When trading share CFDs (contracts for difference) on our platform, a commission is charged to your account when you execute an order.
View our examples to learn how we calculate commission on share CFDs. You can also see our commission rates by country in the table below.
New Zealand share examples
The commission rate on a New Zealand share CFD is 0.10%, subject to a minimum commission charge of $7.00.
A 2500 unit trade in Mercury NZ Limited (MCY) 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 Mercury NZ Limited (MCY) at a price of 5.20 would incur a minimum commission charge of $7.00
1000 (units) x 5.20 (price) = $5200 x 0.10% = $5.20
Since the actual commission on this trade is less than our $7.00 minimum commission charge, we have instead applied the minimum commission charge of $7.00.
US share example
The commission for a US share is 2 US cents per share, subject to a minimum commission charge of $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 | 0.08% | GBP | GBP 9.00 |
US | 2 cents per unit | USD | USD 10.00 |
Australia | 0.09% | AUD | AUD 7.00 |
Austria | 0.10% | EUR | EUR 9.00 |
Belgium | 0.10% | EUR | EUR 9.00 |
Canada | 2 cents per unit | 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, non-CA shares, the commission is calculated as a percentage charge of the value of the order. Commissions on US and CA shares are charged at 2 cents per share.
All commission charges will be converted to your account currency at our prevailing currency conversion rate.