View our trading costs page for more information on the charges involved when you spread bet or trade CFDs with us. We've highlighted the main costs below, including spreads and overnight holding costs:
Spreads: you'll pay a spread cost on each instrument you trade, which is the difference between the buy and sell price.
Overnight holding costs: at the end of each trading day at 5pm (EST)/10pm (UK time), any cash positions held in your account may be subject to a holding cost, which 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 instrument. This percentage is applied to the notional value of your trade when it was opened and divided by 365 for the one-night cost. Learn more about spread bet holding costs and CFD holding costs.
Trading on shares and ETFs: We charge a commission fee when you trade CFDs on shares and ETFs. This is 0.10% or €9 minimum for the majority of shares and ETFs, and 0.02 cents per unit ($10 minimum) for US and Canada shares.
When spread betting on shares and ETFs, there's an additional spread charge when you enter and exit a trade.
Market data feeds on share CFDs: to view share prices on our platform, you'll need to activate the relevant market data feed for the region where the shares you wish to see are traded. Monthly subscription charges may apply depending on your market data classification and the type of account you hold. You can find details of the charges in our trading platform by opening the 'Settings' dropdown menu and selecting the 'Market Data' tab. Learn more about market data fees
Guaranteed stop-loss orders (GSLOs): there is a fee to attach a GSLO to your trades for absolute certainty that your position will be closed out at your specified level, regardless of slippage or gapping, which could be caused by high market volatility. If the GSLO is not triggered, the fee is refunded in full.
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:
You’re an individual
You’re operating in an individual capacity and not for any commercial purpose on behalf of a business
You’re not a financial institution
You’re not engaged in a capacity that requires regulation by a financial or securities body
You’re not an aggregator of market data
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.
Yes. A monthly inactivity charge of £10 (or its equivalent in another currency) will be deducted for each dormant account where funds are available. An account is considered dormant if there are no open positions and no trading activity for a continuous period of one year.
The inactivity charge will be deducted from a dormant account, usually within the first two (UK) working days of the month, until either:
The account is closed by the client or CMC Markets
Trading activity recommences on the account
The balance of the account is reduced to zero
Once the balance of a dormant account has been reduced to zero, we will not deduct further monthly inactivity charges from the account. A dormant account will not incur a negative balance through the monthly inactivity charge.
If you reactivate your dormant account by trading again, the inactivity charge for up to three previous months (up to a maximum of £30) will be refunded to your account.
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 spread bet holding costs and 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.
USD/CAD, USD/TRY, TRY/CAD, CAD/TRY | All other FX pairs, FX indices, Gold, Silver, Precious Metals Index | |
Monday 5pm (EST) | X1 holding cost rate | X1 holding cost rate |
Tuesday 5pm (EST) | X1 holding cost rate | X1 holding cost rate |
Wednesday 5pm (EST) | X1 holding cost rate | X3 holding cost rate |
Thursday 5pm (EST) | X3 holding cost rate | X1 holding cost rate |
Friday 5pm (EST) | X1 holding cost rate | X1 holding cost rate |
You can calculate your holding rate by following these steps:
Take your total trade value using the opening price (calculated by multiplying your position size by the opening price), which is displayed in the order ticket when you enter a quantity.
Multiply that by the holding cost percentage (which can change each day) shown in the 'Product Overview' to get your annualised holding fee.
Divide this number by 365 to calculate your daily cost in the instrument's traded currency.
You can find holding rates from the product library in the platform. Select the arrow icon next to the specific instrument which will bring up a sub-menu. Then choose 'Product Overview' on the sub-menu to display the holding rate details.
When you have account netting set as enabled, and you place a trade in the opposite direction on the same instrument, your trades will be netted off and closed out.
If you have account netting disabled, you can have buy and sell trades on the same instrument open at the same time. Your overall exposure will automatically net off according to the size of each trade, reaching exactly zero if your positions are perfectly hedged.
Please note that holding costs are still charged on both sides regardless of your netting status.