Fees
and charges
Complete visibility into every charge.
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.
