- Spreads vary by market
There is no commission on spread bets. We quote a fixed spread on all index, FX and commodity spread bets. The midpoint of the bet is derived from real-time feeds of a security’s market price. Our spreads are some of the tightest in the industry – so you can trade for less.
For all equity spread bets the bid-offer you are quoted includes all charges. On UK and EU equities, we charge a fixed % spread and on US equities 2 cents around the underlying bid-offer. The underlying spread on an equity is driven by the market. Individual equity charges are detailed in our market information section and on the trading platform.
FX, gold and silver markets are quoted on a variable spread basis. When trading these markets you will be charged a commission of £1.25, €1.40 or $1.50 per lot per leg. MT4 bundles both the opening and closing commissions into the opening leg of a transaction.
There are no commission charges for softs, other metals and oil markets, the commission is effectively built into the market spread.
We charge traders an overnight funding charge, also known as a swaps charge, on daily bets and CFD cash markets. As at 10pm UK time any open positions are charged. Our funding rates are based on the relevant interbank lending rate. For the majority of GBP trades this will be 2.5% ± 1 month LIBOR.
When you deposit or withdraw with us we don't charge (T&C's apply).