Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets, CFDs, OTC options or any of our other products work and whether you can afford to take the high risk of losing your money.

Charges FAQs

What are the costs that I need to be aware of when trading with CMC Markets?

Please view our trading costs page for more information on the costs involved when you spread bet or trade CFDs with us. Below we've highlighted the main costs involved, including spreads and overnight holding costs.

Spreads: you'll pay a spread cost on each instrument you trade, which is the difference between the buy and sell price.

Overnight holding costs: at the end of each trading day at 5pm (New York time), any cash positions held in your account may be subject to a charge called a 'holding cost'. The holding cost can be positive or negative depending on the direction of your position. Historical holding rates, expressed as an annual percentage rate, are visible on our platform within the overview section of each product. This annual percentage is applied to the notional value of your trade when it was opened, and divided by 365 for the one night cost. Learn more about spread bet holding costs and CFD holding costs.

Trading on shares and ETFs: there's a commission charged when trading CFDs on shares and ETFs. When spread betting on shares and ETFs, there's a an additional spread charge when you enter and exit a trade.

Market data feeds on share CFDs: to view share prices on our platform, you will need to activate the relevant market data feed for the region in which the products you wish to see are traded. Monthly subscription charges may apply depending on your market data classification and the type of account you hold. You can find details of the charges from the 'Settings' dropdown menu on the trading platform, and then 'Market Data'. 

How do I know if I am classified as a 'private investor' or 'non-private investor' for market data purposes?

This depends on the information you provided in your application form. You are classified as a 'non-private investor' for market data purposes if you meet one or more of the following conditions:

  • You are not a natural person (meaning that you are not an individual)
  • You access and use the market data and similar information for a commercial purpose or as a principal, officer, partner, employee or agent of any business or in connection with the professional management of third-party assets and not solely in an individual and personal capacity for your own personal investment activities
  • You are a financial institution or are registered with a securities agency, regulatory or self-regulatory body
  • You are engaged in a financial service business and are employed as a financial adviser for the purposes of your agreement and trading activities with CMC Markets
  • You engage in the business of accessing or aggregating the market data or similar information and redistributing or otherwise furnishing that information to any third parties

If any of these apply to you and you subscribe to any market data price feeds for share CFDs, you will be charged the 'non-private investor' rate, which may be higher than the 'private investor' rate. Details of the charges can be found on the platform in the ‘market data’ section in ‘user preferences’.

Is there a dormant account inactivity charge?

Yes. A monthly inactivity charge of £10 (the amount depends on your account currency) will be deducted per dormant account where funds are available. An account shall be considered dormant if there are no open positions and there has been no other trading activity for a continuous period of one year.

The monthly inactivity charge of £10 (or its equivalent in another currency) will be deducted from a dormant account, usually within the first two (UK) working days of the month, until either:

  1. The account is closed by the client or CMC Markets.
  2. Trading activity recommences on the account.
  3. The balance of the account is reduced to zero.

Once the balance of a dormant account has reduced to zero, we will not deduct further monthly inactivity charges from the dormant account. A dormant account will not incur a negative balance as a result of the deduction of the monthly inactivity charge.

If you decide to reactivate your dormant account by trading again, the inactivity charge for up to three previous months (up to a maximum of £30) where this has already been deducted will be refunded to your account.

How are holding costs on forex calculated?

The overnight holding rate used when calculating the applicable holding costs on FX comes from the tom-next rate, which is the difference between the two currencies’ interest rates, with an additional 0.0027% CMC Markets charge added. Learn more about spread bet holding costs and CFD holding costs.

Please note, you'll be charged holding costs for three days on either a Wednesday or a Thursday, depending on the currency pair, as shown in the table below.

 

 

USD/CAD, USD/TRY, TRY/CAD, CAD/TRY

All other FX pairs & FX indices

Monday 5pm EST

x1 Holding Cost rate

x1 Holding Cost rate

Tuesday 5pm EST

x1 Holding Cost rate

x1 Holding Cost rate

Wednesday 5pm EST

x1 Holding Cost rate

x3 Holding Cost rate

Thursday 5pm EST

x3 Holding Cost rate

x1 Holding Cost rate

Friday 5pm EST

x1 Holding Cost rate

x1 Holding Cost rate

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