Spread Trading Fees List
The following information sets out the applicable fees and other rates for the purposes of your Agreement with Spread Co pursuant to Spread Co’s Spread Trading Terms of Business, which may be amended from time to time as notified to you in writing (which, for the avoidance of doubt, shall include e-mail or display of notice on the Dealing System).
Overnight interest – Charged/paid on any FX & bullion position depending on the currency pair and the applicable rate in the interbank markets applicable to the period of the rollover. Other cash markets are charged/paid with a financing rate of 2.0 percent +/- overnight currency funding rate. No overnight charges are applicable to futures markets. Where the interest amount is a negative figure, no amount will be payable by or to you.
Interest – Professional clients with excess of US $10,000 will receive interest in the applicable currency base rate less 2.0 percent payable based on amount on account at the end of business day, deficit balances will be charged the currency base rate plus 2.0 percent. The Base Rates will be provided to you upon request.
Unless the context otherwise requires, defined terms used herein shall have the same meaning as set out in Spread Co’s Spread Trading Terms of Business.
We may remunerate third parties, such as those advertising Spread Co’s products, for referring your business to Spread Co. As a general rule, such parties will receive an amount for each trade which you execute with Spread Co, which shall be either a fixed fee per trade or a percentage of the Spread Co spread.
Where you are referred by someone to Spread Co as part of Spread Co’s ‘refer a friend’ campaign, Spread Co may remunerate the person introducing you (the Introducer). As a general rule, the Introducer will receive a flat fee for making the introduction. Please contact Spread Co’s Client Services Team if you require further details.