The spread is the difference between the buy (ask) price and the sell (bid) price. The spread applies to all product types.
For example, if the instrument is trading at a mid-price of 1274, our ask price (the price at which you can buy) might be 1274.2 and our bid price (the price at which you can sell) might be 1273.8. The full cost of the spread is realised each time you open and close a trade.
Our commission on Pro Accounts pays for our clearing and aggregation costs, together with our cost of providing the service to you.
Commissions are charged in the Account Currency and are based on the number of standard Contracts bought or sold in each transaction. For a fraction of a standard Contract, the charge is made on a pro-rata basis.
The table below sets out the commissions payable on FX and Bullion transactions on Pro Accounts when you open a Position.
|Account Currency||Per Standard Contract||Account Currency||Per Standard Contract|
|HKD||$55.00||Other||USD $7.00 equivalent|
Swap free Accounts are not subject to Financing Charges or Benefits on FX Margin Contracts, Bullion Spot CFDs and Cash CFDs. We reserve the right to revoke the swap free status of any live account considered to be misused, trading in a suspicious manner or operating outside the realms of good faith.
Please be advised that your credit card provider may view payments made to us as a cash advance and that they may charge you accordingly.
For further deposit information, please see here.
Your bank may charge you a receiving fee for any international bank transfer, we are not liable for this fee and this will be incurred by you.
We reserve the right to charge an inactivity fee where there are funds in your Account but there has been no trading activity and no open positions on your Account for a continuous period of 12 months. After 12 months of inactivity, the fee will be charged within 30 business days and, from 1 April 2023, deducted monthly thereafter.
The fee charged is based on your Account currency. Please see our Product Schedule for full details.