CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
63.7% of retail investor accounts lose money when trading CFDs with IBKR.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NOTE: Starting August 1, 2018 an additional spread of 1% will be added to the rates below for clients classified as retail clients under MIFID.
|Currency||Position||Contract Interest Charged/Paid on Open CFD Positions*|
(BM +/- 1.5%)
Note: *Index CFD interest is charged at a uniform rate of BM +/- 1.5% regardless of balance. Index CFD balances are not included in the determination of the applicable rate for Share CFDs.
The relevant benchmark rate used to calculate the contract interest rates above can be found on the Interest Schedule page. Contract interest rates are determined by IBKR and may be adjusted from time to time at IBKR's discretion.
Contract interest is always applied in the contract currency of the CFD, and is calculated using the formula:
|Contract Interest = I xUPV x N/360 (365 for GBP)|
|I =||The Contract Interest rate|
|UPV =||The Underlying Position Value, calculated as the CFD Daily Settlement Price x number of contracts.|
|N =||The number of days for which the contract interest is being calculated.|
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information read the "Characteristics and Risks of Standardized Options". For a copy click here.
Your capital is at risk and your losses may exceed the value of your original investment.
Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.
Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.
Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.
For a list of IBG memberships worldwide, click here.