|AUD||Banker acceptance bill 1 month|
|CAD||Bankers acceptance bill 1 month|
|CHF||Libor 1 month|
|DKK||Copenhagen interbank offered rate 1 month|
|EUR||Euribor 1 month|
|GBP||Libor 1 month|
|HKD||Hong Kong interbank offered rate 1 month|
|INR||1 month deposit|
|JPY||Libor 1 month|
|NOK||Norwegian interbank offered rate 1 month|
|NZD||Bank bill 1 month|
|SEK||Stockholm interbank offered rate 1 month|
|SGD||Singapore interbank offered rate 1 month|
|USD||Libor 1 month|
At the end of each trading day (5pm New York time), your open CFD trading positions may be subject to a charge called a holding cost. The holding cost can be positive or negative depending on whether you are long or short. Indices, forex, commodity and treasury forward contracts are not subject to holding costs.
Holding costs for indices are based on the underlying interbank rate of the index (see table) plus 2.5% on buy positions and minus 2.5% on sell positions.
For share CFDs, holding costs are based on the underlying interbank rate for the currency of the relevant share (see table) plus 2.5% on buy positions and minus 2.5% on sell positions.
FX holding costs are based on the tom-next (tomorrow to next day) rate in the underlying market for the currency pair and are expressed as an annual percentage.
Holding rates for cash commodities and treasuries are based on the inferred holding costs built into the underlying futures contracts, from which the prices of our cash commodity and treasury products are derived.
To view the prices for Australian and Hong Kong share CFDs on the platform, you will need to activate the relevant market data subscription. There is a monthly fee, which is refunded if you execute two or more trades under the same subscription during the subscription period, which usually runs from the first day of the month until the first day of the following month.
Please note that, where fees apply, local taxes and duties may also be charged. The taxes included represent 20% VAT, on the basis that you are a resident in the UK. Non-residents will be charged VAT based on their country of residence.
|Market||Currency||Market data fee (incl. tax)|
|Austria, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, Spain, Sweden, Switzerland, UK, US||Various||0.00|
A guaranteed stop-loss order (GSLO) works in the same way as a stop-loss order, except that it guarantees to close you out of a trade at the price specified regardless of market volatility or gapping, for a premium. If the GSLO is not triggered then we'll refund 50% of the original premium.
|Product||CFD GSLO premium rate||Trade size||GSLO premium1, 2|
|UK 100||1 point||5 units||£5|
|US 30||1 point||5 units||£3.75|
|Germany 30||1 point||5 units||£4.43|
|Gold||0.3 points||10 units||£2.25|
|Crude Oil Brent||3 points||100 units||£2.25|
1GSLO premium = premium rate x trade size.
2Amounts are automatically converted into your home currency using the prevailing CMC Markets conversion rate.
A monthly inactivity charge of £10 (or its equivalent in another currency) will be deducted per dormant account where funds are available. An account shall be considered dormant if there are no open positions and there has been no other trading activity for a continuous period of two years.
The monthly inactivity charge of £10 (or its equivalent in another currency) will be deducted from a dormant account, usually within the first two (UK) working days of the month, until either:
Once the balance of a dormant account has reduced to zero, we will not deduct further monthly inactivity charges from the dormant account. A dormant account will not incur a negative balance as a result of the deduction of the monthly inactivity charge.
If you decide to reactivate your dormant account by trading again, the inactivity charge for up to three previous months (up to a maximum of £30) where this has already been deducted will be refunded to your account.
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†Awarded Best Platform Features and Best Mobile Phone/Tablet Platform; ranked highest for Platform Reliability and Charting, based on highest user satisfaction among spread betters, CFD and FX traders, Investment Trends 2017 UK Leverage Trading Report; Best Online Trading Platform, Shares Awards 2016; Best Forex Trading Platform, UK Forex Awards 2016.
^We offer competitive monthly cash rebates for clients who trade in high volumes and if you meet our monthly notional value requirements for one asset class, you automatically qualify for monthly rebates for all asset classes; conditions apply.
*Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK