With our spread bet offering the inital dealing costs are built into the spread (difference in the buying and selling price)
There is an overnight financing fee applied to leveraged positions with the exception of forwards and futures, This for holding a position that rolls daily this is applied at 10pm daily and on Fridays the weekend fees are also applied. For all markets with the exception of FX this fee is 3% per Annum and on FX it is the TOMNEXT rate plus 1.50% per Annum. There is also a fee when converting currencies applied which is 0.5%
CFD’s like spreadbetting in most cases apply a spread mark up as our dealing fee with the exception of Euqities. The charges for Equities are $0.02 per share for US equities or 0.10% for UK equities and 0.10% for European equities. Minimum fees are $1.00 £1.00 and € 1.00 respectively.
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