Understand the costs of trading using CFDs

Phillip CFD Education | CFD Trading Cost

There are only 2 charges associated with CFD Transaction. Charges on your CFD account takes place only when transactions occur.

Commission

Charged typically when you open a CFD position, and when you close the position. Commission chargeable within the same day on the same counter (regardless of buy or sell side) are amalgamated, instead of charged on a per trade basis. View example of commission calculation.

Finance Charge

Imposed to reflect the cost of funding for holding a position overnight. It is calculated based on the contract value of the entire position marked to the closing price of the day. There is no finance charge if you close your position on the same day. View example of finance charge calculation.

Basics to CFD Trading