UK0.08%GBPGBP 9.00
US2 cents per unitUSDUSD 10.00
Australia0.09%AUDAUD 7.00
Austria0.08%EUREUR 9.00
Belgium0.06%EUREUR 5.00
Denmark0.08%DKKDKK 90.00
Finland0.10%EUREUR 9.00
France0.08%EUREUR 9.00
Germany0.08%EUREUR 9.00
Hong Kong0.18%HKDHKD 50.00
Ireland0.08%EUREUR 9.00
Italy0.10%EUREUR 5.00
Japan0.15%JPYJPY 1,000
Netherlands0.08%EUREUR 9.00
New Zealand0.10%NZDNZD 7.00
Norway0.04%NOKNOK 39.00
Poland0.18%PLNPLN 50.00
Portugal0.08%EUREUR 9.00
Singapore (SGD)0.10%SGDSGD 10.00
Singapore (USD)0.10%USDUSD 10.00
Spain0.06%EUREUR 5.00
Sweden0.04%SEKSEK 49.00
Switzerland0.08%CHFCHF 9.00

For non-US or Canadian shares, the commission is calculated as a percentage charge of the value of the order. Commissions on US shares are charged at 2 cents per share.

All commission charges will be converted to your account currency at our prevailing currency conversion rate.

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