Forex

If you are trading foreign exchanges products on our CFD platform there is a charge of 50 basis points (0.5%) to convert foreign currencies into your home currency.

Prices streamed from our liquidity providers (November 2015 – Deutsche Bank, JP Morgan, Barclays, Goldman, UBS, Citibank and HSBC) are consumed by our automated pricing engine where the ‘best’ and most representative price is used to create our quotes on which clients trade.

One forex  CFD unit is equivalent to one unit of the first name currency within the forex pair. If you require assistance with calculating your desired trade size, please contact our Client Management team.

No, we do not offer currency exchange facilities.

The overnight holding rate used when calculating the applicable holding costs on FX comes from the tom-next rate, which is the difference between the two currencies’ interest rates, with an additional 0.0027% CMC Markets charge added. Learn more about CFD holding costs.

Please note, you'll be charged holding costs for three days on either a Wednesday or a Thursday, depending on the currency pair, as shown in the table below.