Cost and Charges

This page of our website provides information about the costs and associated charges applicable when trading CFDs with TSG brokers. The description of each cost, the methodology used for the calculation of the fees and scenario-based examples can be found in the following sections of this page in order to understand how the fees apply to your account in practice.
*This section is applicable to Retail and Professional Clients. There is no discrimination in the fee calculation methodology between client categorisation.
NOTE: Total trading costs increase proportionally to the volume of the transaction; the higher the trading volume, the higher the cost.

1. Costs and associated charges for the provision of Investment and Ancillary Services

One-off costs

Spread:

‘Spread’ is the difference between the Sell (“Bid”) and Buy (“Ask”) price of a particular instrument. The spread that the Company charges you reflects, in part, the spread of the underlying exchange where the underlying asset is traded on, plus a mark-up depending on the trading account type and product. Our spreads are variable and subject to charge upon market conditions.

Commission:

‘Commission’ is the amount charged when Client enters a CFD transaction and is based on the account type and the notional value of the trade. The total commission fee is charged at the opening of the transaction for both sides at once (opening and closing).

Ongoing charges

Overnight Financing Fee (Swaps):
‘Overnight Financing Fee (Swaps)’ is the fee charged for all positions held open overnight at the end of the daily trading session (22:00GMT and 21:00GMT during DST) and may be subject to credit or debit depending on the prevailing market. The Company applies a 3-day rollover strategy on Wednesday for all positions held open on FX and Metals, a 3-day rollover strategy on Friday for all positions held open on Cryptos, Energies, Indices and Equities. Tripled Swap Explanation: This is an industry standard and is due to the T+2 settlement date of financial instruments to cover the charges incurred by the interbank market over the weekend. Please refer to the information section on TSG trading platform for more information on the swap values.
The swap values are received from the Company’s Execution Venues.

Incidental costs:
Currency Conversion’Currency Conversion for trading’ is the exchange rate necessary for converting any realised profits/losses and/or other trading fees when the Client’s account currency is different from the quoted currency of the underlying asset being traded. The Company does not apply additional fees for this type of cost. The amounts are converted automatically at the prevailing market prices. ‘Currency Conversion for internal transfer’ This conversion fee applies only when Clients are transferring funds between accounts with different base currency. Transferring of funds between accounts with different base currency, is subject to exchange rate conversion. The conversion rate used is the ECB reference rate at the date of the transfer.
Up to 1.5% charge on top of the ECB reference rate The Company reserves the right to charge a one-off fixed administration fee of €/$25 when the customer’s trading account remains inactive/dormant for twelve (12) months, provided that the client’s account has available funds.
The inactivity fee of €/$10 shall also be deducted from the client’s account on the last day of the 12-month period of inactivity/dormancy.
No fees apply when the free balance eq uals to zero.

2. Account types ****