Charges & Fees
To ensure full transparency, we clearly disclose all trading-related costs. Below is an overview of typical charges on our CFD platform.
1. Trading Commissions
Do we charge trading commissions?
No. All trading is commission-free ($0 Commission).
2. Spread
(1) What is a spread?
Spread refers to the difference between the buy (ask) price and sell (bid) price in CFD markets.
The ask price is typically higher than the bid price, meaning the market needs to move favorably beyond the spread for a trade to become profitable.
Spreads may vary depending on trading hours, liquidity, and volatility. Please refer to the trading platform for real-time data.
(2) Spread Example
For a CFD index with quotes at 12475/12476, the spread is 1 point.
For a 1-lot trade, spread cost = 1 × $1 = $1, split between open and close.
3. Swap / Overnight Financing
(1) What is an overnight fee?
Overnight fees apply when leveraged positions remain open beyond the daily cutoff time (05:00 GMT+8 during daylight saving or 06:00 GMT+8 otherwise).
Whether a fee is charged or paid depends on the asset class and long/short direction.
(2) Swap frequency by asset
- Forex, Gold, Oil (T+2 settlement):
Charged daily from Mon/Tue/Thu/Fri; Wednesday incurs a 3-day swap. - Indices:
Charged daily; Friday incurs a 3-day swap. - Cryptocurrencies:
Charged daily, no 3-day rule.
(3) Formula
Swap = Price × Contract Size × Lot Size × Days × Swap Rate ÷ 360
(4) Example
Selling 1 lot EUR/USD at 1.13700 with a swap rate of -0.10% for 1 day:
Swap = 1.13700 × 100000 × 1 × -0.001 ÷ 360 = -0.32 USD
(5) Why is a swap fee charged?
Swap reflects the cost (or benefit) of leveraging capital overnight.