How do the CFD trading Commission work?
Our CFD trading commissions are structured as follows:
Indices: free
Forex: 1 lot = $2.50 per side turn
Commodities: 1 lot = $2.50 per side turn
A side turn refers to either opening or closing a position.
Example – 1 Lot XAU/USD
Opening the position: $2.50
Closing the position: $2.50
→ Total Cost: $5.00
CFD MetaTrader 5
The commissions for crypto CFDs at GBE Brokers for MetaTrader MT5 are 0.06% (HT) / 0.12% (RT).
Example 1
Opening price: $ 64,980.85
Position size (volume): 0.25 BTC
Position value calculation: $ 64,980.85 × 0.25 = $ 16,245.21
Fee calculation (0.12% roundturn): $ 16,245.21 × 0.0012 = $ 19.49
Example 2 (higher volume)
Opening price: $ 65,129.91
Position size (volume): 2.5 BTC
Position value calculation: $ 65,129.91 × 2.5 = $162,824.77
Fee calculation (0.12% roundturn): $ 162,824.77 × 0.0012 = $ 195.38"
Calculating Swaps
Swap fees (or rollover costs) are incurred when positions are held past the daily market close, either overnight or over the weekend. These charges are based on the current interest rates provided by our liquidity providers. For indices like the NASDAQ, these costs can fluctuate, particularly on days when a 3-day swap is charged (typically Wednesdays or Fridays).
You can transparently check the daily swap rates at any time within your trading platform (e.g., MetaTrader 5): simply right-click the NASDAQ symbol in the Market Watch window and select "Specification."
Swap Formulas
The exact calculation depends on the asset class. Brokers display the swap either in points or as a percentage.
For Indices (e.g., NASDAQ) and Stocks (Percentage Calculation):
Swap = (Position Size × Price × Broker's Swap Rate in %) / 360 × Number of Nights
For Forex (Point Calculation):
Swap = Lot Size × Tick Value × Swap Rate (in points) × Number of Nights
Important to Know
The swap rate is made up of a reference interest rate (e.g., SOFR for USD) plus a broker-specific markup. Because of this markup, long swaps are usually heavily negative, while short swaps are either only slightly positive or also negative.
Does this apply to all brokers?
Yes, this is a worldwide standard in CFD and Forex trading. Whenever you hold a leveraged position overnight, you are essentially borrowing money from the broker to finance that leverage. The swap is simply the interest charged for that loan.
IMPORTANT! In light of these massive swap fees, it is most economically viable to focus strictly on intraday trading and close positions before market close.