In the presence of CFD trading in promotions (contracts in difference) in our platform special commission is charged together with your immeasurable in the presence of order execution.
Check out our samples to find out how we expect the commission according to CFDs in promotions. In the table below you will also be able to explore with the commission rates according to the states.
Spanish share examples
The commission on CFDs on Spanish shares is 0.10% with a minimum commission of €9.00.
On a transaction involving 2,500 units of Banco Santander shares at a price of 5.20, the commission would be €13.00 based on the following calculation:
2,500 (units) x 5.20 (price) = €13,000 x 0.10% = €13.00.
But for a transaction with 1,000 units of Banco Santander at a price of 5.20 you will have to pay a minimum commission of €9.00
1000 (units) x 5.20 (price) = €5,200 x 0.10% = €5.20.
As the actual commission on this transaction is less than the minimum commission of €9.00, we have applied the minimum commission of €9.00.
US share example
The commission per U.S. share is 2 U.S. cents per share with a minimum commission of $10.00.
Thus, if 600 units of Caterpillar stock traded at 80.95, the commission would be $12.00, based on the following calculation:
600 (units) x $0.02 (commission per unit) = $12.00.
But for a transaction of 300 Caterpillar units at a price of 80.95, the minimum commission would be $10.00, based on the following calculation:
300 (units) x $0.02 (commission per unit) = $6.00.
The actual commission on this transaction is less than the $10.00 minimum commission on the U.S. equity CFD, so the $10.00 minimum commission applies instead.
Share CFD commission charges
For the purpose of non-US promotions, the special commission is calculated as a profit credit from the order price. North American promotions are charged a commission of 2 cents per event.
All commissions will be converted to your unit of value according to the current direction.