Charges

The list of costs and charges below is not exhaustive. Please see our CFD holdings costs page for a more comprehensive explanation of our GSLO premiums, margins, etc.

Overnight holding costs: at the end of each trading day at 5pm (New York time), any cash positions held in your account may be subject to a charge called a 'holding cost'. The holding cost can be positive or negative depending on the direction of your position. Historical holding rates, expressed as an annual percentage rate, are visible on our platform within the overview section of each product. This annual percentage is applied to the notional value of your trade when it was opened, and divided by 365 for the one night cost.

Commission charges: when trading CFD shares on our platform, a commission will be charged to your account upon execution of any order. See more about our trading costs.

Market data feeds: in order to view share prices on our platform, you will need to activate the relevant market data feed for the region in which the products you wish to see are traded.

Monthly subscription charges may apply depending on your market data classification and the type of account you hold, details of the charges can be found on the platform in the ‘market data’ section in ‘user preferences’.

This depends on the information you provided in your application form. To qualify as a private investor, you must meet all six of the following criteria:

1. You’re an individual

2. You’re operating in an individual capacity and not for any commercial purpose on behalf of a business

3. You’re not a financial institution

4. You’re not engaged in a capacity that requires regulation by a financial or securities body

5. You’re not an aggregator of market data

6. You’re not employed as a financial adviser

To be a non-private investor, one or more of these requirements will not apply to you.

If you’re a non-private investor and subscribe to any market data price feeds for share CFDs, you will be charged the non-private investor rate, which may be higher than the private investor rate. You can find details of the charges by opening the 'Settings' dropdown menu on our trading platform and selecting the 'Market Data' tab.

No, there is no inactivity charge for dormant accounts.

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.

You’ll be charged holding costs for three days on a Wednesday or Thursday, which factors in Saturday and Sunday, as shown in the table below.