CFD commission rates explained
When trading share CFDs on our trading platform, a commission is charged to your account once an order is executed.
We've put together a few examples below to show you how commission is calculated on share CFDs. The commission rates can be found in the table below.
Spanish share examples
The commission rate on a Spanish share CFD is 0.10%, subject to a minimum commission charge of €9.00.
A 2500 unit trade in Banco Santander at a price of 5.20 would incur a commission of €13.00 based on the following calculation:
2500 (units) x 5.20 (price) = €13,000 x 0.10% = €13.00
But a 1000 unit trade in Banco Santander at a price of 5.20 would incur a minimum commission charge of €9.00 based on the following calculation:
1000 (units) x 5.20 (price) = €5,200 x 0.10% = €5.20
Since the actual commission on this trade is less than our €9.00 minimum commission charge, we have instead applied the minimum commission charge of €9.00.
US share example
The commission for a US share is 2 US cents per share, subject to a minimum commission charge of US$10.
So a 600 unit trade in Caterpillar at a price of 80.95 would incur a commission of $12.00 based on the following calculation:
600 (units) x $0.02 (commission charge per unit) = $12.00
But a 300 unit trade in Caterpillar at a price of 80.95 would incur a minimum commission charge of $10.00 based on the following calculation:
300 (units) x $0.02 (commission charge per unit) = $6.00
The actual commission on this trade is less than the $10.00 minimum commission charge on US share CFDs, so instead the minimum commission charge of $10.00 is applied.
Share CFD commission charges
| Country / Market | Commission charge | Charge currency | Minimum commission charge |
|---|---|---|---|
| UK | 0.10% | GBP | GBP 9.00 |
| US | 2 cents per unit | USD | USD 10.00 |
| Australia | 0.10% | AUD | AUD 7.00 |
| Austria | 0.10% | EUR | EUR 9.00 |
| Belgium | 0.10% | EUR | EUR 9.00 |
| Canada | 2 cents | CAD | CAD 10.00 |
| Denmark | 0.10% | DKK | DKK 90.00 |
| Finland | 0.10% | EUR | EUR 9.00 |
| France | 0.10% | EUR | EUR 9.00 |
| Germany | 0.10% | EUR | EUR 9.00 |
| Hong Kong | 0.18% | HKD | HKD 50.00 |
| Ireland | 0.10% | EUR | EUR 9.00 |
| Italy | 0.10% | EUR | EUR 9.00 |
| Japan | 0.10% | JPY | JPY 1,000 |
| Netherlands | 0.10% | EUR | EUR 9.00 |
| New Zealand | 0.10% | NZD | NZD 7.00 |
| Norway | 0.10% | NOK | NOK 79.00 |
| Poland | 0.18% | PLN | PLN 50.00 |
| Portugal | 0.10% | EUR | EUR 9.00 |
| Singapore (SGD) | 0.10% | SGD | SGD 10.00 |
| Singapore (USD) | 0.10% | USD | USD 10.00 |
| Spain | 0.10% | EUR | EUR 9.00 |
| Sweden | 0.10% | SEK | SEK 89.00 |
| Switzerland | 0.10% | CHF | CHF 9.00 |
For non-US shares, the commission is calculated as a percentage charge of the value of the order. Commissions on US shares are charged at 2 cents per share.
All commission charges will be converted to your account currency at our prevailing currency conversion rate.