Margin Requirements & Financing Fees

Currency

Withdrawals

AUD

One month bankers acceptance bill

CAD

One month bankers acceptance bill

CHF

One month Libor

DKK

One month Copenhagen interbank offered rate

EUR

One month Euribor

GBP

One month Libor

HKD

One month Hong Kong interbank offered rate

INR

One month deposit

JPY

One month Libor

NOK

One month Norwegian interbank offered rate

NZD

One month bank bill

SEK

One month Stockholm interbank offered rate

SGK

One month Singapore interbank offered rate

USD

One month Libor

ZAR

One month deposit

Financing Fees (Swaps)

At 5pm (New York time), all floating CFD trading positions may be subject to a charge called a financing fee (swap).

The financing fee cost can be positive or negative depending on whether you hold a buy or a sell position.

Forward contracts on indices, forex, commodities and treasuries are not subject to holding costs.

Learn more about Financing Fees.

Holding costs for indices are based on the underlying interbank rate of the index (see table) plus 0.0082% on buy positions and minus 0.0082% on sell positions.

Holding costs for CFD trades on cryptocurrencies are calculated in line with our existing instruments. Overnight holding costs for Bitcoin/USD are 0.0685% on long positions, and minus 0.0137% on short positions. Overnight holding costs for all other cryptocurrencies are 0.0753% on long positions, and minus 0.0274% on short positions.

For share CFDs, holding costs are based on the underlying interbank rate for the currency of the relevant share (see table) plus 0.0082% on buy positions and minus 0.0082% 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.

Financing Fees (swaps) & Margin Requirements

Long