-->
The overnight holding rate used when calculating the applicable holding costs on FX comes from the tom-next rate, which is the difference between the two currencies’ interest rates, with an additional 0.0027% CMC Markets charge added. Learn more about CFD holding costs.
Please note, you'll be charged holding costs for three days on either a Wednesday or a Thursday, depending on the currency pair, as shown in the table below.
| USD/CAD, USD/TRY, TRY/CAD, CAD/TRY | All other FX pairs, FX indices, Gold, Silver, Precious Metals Index |
Monday 5pm EST | x1 Holding Cost rate | x1 Holding Cost rate |
Tuesday 5pm EST | x1 Holding Cost rate | x1 Holding Cost rate |
Wednesday 5pm EST | x1 Holding Cost rate | x3 Holding Cost rate |
Thursday 5pm EST | x3 Holding Cost rate | x1 Holding Cost rate |
Friday 5pm EST | x1 Holding Cost rate | x1 Holding Cost rate |
If you are trading foreign exchanges products on our CFD platform there is a charge of 50 basis points (0.5%) to convert foreign currencies into your home currency.
No, we do not offer currency exchange facilities.
Prices streamed from our liquidity providers (November 2015 – Deutsche Bank, JP Morgan, Barclays, Goldman, UBS, Citibank and HSBC) are consumed by our automated pricing engine where the ‘best’ and most representative price is used to create our quotes on which clients trade.
