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.
About Stonefort Securities
Stonefort Securities LLC (SFS) holds a Category Five License to conduct Financial Consultations, Introduction, and Promotion activities under License No 20200000226, issued by the Securities and Commodities Authority (SCA), United Arab Emirates (UAE). SFS-UAE address is at office 3204, 32nd floor, Anantara Business Tower, Business Bay, Dubai, UAE.
Stonefort Securities Limited (SFS) holds an Investment Dealer License to conduct Full-Service Dealer, excluding Underwriting activities under license No GB 24202921, issued by the Financial Services Commission (FSC), Mauritius (MUS). SFS-MUS address is the 11th floor, Bramer House, Hotel Avenue, Ebene, Cybercity, MUS.
Stonefort Securities LLC (SFS) registration No 3545 in Saint Vincent and The Grenadines (SVG). SFS-SVG address is Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, SVG.
About Products and Services Risk
Over the Counter (OTC) leveraged derivative contracts, including contracts for difference (CFDs) and currencies in the spot market are complex financial instruments and carry a high degree of risk due to high leverage, and potential losses may exceed initial investment. Trading leveraged OTC derivatives may not be suitable for all investors. Before engaging in any trading activities, you should carefully consider your investment objectives, risk tolerance, and financial situation, please seek independent financial advice before trading. We shall not be held liable for any losses resulting from trading such high-risk and complex products, services and financial instruments.
About Regulatory Compliance
Our Products and Services are not available in/for countries and jurisdictions that are subject to UN Sanctions, OFAC Sanctions, International Sanctions, FATF Black-List, which are classified as high-risk due to significant strategic deficiencies in their regimes to counter money laundering, terrorist financing, and financing of proliferation, or in/for countries with strict laws and regulations i.e. USA, Canada, …etc. or countries where the distribution or use of our products and services would be contrary to their local laws or regulations. Prohibited-Countries