|AUD||One month bankers acceptance bill|
|CAD||One month bankers acceptance bill|
|CHF||One month Libor|
|DKK||One month Copenhagen interbank offered rate|
|EUR||One month Euribor|
|GBP||One month Libor|
|HKD||One month Hong Kong interbank offered rate|
|INR||One month deposit|
|JPY||One month Libor|
|NOK||One month Norwegian interbank offered rate|
|NZD||One month bank bill|
|SEK||One month Stockholm interbank offered rate|
|SGD||One month Singapore interbank offered rate|
|USD||One month Libor|
At the end of each 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. Forward contracts on indices, forex, commodities and treasuries are not subject to holding costs.
Overnight holding costs for indices are based on the underlying interbank rate of the index (see table) plus 0.0082% on buy positions and minus 0.0082% on sell positions.
For share CFDs, overnight holding costs are based on the underlying interbank rate for the currency of the relevant share (see table) plus 0.0082% on buy positions and minus 0.0082% on sell positions.
Overnight holding costs for cryptocurrencies are calculated in line with our existing instruments. Daily holding costs for Bitcoin/USD are charged at 0.0959% on long positions, and paid at 0.0274% on short positions. Overnight holding costs for most other cryptocurrencies are charged at 0.0753% on long positions, and paid at 0.0274% on short 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.
Holdings costs for share baskets, forex indices, commodity indices and crypto indices are calculated via a weighted sum of the constituents' holding cost rates, plus CMC's haircut on buy positions or minus CMC's haircut on sell positions.
Please note this information has been provided for reference, and the rates may not match exactly if recalculated. If you have any questions, please contact our client services team.
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 included represent 20% VAT, on the basis that you are a resident in the UK. Non-residents will be charged VAT based on their country of residence.
|Market||Currency||Market data fee (excl tax) |
|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|
A monthly inactivity charge of €10 (the amount depends on your account 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 one year.
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:
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.
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*Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK.