The commission rate on a Spanish share CFD is 0.10%, subject to a minimum commission charge of €9.00.
A 2500 unit trade in Banco Santander at a price of 5.20 would incur a commission of €13.00 based on the following calculation:
2500 (units) x 5.20 (price) = €13,000 x 0.10% = €13.00
But a 1000 unit trade in Banco Santander at a price of 5.20 would incur a minimum commission charge of €9.00
1000 (units) x 5.20 (price) = €5200 x 0.10% = €5.20
Since the actual commission on this trade is less than our €9.00 minimum commission charge, we have instead applied the minimum commission charge of €9.00.
The commission for a US share is 2 US cents per share, subject to a minimum commission charge of $10.So a 600 unit trade in Caterpillar at a price of 80.95 would incur a commission of $12.00 based on the following calculation:
600 (units) x $0.02 (commission charge per unit) = $12.00
But a 300 unit trade in Caterpillar at a price of 80.95 would incur a minimum commission charge of $10.00 based on the following calculation:
300 (units) x $0.02 (commission charge per unit) = $6.00
The actual commission on this trade is less than the $10.00 minimum commission charge on US share CFDs, so instead the minimum commission charge of $10.00 is applied.
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