Trading Costs And Charges
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Opening an account with Hantec Markets is free. There is no fee for holding money in your account.
A breakdown of our trading costs
When you trade with Hantec Markets, the only charge you’ll need to consider is the spread, and/or a commission if you choose to trade specific CFD markets. The spread is the difference between the bid and the ask price and can vary depending on market conditions. We charge our own spread on top of the market spread as our fee for the trade. CFD’s are different as you can pay either a commission and/or a spread. The commission/spread combos vary depending on the CFD chosen, please see the trading conditions per CFD for each breakdown. There are other cost factors to be considered, including Swap rates (overnight funding) shown below.
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Also known as the ‘Swap’ charge, this is the cost of holding a position overnight. The amount will be dependant on the size of your trade, whether you have a long or short position, and the instrument you are trading. Swap rates are determined by the underlying interest rate’s of the products or currency pairs you have open positions in.
All of this can also be found on our MT4 platform.