Spread Betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.3% of retail investor accounts lose money when trading Spread Betting and CFDs with this provider. You should consider whether you understand how Spread Betting and CFDs work and whether you can afford to take the high risk of losing your money
Cost of Trading Examples
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Buy £1pp GBPUSD (Monday) | 1.20152 | ||
| Monday Close | 1.19825 | -£32.70 | -£32.70 |
| Tuesday Close | 1.20256 | £43.10 | £10.40 |
| Sell £1pp GBPUSD to close | 1.20622 | £36.60 | £47.00 |
| Total PnL | GBP | £47.00 |
The total trading profit and loss of £47.00
The margin requirement for a retail client @ 3.33% or leverage of 30:1 would be £400.11 when opened at 1.20152
For more information on tracking daily Profit/Loss, please see our support page
| Stake | 1 | £ per point |
|---|---|---|
| Price | 1.20152 | |
| Position Value (£) | £12,015.20 | Stake * Price |
| Margin rate | 3.33% | |
| Margin Amount | £400.11 | Position Value * Margin Rate |
By replicating the GBPUSD market at 10% of its size, the Mini GBPUSD market allows a stake of 1 on this market to track PnL at 10 pence per tick (0.0001).
| OVERNIGHT SWAPS | BID | OFFER | AMOUNT |
|---|---|---|---|
| Monday Close Swap (1 Day) | -0.8425 | -6.2548 | -£0.63 |
| Tuesday Close Swap (1 Day) | -0.8425 | -6.2548 | -£0.63 |
| TOTAL COST | -£1.25 |
| Monday Close Example | ||
|---|---|---|
| Close price | 1.19825 | |
| Position Open rate | 1.19888 | |
| -£0.63 | ||
| Position Size (Stake * 10,000) * (GBPUSD) | 12325.5 | |
| Ask Swap / Position Size | -0.507 | |
| -£0.63 | GBPUSD Rate used for calculation | |
| 1.23255 |
The cost for holding a position overnight is £1.25 for a two-night period, from Monday to Wednesday. However, it should be noted that any forex or bullion positions held until the close of business on Wednesday through 10 pm will incur a charge for three days. Forex and bullion trades follow settlement schedules and if they cannot be settled on the same day, they will be settled on the next available business day, which is usually Monday. If Monday is a bank holiday for any currency involved in the pair, a charge for four days will be incurred.
The swap rates are determined by the underlying interest rates and may change daily in relation to the TOM/NEXT rates.
| SPREAD* | |
|---|---|
| Bid/Offer | 1.20146/1.20152 |
| Spread | 0.00008 |
| Spread Cost | -£0.80 |
FX markets trade on fixed spreads
GBPUSD trades on a fixed spread of 1.0, 24 hours a day
For more information on FX spreads, please see our market information
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | £47.00 |
| SWAPS | -£1.25 |
| SPREAD | -£0.80 |
| TOTAL PnL | £44.95 |
*Fixed Spread up to max Stake £50
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Buy 10,000 (Monday) | 1.20152 | ||
| Monday Close | 1.19825 | $-32.70 | $-32.70 |
| Tuesday Close | 1.20256 | $43.10 | $10.40 |
| Sell 10,000 GBPUSD to close | 1.20622 | $36.60 | $47.00 |
| Total PnL | USD | $47.00 |
The total trading profit and loss of $47.00
The margin requirement for a retail client @ 3.33% or leverage of 30:1 would be $400.11 when opened at 1.20152
For more information on tracking daily Profit/Loss, please see our support page
| Quantity | 10000 | GBPUSD |
|---|---|---|
| Price | 1.20152 | |
| Position Value ($) | $12,015.20 | Stake * Price |
| Margin rate | 3.33% | |
| Margin Amount | $400.11 | Position Value * Margin Rate |
The minimum trade size is 10,000 GBP
| OVERNIGHT SWAPS | BID | OFFER | AMOUNT |
|---|---|---|---|
| Monday Close Swap (1 Day) | -0.8425 | -6.2548 | $-0.63 |
| Tuesday Close Swap (1 Day) | -0.8425 | -6.2548 | $-0.63 |
| TOTAL COST | $-1.25 |
| Monday Close Example | ||
|---|---|---|
| Close price | 1.19825 | |
| Position Open rate | 1.19888 | |
| $-0.63 | ||
| Position Open adjustment | -62.548 | ASK Multiply 10 |
| Open adjustment * position size | -0.00625 | |
| $-0.63 |
The cost for holding a position overnight is $1.25 for a two-night period, from Monday to Wednesday. However, it should be noted that any forex or bullion positions held until the close of business on Wednesday through 10 pm will incur a charge for three days. Forex and bullion trades follow settlement schedules and if they cannot be settled on the same day, they will be settled on the next available business day, which is usually Monday. If Monday is a bank holiday for any currency involved in the pair, a charge for four days will be incurred.
The swap rates are determined by the underlying interest rates and may change daily in relation to the TOM/NEXT rates.
| SPREAD* | |
|---|---|
| Bid/Offer | 1.20142/1.20152 |
| Spread | 0.0001 |
| Spread Cost | $-1.00 |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | $47.00 |
| SWAPS | $-1.25 |
| SPREAD | $-1.00 |
| TOTAL PnL | $44.75 |
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Sell 10,000 USDJPY (Monday) | 140.26 | ||
| Monday Close | 140.95 | -£69.00 | -£69.00 |
| Tuesday Close | 139.59 | £136.00 | £67.00 |
| Buy 10,000 USDJPY to close | 140.15 | -£56.00 | £11.00 |
| Total PnL | GBP | £11.00 |
The total trading profit and loss of £11.00
The margin requirement for a retail client @ 3.33% or leverage of 30:1 would be $400.11 when opened at 1.20152
For more information on tracking daily Profit/Loss, please see our support page
| Stake | 1 | £ per point | |
|---|---|---|---|
| Price | 140.26 | ||
| Position Value (JPY) | ¥1,402,600 | Stake * Price | |
| Margin rate | 3.33% | ||
| Margin Amount USD | £282.30 | Position Value * Margin Rate | |
| GBPJPY | 165.45 |
By replicating the GBPUSD market at 10% of its size, the Mini GBPUSD market allows a stake of 1 on this market to track PnL at 10 pence per tick (0.0001).
| OVERNIGHT SWAPS | BID | OFFER | AMOUNT |
|---|---|---|---|
| Monday Close Swap (1 Day) | -25.37 | 15 | -¥253.65 |
| Tuesday Close Swap (1 Day) | -25.37 | 15 | -¥253.65 |
| TOTAL COST | -¥507.30 |
| Monday Close Example | |
|---|---|
| Close price | 140.95 |
| Position Open rate | 140.92 |
| ¥253.65 |
| Position Size (Stake * 100) * (GBPJPY) | 16545 | |
|---|---|---|
| Bid Swap / Position Size | -1.533 | |
| -¥253.65 | GBPJPY Rate | |
| *100 Divisor for JPY | -£1.53 | 165.45 |
The credit for holding a position overnight is 507.30 JPY or £3.06 for a two-night period, from Monday to Wednesday. However, please note that any forex or bullion positions held until the close of business on Wednesday through 10 pm will incur a charge for three days. Forex and bullion trades follow settlement schedules and if they cannot be settled on the same day, they will be settled on the next available business day, which is usually Monday. If Monday is a bank holiday for any currency involved in the pair, a charge for four days will be incurred.
The swap rates are determined by the underlying interest rates and may change daily in relation to the TOM/NEXT rates.
| SPREAD* | |
|---|---|
| Bid/Offer | 140.26/140.41 |
| Spread | 0.015 |
| Spread Cost | -£1.50 |
FX markets trade on fixed spreads*
USDJPY trades on a fixed spread* of 1.5 (up to £50 per point), 24 hours a day
For more information on FX spreads, please see our market information
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | £11.00 |
| SWAPS | -£3.07 |
| SPREAD | -£1.50 |
| TOTAL PnL | £6.43 |
*Fixed Spread up to max Stake £50
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Sell 10,000 USDJPY (Monday) | 140.26 | ||
| Monday Close | 140.95 | -¥6,900 | -¥6,900 |
| Tuesday Close | 139.59 | ¥13,600 | ¥6,700 |
| Buy 10,000 USDJPY to Close | 140.15 | -¥5,600 | ¥1,100 |
| Total PnL | JPY | ¥1,100 |
The total trading profit and loss of 1100 JPY
The margin requirement for a retail client @ 3.33% or leverage of 30:1 would be 1100 JPY or $7.84 when opened at 1.20152
For more information on tracking daily Profit/Loss, please see our support page
| Quantity | 10000 | USDJPY |
|---|---|---|
| Price | 140.26 | |
| Position Value (JPY) | ¥1,402,600 | Stake * Price |
| Margin rate | 3.33% | |
| Margin Amount USD | $333.00 | Position Value * Margin Rate |
The minimum trade size is 10,000 USD
| OVERNIGHT SWAPS | BID | OFFER | AMOUNT |
|---|---|---|---|
| Monday Close Swap (1 Day) | -25.37 | 15 | ¥253.65 |
| Tuesday Close Swap (1 Day) | -25.37 | 15 | ¥253.65 |
| TOTAL COST | ¥507.30 |
| Monday Close Example | |
|---|---|
| Close price | 140.95 |
| Position Open rate | 140.92 |
| ¥253.65 | |
| Position Open adjustment | -0.02537 |
| Open adjustment * position size | -0.025 |
| -¥253.65 |
For holding a position overnight from Monday to Wednesday, the total credit is 507.30 JPY. However, it should be noted that any forex or bullion positions held until the close of business on Wednesday through 10 pm will incur a charge for three days. Forex and bullion trades follow settlement schedules and if they cannot be settled on the same day, they will be settled on the next available business day, which is usually Monday. If Monday is a bank holiday for any currency involved in the pair, a charge for four days will be incurred.
The swap rates are determined by the underlying interest rates and may change daily in relation to the TOM/NEXT rates.
| SPREAD* | |
|---|---|
| Bid/Offer | 140.26/140.41 |
| Spread | 0.015 |
| Spread Cost | -¥150 |
| $-1.07 |
FX markets trade on fixed spreads*
USDJPY trades on a fixed spread* of 1.5, 24 hours a day
For more information on FX spreads, please see our market information
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | ¥1,100.00 |
| SWAPS | -¥507.30 |
| SPREAD | -¥150.00 |
| TOTAL PnL | ¥442.70 |
*Fixed Spread up to max Stake £50
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Buy £1pp US30 (Monday) | 32150 | ||
| Monday Close | 32125 | -£25.00 | -£25.00 |
| Tuesday Close | 32225 | £100.00 | £75.00 |
| Sell £1pp US30 to close | 32175 | -£50.00 | £25.00 |
| Total PnL | GBP | £25.00 |
The total trading profit and loss of £25.00
When opened at 32150, the margin for a retail client with a 20% margin requirement or 5x leverage would be £1607.50.
For more information on tracking daily Profit/Loss, please see our support page
| Stake | 1 | £1 per point |
|---|---|---|
| Price | 32150 | |
| Position Value | 32150 | Stake * Price |
| Margin rate | 5% | |
| Margin Amount | £1,607.50 | Position Value * Margin Rate |
| FINANCING | CLOSE | AMOUNT |
|---|---|---|
| Monday Close | 32125 | -£4.92 |
| Tuesday Close | 32225 | -£4.94 |
| TOTAL | -£9.86 |
| Monday Close Example | ||
|---|---|---|
| Stake | 1 | £1 per point |
| Closing Price | 32125 | |
| Position Value | £32,125.00 | (Stake * Price)* GBPUSD |
| Annual Charge | -1772.79 | Position Value * Annual Rate (0.055184) |
| Daily Charge | -£4.92 | Annual Charge / 360 Days |
| SOFR Rate | 3.2568 |
|---|---|
| ISDA 3 Month | 0.26161 |
| Interest rate haircut | 2 |
| Annual rate % | 5.5184 |
| SPREAD* | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade (In hours) | 32149.2/32150 | 0.8 | -£0.40 |
| Closing Trade (Out of hours) | 32175/32177.8 | 2.8 | -£1.40 |
| TOTAL | -£1.80 |
Index market trade on fixed spreads
US30 Cash trades 0.80 in cash market hours and 2.8 outside of these.
For more information on equity commisison, please see our market information
| DIVIDENDS | POINTS | AMOUNT |
|---|---|---|
| Monday Close | 9.4 | £7.99 |
| Tuesday Close | 3.2 | £2.72 |
| TOTAL DIVIDENDS | £10.71 |
A dividend of 9.4 points will be paid on Monday’s close for any position held, with the ex-dividend date falling on Tuesday.
Any position held at the close of business prior to the ex-dividend date would be qualified for corporate action on that position
| Stake | 1 | £1 per point |
|---|---|---|
| Dividend amount | 9.4 | |
| Dividend haircut (15% of net) | 1.41 | |
| £7.99 | (Div Amount – Haircut) *Stake |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | £25.00 |
| FINANCING | -£9.86 |
| SPREAD | -£1.80 |
| DIVIDENDS | £10.71 |
| TOTAL PnL | £24.05 |
*Fixed Spread up to max Stake £50
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Buy 1 US30 (Monday) | 32150 | ||
| Monday Close | 32125 | $ -25.00 | $ -25.00 |
| Tuesday Close | 32225 | $100.00 | $75.00 |
| Sell 1 US30 to close | 32175 | $ -50.00 | $25.00 |
| Total PnL | USD | $25.00 |
The total trading profit and loss of $25.00
When opened at 32150, the margin for a retail client with a 20% margin requirement or 5x leverage would be $1607.50.
For more information on tracking daily Profit/Loss, please see our support page
| Quantity | 1 | US30 |
|---|---|---|
| Price | 32150 | |
| Position Value | 32150 | Stake * Price |
| Margin rate | 5% | |
| Margin Amount | $1,607.50 | Position Value * Margin Rate |
| FINANCING | CLOSE | AMOUNT |
|---|---|---|
| Monday Close | 32125 | $ -4.92 |
| Tuesday Close | 32225 | $ -4.94 |
| TOTAL | $-9.86 |
| Monday Close Example | ||
|---|---|---|
| Quantity | 1 | US30 |
| Closing Price | 32125 | |
| Position Value | $ 32,125.00 | (Stake * Price)* GBPUSD |
| Annual Charge | $-1,772.79 | Position Value * Annual Rate (0.055184) |
| Daily Charge | $-4.92 | Annual Charge / 360 Days |
| SOFR Rate | 3.2568 |
|---|---|
| ISDA 3 Month | 0.26161 |
| Interest rate haircut | 2 |
| Annual rate % | 5.5184 |
| SPREAD* | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade (Out of hours) | 32148/32150 | 4 | $ -2.00 |
| Closing Trade (In hours) | 32175/32177 | 2 | $ -1.00 |
| TOTAL | $ -3.00 |
Index market trade on fixed spreads
US30 Cash trades 2 in cash market hours and 4 outside of these.
A position held at the close of business before the ex-dividend date would be eligible for corporate action, and short positions would pay 100% of the dividend points.
| DIVIDENDS | POINTS | AMOUNT |
|---|---|---|
| Monday Close | 9.4 | $ 7.99 |
| Tuesday Close | 3.2 | $ 2.72 |
| TOTAL DIVIDENDS | $ 10.71 |
A dividend of 9.4 points will be paid on Monday’s close for any position held, with the ex-dividend date falling on Tuesday.
Any position held at the close of business prior to the ex-dividend date would be qualified for corporate action on that position
| Quantity | 1 | US30 |
|---|---|---|
| Dividend amount | 9.4 | |
| Dividend haircut (15% of net) | 1.41 | |
| $7.99 | (Div Amount – Haircut) *Stake |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | $25.00 |
| FINANCING | $-9.86 |
| SPREAD | $-3.00 |
| DIVIDENDS | $10.71 |
| TOTAL PnL | $22.85 |
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Sell £1pp US30 (Friday) | 32150 | ||
| Friday Close | 32125 | £25.00 | £25.00 |
| Buy £1pp US30 (Monday) | 32175 | -£50.00 | -£25.00 |
| Total PnL | GBP | -£25.00 |
The total trading profit and loss of -£25.00
When opened at 32150, the margin for a retail client with a 20% margin requirement or 5x leverage would be £1607.50.
For more information on tracking daily Profit/Loss, please see our support page
| Stake | 1 | £1 per point |
|---|---|---|
| Price | 32150 | |
| Position Value | 32150 | Stake * Price |
| Margin rate | 5% | |
| Margin Amount | £1,607.50 | Position Value * Margin Rate |
| FINANCING | CLOSE | AMOUNT |
|---|---|---|
| Friday Close | 32125 | £1.35 |
| TOTAL | £1.36 |
| Monday Close Example | ||
|---|---|---|
| Stake | 1 | £1 per point |
| Closing Price | 32125 | |
| Position Value | £32,125.00 | (Stake * Price)* GBPUSD |
| Annual Charge | £487.79 | Position Value * Annual Rate (0.015184) |
| Daily Charge | £1.35 | Annual Charge / 360 Days |
| SOFR Rate | 3.2568 |
|---|---|
| ISDA 3 Month | 0.26161 |
| Interest rate haircut | -2 |
| Annual rate % | 1.5184 |
| Days 3 | 4.06 |
| SPREAD* | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade (In hours) | 32149.2/32150 | 0.8 | -£0.40 |
| Closing Trade (Out of hours) | 32175/32177.8 | 2.8 | -£1.40 |
| TOTAL | -£1.80 |
Index market trade on fixed spreads*
US30 Cash trades 0.80 in cash market hours and 2.8 outside of these.
For more information on equity commission, please see our market information
| DIVIDENDS | POINTS | AMOUNT |
|---|---|---|
| Monday Close | 2.5 | -£2.50 |
| TOTAL DIVIDENDS | -£2.50 |
On Friday, a dividend of 2.5 points will be paid/charged at the close of position, with the ex-dividend date being on Monday.
A position held at the close of business before the ex-dividend date would be eligible for corporate action, and short positions would pay 100% of the dividend points
| Stake | 1 | £1 per point | |
|---|---|---|---|
| Dividend amount | 2.5 | ||
| Dividend haircut (0% of net) | 0 | ||
| -£2.50 | (Div Amount – Haircut) *Stake |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | -£25.00 |
| FINANCING | £1.36 |
| SPREAD | -£1.80 |
| DIVIDENDS | -£2.50 |
| TOTAL PnL | -£27.94 |
*Fixed Spread up to max Stake £50
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Sell 1 US30 (Friday) | 32150 | ||
| Friday Close | 32125 | $25.00 | $25.00 |
| Buy 1 US30 (Monday) | 32175 | $-50.00 | $-25.00 |
| Total PnL | USD | $-25.00 |
The total trading profit and loss of -$25.00
When opened at 32150, the margin for a retail client with a 20% margin requirement or 5x leverage would be $1607.50.
For more information on tracking daily Profit/Loss, please see our support page
| Quantity | 1 | US30 |
|---|---|---|
| Price | 32150 | |
| Position Value | 32150 | Stake * Price |
| Margin rate | 5% | |
| Margin Amount | $ 1,607.50 | Position Value * Margin Rate |
| FINANCING | CLOSE | AMOUNT |
|---|---|---|
| Monday Close | 32125 | $ 1.35 |
| Tuesday Close | 32225 | $ 1.36 |
| Monday Close Example | ||
|---|---|---|
| Quantity | 1 | US30 |
| Closing Price | 32125 | |
| Position Value | $ 32,125.00 | (Stake * Price)* GBPUSD |
| Annual Charge | $ 487.79 | Position Value * Annual Rate (0.015184) |
| Daily Charge | $ 1.35 | Annual Charge / 360 Days |
| SOFR Rate | 3.2568 |
|---|---|
| ISDA 3 Month | 0.26161 |
| Interest rate haircut | -2 |
| Annual rate % | 1.5184 |
| Days 3 | 4.06 |
| SPREAD* | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade (Out of hours) | 32148/32150 | 4 | $ -2.00 |
| Closing Trade (In hours) | 32175/32177 | 2 | $ -1.00 |
| TOTAL | $ -3.00 |
Index market trade on fixed spreads*
US30 Cash trades 2 in cash market hours and 4 outside of these.
A position held at the close of business before the ex-dividend date would be eligible for corporate action, and short positions would pay 100% of the dividend points.
| DIVIDENDS | POINTS | AMOUNT |
|---|---|---|
| Monday Close | 2.5 | $ -2.50 |
| TOTAL DIVIDENDS | $ -2.50 |
On Friday, a dividend of 2.5 points will be paid/charged at the close of position, with the ex-dividend date being on Monday.
A position held at the close of business before the ex-dividend date would be eligible for corporate action, and short positions would pay 100% of the dividend points
| Quantity | 1 | US30 | |
|---|---|---|---|
| Dividend amount | 2.5 | ||
| Dividend haircut (0% of net) | 0 | ||
| -£2.50 | (Div Amount – Haircut) *Stake |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | $-25.00 |
| FINANCING | $4.06 |
| SPREAD | $-3.00 |
| DIVIDENDS | $-2.50 |
| TOTAL PnL | $-26.44 |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | ¥1,100.00 |
| SWAPS | -¥507.30 |
| SPREAD | -¥150.00 |
| TOTAL PnL | ¥442.70 |
The total trading profit of £1.90
If opened at 137.1, the margin for a retail client with a 20% margin requirement or 5x leverage would be £27.42.
For more information on tracking daily Profit/Loss, please see our support page
| Stake | 1 | £ per point |
|---|---|---|
| Price | 137.1 | |
| Position Value | 137.1 | Stake * Price |
| Margin rate | 20% | |
| Margin Amount | £27.42 | Position Value * Margin Rate |
| FINANCING | CLOSE | AMOUNT |
|---|---|---|
| Monday Close | 138 | -£0.02 |
| Tuesday Close | 136 | -£0.02 |
| TOTAL | -£0.04 |
| Monday Close Example | ||
|---|---|---|
| Stake | 1 | £ per point |
| Closing Price | 138 | |
| Position Value | £138.00 | Stake * Price |
| Annual Charge | -£8.25 | Position Value * Annual Rate (0.05793) |
| Daily Charge | -£0.02 | Annual Charge / 365 Days |
| Sonia Rate | 3.86 |
|---|---|
| ISDA 3 Month | 0.1193 |
| Interest rate haircut | 2 |
| Annual rate | 5.9793 |
Total financing charged for holding the position for two nights is 4p
| SPREAD* | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade | 136.71/137.10 | 0.39 | £0.19 |
| Closing Trade | 139.00/139.39 | 0.39 | £0.19 |
| TOTAL COST | -£0.39 |
The total spread value, including the underlying market Bid/Offer and our additional commission of 5 basis points or 0.0005%, is 39 pence.
| Underlying market spread | 136.78 / 137.03 |
|---|---|
| Additional commission 5bps | 136.71 / 137.10 |
For more information on equity commission, please see our market information
| DIVIDENDS | PAYMENT | VALUE |
|---|---|---|
| Monday Close Price | 2.15 | £2.15 |
| Tuesday Close Price | 0 | £ – |
| TOTAL DIVIDENDS | £2.15 |
A dividend of 2.15 pence is scheduled to be actioned at the close of position on Monday, with the ex-dividend date set for Tuesday.
Any position held at the close of business prior to the ex-date would be qualified for corporate action on that position
| Stake | 1 | £ per point |
|---|---|---|
| Dividend amount | 2.15 | |
| £2.15 | (Div Amount) *Stake |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | £1.90 |
| FINANCING | -£0.04 |
| SPREAD | -£0.39 |
| DIVIDENDS | £2.15 |
| TOTAL PnL | £3.62 |
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Buy 100 Barclay’s Plc (Monday) | 137.1 | ||
| Monday Close | 138 | 0.9 | 0.9 |
| Tuesday Close | 136 | -2 | -1.1 |
| Sell 100 Barclay’s Plc to close | 139 | 3 | 1.9 |
| Total PnL | GBP | £1.90 |
The total trading profit of £1.90
If opened at 137.1, the margin for a retail client with a 20% margin requirement or 5x leverage would be £27.42.
For more information on tracking daily Profit/Loss, please see our support page
| Quantity | 100 | Share CFD |
|---|---|---|
| Price | 137.1 | |
| Position Value | 137.1 | Quantity * Price/100 |
| Margin rate | 20% | |
| Margin Amount | £27.42 | Position Value * Margin Rate |
| FINANCING | CLOSE | AMOUNT |
|---|---|---|
| Monday Close | 138 | -£0.02 |
| Tuesday Close | 136 | -£0.02 |
| TOTAL | -£0.04 |
| Monday Close Example | ||
|---|---|---|
| Quantity | 100 | Share CFD |
| Closing Price | 138 | |
| Position Value | £138.00 | (Quantity * Price)/100 |
| Annual Charge | £8.25 | Position Value * Annual Rate |
| Daily Charge | £0.02 | Annual Charge / 365 Days |
| Sonia Rate | 3.86 |
|---|---|
| ISDA 3 Month | 0.1193 |
| Interest rate haircut | 2 |
| Annual rate | 5.9793 |
Total financing charged for holding the position for two nights is 4p
| SPREAD* | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade | 136.71/137.10 | 0.39 | 0.195 |
| Closing Trade | 139.00/139.39 | 0.39 | 0.195 |
| TOTAL COST | -£0.39 |
The total spread value, including the underlying market Bid/Offer and our additional commission of 5 basis points or 0.0005%, is 39 pence.
| Underlying market spread | 136.78 / 137.03 |
|---|---|
| Additional commission 5bps | 136.71 / 137.10 |
For more information on equity commission, please see our market information
| DIVIDENDS | PAYMENT | VALUE |
|---|---|---|
| Monday Close Price | 2.15 | £2.15 |
| Tuesday Close Price | 0 | £ – |
| TOTAL DIVIDENDS | £2.15 |
A dividend of 2.15 pence is scheduled to be actioned at the close of position on Monday, with the ex-dividend date set for Tuesday.
Any position held at the close of business prior to the ex-date would be qualified for corporate action on that position
| Quantity | 100 | |
|---|---|---|
| Dividend amount | 2.15 | |
| £2.15 | (Div Amount) *Quantity |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | £1.90 |
| FINANCING | -£0.04 |
| SPREAD | -£0.39 |
| DIVIDENDS | £2.15 |
| TOTAL PnL | £3.62 |
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Sell1 Barclay’s Plc (Monday) | 136.71 | ||
| Monday Close | 138 | -£1.29 | -£1.29 |
| Tuesday Close | 136 | £2.00 | £0.71 |
| Buy1 Barclay’s Plc to close | 139.39 | -£3.39 | -£2.68 |
| Total PnL | GBP | -£2.68 |
The total trading loss of -£2.68
If opened at 136.71, the margin for a retail client with a 20% margin requirement or 5x leverage would be £27.34.
For more information on tracking daily Profit/Loss, please see our support page
| FINANCING | CLOSE | AMOUNT |
|---|---|---|
| Monday Close | 138 | £0.01 |
| Tuesday Close | 136 | £0.01 |
| TOTAL | £0.01 |
| Monday Close Example | ||
|---|---|---|
| Stake | 1 | £ per point |
| Closing Price | 138 | |
| Position Value | £138 | Stake * Price |
| Annual Amount | £2.73 | Position Value * Annual Rate (0.05793) |
| Daily Amount | £0.01 | Annual Charge / 365 Days |
| Sonia Rate | 3.86 |
|---|---|
| ISDA 3 Month | 0.1193 |
| Interest rate haircut | -2 |
| Annual rate | 1.9793 |
Total financing credited for holding the position for two nights is 1p
| SPREAD* | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade | 136.71/137.10 | 0.39 | £0.19 |
| Closing Trade | 139.00/139.39 | 0.39 | £0.19 |
| TOTAL COST | -£0.39 |
The total spread value, including the underlying market Bid/Offer and our additional commission of 5 basis points or 0.0005%, is 39 pence.
| Underlying market spread | 136.78 / 137.03 |
|---|---|
| Additional commission 5bps | 136.71 / 137.10 |
For more information on equity commission, please see our market information
| DIVIDENDS | PAYMENT | VALUE (INCLUDED WITH HAIRCUT RATE) |
|---|---|---|
| Monday Close Price | 2.15 | -£2.15 |
| Tuesday Close Price | 0 | £ – |
| TOTAL DIVIDENDS | -£2.15 |
A dividend of 2.15 pence is scheduled to be actioned at the close of position on Monday, with the ex-dividend date set for Tuesday.
Any position held at the close of business prior to the ex-date would be qualified for corporate action on that position
| Stake | 1 | £ per point |
|---|---|---|
| Dividend amount | 2.15 | |
| Dividend haircut (0% short) | 0 | |
| -£2.15 | (Div Amount – Haircut) *Stake |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | -£2.68 |
| FINANCING | £0.01 |
| SPREAD | -£0.39 |
| DIVIDENDS | -£2.15 |
| TOTAL PnL | -£5.21 |
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Sell 100 Barclay’s Plc (Monday) | 136.71 | ||
| Monday Close | 138 | -£1.29 | -£1.29 |
| Tuesday Close | 136 | £2.00 | £0.71 |
| Buy 100 Barclay’s Plc to close | 139.39 | -£3.39 | -£2.68 |
| Total PnL | GBP | -£2.68 |
The total trading profit and loss of -£2.68
If opened at 136.71, the margin for a retail client with a 20% margin requirement or 5x leverage would be £27.34.
For more information on tracking daily Profit/Loss, please see our support page
| Quantity | 100 | Share CFD |
|---|---|---|
| Price | 136.71 | |
| Position Value | 136.71 | Quantity* Price |
| Margin rate | 20% | |
| Margin Amount | £27.34 | Position Value * Margin Rate |
| FINANCING | CLOSE | AMOUNT |
|---|---|---|
| Monday Close | 138 | £0.01 |
| Tuesday Close | 136 | £0.01 |
| TOTAL | £0.01 |
| Monday Close Example | ||
|---|---|---|
| Quantity | 100 | Share CFD |
| Closing Price | 138 | |
| Position Value | £138 | Quantity * Price |
| Annual Amount | £2.73 | Position Value * Annual Rate (0.05793) |
| Daily Amount | £0.01 | Annual Charge / 365 Days |
| Sonia Rate | 3.86 |
|---|---|
| ISDA 3 Month | 0.1193 |
| Interest rate haircut | -2 |
| Annual rate | 1.9793 |
Total financing credited for holding the position for two nights is 1p
| SPREAD* | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade | 136.71/137.10 | 0.39 | £0.19 |
| Closing Trade | 139.00/139.39 | 0.39 | £0.19 |
| TOTAL COST | -£0.39 |
The total spread value, including the underlying market Bid/Offer and our additional commission of 5 basis points or 0.0005%, is 39 pence.
| Underlying market spread | 136.78 / 137.03 |
|---|---|
| Additional commission 5bps | 136.71 / 137.10 |
For more information on equity commisison, please see our market information
| DIVIDENDS | PAYMENT | VALUE (INCLUDED WITH HAIRCUT RATE) |
|---|---|---|
| Monday Close Price | 2.15 | -£2.15 |
| Tuesday Close Price | 0 | £ – |
| TOTAL DIVIDENDS | -£2.15 |
A dividend of 2.15 pence is scheduled to be actioned at the close of position on Monday, with the ex-dividend date set for Tuesday.
Any position held at the close of business prior to the ex-date would be qualified for corporate action on that position
| Quantity | 100 | |
|---|---|---|
| Dividend amount | 2.15 | |
| Dividend haircut (0% short) | 0 | |
| -£2.15 | (Div Amount – Haircut) *Quantity |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | -£2.68 |
| FINANCING | £0.01 |
| SPREAD | -£0.39 |
| DIVIDENDS | -£2.15 |
| TOTAL PnL | -£5.21 |
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Buy 1 Apple Inc. | 158.4 | ||
| Monday Close | 160.3 | 190.00 | 190.00 |
| Tuesday Close | 155.8 | -450.00 | -260.00 |
| Sell 1 Apple Inc. | 156.7 | 90.00 | -170.00 |
| Total PnL | GBP | -170.00 |
The total trading profit and loss of -£170.00
The margin for a retail client @ 20% or leverage of 5 would be £3168 when opened at 158.40
The margin for a Professional client @ 5% or leverage of 5 would be £792.00 when opened at 158.40
For more information on tracking daily Profit/Loss, please see our support page
| Stake | 1 | £ per point |
|---|---|---|
| CFD Equivalent | 100 | |
| Price | £158.40 | |
| Position Value | £15,840.00 | Stake * Price |
| Margin rate | 20% | |
| Margin Amount | £3,168.00 | Position Value * Margin Rate |
| FINANCING | CLOSE | AMOUNT |
|---|---|---|
| Monday Close | 160.3 | -£3.03 |
| Tuesday Close | 155.8 | -£2.94 |
| TOTAL | -£5.97 |
| Monday Close Example | ||
|---|---|---|
| Stake | 1 | £ per point |
| Closing Price | 160.3 | |
| Position Value | £19,757.78 | ((Stake * Price)*100)* GBPUSD |
| Annual Amount | -£1,090.31 | Position Value * Annual Rate (0.055184) |
| Daily Amount | -£3.03 | Annual Charge / 360 Days |
| SOFR Rate | 3.2568 |
|---|---|
| ISDA 3 Month | 0.26161 |
| Interest rate haircut | 2 |
| Annual rate | 5.5184 |
| SPREAD | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade | 158.26/158.4 | 0.14 | -£0.07 |
| Closing Trade | 156.7/156.84 | 0.14 | -£0.07 |
| TOTAL COST | -£0.14 |
Min 2 Cents additional, Max 4 cents additional spread each side. In this case Apple is 3 cents
| Underlying market spread | 158.32 / 158.37 |
|---|---|
| Additional commission 5bps | 158.29 / 158.40 |
For more information on equity commission, please see our market information
| DIVIDENDS | AMOUNT | AMOUNT |
|---|---|---|
| Monday Close | 0.25 | £17.50 |
| Tuesday Close | 0 | £ – |
| TOTAL DIVIDENDS | £17.50 |
A dividend of 25 cents (0.25) will be charged at the close of position on Monday, with the ex-dividend date falling on Tuesday.
Any position held at the close of business prior to the ex-date would be qualified for corporate action on that position
| Stake | 1 | Stake * 100 |
|---|---|---|
| Dividend amount | 0.25 | |
| Dividend haircut (30% of net) | 0.075 | |
| £17.50 | (Div Amount – Haircut) *Stake |
| GBP/USD Rate | 1.23255 |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | -£170.00 |
| FINANCING | -£5.97 |
| SPREAD | -£0.14 |
| DIVIDENDS | £17.50 |
| TOTAL PnL | -£158.61 |
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Buy 100 Apple Inc. | 158.4 | ||
| Monday Close | 160.3 | $190.00 | $190.00 |
| Tuesday Close | 155.8 | $-450.00 | $-260.00 |
| Sell 100 Apple Inc. | 156.7 | $90.00 | $-170.00 |
| Total PnL | USD | $-170.00 |
The total trading profit and loss of -£170.00
The margin for a retail client @ 20% or leverage of 5 would be £3168 when opened at 158.40
The margin for a Professional client @ 5% or leverage of 5 would be £792.00 when opened at 158.40
For more information on tracking daily Profit/Loss, please see our support page
| Quantity | 100 | Share CFD |
|---|---|---|
| Price | $158.40 | |
| Position Value | $15,840.00 | Quantity* Price |
| Margin rate | 20% | |
| Margin Amount | $3,168.00 | Position Value * Margin Rate |
| FINANCING | CLOSE | AMOUNT |
|---|---|---|
| Monday Close | 160.3 | $-2.46 |
| Tuesday Close | 155.8 | $-2.39 |
| TOTAL | $-4.85 |
| Monday Close Example | ||
|---|---|---|
| Quantity | 100 | Share CFD |
| Closing Price | 160.3 | |
| Position Value | $ 16,030.00 | (Quantity * Price) |
| Annual Amount | $ -884.60 | Position Value * Annual Rate (0.055184) |
| Daily Amount | $ -2.46 | Annual Charge / 360 Days |
| SOFR Rate | 3.2568 | |
| ISDA 3 Month | 0.26161 | |
| Interest rate haircut | 2 | |
| Annual rate | 5.5184 |
| SPREAD | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade | 158.26/158.4 | 0.14 | $ -0.07 |
| Closing Trade | 156.7/156.84 | 0.14 | $ -0.07 |
| TOTAL COST | $ -0.14 |
Min 2 Cents additional, Max 4 cents additional spread each side. In this case Apple is 3 cents
| Underlying market spread | 158.32 / 158.37 |
|---|---|
| Additional commission 5bps | 158.29 / 158.40 |
For more information on equity commisison, please see our market information
| DIVIDENDS | POINTS | AMOUNT |
|---|---|---|
| Monday Close | 0.25 | $ 17.50 |
| Tuesday Close | 0 | $ – |
| TOTAL DIVIDENDS | $ 17.50 |
A dividend of 25 cents (0.25) will be charged at the close of position on Monday, with the ex-dividend date falling on Tuesday.
Any position held at the close of business prior to the ex-date would be qualified for corporate action on that position
| Quantity | 100 | |
|---|---|---|
| Dividend amount | 0.25 | |
| Dividend haircut (30% of net) | 0.075 | |
| $ 17.50 | (Div Amount – Haircut) *Quantity |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | $ -170.00 |
| FINANCING | $ -4.85 |
| SPREAD | $ -0.14 |
| DIVIDENDS | $ 17.50 |
| TOTAL PnL | $ -157.49 |
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Sell 1 Apple Inc. | 158.29 | ||
| Monday Close | 160.3 | -£201.00 | -£201.00 |
| Tuesday Close | 155.8 | £450.00 | £249.00 |
| Buy 1 Apple Inc. | 156.7 | -£90.00 | £159.00 |
| Total PnL | GBP | £159.00 |
The total trading profit and loss of £159.00
The margin for a retail client @ 20% or leverage of 5 would be £3165.80 when opened at 158.29
The margin for a Professional client @ 5% or leverage of 5 would be £791.45 when opened at 158.29
For more information on tracking daily Profit/Loss, please see our support page
| Stake | 1 | £ per point |
|---|---|---|
| CFD Equivalent | 100 | |
| Price | £158.29 | |
| Position Value | £15,829.00 | Stake * Price |
| Margin rate | 20% | |
| Margin Amount | £3,165.80 | Position Value * Margin Rate |
| FINANCING | CLOSE | AMOUNT |
|---|---|---|
| Monday Close | 160.3 | £0.83 |
| Tuesday Close | 155.8 | £0.81 |
| TOTAL | £1.64 |
| Monday Close Example | ||
|---|---|---|
| Stake | 1 | £ per point |
| Closing Price | 160.3 | |
| Position Value | £19,757.78 | ((Stake * Price)*100)* GBPUSD |
| Annual Amount | £300.00 | Position Value * Annual Rate (0.015184) |
| Daily Amount | £0.83 | Annual Charge / 360 Days |
| SOFR Rate | 3.2568 | |
| ISDA 3 Month | 0.26161 | |
| Interest rate haircut | -2 | |
| Annual rate | 1.5184 |
| SPREAD | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade | 158.26/158.4 | 0.14 | -£0.07 |
| Closing Trade | 156.7/156.84 | 0.14 | -£0.07 |
| TOTAL COST | -£0.14 |
Min 2 Cents additional, Max 4 cents additional spread each side. In this case Apple is 3 cents
| Underlying market spread | 158.32 / 158.37 |
|---|---|
| Additional commission 5bps | 158.29 / 158.40 |
For more information on equity commission, please see our market information
| DIVIDENDS | AMOUNT | AMOUNT |
|---|---|---|
| Monday Close | 0.25 | -£25.00 |
| Tuesday Close | 0 | £ – |
| TOTAL DIVIDENDS | -£25.00 |
A dividend of 25 cents /0.25 is being paid on Monday close of position, this would an ex-dividend date Tuesday
Any position held at the close of business prior to the ex-date would be qualified for corporate action on that position
| Stake | 1 | Stake * 100 |
|---|---|---|
| Dividend amount | 0.25 | |
| Dividend haircut (0% of net) | 0 | |
| -£25.00 | (Div Amount – Haircut) *Stake | |
| GBP/USD Rate | 1.23255 |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | £159.00 |
| FINANCING | £1.64 |
| SPREAD | -£0.14 |
| DIVIDENDS | -£25.00 |
| TOTAL PnL | £135.50 |
| PROFIT/LOSS SUMMARY | PRICE | DAY PnL | TOTAL PnL |
|---|---|---|---|
| Sell 100 Apple Inc. | 158.29 | ||
| Monday Close | 160.3 | $ -201.00 | $ -201.00 |
| Tuesday Close | 155.8 | $ 450.00 | $ 249.00 |
| Buy 100 Apple Inc. | 156.7 | $ -90.00 | $ 159.00 |
| Total PnL | GBP | $ 159.00 |
The total trading profit and loss of £159.00
The margin for a retail client @ 20% or leverage of 5 would be £3165.80 when opened at 158.29
The margin for a Professional client @ 5% or leverage of 5 would be £791.45 when opened at 158.29
For more information on tracking daily Profit/Loss, please see our support page
| Quantity | 100 | Share CFD |
|---|---|---|
| Price | $ 158.29 | |
| Position Value | $ 15,829.00 | Quantity * Price |
| Margin rate | 20% | |
| Margin Amount | $ 3,165.80 | Position Value * Margin Rate |
| FINANCING | CLOSE | AMOUNT |
|---|---|---|
| Monday Close | 160.3 | $ 0.68 |
| Tuesday Close | 155.8 | $ 0.66 |
| TOTAL | $ 1.33 |
| Monday Close Example | ||
|---|---|---|
| Quantity | 100 | Share CFD |
| Closing Price | 160.3 | |
| Position Value | £16,030.00 | (Quantity * Price) |
| Annual Amount | £243.40 | Position Value * Annual Rate (0.015184) |
| Daily Amount | £0.68 | Annual Charge / 360 Days |
| SOFR Rate | 3.2568 | |
| ISDA 3 Month | 0.26161 | |
| Interest rate haircut | -2 | |
| Annual rate | 1.5184 |
| SPREAD | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade | 158.26/158.4 | 0.14 | $ -0.07 |
| Closing Trade | 156.7/156.84 | 0.14 | $ -0.07 |
| TOTAL COST | $ -0.14 |
Min 2 Cents additional, Max 4 cents additional spread each side. In this case Apple is 3 cents
| Underlying market spread | 158.32 / 158.37 |
|---|---|
| Additional commission 5bps | 158.29 / 158.40 |
For more information on equity commission, please see our market information
| DIVIDENDS | POINTS | AMOUNT |
|---|---|---|
| Monday Close | 0.25 | $ -25.00 |
| Tuesday Close | 0 | $ – |
| TOTAL DIVIDENDS | $ -25.00 |
A dividend of 25 cents /0.25 is being paid on Monday close of position, this would an ex-dividend date Tuesday
Any position held at the close of business prior to the ex-date would be qualified for corporate action on that position
| Quantity | 100 | |
|---|---|---|
| Dividend amount | 0.25 | |
| Dividend haircut (0% of net) | 0 | |
| $ -25.00 | (Div Amount – Haircut) * Quantity |
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | $ 159.00 |
| FINANCING | $ 1.33 |
| SPREAD | $ -0.14 |
| DIVIDENDS | $ -25.00 |
| TOTAL PnL | $ 135.19 |
| PROFIT/LOSS SUMMARY | PRICE | Day Pnl | Total Pnl |
|---|---|---|---|
| Buy 1 SPOT GOLD (Monday) | 1980.25 | ||
| Monday Close | 1990.58 | £10.33 | £10.33 |
| Tuesday Close | 1993.45 | £2.87 | £13.20 |
| Sell 1 SPOT GOLD to close | 1984.85 | -£8.60 | £4.60 |
| Total PnL | GBP | £4.60 |
The total trading profit and loss of £4.60
At an opening price of 1980.25, the margin required for a retail client using 5% margin or 20:1 leverage would be £990.13.
For more information on tracking daily Profit/Loss, please see our support page.
For smaller markets, Mini Spot Gold is available as 10% of the normal size.
The equivalent margin on a stake of 1 Mini Spot gold would be £99.01, with a movement of 10p for every $1 move.
| OVERNIGHT SWAPS | BID | ASK | AMOUNT |
|---|---|---|---|
| Monday Close Swap (1 Day) | 6.24 | 38.25 | -£3.82 |
| Tuesday Close Swap (1 Day) | 6.25 | 38.26 | -£3.82 |
| TOTAL COST | -£7.64 |
| Monday Close Example | |||
|---|---|---|---|
| Close price | £1,990.58 | ||
| Position Open rate | £1,990.96 | ||
| -£3.82 | |||
| Position Size (Stake * 10) * (GBPUSD) | 12.3255 | ||
| Long Swap / Position Size | 3.103 | ||
| £3.83 | GBPUSD Rate | ||
| *10 is the gold contract size | 1.23255 |
The total overnight cost from Monday to Wednesday is £7.64. Please note that any forex and bullion positions held at the close of business on Wednesday until 10 pm will incur 3 days of payments/charges. Forex and bullion trades follow settlement schedules, and if settlement cannot be made on the intended day, it will be settled on the next available business day, which is usually Monday. In the event that Monday is a bank holiday for any currency on the pair, a payment/charge of 4 days would be incurred. Therefore, positions held at 10 pm on Friday can be settled on a T+2 basis on Monday, incurring only a 1-day charge.
The swap rates are determined by the underlying interest rates and may change daily in relation to the TOM/NEXT rates.
| SPREAD* | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade (in hours) | 1979.95/1980.25 | 0.3 | £0.15 |
| Closing Trade (out of hours) | 1984.85/1984.25 | 0.4 | £0.20 |
| TOTAL COST | £0.35 |
Spot Gold Spread in hours 30 cents and 40 cents overinight, please see market information for timings
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | £4.60 |
| SWAPS | -£7.64 |
| SPREAD | -£0.35 |
| TOTAL PnL | -£3.39 |
*Fixed Spread up to max Stake £50
| PROFIT/LOSS SUMMARY | PRICE | Day Pnl | Total Pnl |
|---|---|---|---|
| Buy 10oz SPOT GOLD (Monday) | 1980.25 | ||
| Monday Close | 1990.58 | $ 10.33 | $ 10.33 |
| Tuesday Close | 1993.45 | $ 2.87 | $ 13.20 |
| Sell 10oz SPOT GOLD to close | 1984.85 | $ -8.60 | $ 4.60 |
| Total PnL | USD | $ 4.60 |
The total trading profit and loss of $4.60
At an opening price of 1980.25, the margin required for a retail client using 5% margin or 20:1 leverage would be $990.13.
For more information on tracking daily Profit/Loss, please see our support page.
The minimum trade size on Spot Gold CFD is 1oz, with a margin of approx. $100
| OVERNIGHT SWAPS | BID | ASK | AMOUNT |
|---|---|---|---|
| Monday Close Swap (1 Day) | 6.24 | 38.25 | $ -3.82 |
| Tuesday Close Swap (1 Day) | 6.25 | 38.26 | $ -3.82 |
| TOTAL COST | $ -7.64 |
| Monday Close Example | 0.11 | 3.83 |
|---|---|---|
| Close price | 1990.58 | |
| Position Open rate | 1990.96 | |
| $ -3.82 | ||
| Position Open adjustment | 0.3825 | ASK Divide 100 |
| Open adjustment * position size | 3.825 | |
| $ 3.83 | ||
| *10 is the gold contract size |
The total overnight cost from Monday to Wednesday is $7.64. Please note that any forex and bullion positions held at the close of business on Wednesday until 10 pm will incur 3 days of payments/charges. Forex and bullion trades follow settlement schedules, and if settlement cannot be made on the intended day, it will be settled on the next available business day, which is usually Monday. In the event that Monday is a bank holiday for any currency on the pair, a payment/charge of 4 days would be incurred. Therefore, positions held at 10 pm on Friday can be settled on a T+2 basis on Monday, incurring only a 1-day charge.
The swap rates are determined by the underlying interest rates and may change daily in relation to the TOM/NEXT rates.
| SPREAD | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade (in hours) | 1979.95/1980.25 | 0.3 | $ 0.15 |
| Closing Trade (out of hours) | 1984.85/1984.25 | 0.4 | $ 0.20 |
| TOTAL COST | $ 0.35 |
Spot Gold Spread in hours 30 cents and 40 cents overinight, please see market information for timings
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | 4.60 |
| SWAPS | -7.64 |
| SPREAD | -0.35 |
| TOTAL PnL | -3.39 |
| PROFIT/LOSS SUMMARY | PRICE | Day Pnl | Total Pnl |
|---|---|---|---|
| Sell 1 SPOT GOLD (Monday) | 1979.95 | ||
| Monday Close | 1990.58 | -£10.63 | -£10.63 |
| Tuesday Close | 1993.45 | -£2.87 | -£13.50 |
| Buy 1 SPOT GOLD to close | 1984.25 | £9.20 | -£4.30 |
| Total PnL | GBP | -£4.30 |
The total trading profit and loss of -£4.30
The margin for a retail client @ 5% or leverage of 20:1 would be £990.03 when opened at 1980.25.
For more information on tracking daily Profit/Loss, please see our support page.
For smaller markets, Mini Spot Gold is available as 10% of the normal size.
The equivalent margin on a stake of 1 Mini Spot gold would be £99.01, with a movement of 10p for every $1 move.
| OVERNIGHT SWAPS | BID | ASK | AMOUNT |
|---|---|---|---|
| Monday Close Swap (1 Day) | 6.24 | 38.25 | £0.62 |
| Tuesday Close Swap (1 Day) | 6.25 | 38.26 | £0.62 |
| TOTAL COST | £1.25 |
| Monday Close Example | |
|---|---|
| Close price | 1990.58 |
| Position Open rate | 1990.64 |
| £0.62 |
| Position Size (Stake * 10) * (GBPUSD) | 12.3255 | ||
|---|---|---|---|
| Long Swap / Position Size | 0.506267494 | ||
| £0.62 | GBPUSD Rate | ||
| *10 is the gold contract size | 1.23255 |
The total overnight credit for holding a position for 2 nights from Monday to Wednesday is £1.25. It’s important to note that any forex and bullion positions held at the close of business on a Wednesday through 10 pm will incur 3 days of payments/charges. Forex and bullion trade on settlement schedules, and if they cannot be settled on time, the next available business day, usually Monday, is used. If Monday falls on a bank holiday for any currency pair, then a payment/charge of 4 days would be incurred. However, positions held at 10 pm on a Friday can be settled on a T+2 settlement on Monday, and thus only a 1-day charge would be incurred.
The swap rates are determined by the underlying interest rates and may change daily in relation to the TOM/NEXT rates.
| SPREAD* | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade (in hours) | 1979.95/1980.25 | 0.3 | £0.15 |
| Closing Trade (out of hours) | 1984.85/1984.25 | 0.4 | £0.20 |
| TOTAL COST | £0.35 |
Spot Gold Spread in hours 30 cents and 40 cents overinight, please see market information for timings
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | -£4.30 |
| SWAPS | £1.25 |
| SPREAD | -£0.35 |
| TOTAL PnL | -£3.40 |
*Fixed Spread up to max Stake £50
| PROFIT/LOSS SUMMARY | PRICE | Day Pnl | Total Pnl |
|---|---|---|---|
| Sell 10oz SPOT GOLD (Monday) | 1979.95 | ||
| Monday Close | 1990.58 | $ -10.63 | $-10.63 |
| Tuesday Close | 1993.45 | $ -2.87 | $-13.50 |
| Buy 10oz SPOT GOLD to Close | 1984.25 | $ 9.20 | $-4.30 |
| Total PnL | USD | $-4.30 |
The total trading profit and loss of -£4.30
The margin for a retail client @ 5% or leverage of 20:1 would be $990.03 when opened at 1980.25.
For more information on tracking daily Profit/Loss, please see our support page.
The minimum trade size on Spot Gold CFD is 1oz, with a margin of approx. $100
| DIVIDENDS | PAYMENT | VALUE |
|---|---|---|
| Monday Close Price | 2.15 | £2.15 |
| Tuesday Close Price | 0 | £ – |
| TOTAL DIVIDENDS | £2.15 |
| Monday Close Example | ||
|---|---|---|
| Close price | 1990.58 | |
| Position Open rate | 1990.64 | |
| $ 0.62 | ||
| Position Open adjustment | 0.0624 | ASK Divide 100 |
| Open adjustment * position size | 0.624 | |
| $ 0.62 | ||
| *10 is the gold contract size |
The total overnight credit for holding a position for 2 nights from Monday to Wednesday is $1.25. It’s important to note that any forex and bullion positions held at the close of business on a Wednesday through 10 pm will incur 3 days of payments/charges. Forex and bullion trade on settlement schedules, and if they cannot be settled on time, the next available business day, usually Monday, is used. If Monday falls on a bank holiday for any currency pair, then a payment/charge of 4 days would be incurred. However, positions held at 10 pm on a Friday can be settled on a T+2 settlement on Monday, and thus only a 1-day charge would be incurred.
The swap rates are determined by the underlying interest rates and may change daily in relation to the TOM/NEXT rates.
| SPREAD | BID/OFFER | SPREAD | SPREAD VALUE |
|---|---|---|---|
| Opening Trade (in hours) | 1979.95/1980.25 | 0.3 | $ 0.15 |
| Closing Trade (out of hours) | 1984.85/1984.25 | 0.4 | $ 0.20 |
| TOTAL COST | $ 0.35 |
Spot Gold Spread in hours 30 cents and 40 cents overinight, please see market information for timings
| COSTS SUMMARY | |
|---|---|
| PROFIT/LOSS SUMMARY | $ -4.30 |
| SWAPS | $ 1.25 |
| SPREAD | $ -0.35 |
| TOTAL PnL | $ -3.40 |
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