Complete visibility into every charge.
Formula
Underlying market adjustment (TomNext) +/- our daily fee (0.00411%)
CFD example
You have a position of $10,000 on USD/JPY.
The overnight swap (or TomNext) rate for USD/JPY is currently -0.0182. At the prevailing spot
price of 132.80 that equates to -0.0137% daily.
Our daily fee is 0.00411%.
So to hold a long position overnight you would receive 0.00959% – the negative USD/JPY swap
rate plus our fee – of your exposure, which is $0.96.
To hold a short position, you would pay 0.01781% – the positive swap rate plus our
fee – of your
exposure, which is $1.78.
Learn more about trading Forex in our extensive Trading Guides.
Formula
Relevant interest rate benchmark (eg SONIA for underlyings denominated in sterling) +/- our daily fee (0.01096%)
CFD example
You have a position of one contract on the US Tech 100, currently priced at 12475. Your position’s full exposure is therefore $12,475.
The US Tech 100 underlying market is denominated in USD. Therefore the applicable interest rate benchmark is the secured overnight financing rate (SOFR) – which is currently 4.66448% annually, or 0.01278% daily.
Our daily fee is 0.01096%.
So to hold a long position overnight you would pay 0.02374% – SOFR plus our fee – of your exposure, which is $2.96.
To hold a short position, you would receive 0.00182% – SOFR minus our fee – of your exposure, which is $0.23.
Learn more about Trading Indices here.
Formula
Underlying market adjustment (futures basis) +/- our daily fee (0.01096%)
CFD example
You have a position of 4,000 therms of Natural Gas, currently priced at $2.54. Your position’s full exposure is therefore $10,160.
The overnight basis adjustment for Spot Natural Gas is currently 0.0031. At the prevailing spot price of 2.54 that equates to 0.12205% daily.
Our daily fee is 0.01096%.
So to hold a long position overnight you would pay 0.13301% – the basis adjustment plus our fee – of your exposure, which is $13.51.
To hold a short position, you would receive 0.11109% – the basis adjustment minus our fee – of your exposure, which is $11.29.
Learn more about trading Commodities in our extensive Trading Guides.
Formula
Relevant interest rate benchmark (eg SONIA for underlyings denominated in sterling) +/- our admin fee (0.01096%)
CFD example
You have a position of 50 shares of Tesla, currently priced at $195. Your position’s exposure is therefore $9,750.
Tesla trades in USD. Therefore the applicable interest rate benchmark is the secured overnight financing rate (SOFR) – which is currently 4.66448% annually, or 0.01278% daily.
Our daily fee is 0.01096%.
So to hold a long position overnight you would pay 0.02374% – SOFR plus our fee – of your exposure, which is $2.31.
To hold a short position, you would receive 0.00182% – SOFR minus our fee – of your exposure, which is $0.18.
Learn more about trading Stocks and ETFs in our extensive Trading Guides.
Aside from trading fees (commissions, spreads, swaps) and potential charges on some deposits/withdrawals methods such as conversion charges, there are no other charges for trading through Stonefort Securities Limited.
Stonefort Securities Limited has its registered office on the 11th floor, Bramer House, Hotel Avenue, Ebene, Mauritius, its Registration Number is : 209470.Stonefort Securities Limited is Licensed from the Financial Services Commission (FSC), Mauritius with License Number GB 24202921. Email: [email protected]
Risk Disclosure: Foreign exchange (forex, FX) and Contracts for Difference (CFDs) on Currencies, Commodities, Indices, or Equities are all margin-traded products and carry a high level of risk that may not be suitable for all investors. Before deciding to trade FX/CFD instruments offered by Stonefort Securities Limited, please seek independent advice. You should carefully consider your objectives, financial situation, needs, experience level and risk tolerance.You should not trade any margined product unless you fully understand all the risks involved and you are able to sustain any losses. Risk Disclosure for further details.
*Our services are not available in the following regions: Canada, China, East Timor, Falkland Islands, Guam, Hong Kong, Iran, Iraq, Japan, Libya, Liechtenstein, Mali, Nauru, New Zealand, North Korea, Puerto Rico, Russia, South Korea, South Sudan, Sudan, Syria, Ukraine, the United States of America, the U.S. Virgin Islands, and Yemen.