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Trading Costs

View all charges:

Commissions We charge no commissions on all asset classes.
Spreads To view our live spreads, please click here. To view our live spreads, please click here.
Swaps To view our live swaps, please click here, right-click on your preferred instrument and click Information.

What is Margin?

Margin allows you to gain full market exposure but only with a fraction of the investment capital you would normally require.

Because CFDs are leveraged products, only a small amount from your capital is required in order to open your position.

What is a Margin Call?

A margin call occurs when, for example, a position you have is going against you. The Margin call will occur when a trading account no longer has enough equity to support the open trades.

Example: If you are using 200:1 leverage and you have a $20 account and use $10 to open a position, your trade size on the market would be $2000. Each pip would be worth approx. 20 cents. If the market moved against you by 50 pips, that would be a floating loss of $10.

Since $10 are required to keep your trade open, at a floating loss of $10.01, you will no longer have enough margin to keep your trade open and a margin call will occur. A margin call means that your broker might close your position to further protect your account.

The margin call at Fondex is at 50%

What is the Stop-Out Level?

“Stop-Out” level means when the margin level of your account falls to or below a specified amount and your trades are automatically closed. Stop Out levels help protect your equity andprevent your account from falling into a negative balance.

The stop out level at Fondex is 35%

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