78% of clients lose money on CFDs

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

CurrencyInterbank rate
AUDOne month bankers acceptance bill
CADOne month bankers acceptance bill
CHFOne month Libor
DKKOne month Copenhagen interbank offered rate
EUROne month Euribor
GBPOne month Libor
HKDOne month Hong Kong interbank offered rate
INROne month deposit
JPYOne month Libor
NOKOne month Norwegian interbank offered rate
NZDOne month bank bill
SEKOne month Stockholm interbank offered rate
SGDOne month Singapore interbank offered rate
USDOne month Libor
ZAROne month deposit

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.

Holding costs for CFD trades on cryptocurrencies are calculated in line with our existing products. Overnight holding costs for Bitcoin/USD are 0.0685% on long positions, and minus 0.0137% on short positions. Overnight holding costs for Ethereum/USD are 0.0753% on long positions, and minus 0.0274% on short 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

BuySell

What position will you take?

Market data fees

If you want to trade or view our price data for certain instruments, you will need to activate the relevant market data subscription.

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'. Subscriptions made mid-month are subject to the full monthly charge (if applicable).

The period over which the market data subscription is active runs from the point of activation until midnight, local time to the market you have subscribe to, on the first day of the following month.

Based on your market data classification the fee is refunded if you execute two or more trades for non-professional, or five or more trades for professional, under the same subscription plan during the subscription period.

​Please note that, where fees apply, local taxes and duties may also be charged. Residents of the UK will be subject to VAT at 20%. Residents of the EU will be subject to their local VAT/Sales Tax rates.

 More on market data fees

MarketCurrencyMarket data fee (incl. tax) 
AustraliaAUD20.00
Hong KongHKD120
Austria, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, Spain, Sweden, Switzerland, UK, USVarious0.00

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 commission 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.

GSLO premium examples

The GSLO premium can be calculated in the following way: premium rate x trade size (units). Amounts are automatically converted into your home currency using the prevailing CMC Markets conversion rate.

Indices

For example, if you go long 5 units of the UK 100, the GSLO premium would be £5 (£1 x 5 units). If you close the trade yourself, a take–profit is triggered or you remove the GSLO, the £5 premium will be refunded in full.

InstrumentCFD GSLO premium rate
UK 100£1 per unit
US 30$1.50 per unit
Germany 30€1.50 per unit

Forex

For example, if you go short 50,000 units of GBP/USD, the GSLO premium would be $7.50 ($0.00015 x 50,000 units). If you close the trade yourself, a take–profit is triggered or you remove the GSLO, the $7.50 premium will be refunded.

InstrumentCFD GSLO premium rate
GBP/USD$0.00015 per unit
EUR/GBP£0.0002 per unit

Commodities

For example, if you go long 600 units of Crude Oil Brent, the GSLO premium would be $12 ($0.02 x 600 units). If you close the trade yourself, a take–profit is triggered or you remove the GSLO, the $12 premium will be refunded.

InstrumentCFD GSLO premium rate
Crude Oil Brent$0.02 per unit
Gold$0.3 per unit

Shares

For example, if you go long 4,500 units of Vodafone, the GSLO premium would be £22.50 (£0.005 x 4,500 units). If you close the trade yourself, a take–profit is triggered or you remove the GSLO, the £22.50 GSLO premium will be refunded.

InstrumentCFD GSLO premium rate
Vodafone£0.005 per unit
Apple$0.41 per unit

Is there a dormant account inactivity charge?

A monthly inactivity charge of £10 (or its equivalent in another currency) will be deducted per dormant account where funds are available. An account shall be considered dormant if there are no open positions and there has been no other trading activity for a continuous period of two years.
 

The monthly inactivity charge of £10 (or its equivalent in another currency) will be deducted from a dormant account, usually within the first two (UK) working days of the month, until either:

  1. The account is closed by the client or CMC Markets;
  2. Trading activity recommences on the account; or
  3. The balance of the account is reduced to zero.

Once the balance of a dormant account has reduced to zero, we will not deduct further monthly inactivity charges from the dormant account. A dormant account will not incur a negative balance as a result of the deduction of the monthly inactivity charge.

If you decide to reactivate your dormant account by trading again, the inactivity charge for up to three previous months (up to a maximum of £30) where this has already been deducted will be refunded to your account.


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
  • Robust risk management functions including guaranteed stop-loss orders

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:

News & analysis

Market insight and technical analysis from our global experts.

 More on news & analysis

Spread betting

A tax-free* way to trade on the financial markets.

More on spread betting

Learn

Free education tools and webinars designed to improve your trading skills.

 More on education

Awarded Best Platform Features and Best Mobile Phone/Tablet Platform; ranked highest for Platform Reliability and Charting, based on highest user satisfaction among spread betters, CFD and FX traders, Investment Trends 2017 UK Leverage Trading Report; Best Online Trading Platform, Shares Awards 2016; Best Forex Trading Platform, UK Forex Awards 2016.

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

BuySell

What position will you take?

TOP

This website uses cookies to optimise user experience. You can amend your cookie preferences by accessing our cookie policy.

Close
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.