Trading Costs
Spread Betting on CoreTrader 2:
  • Spreads vary by market
Our commission charges on MT4:
  •  Applicable to MT4 FX, Gold and Silver markets £1.25/€1.40/$1.50 per lot per leg.
Guaranteed stops (not available on MT4)
  • From 3pts, availability and charge varies by market.
Overnight holding
  • 2.5% +/- Libor
DEPOSIT CHARGES
Credit cards
  • Free*
Debit cards
  • Free*
Bank transfer
  • Free*
Internal account transfer
  • Free*
WITHDRAWAL CHARGES
Credit cards
  • Free*
Debit cards
  • Free*
Standard UK bank transfer (BACS)
  • Free*
Same day UK bank transfer (CHAPS)
  • Free*
International bank transfer
  • Free*
WITHDRAWAL CHARGES
Account opening
  • Free*
Inactivity charge
  • No way!

SPREAD BETTING

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.

MT4

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.

OVERNIGHT FINANCING AND SWAPS CHARGES

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.

  • If an index, equity or commodity position is long, we charge 1 month LIBOR plus 2.5%. If it is short, we pay 1 month LIBOR and charge 2.5%.
  • For FX, the trader receives the interest of the long currency and pays the interest of the short currency and then pays 2.5%.
  • For all bets on futures and forwards, the cost of financing is incorporated in the spread and daily funding on these instruments will not be charged.

FUNDING CHARGES

When you deposit or withdraw with us we don't charge (T&C's apply).

*Subject to our Deposit and Withdrawal policy

Please note we don't accept third party deposits.

Core Spreads

Core Spreads is financial trading as it should be. No noise – just tight spreads on thousands of markets..

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