Trading Costs
Spreads on popular instruments
We never aim to profit from our clients' losses. Our income comes predominantly from the spread, which is built into the buy and sell prices of an instrument.
Share CFD commissions
There's a commission charge on share CFDs when you enter and exit a trade, which varies depending on the country where the specific share originates.
Overnight Holding Costs
At the end of each day (5pm New York time), 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 trade and the applicable holding rate.
Other Costs & Fees
There are some other potential costs you may incur, depending on what and how you trade. These include rollover costs, guaranteed stop-loss orders, market data fees and dormancy fees.
Rollover costs apply to forward contracts when positions are held past the expiry date. If you hold a position in a forward contract past its expiry, it will be automatically rolled over to the next contract period, and a rollover cost may apply based on the difference between the expiring and new contract prices.
A guaranteed stop-loss order (GSLO) guarantees to close your trade at the exact price you specify, regardless of market gapping or slippage. There is a premium charged for this protection, which is only payable if the GSLO is triggered. The premium varies depending on the instrument and is displayed on the platform before you place your order.
Live streaming prices for forex, indices, commodities, and treasuries are provided free of charge. For share CFDs, real-time prices are available through our platform. Professional traders may be subject to additional exchange fees for live market data.
If your account has been inactive for 12 consecutive months and has a positive cash balance, a monthly inactivity fee of SGD 15 (or currency equivalent) may be applied. You can avoid this fee by placing at least one trade within any 12-month period or by withdrawing your funds.
