Charges
Our commission charges are kept low, with a standard rate for all UK Share CFDs of just 0.10% per transaction.
| Country | Commission per side | Minimum charge (online) | Minimum charge (phone) |
|---|---|---|---|
| UK | 0.10% | £10 | £15 |
| US | 2 cents/share | $15 | $25 |
| Euro | 0.10% | E10 | E25 |
| Denmark | 0.10% | DKK100 | DKK250 |
| Norway | 0.10% | NOK100 | NOK250 |
| Sweden | 0.10% | SEK100 | SEK250 |
| Switzerland | 0.10% | CHF10 | CHF25 |
| Greece | 0.75% | E25 | E40 |
| Australia | 0.10% | A$8 | A$8 |
| Singapore | 0.20% | SGD25 | SGD25 |
| Japan | 0.20% | JPY1500 | JPY2500 |
| Hong Kong | 0.30% | HKD25 | HKD25 |
| South Africa | 0.30% | ZAR200 | ZAR300 |
| Canada | 3 cents/share | CAD25 | CAD25 |
| IOB Shares | 4 cents/share | $15 | $25 |
Euro includes: Austria, Belgium, Eire, Finland, France, Germany, Italy, Netherlands, Portugal, Spain
IOB Shares are Depository Receipts that trade on the International Order Book on London Stock Exchange
Limited Risk
The premium for a Limited Risk transaction with a Guaranteed Stop is normally just 0.30%, although this may vary due to market conditions and volatility (see Contract Details for more details). The premium is only charged on the opening trade.
Funding
The funding rates that apply will be the inter-bank offered rate for the currency that the trade is denominated in, plus/minus 2.5%. For example, a funding rate of LIBOR +2.5% will apply to long positions in UK stocks.
All rates may be reduced on negotiation for high-volume traders.
Borrowing charges
Where you open a short share CFD position, you may incur a "borrowing charge". You will only incur a borrowing charge if we too incur such a charge when we open a hedging trade in respect of the same share in the underlying market; and we will pass the charge onto you with no mark up.
To determine whether a borrowing charge applies, call our dealers in advance of trading. The borrowing charge (if applicable) will be accounted for in the daily interest adjustment that is applied to your trade. The borrowing charge, and the ability to go short, can be changed at short notice.